With staycations being a big feature of 2020, sales of holiday and camping parks have also been very strong.
International real estate advisor Savills completed the sale of two north Wales holiday parks in November, as investor appetite for caravan and lodge parks remained firm.
Savills completed the sale of Berth Ddu Caravan Park in Conwy, on the edge of Snowdonia National Park which had a guide price of £325,000 and Oakwood Valley Lodges which had a guide price of ‘offers in excess of £2million’. Savills was acting on behalf of separate private owners.
Berth Ddu Caravan Park sits in approximately 4.6 acres and provides accommodation for 16 static holiday caravans and one park home and comes with planning permission for a further five static caravans.
Oakwood Valley Lodges is a luxury lodge park set in approximately 74.35 acres of parkland with long reaching views extending along the Banwy Valley, developed for 49 twin lodges and 15 single lodges.
Richard Prestwich, director in the leisure and trade team at Savills Chester office, explained: ‘I could not think of a better time or place to invest than rural north Wales, with its many attractions and picturesque scenery.’