Property Predictions 2017

Wales

“Wales in general will remain stable with a minimal price increase of 1-2%. However, there are exceptions. I predict character sea view properties, particularly those standing alone, in popular locations around the West Wales coast will continue to soar. This is due to the scarcity value coupled with the rise in the popularity in holiday lets and second homes.

“Holiday lets are still tax efficient and there is high demand for rentals fuelled by the huge rise in ‘staycations’.

“Prices in Cardiff and Swansea are also likely to see increases that will far outrun that of the market as a whole. This is because of the huge investment being made for regeneration and high demand for properties in these locations.”

Carol Peett Managing Director of West Wales Property Finders (www.westwalespropertyfinders.co.uk)