Investment properties for sale overlooking Britain’s best beaches have never previously seemed to appeal to the imagination of international real estate investors. The UK is not exactly known for it’s array of long sandy beaches and sunshine. Property investors the world over have long shared a fondness of investing in beachfront or seaside property. The obvious lifestyle benefits on offer, as well as the potentially lucrative returns available particularly during peak seasons has attracted investors for decades. Properties for sale in Dubai, throughout Europe and in particular Spain, Australia, Thailand and The Caribbean to name but a few have been amongst the most popular destinations for investors seeking to invest in property abroad and enjoy the many lifestyle benefits available.
Investment Properties For Sale Along Britain’s Coastline
The UK however is now beginning to weigh into the argument, with two British beaches having been recently ranked within the top 10 beaches across Europe by TripAdvisor. The results were collated using reviews from travellers themselves. Both Weymouth Beach in Dorset and Woolacombe Beach in Devon were listed amongst the top 10 beaches in Europe, whilst both are permanent fixtures on the TripAdvisor list for UK’s best beaches. Woolacombe Beach was awarded ‘Britain’s Best Beach’ in 2015 and 2016, having only recently been knocked off top spot by Weymouth Beach.
With Brexit now well and truly underway and the Pound Sterling having conceded ground to many major currencies, investing in UK property has never looked more attractive as far as overseas investors are concerned. Given the weaker Pound, foreign tourists and visitors are now seeing much more value for their money and this is reflected in the number of inbound visits to the UK, which from January to August in 2016 had totalled a record 25 million, up 3% on the previous years period. The South West of the UK, where Weymouth Beach and Woolacombe Beach are both located, welcomed the highest proportion of domestic overnight trips of all English regions in 2015 – 19.7 million trips accounting for 19% of the total. This accounted for 23% of the total £4.4 billion spent by tourists.
The Atlantic Bay Hotel, Woolacombe
When considering the purchase of investment properties for sale overlooking Britain’s best beaches, Woolacombe Beach in Devon in the South West of the UK cannot be ignored. Following on from the previously successful and hugely popular hotel room investment opportunity in North Devon – The Devon Bay Hotel in Ilfracombe, the Atlantic Bay Hotel, Woolacombe presents the perfect property investment opportunity in the region. Nearly six million visitors flock to North Devon every year. Visitors spent £464.1mllion in the county last year, contributing to a total tourism industry turnover of over £550million. Woolacombe is set to contribute significantly to those figures as its reputation as a top sea and surf destination continues to rise. The Atlantic Bay Hotel buy to let investment opportunity is ideally placed to benefit from these increasing numbers. Traditionally a Victorian guesthouse, the Atlantic Bay Hotel courtesy of an award-winning UK property developer will be upgraded to a 4-star hotel and spa comprising 96 bedrooms, a fine dining restaurant, cocktail lounge and bar, as well as swimming pool and health suite. The stunning hotel sits above Woolacombe with unobstructed views across Britain’s Best Beach and breath taking sea views over The Atlantic Ocean.
Investors are invited to purchase individual rooms in exchange for which the award-winning developer is providing contractually guaranteed net returns of 10% per annum for 10 years, with a buyback offer available at year 10 of 125% ensuring guaranteed capital growth. There is an excellent selection of rooms available boasting breath-taking sea views across Morte Bay and The Atlantic Ocean. This particular deal is specially structured in a way that maximises income yields and minimises the cash down payment, with the opportunity benefiting from no stamp duty payable and the developer covering all legal and closing costs should the investor complete within 28 days. This is a unique opportunity to invest with a leading UK property developer overlooking one of the UK’s best beaches, at a time when UK tourism is seemingly at the beginning of a long upward trend.