Category: Local Areas

The Impact of Tourism on Scotland’s Property Market

Scotland’s enchanting landscapes, historic landmarks, and vibrant cultural heritage attract millions of tourists annually, significantly influencing the local economy. One area where tourism’s impact is particularly pronounced is the property market. From bustling cities to tranquil countryside retreats, the influx of tourists shapes property demand, prices, and investment opportunities. In this blog, we will explore …

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Mixed Signals

Rents in Scotland’s private rented sector (PRS) continued to edge upwards in the first quarter of the year despite the political landscape which has impacted markets in other sectors. The average property to rent in Scotland rose 1.7% to stand at £793 per month. 1 and 2 bed properties charted a familiar course both recording …

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Shortage of East Central Scotland Properties Drives Up Prices

In contrast to the UK trend of decreasing house prices, east central Scotland saw the average house price in the last quarter of 2017 increase by 7.3% to £234,757, compared to the same period in 2016, according to the ESPC’s most recent house price report. From October to December 2017, Edinburgh’s average selling price increased …

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