Donald Trump is furious about a proposed off-shore wind-farm near his £750 million golf resort development in Menie on the Scottish Aberdeenshire coast — so much so that he has written a letter to Alex Salmond. In the letter, Trump calls the proposed 11-turbine wind-farm “disastrous and environmentally irresponsible”, one wonders if he would think it was so disastrous or environmentally irresponsible if he wasn’t about to see completion of a golf resort a mile down the beach from it.
Archive for the ‘Scottish Property’ Category
Trump to Fight Scottish Wind-Farm on Every Possible Front
by Overseas Property Mall on Wednesday, November 2nd, 2011 in Golf Properties, Scottish Property
Sales For Luxury Homes On The Rise In Scotland
by OP-Mall on Tuesday, August 4th, 2009 in Luxury Property, Scottish Property, UK Property
Luxury home sales in Scotland are on the rise as cash rich buyers re-enter the market. Many investors are also moving away from the over-inflated real estate prices in London and seek bargains elsewhere, re. in Scotland.
Real estate agents see this renewed surge of sales as a positive sign for the market. Jamie Macnab, director of country houses with Savills was overheard saying: “We’ve had a lot of interest in Scottish country houses lately from Europeans, especially as they realize they can get better value for their money because of the exchange rate.”
Jack Nicklaus Scottish Golf Resort Development Hit by Global Recession
by OP-Mall on Friday, March 6th, 2009 in Scottish Property
A £40 million luxury golf course designed by Jack Nicklaus seems to be the latest victim of the global recession. The project was thrown into doubt last week as its developers, FM Developments put ten of its subsidiaries into administration. One of the ten was the Jack Nicklaus project – Ury Estate development.
Aberdeen Experiences Building Frenzy After Trump Announced Golf Course
by OP-Mall on Wednesday, January 14th, 2009 in Golf Properties, Scottish Property, UK Property
Since Donald Trump announced his controversial golf course plans in Scotland late last year more than 700 proposed developments have been submitted to Aberdeenshire. It seems that Scottish developers are more than keen to ride the Trump wave when the construction of his golf course commences two years from now.
Edinburgh’s Luxury Market Still Strong
by OP-Mall on Friday, January 9th, 2009 in Scottish Property
Scotland’s million-pound home market continues to thrive in Edinburgh despite the worldwide economic slowdown. Recent housing market reports show that some 87 houses were sold in Edinburgh for £1m or more in the year 2008 up until October 2008. This is slightly less than back in 2007 when a total of 112 houses were sold but considering the current worldwide economy these figures are still sound.
Donald Trump To Build A Scottish Golf Resort
by OP-Mall on Tuesday, November 4th, 2008 in Golf Properties, Scottish Property
After being rejected to build his proposed £1 billion golf and housing resort in north east Scotland by the Aberdeenshire council’s infrastructure committee last year, Donald Trump has finally gotten approval for his project thanks to government intervention.
The 1,400-acre resort on the Menie Estate at Balmedie in Aberdeenshire, has enraged environmentalists because it is feared to damage precious sand dunes and bird life. Proposed are two 18-hole golf courses, a 450 room hotel with a conference center, a spa and 500 homes.
When the development was announced initially last year it sparked a lot of controversy because of the environmental issues. However, despite the opposition from the “greens” Trump has the full support of local businesses and politicians who deem the resort vital to the economy.
Mixed Signals in the Scottish Housing Market
by OP-Mall on Tuesday, August 19th, 2008 in Scottish Property
Kelvingrove park area of Glasgow [credits: Sherrivokey]
The new Lloyds TSB Scotland report showed that property prices have risen in the last quarter ending July 2008. In total they went up by 1.6 per cent, which brought the average house price to £172,185.
However, despite this increase in property worth, the actual number of house purchases has dropped 27 per cent since last year.
Chief economist at Lloyds TSB Scotland, Professor Donald MacRae said: “The price boom of the last five years may well have passed into history but so far the effect of its demise is to slow the number of transactions rather than cause a drop in prices.
The Scottish housing market is demonstrating its traditional resilience in the face of an economic downturn.”
UK: Scottish Islands, Delightful but Still Remote
by Overseas Property Mall on Sunday, July 15th, 2007 in Buying Property, Scottish Property, UK Property
Visitors to the Hebridean Islands of Coll and Colonsay in the last couple of years will have noticed the impressive work being carried out in improving their airfields. They might have speculated that this work heralded greatly improved accessibility for holidaymakers, including folk interested in the second home potential of either of these islands, with the possibility of services from Glasgow along the lines of those already available to Tiree and Benbecula courtesy of Loganair. In fact, the investment in improved airfields by Argyll and Bute Council (with grants from the European Union) was made to facilitate an air service from Oban to each island with the particular aim in view of enabling secondary school children to do their weekly commute to school on the mainland more easily. Furthermore, the council has yet to find a carrier to contract to fly the services it was envisaging; all in all the investment has turned out to be fairly controversial.
This story of frustration illustrates some of the main determining factors for the future development of the Scottish: their innate attractiveness, their economic and social fragility and the overriding importance of improved transport links.
