Thinking of investing in Scotland? This might just be the perfect moment to do so. According to telegraph.co.uk, "As the outlook for the London housing market weakens, demand for homes in Scotland is taking off."
It seems that the real estate in Scotland has gotten better compared to past year. According to statistics released by the Registers of Scotland, "Average property prices in Scotland have also increased by 3.5 percent to £167,765." The average price of a home in Scotland got the highest record ever since the Registers of Scotland started the survey. According to a report by propertywire.com, "The highest rise recorded was 10.1 percent in West Dunbartonshire, taking the average price to £120,822. Other statistics have shown that Edinburgh recorded a rise of 4.4 percent with the highest average of £237,286.
The deals of property in Scotland have increased by 1.6 percent and the highest volume of transactions was also experienced for this quarter alone. The sales vary on the type of property being sold in the market but according to a report by propertywire.com, "The flats showed the biggest increase in average house price in this quarter, up 4.7 percent to £133,790."
The other types of properties such as the semi-detached properties got an increase of 1.8 percent on the past year. While other properties are increasing, it's a bad deal for the detached and terraced properties because their average house prices were reduced to 0.2 percent and 0.3 percent correspondingly.
Investing in Scotland is among the best choice in terms of real estate investments. According to Property consultancy, CKD Galbraith, "There is an encouraging picture for the Scottish property market as a whole which has witnessed steady growth over the first half of 2015."
Scotland's real estate and properties is rising and the pattern leads to the increasing investments of buyers. The recent growth will also set the momentum to better opportunities and according to a report by propertywire.com, "The properties coming onto the market are all highlighting a real boost in market confidence both from sellers and buyers alike."
