Looking for a property but canít find anything that suits your needs? There is a wide variety of property to choose from on todayís market, and wading your way through listings can take time unless you can narrow down your field of search. Knowing your specific requirements is one way of doing this, but flexibility and comprehensive research of property in your price range can also bring advantages.
For first time buyers the property boom has brought distinct disadvantages as prices continue to grow and many find themselves priced out of the market. However discounts and incentives from developers are making new homes increasingly popular with first time buyers struggling to get a foot on the property ladder. For families there are also advantages when buying a new home. Compared with period properties new homes are more energy efficient, more environmentally friendly and more economical to run. After all not everyone wants to spend weekends refurbishing. New homes have brand new fitted bathrooms and kitchens and often come with fitted appliances including fridge freezers, ovens and washing machines which can be a an expensive outlay. Some even come with fitted carpets and curtains meaning buyers can move straight in.
Buyers looking for space and character may have reason to grumble about characterless modern homes and there will always be a demand for older property with flexible accommodation. Trends are moving towards more living space and adding a study/work space can prove useful as more people use modern technology to shop or work from home. Older properties can meet the demand for space from growing families or people looking to share accommodation, and for some people the satisfaction to be found in restoring an old building is immense. Renovations can take time and money but the attraction for older properties remains undimmed. In town renovated properties may lack garden or garaging but owners can often walk to work, an advantage when parking is at a premium.
Apartments may not suit family life but more people today live singularly by choice or see an apartment as either an investment capable of providing an income or simply a way of getting on to the property ladder. Developers have recognized this as a growing market and here on the Island modern apartments have proved popular, particularly as land availability diminishes. Older hotel properties with limited future use have been demolished and replaced by modern apartment blocks. These apartments provide the convenience of modern living combined with low maintenance, secure parking and sought after sea views.
If none of these options appeal and your ideal home is a bungalow, you may find yourself seeking what a large percentage of the population see as an ideal property. Bungalows have developed considerably since the 1920ís when they were embraced as cheap and easy to build forms of accommodation which quickly became a widespread and controversial phenomenon. Love them or hate them there is no denying their popularity and certainly they do not deserve to be viewed as architecturally uninteresting structures.
Whatever your choice of property, and clearly there is a wide range to suit all tastes, no property sale or purchase should be untaken lightly. Good professional advice is essential, so get to know your estate agent. Lowey & Co. have a friendly professional team interested in helping you in your property search. If there is a property on this site that interests you, contact us for further information. We would be delighted to hear from you.