This charming area of North Wales is currently undergoing a major renaissance with investment across the region at record levels. While many visitors are attracted each year to the rugged and wonderful landscape of the Snowdonian National Park, thousands flock to the seafront resorts where summer bookings have increased by 66% in just five years.
Every year 300,000 holidaymakers visit Llandudno bringing in £90 million to the economy and millions of pounds are currently being invested into the town which was voted the eighth best place in the UK to visit. The region’s popularity has soared in recent years and it has been targeted by investors from home and abroad as a prime hotspot for property.
Snowdonia, the Isle of Anglesey and the magnificent castle town of Conwy are all close by, as is the Victorian seaside resort of Llandudno and the proximity of the A55 facilitates travel further afield.
Llandudno is nearby and the beaches in the area are being constantly improved and are aiming at achieving the European Union Blue Flag status in the near future. There are already award-winning beach with 3 miles of golden sand, great for sunbathing on and beach games, or alternatively take a leisurely stroll.
The area is also easily accessible from England and Ireland via the A55 Expressway.
Colwyn Bay also has a mainline railway station and is served by the National and local coach companies.
There is currently a large investment going into Colwyn Bay – the Waterfront project which will enhance the local area and the promenade. This is being financed through national and European funding.
Both the Coastal Defence and the Regeneration, the two separate schemes along the coastal frontage will work together to form one finished product. The impact can be huge here with increased tourism, and increased house prices expected – with more demand from retirees.
Colwyn bay also has a large independent coeducational boarding school called Rydal school. It is the only Methodist school in the independent sector in Wales. It is located on multiple sites around the town with a site in the neighbouring village of Rhos-on-Sea where it keeps its watersports equipment for easy access to the beach. Students come from all over the world to study here, with a strong contingent from South Africa.
So this area is very strong with excellent demand for good quality housing. Whether you are looking for a new home, a second home or an investment property, this is a great place to buy, and Oaking Developments will be only too happy to help you find the right property.