OPEN MARKET
The following pages display only a selection of our Open Market properties. To view our full portfolio, please contact one of our negotiators.
Open Market properties Half a billion pounds in sales marks a long-awaited turn around The numbers of Residential sales in Guernsey have climbed rapidly in 2020, particularly post our mercifully short lockdown. The Open Market residential sector saw 14 genuine sales in October which is the greatest number in a single month for 10 years with our press reporting half a billion pounds, of total property sales in the year to date. Demand for Local Market homes remains high in all sectors, including from investors looking for relatively good yields and security. So, confidence in the Guernsey house market is high and looks set to remain that way. The very low numbers of Covid-19 cases in Guernsey continues to make this not only an enjoyable place to live and do business, but a safer environment for all, particularly those who are considered to be in the
vulnerable category. Guernsey has its own post COVID-19 tax challenges but Rishi Sunak’s call for an overhaul of Capital Gains Tax in the UK will leave UK residents bracing themselves for changes which may well make Guernsey’s tax regime all the more attractive. The inevitable consequence of this buoyant market is a shortage of houses. For the first time in many years the selection has reduced considerably, making this the perfect moment for those who have held back or hesitated in listing a house, waiting for more better market conditions, to go to market. If you would like some expert, obligation free advice please do not hesitate to contact one of our team of experienced staff.
GUERNSEY PROPERTY AUTUMN/WINTER 2020/21
|
11
