Is Buying A Rural Property A Good Investment?
Property has long been viewed as a good investment for people, in the short and long-term. However, there is a marked difference between property in a major city and a home in a rural setting. It is natural for people to wonder if buying a rural property represents a good investment.
As rural estate agents, Prestige & Village is perfectly placed to advise you in this matter, and in all rural housing matters.
What is Rural Property?
If you need clarification on what defines a rural property, we are here to assist you. Land is classed as rural if it lies outside a region that plays host to more than 10,000 people.
You’d be forgiven for thinking that rural life is far from the norm in the United Kingdom, but the reality is, 85% of UK land is rural land. All the many towns, hamlets, villages and remote or isolated homes make up the rural landscape in the UK.
Unsurprisingly, the population density for rural areas is low, which is an immediate positive element for so many prospective property buyers.
Is Rural Property A Good Investment?
For many years, rural properties have been viewed as the ideal setting for those looking to escape from it all, or perhaps for people looking for a weekend getaway.
The quiet nature of these properties, and the chance to engage in the welcoming nature of village life, has always attracted a certain type of buyer.
Of course, the property buying landscape in the UK has changed considerably in recent years. The impact of the pandemic, and the various lockdowns, means more buyers are looking for space. Also, with remote working in place, people are no longer tied to an office or place of work.
This is likely to be the case for many years to come too, which gives people confidence when buying rural property. Even if your circumstances change and you have to leave a village setting, there will be buyers looking for a rural property just like yours.
No matter what stage you are at with respect to rural property, Prestige & Village is on hand to assist you.
Can you let rural property?
If you are thinking about investing in rural property because you want to let it out, you need to know if you can let rural property.
The good news is that you can, and if you are looking for assistance in this matter, Prestige & Village are the rural estate agents you can trust. We can take you from finding your ideal rural home to making an offer on it all the way through to placing the property on the rural lettings market, finding tenants and then managing the tenancy.
Contact Prestige & Village for all your property market needs in 2022
At Prestige & Village, we care about our community, and supporting others. We aim to provide you with as much help and assistance as we can. If you have any property or housing questions, please feel free to contact us today.
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