The peninsula of half a square mile of golden sand is home to 15 properties worth a staggering £80million.
The place has been described as the fourth most expensive area in the world to live.
The place has been described as the fourth most expensive area in the world to live.
And as the property market is
picking up again — with the Office of National Statistics showing that house
prices in some parts of England are now higher than their peak at the height of
the economic boom — it’s suddenly become an extraordinary hive of activity.
Research suggests that £80 million
worth of property is either for sale or has changed hands in recent months on
the tiny millionaire’s playground of Sandbanks — a peninsula of just half a
square mile of golden sand which lies between Poole Harbourn in Dorset and the
English Channel.
Remarkably, that figure refers to
only 15 homes. The resort’s exclusivity is borne out by the fact that many
houses are sold, only to be demolished immediately to make way for new
buildings that make the most of every last square inch of their plot.
Thus, modest Sixties bungalows have
been redeveloped into striking glass-and-concrete mansions.
There are only 70 or so homes around
the edge of the peninsula, making a location with sea frontage the most
sought-after — and the 40 or so houses that have direct water access to Poole
Harbour go for a serious premium.
