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You could get a 10 bedroom house on the sea there for what a pokey 1 bed flat in London costs. No wonder its getting popular. There's definitely a hype train forming around it as it keeps getting mentioned by a very specific demographic.
Well_is_it-
Perfect if you want to surround yourself by people exactly like you in a small enclave of an otherwise very depressed area. I've enjoyed Margate every time I've been for a few hours to ponce around the gallery and eat fish and chips. But like everywhere with astonishingly-cheap property, there are reasons.
Timmy2wheels
The old town is - and parts of Ramsgate, too. DFLs, the locals call them: Down From London. The Old Town and Turner Gallery aside, Margate is still unspeakably grim and rife with deprivation and social decay, especially in Cliftonville. It is very cheap relative to London, which is why loads of 'creatives' have moved there, I guess: big house, no mortgage, maybe even some money in the bank.
Went to Broadstairs a few weekends ago. A very nice seaside town, but not sure I'd want to live there permanently...