A multi-million pound development of the former Kinloch Court Hotel, overlooking Tenby’s South Beach, has achieved record-breaking sales.
The 51 Latitude development consists of 14 two and three bedroom apartments with sea views priced at between £360,000 and £600,000, with every apartment being reserved since last Christmas.
Apartments in another development on Tenby’s South Beach, Water’s Edge, have also been selling well with several two bedroom flats remaining for sale for between £495,000 and £525,000.
Tenby has been a vibrant and popular place to both live and holiday since Victorian times and the past 10 years has seen its popularity increase even more with the large Georgian terraced houses in Lexdon Terrace changing hands for over £1 million. However, a 3 bed terraced house within the town can still be purchased for around £210,000. Superb new restaurants such as The Salt Cellar and the restaurant at The Penally Abbey Hotel make Tenby an even more attractive place to live and, with the huge rise in staycationing and the fact that buy to holiday lets are still tax efficient, many people are buying properties in the town to holiday let to both Summer visitors and during the rest of the year to walkers, golfers, wildlife lovers, artists, writers, etc. who enjoy the tranquility of the stunning Pembrokeshire coastline out of season.
If you are looking to move to Pembrokeshire, Carmarthenshire, Ceredigion or Gower, or purchase a property here, do give West Wales Property Finders a call on 01834 862816. Nearly 90% of the properties we find for our clients never hit the open market, thereby ensuring they get the pick of the crop. We will find you your dream property whilst saving you time, stress and money.