January, 07, 2025-03:03
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A daily escape to the sea and sand is a captivating attraction for many who seek tranquility away from the frenetic pace of urban life.However, coastal living is often perceived as a luxury reserved for the affluent, complete with yachts and sailboats.Yet, this perception can change if you know where to search.
The charming coastal towns of Devon and Cornwall are frequently highlighted as ideal locations for establishing a home—or a second residence—by the ocean.According to estate agency Knight Frank, interest is surging, with viewings for waterfront properties rising by 25 percent in 2024 compared to the five-year average (excluding 2020, the pandemic's initial year). They noted that the South West remains the priciest region for these properties.
Hamish Humfrey from Knight Frank states, "Coastal properties continue to attract buyers with their distinctive appeal. Our research indicates that waterfront homes in the UK command a substantial premium of 48 percent over those located inland. The South West and South East regions, in particular, have experienced increased demand and significant price hikes."
In the UK, blessed with 7,723 miles of diverse coastline, there are numerous areas offering coastal living options for every budget.Utilizing data from Rightmove, we examine the most affordable locations to purchase seaside properties, as well as the most desirable options for those with a larger budget.Lowestoft boasts two award-winning beaches—one sandy, perfect for water sports like paddleboarding, surfing, and jet skiing, and another shingle beach.Known as the UK's sunshine coast due to its eastern location, Lowestoft is the first place in Britain to greet the sunrise.
This charming seaside town in Suffolk, home to 71,330 residents, is experiencing growth thanks to the renewable energy sector.
Originally rooted in fishing, Lowestoft has attracted significant investment, including £8 million from Scottish Power to develop its largest wind farm, which will supply power to 1.3 million homes.
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