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.”