SEASIDE resort Ramsgate is set to be a millionaires’ playground with London high-flyers flocking to snap up property in the town.
A top people’s lifestyle magazine has named the town as the fifth best place to buy a home for top City executives with six-figure bonuses to spend.
Country Life put Ramsgate on the list of desirable residencies set for a property boom in 2006, only beaten by Salisbury and the up-market London postcodes of Kensington, Chelsea and Pimlico.
The magazine said the area now rivals Brighton or Whistable after restoration efforts on period homes and the planned high-speed rail link which will slash travel times to London.
Estate agent Christian Miles, senior partner at Miles and Barr, agreed. He said: “We saw a record level of sales in December, a time when the market’s normally quiet. And 47 per cent of buyers were from outside the region.”
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POSTED: 09/01/2006 13:57:12
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