Property for sale in Scotland
The Scottish property for sale market has been helped by a United Kingdom economy that is performing a little better than expected and by very low interest rates.
In Edinburgh, the housing market is very strong. In Glasgow property for sale market has undoubtedly improved, as the effects of Edinburgh have rippled outward.
Properties for sale in Scotland are very strange and bizarre: some real estate agents succeeded to sell an island, Little Ross, with a cottage for a very low price and Chesterhill Castle paid a price three times greater.
The Glasgow market is very dynamic, and an inventory shortage is driving up prices, with multiple offers common in the most popular areas of Glasgow, including the West End and rich suburbs like Giffnock, Bearsden and Newton Mearns.
At the end of 2017 the average sales price was about 125,000 pounds a 4.8 % increase over that of 2016.
Most buyers from outside who want to buy properties for sale in Scotland are native Scots and they want to return home after working in the USA, Europe or the Middle East. Other foreign purchasers include Americans and Europeans.
European buyers, particularly those from Scandinavia are attracted by sporting property for sale in Scotland because this country offers thousands of acres for shooting, hunting and fishing.
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