Salcombe Second Homes Not a Recent Phenomenon

Seventy % yes 70% of Salcombe's homes now belong to second home owners and you can often hear die hard Salcombe locals bemoaning this fact (who can blame them!?), however, it appears that this isn't a new trend...Salcombe has apparently been a second home haven since the Victorians first started to build their holiday retreats there. In a neat twist of fate it's these houses that are now Salcombe's most sought after with huge price tags attached.

Salcombe is in the top 4 and probably number 2 of the most sought after seaside venues to buy a second home or indeed a home. Sandbanks still eclipses Salcombe price wise, although Salcombe, for me anyway, makes Sandbanks look dull and over priced.

Amazingly one Salcombe estate agent said that he has, at any one time, 50 interested cash buyers with budgets in excess of £2 million(!!!!) just waiting for the right property.

It looks like Salcombe will be immune from the current property slump due to the majority of it's buyers being stonkingly rich! If nothing else it will be interesting to watch...and be assured I will let you know about anything interesting!!