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  2. Jan 10, 2025If you're considering a move to Guernsey then it's important to know that the island has two distinct property markets - Local and Open.. The Open Market emerged after the Second World War when Guernsey's lawmakers tried to protect the interests of local residents while still encouraging people to relocate to the island.
  3. Jan 15, 2025To help kick start your property search in 2025 the residential sales team at Savills in Guersney has chosen some of their favourite homes currrently for sale on the island's Local Market Cookies are a small file saved on your computer that help store preferences and other information that's used on the web pages you visit.
  4. Jan 22, 2025Key property themes that will impact the European real estate sector in 2025 and investment opportunities for core, value-add and opportunistic investors ... While e-commerce is projected to reach 25% of total retail sales on average across Europe by 2030, prime regional shopping centres have seen a reduction in vacancy rates, supported by ...
  5. Guernsey's office stock is concentrated in St Peter Port, the Glategny Esplanade, and Admiral Park, a mixed-use business park. Office stock in Guernsey totals around 1.7 million sq ft. Take up in both islands has predominantly come from on-island businesses transitioning from older and lower specification buildings into new, BREEAM rated ...
  6. The latest States of Guernsey property bulletin for the last quarter of 2023 shows there were 576 Local Market transactions throughout the course of last year - a 32.3% drop on the year before. Perhaps more encouragingly 150 of these sales were completed in the last three months of 2023 - 12 more than the previous quarter.
  7. Jan 10, 2025If you're considering a move to Guernsey then it's important to know that the island has two distinct property markets defined as Local and Open.. Properties on the Local Market - as the name suggests - can only be purchased by those who qualify as local residents, while those on the Open Market are for those who do not meet Local Market criteria.
  8. Property and rental values across Guernsey. A desire for more space has played out across Guernsey this year - something that's also driven the wider UK residential market since the beginning of the pandemic. So far during 2022, two-thirds of Savills buyers were upsizing to a larger property, including many that have relocated from the UK.
  9. Jan 15, 2024Amid eurozone inflation falling faster than anticipated, European financial markets are expecting an earlier rate cut from the European Central Bank, which sent bond yields into freefall at the end of 2023. 2023 has marked a year of price adjustment, and with economists' consensus that interest rates have peaked at 4.00%, the next question is ...
  10. May 10, 2024WHAT DOES 'OPEN MARKET' MEAN IN GUERNSEY? Anyone who holds a British or Irish passport or who has the right to live in the UK can buy or rent an Open Market property in Guernsey. Open Market properties make up roughly 7 per cent of all housing stock on the island, while house prices are generally higher than Local Market values.
  11. If a week is a long time in politics then the three months since our last property update might just feel like a lifetime. A lot has happened since the end of the summer - with two new prime ministers taking office in the UK, continued economic uncertainty and rising costs of living having a significant effect on housing markets across the English Channel.
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