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Study Reveals Top 10 Towns In Wales Where Properties Are Most In-Demand

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Most people have a dream destination they’d love to live in, and with remote and hybrid working becoming more of a reality for many workers, looking to move to a completely new city has become a viable option. Whether it’s dreaming of living in a city far away, or moving to be closer to family, everyone’s dream destination is just a search away. 

To reveal which destinations are the most in demand right now, GetAgent looked at the searches for capital cities around the world, as well as the number of properties available in each city, in order to highlight the destinations where people are searching for properties the most, but which also have a limited number available for sale.

Wales' Top 10 Most In Demand Locations For Properties

Rank Location Region No. of properties available Average annual searches for properties Lusted-after score
1 Llanelli Carmarthenshire 54 177,600 79%
2 Carmarthen Carmarthenshire 48 97,200 75%
3 Abergavenny Monmouthshire 72 79,200 67%
4 Aberystwyth Cardiganshire 43 52,800 67%
5 Pontyclun Rhondda Cynon Taf 12 22,800 66%
6 Brecon Powys 52 52,800 65%
7 Merthyr Tydfil Merthyr Tydfil County 118 118,800 65%
8 Port Talbot Neath Port Talbot 129 118,800 63%
9 Haverfordwest Pembrokeshire 48 43,200 63%
10 Flint Flintshire 22 22,800 61%

Locations in Wales also made it into the top ten, with Wales’ Llanelli ranking in eighth place with a score of 79%, referred to as the crossroads of Wales – it's home to the stunning Millennium Coastal Path and offers tourists and locals alike a dreamy visit.

The Top 10 Most Lusted After Capital Cities Around The Globe

Rank Country Capital city No. of properties Avg. annual searches Lusted-after score
1 Bermuda Hamilton 32 486,000 94%
2 South Korea Seoul 19 19,200 82%
3 Monaco Monaco 72 52,800 81%
4 Kenya Nairobi 99 52,800 79%
5 Barbados Bridgetown 9 15,600 78%
6 Japan Tokyo 99 34,800 77%
7 Isle of Man Douglas 70 22,800 76%
8 Rwanda Kigali 35 19,200 76%
9 Liberia Monrovia 7 10,560 75%
10 San Marino San Marino 17 10,560 74%
10 Sweden Stockholm 39 15,600 74%

Hamilton in Bermuda tops the list as the world’s most lusted after location with an impressive score of 94%, thanks to its high number of average annual searches (486,000) and low number of properties available (just 32). The British island territory is found in the North Atlantic, and Hamilton is a treasure trove for art lovers and foodies.

Coming in second place overall is Seoul, in South Korea, with a lusted-after score of 82%. The city is home to a wealth of culture, impressive food options, fantastic transport services and is a shoppers’ paradise. Monaco followed closely behind as the third most desired capital city in the world, with a score of 81%. With over 50,000 searches on average a year for properties in the city, it’s clear that lots of people are interested in moving to the city, which is notorious for being a haven for the rich and famous.

Colby Short, Co-Founder and CEO of GetAgent comments:

“Houses are in high demand at the moment, often getting snapped up as soon as they hit the market, and sometimes even before that. We know some locations are more in demand than others, and the right property in some towns and cities around the world can be harder to come across. It’s not surprising to see Monaco up there as one of the most lusted after locations globally, as properties are always in high demand and it’s a very exclusive place to live.

When it comes to the UK, it’s interesting that the more traditionally popular cities are not the most lusted after, with the top destinations ranking in our study consisting of towns that offer people a slower, more relaxed pace of life. Over the last couple of years, more and more UK workers are working in hybrid or fully remote roles, allowing them to relocate out of the big cities and  into high demand rural locations.

Those looking for their dream property may feel disheartened if they can’t seem to find the right place in their perfect location. But it’s worth remembering that it only takes one person to sell their home at the right time for you to land the house of your dreams. To keep on top of new properties hitting the market, house hunters can monitor property portals such as Zoopla or Rightmove. To increase your chances even further, try building relationships with estate agents in your desired area. They can tell you of any ideal properties that have not yet hit the market.”

For more information on the most lusted after locations around the UK and the world, please visit: https://www.getagent.co.uk/blog/research/worlds-most-lusted-after-locations

Business News Wales