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PROPERTY CONFERENCE OF THE MILLENIUM

Posted by: chumley

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A place by the sea ... ?

Posted by: chumley

Tagged in: Untagged 

British beach 

As Easter approaches, it's the perfect time to start thinking of Summer holidays!

What comes to mind when you think of the British seaside holiday? Candy floss, crazy golf and ballroom dancing? Cream teas, milkshakes, and fish and chips? Sandcastles, buckets and spades, and paddling? Not to mention the miles of beautiful and unspoiled coast of this island nation - from sweeping sandy beaches to craggy cliffs. Wherever you are in England, you are never more than 73 miles from the sea! It's ingrained in our genetic make-up and culture!

However, the British seaside is a fairly recent invention. The classic chalet-and-pier towns grew up during the 19th century, when it finally occurred to someone that it might be nice to let workers in industrial towns go on holiday. Their late flowering was in the 1950s and 60s, before the advent of cheap travel abroad. In recent times, it's true to say that some of their grandeur has faded. But it seems that the current economic down-turn is just what is needed to breathe new life back into our coastal resorts.

In December 2007, Nick and I saw what was happening in the property market and wider economic climate, and we decided to diversify our portfolio to hedge and spread risk. We started researching a U.K. holiday let that had the potential to achieve year round occupancy.

After much due diligence, and a weekend stay in the area, we purchased our first holiday let property "SeaBreeze" at Camber Sands, East Sussex in April 2008.

With a buy-to-let property you have pure investment potential. However, imagine having the added benefits thrown into the equation of being able to buy your retirement home now, at today's prices, and have it funded by someone else as well as having your own holiday home at a very low personal cost. 








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