What is the cost of a floating home and could it be seen as a good long term investment?
The price of a floating home will vary according to its size, location and specification, in exactly the same way that land based houses do. Although a model like the one we have brought into the marina in Liverpool would cost in excess of £300,000, the range is likely to be from around £100,000 for a single bedroom unit up to £500,000 for a penthouse style version in a premium location. As to whether floating homes will be a good long term investment, one only has to look at the apartment market, where prices rose meteorically fuelled by demand from buy-to-let investors, but crashed as a result of oversupply aided by the banking crisis.