A view from the field: Pembrokeshire

Fishguard, Pembrokeshire, Wales

Branch partner Martin Jones at John Francis explains why Pembrokeshire’s property market is thriving.

With awards and accolades for the quality of its coastline, Pembrokeshire is the perfect location for residents who enjoy spending time outdoors – the beach is heaven for swimming, walking and wildlife watching. This beautiful coastline is also filled with some glorious history – the women of Fishguard basically saved us from the French (this battle is often referred to as the last invasion of Britain).

At the heart of Pembrokeshire Coast National Park is the famous St David’s Cathedral – which is in fact the UK’s smallest city. Despite its small population, the city’s thriving community is surrounded by spectacular coastal scenery, renowned for its beauty.

Within Pembrokeshire there are huge opportunities to purchase a wide range of properties from 12th century monasteries to ‘new builds’ or even converted lighthouses. If you’re looking to buy right next to the water, then marina apartments offer the ideal location for breathtaking views of the water.

All properties in Pembrokeshire are offered at a competitive price in comparison with other parts of the UK. It appears that activity in the property market this year has picked up, especially due to the demand from first time buyers. We first noticed this rise in activity around the election and consequently, the stability in the property market is ensuring that 2015 has become a very busy year – John Francis reported a record breaking July for exchanges.

Despite speculation around interest rate rises by the end of the year, prices remain stable. There is much more confidence in activity in the property market than there was five years ago and we are expecting sales of all properties in 2015 to exceed 2014 levels.

Realistic asking prices remain the key to a successful and speedy sale. Choosing the right agent with strong local knowledge and expertise also remains as important as ever.

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