Press Release Summary = An increase in the number of Britons opting to spend their summer holidays on the beaches of the UK is creating new buy-to-let investment opportunities. Overseas trips are losing their appeal for many British holidaymakers who prefer staying in the UK instead.
Press Release Body = An increase in the number of Britons opting to spend their summer holidays on the beaches of the UK is creating new buy-to-let investment opportunities. Overseas trips are losing their appeal for many British holidaymakers who prefer staying in the UK instead.
Peter Hampson, director of the British Resorts and Destinations Association (BRDA) commented on the \"definite trend\" that has seen UK beach holidays becoming more popular - and fashionable - recently.
According to Mr Hampson, certain elements of holidaying abroad have now become \"naff and nasty\", especially in destination seen as mainstream or mass market. And as for more exotic or far-flung destinations, holidaymakers are becoming increasingly concerned about how these trips impact on the environment.
The lure of better climes is also no longer enough to tip the scales in favour of a foreign jaunt for many Brits, Mr Hampson asserted. Northern European destinations share the British weather, he said, while the heat waves of the Mediterranean also deter holidaymakers.
Indeed, the United Kingdom Tourism Survey found that Britons took 79.21 million domestic holidays last year, spending around £13.6 billion in the process.
Big money is also being spent on regeneration and development in major seaside towns in the UK. Traditional summer destination Blackpool is seeing complete reconstruction of its seafront - something Mr Hampson believes will transform the \"very bland, boring affair\" to a \"shiny, all-singing-all-dancing\" area.
Hastings and Scarborough were also highlighted by the BRDA director as towns where \"vast amounts\" are being spent on improved infrastructure to accommodate throngs of British holidaymakers. And this is creating a new opportunity for buy-to-let investors, who are likely to cash in on more tenants looking for short-term lets during the summer.
In terms of private investment in beach property, Mr Hampson thinks the markets will vary dramatically. But in the end, \"if they\'re popular, then it makes sense to invest them\", he said.
Owning a seaside property is also not only reserved for professional landlords, as second homeowners can take advantage of higher numbers of visitors to the coast to let their home around the year.
And for the many Britons leading stressful lives and dreaming about being able to enjoy weekend breaks, owning a home on the British coast could offer an ideal situation.
\"It\'s a shame that most of us believe we can only enjoy the coast for a couple of weeks a year when this simply isn\'t the case,\" commented the sales director for Persimmon\'s East Yorkshire region, Karen Harrowell.
\"Near-coastal developments tend to be sought after by those looking for a respite from the daily grind and now more than ever as we lead increasingly stressful lives.\"
2022
