Tuesday, October 24, 2006

Westgate - It's the New Ramsgate

This story in property news caught my eye:

'The evolution of a premier new address': "The market is incredibly buoyant in Thanet with many Londoners now shunning Brighton as their commuter base or second home, in favour of coastal towns in Kent such as Margate and Westgate-on-Sea, which offer better value for money. According to statistics from BBC online, house prices in Thanet are already up by 8.8% from last year and the influx of purchasers with bigger budgets will undoubtedly push prices higher, so I would advise homebuyers looking for a luxury home that will continue to achieve this excellent level of capital appreciation, to buy now.”"

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