Waiting List for Exclusive Scottish Estates
Wealthy property investors are literally queuing up to buy Scotland's most exclusive rural estates.
Local real estate agents have reported that a current slowdown in the economy has spurred multimillionaires to place their capital into safer investment markets, and as such are purchasing fine country estates in Scotland.
Scottish property consultants CKD Galbraith has said that they have a waiting list of 100 big spenders all vying to snap up the most exclusive properties, and a chance to become lairds of the glen. These national and international buyers have a reported combined buying power of £300 million.
"The evidence across the estates market in Scotland is compelling and it is quite clear that extremely wealthy people who could invest their money anywhere in the world consider rural Scotland to be an excellent prospect," commented company representative Mr Jackson.
Reports show land in Scotland currently sells at an average £2,500 an acre, 20% less than rates in England, and a massive 360% less than land on the outskirts of Dublin. Other property research shows the price per square foot in Kensington equates to the price of one acre of land in Scotland.
John Coleman, Knight Frank's head of residential sales in Scotland, has reported house prices in Scotland would rise between 9% and 10% over the next 3 quarters, compared to an average 6% in the UK. "Should there be a further interest rate rise, we may yet see this anticipated growth cooling, although we would still expect the prime end of the market to remain buoyant."
For more information on overseas property investment, and to find out about Obelisk’s latest projects, contact Obelisk free on:
0808 160 0670 (UK) or 1800 932 514 (IRE)
Email info@obeliskinternational.com
Visit our website: http://www.obeliskinternational.com/
Press Office: Tel: 0808 160 1005 or email: press@obeliskinternational.com
Local real estate agents have reported that a current slowdown in the economy has spurred multimillionaires to place their capital into safer investment markets, and as such are purchasing fine country estates in Scotland.
Scottish property consultants CKD Galbraith has said that they have a waiting list of 100 big spenders all vying to snap up the most exclusive properties, and a chance to become lairds of the glen. These national and international buyers have a reported combined buying power of £300 million.
"The evidence across the estates market in Scotland is compelling and it is quite clear that extremely wealthy people who could invest their money anywhere in the world consider rural Scotland to be an excellent prospect," commented company representative Mr Jackson.
Reports show land in Scotland currently sells at an average £2,500 an acre, 20% less than rates in England, and a massive 360% less than land on the outskirts of Dublin. Other property research shows the price per square foot in Kensington equates to the price of one acre of land in Scotland.
John Coleman, Knight Frank's head of residential sales in Scotland, has reported house prices in Scotland would rise between 9% and 10% over the next 3 quarters, compared to an average 6% in the UK. "Should there be a further interest rate rise, we may yet see this anticipated growth cooling, although we would still expect the prime end of the market to remain buoyant."
For more information on overseas property investment, and to find out about Obelisk’s latest projects, contact Obelisk free on:
0808 160 0670 (UK) or 1800 932 514 (IRE)
Email info@obeliskinternational.com
Visit our website: http://www.obeliskinternational.com/
Press Office: Tel: 0808 160 1005 or email: press@obeliskinternational.com
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