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Edinburgh Included In The Top Three European Cities For Property Investment
Many of you will have seen that London is seen as one of the places in Europe to invest in property. But it would appear the tide is slowly starting to turn. Analysis from property consultancy CBRE has shown that Edinburgh property investment conditions are on the rise, more than likely driven by London’s overheating property market.
In a recent article published by the Scotsman, it’s been suggested that investors are beginning to look elsewhere with Scotland’s capital, Edinburgh, coming third in the top 10 European cities in which to invest.
The article, written by David O’Leary, said: “Lack of supply in large prime-property markets, such as London, and rapid re-pricing in recovering markets, such as Spain, mean investors are looking to mid-size European cities for value.”
According to O’Leary’s piece, investors are being seduced by Edinburgh’s “growing employment, a stable economy and established office markets.”
However, it’s not just Edinburgh where demand is growing. Glasgow, thanks to the Commonwealth Games legacy, Aberdeen, due to it’s oil industry, and Dundee, as a result of waterfront redevelopment plans are all being more attractive prospects for investors.
It really is a good time for the Scottish property market.
At a time when London has become the most expensive city in the world, Edinburgh, as well as other Scottish cities, has seen a steady growth.
As specialists in investment portfolios and property sourcing, Cairn is well placed as this boom continues to take a hold of the country. Combine this with our detailed knowledge of Edinburgh, Glasgow, Aberdeen, and Dundee, we’re in a great position to advise and assist any investors looking to make their first investment in Scottish property, or even add to their already existing property portfolio.
Knowing where to look for the right property means understanding both what clients want and where the opportunities are. Listening to your investment goals is where we start. We keep abreast of the market and keep talking to our sector wide contacts – giving you relevant advice and a range of options will help you find the best match and our expertise will help you find it at the right price.
If you’d like to learn more about our investment service or any of Cairn’s other services please visit our website, email us, or call us on: 0141 270 7863. You can also get in touch with us through Facebook, Twitter, and LinkedIn where our staff will be happy to answer any questions you may have.