Salcombe among top ten millionaire locations
Published: Tuesday 29th May 2012
The popularity South Devon hotspot of Salcombe has been considerably boosted, after figures suggested it is amongst the top ten of millionaire's hotspots in the country.
In a recent survey carried out by website primelocation.com, it has revealed that 28.9% of properties in the city achieved a £1 million valuation, making it the ninth most prosperous location in the country.
Dubbed Chelsea-on Sea, the region has seen dramatic growth, jumping from 27th in the same list just a year ago. It is said the growth is down to people wanting to buy up second holiday homes in town, being particularly favourable to the yachting community.
The development can only come as great news for the region, emphasising the growing appeal of the coastal hotspot to holidaymakers.
With its beautiful beaches, picturesque coastal views and sublime dining experiences, the seaside town has long been a popular holiday destination for the quintessentially British traveller. Why not book into one of the luxurious Devon cottages and discover Salcombe this summer?