Property for sale in Isle of Man
1/ Capital: Douglas
Is the capital of the Isle of Man and its largest town. It is the Island's hub for business, finance, shipping, transport, shopping and entertainment. It is also the home of the Isle of Man Government. Get more information on property for sale in Douglas.
2/ Country: Isle of Man
Is a self-governing Crown dependency, located in the Irish Sea at the geographical centre of the British Isles. The head of state is Queen Elizabeth II, who holds the title of Lord of Mann.
3/ Property for sale in Isle of Man
Potential real estate buyers will find a comprehensive range of properties available on the Island ranging from apartments right up to large country and coastal properties. New executive developments on the periphery of Douglas have met much of the increased demand for new property. Housing stock exists in many other parts of the Island, where prices can often be lower. Property values have increased in recent years and are comparable with many areas of England and Wales and lower than the south-east of England.
The Island's housing market remains ‘bullish' with no sign of the free fall in prices seen in the UK. Property prices are holding up ‘pretty steadily' - although vendors have to be realistic with their asking prices.
As the UK continues to become over-regulated, over-taxed and burdened by higher levels of crime it an increasing number of people wishing to move to Isle of Man which can be viewed as a tax-neutral platform with a quality of life that is becoming increasingly difficult to find in Great Britain.
Problems seen in the UK were about banks' liquidity and inability to offer mortgages.The volume of mortgage products is reduced in the Isle of Man because t6here are the same lenders as in the UK. But the Isle of Man can be regarded as a bit of a special case and it doesn't have the same problems as UK
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