Guernsey County, OH Homes for Sale & Real Estate (2024)

FAQs

Is it easy to buy a house in Guernsey? ›

Buying property in Guernsey is part of a complex legal process and you will need an advocate to act on your behalf. They carry out work similar to a solicitor in the UK and your agent can usually recommend someone if you don't have a preferred choice.

View the latest Open Market properties available on Guernsey. Open Market properties are available for purchase and occupation by anyone with the right of abode in the UK or an EU member state.

Although anyone can buy any type of property in Guernsey, it's important to be aware of the distinction between Open and Local Market properties when house hunting, as it determines whether you have the right to actually live in the house or apartment you intend to purchase.

Guernsey's Local Market

In general, newcomers to the island will take up residence in Guernsey's Open Market, but if employment is the primary reason for coming to live in Guernsey, then an Employment Permit may be awarded, entitling that person to live in Local Market property.

Looking at the Local Market, the median average: house price stood at £634,695 for the year. This represents a decrease of 4.94% on the 2022 median average, but does follow two successive years of unusually high double-digit growth; and.

The cost of living in Guernsey is considerably higher than in the UK, according to a report for the States. It shows that most residents need a 20-30% higher budget to achieve a minimum standard of living.

Housing crisis

"The demand for housing is just massively outstripping supply. "There's an issue around land availability because Guernsey is an island. "Plus you've got the issues with the costs of construction, which are even higher than the UK.

Anyone who holds a British or Irish passport or who has the right to remain in the UK is able to become resident in Guernsey simply by purchasing or renting an Open Market (Part A – single family) home. Residents of these properties are able to work in the island as much or as little as they wish.

Guernsey's most expensive residential property has been sold for more than £24m., smashing the previous record for a local home. St George, situated at Rue des Deslisles in Castel, had an asking price of £25m. and had been for sale since May 2022.

In order to apply for Guernsey residency, the applicant must have £1m available and under their control. Make an investment of at least £750,000 for the benefit of the Bailiwick of Guernsey.

Can I retire to Guernsey? ›

Yes, there are certain restrictions on retiring to Guernsey. For example, there is a cap on the number of people who can retire to Guernsey each year, and there are restrictions on property ownership for non-Guernsey residents.

If you are solely or principally resident in Guernsey you will pay tax on your total income wherever it is from. You may be able to claim for tax paid in another territory and further information can be found here on the Double Taxation Arrangements the Revenue Service have.

The historic town centre of St Peter Port combines quaint cobbled streets with bustling commerce interspersed with a diversity of restaurants. Boating enthusiasts enjoy excellent facilities around the harbour and its two marinas.

Guernsey residents live life to the full, they work hard but make time to relax and have fun. Whether you are interested in sport, music, dancing, bird watching or cycling, there is something for everyone in Guernsey and our friendly and welcoming community is something which new arrivals appreciate.

Guernsey is serviced by a modern fleet of buses with 24 routes that can take you all around the island.

Anyone who holds a British or Irish passport or who has the right to remain in the UK is able to become resident in Guernsey simply by purchasing or renting an Open Market (Part A – single family) home. Residents of these properties are able to work in the island as much or as little as they wish.

Jersey and Guernsey calculate average house prices in slightly different ways. Using Guernsey methodology, the average price of properties sold in Jersey in quarter two was £750,000. This is £151,000 higher than the average in Guernsey (£599,000).

Guernsey is nice, particularly St Peter Port but Jersey has more to offer. It has more of a holiday atmosphere, the shopping is better and bigger and the scenery more stunning as it is not as built up.