Investors have been snapping up properties in Pembrokeshire, Wales, on the back of the Dragon LNG developments. Those in the buy-to-let sector have targeted areas such as Pembroke, Pembroke Dock and Milford Haven. As a result, reports in the Western Telegraph newspaper suggest that rental values have risen by 30% over the last year, with the top-end of the market particularly strong due to banks and the health service relocating employees.
Despite reports that some contractors want to house workers as cheaply as possible, there is no doubt that the two LNG terminals at Milford Haven and Waterston, along with the prospect of two new power stations in the county are driving the investment market.
Andrew Parr, of Haverfordwest-based estate agent, Evans Roach and Co said: "Buyers with money to invest are taking advantage and are investing in properties across the board. The quality of properties being bought for investment has increased significantly,"