Brighton’s growing global popularity is good news for sellers
I know we like to bang on about Brighton being great and all, but now our words have been backed up by TripAdvisor’s list of the top ten destinations on the rise for 2016.
The list has named Brighton as one of the world hotspots for the coming year. Sitting in sixth place, it was the only British city to make the top ten.
TripAdvisor’s Travellers’ Choice awards for Destinations on the Rise are based on travellers’ reviews and feedback year-on-year. Categories include attractions, accommodation and restaurants – with the highest-rated cities making the top ten.
“Brighton’s seaside appeal is on the rise, and not just from British holidaygoers,” a TripAdvisor spokesman said of the city. “The positive traveller reviews that the town has received this year on TripAdvisor, by visitors from all over the world, show the growing reputation it has earned as an international destination.”
Brighton’s popularity is good news for property sellers, too. It’s not just tourists that will be drawn by the seaside living, slower pace of life, thriving cultural scene and creative buzz, but international buyers and investors as well.
London is an extremely popular choice for investors, but house prices in the capital are so high (and rising by the day) that people are looking elsewhere for investment opportunities.
Brighton’s strategic location – on the coast and surrounded by the South Downs, but close enough to London to make commuting feasible – allow it to be an ideal place for outside investment.
For those selling a property in Brighton, this means an increase in the pool of potential buyers. Interest will be there not only from overseas buyers, but domestic-based ones too.
As we’ve regularly written about before, Brighton and Hove has been witnessing the benefits of the so-called ‘ripple effect’. This is where buyers, frustrated by high house prices in London and other parts of the South East, are seeking cheaper alternatives elsewhere.
This increase in demand (with Brighton being a world hotspot and receiving more media coverage and attention, it stands to reason that demand for homes here will go up) should result in values going up and sellers getting the asking price or above for their homes.
As a high-profile estate agent in Brighton and Hove, here at Mishon Mackay we will do all we can to get your property sold for the best possible price.
If you would like to learn more about selling property in Brighton, Hove and the surrounding areas, please get in contact with Marc Cox on: 01273 416732.
To discover what your home could sell for on the current market, you can check out our free and instant valuation tool.