Wanting to buy a house or expand your property portfolio but want to keep costs to a minimum? 

From beachside apartments to village flats, there are a variety of properties on the market in the Isle of Man.  

We’ve rounded up five of the cheapest properties for sale, all costing less than £150,000. 

Mooragh Promenade, Ramsey - £90,000 

cheapest iom
The property is on Mooragh Promenade. (Deanwood Estate Agents)

This first floor apartment for sale sits off the Mooragh Promenade and is close to the beach, the park, and a swimming pool. 

The accommodation is made up of an open plan sitting room, dining room and fitted galley kitchen, a bedroom, a utility area and a shower room. 

The property is described as “perfect” for first-time buyers, as a bolthole, rental property or a holiday let.

Peel Road, Douglas - £117,500

cheapest iom
The property is in the town centre. (Deanwood Estate Agents)

This first floor flat is in a convenient location within walking distance of Douglas town centre and local amenities. 

The property is made up of a living room with a feature bay window, a kitchen, a double bedroom with fitted wardrobes, and a bathroom. 

The property is described as being “charming” and a “splendid opportunity” to embrace life in Douglas. 

Waverley House, Port St Mary - £119,950

cheapest iom
The flat is on the first floor. (Garforth Gray)

This first floor flat sits in a central village location which is a short walk to Chapel Bay’s coastal walks. 

The accommodation comprises a living and dining room, a modern kitchen, a bedroom with fitted wardrobes, and a shower room. 

As well as this, there is access to a communal yard and a communal storage outbuilding. 

Castle Street, Douglas - £129,950

cheapest iom
The property is described as "ideal" for a first time buyer. (Chrystals)

This first floor apartment for sale is in the heart of Douglas and is described as being “ideal” for a first-time buyer. 

The accommodation includes a living room, a kitchen, a double bedroom and a family bathroom.

The property has been newly carpeted and decorated throughout, and is close to town centre shops. 

Mooragh Promenade, Ramsey - £149,950

cheapest iom
The property is close to the beach. (Plum Properties )

This first floor flat is described as being “ideally” located for the beach and is being sold with a tenant in situ. 

The flat is made up of an open plan reception space with sea views, a modern kitchen, two bedrooms and a bathroom. 

Outside, there is unrestricted roadside parking, and the rent is currently set at £800pcm.