North Wales is an increasingly popular place for people to get a second home. The activities on offer for visitors are only getting better, there is a great mix of built up towns and beautiful untouched landscape, and a strong community.
With apartments North Wales available, then it’s possible that you can make it your choice for your new venture! Here’s why North Wales is the best place to get your second property:
It’s becoming more popular with tourists.
The range of activities and places to visit is increasing in North Wales and bringing with it – more tourists. This means that if you’re thinking of turning your second home into a holiday let, then you should have enough people interested.
On top of this, the increased resources for tourists will also benefit yourself when you come to visit. It’s a win-win situation.
The landscape is incredible.
When you’re in North Wales, you won’t be far from both the beach and the stunning mountains, so you can choose where you want to spend your time!
If you love nature then you would be in for a treat. There are 5 Areas of Outstanding National Beauty including Anglesey and the Clwydian Range, and Snowdonia National Park.
Snowdonia is home to the tallest Mountain in Wales and England ‘Snowdon’. There are various ways up with various levels of difficulty so most people can have a go.
You may be subject to beneficial tax laws.
If you decide to let out your apartment as a holiday home, then you would get better tax laws in comparison to a standard rental property. This is because the council would see it as a business rather than a means of investing money.
In Wales, you can apply to pay business rates of tax if you make your property available to let for at least 140 days a year, and have it actually let out for at least 70 days a year – which should be easy to sort out with websites such as Airbnb.
There is a strong sense of community and local produce.
North Wales’ towns have a lot of small businesses and shops open, making it easy to shop locally and keep the money in the local economy.
There are many events where people come together to celebrate the local produce and skill on offer, such as the annual Conwy Feast and the Good Life Experience.
