Feature | Estates
The
perfect
match
Don’t be put off selling just because
times are tough. At the top end of the
market there are cash buyers ready to
pay a premium for their dream estatenull
he recent sale by Savills of three They will often make an emotional connection
T
beautiful estates in Scotland has and be willing to make a bid, regardless of
contributed to a feeling of market conditions. The concept is nothing
resilience in the Scottish market. new – if you have what someone desires then
The Dunira Estate at Comrie, the you can almost name your price, or at least
Balfour Castle Estate in Orkney strike a mutually satisfying deal.
and another 5,000-acre estate in Perthshire all
completed in February. The market might be Scotland appeals to many buyers
more calloused than it was a year ago, but it still The vast majority of prospective estate buyers
holds appeal for those at the upper end. registered with Savills want to buy in Scotland,
“We can be optimistic about estates because with nearly 60 per cent of them putting it as
there are still genuine buyers out there,” says their top choice of location within the UK.
Anna Thomas, Head of the Rural Department in Privacy and seclusion are high on the list of
Edinburgh. “They are cash buyers with money to reasons why, with many aspiring to the peace
spend but they will wait to find what they think and quiet that comes with living north of the
is perfect.” border, where there are fewer roads and greater
Price and market values tend to matter less to expanses of open space.
a buyer when a property ticks all the right boxes Traditional sports – such as grouse shooting,
and proves to be just what they are looking for. salmon fishing and red deer stalking – are still a
huge draw, helped by the fact that they are
unavailable in many other parts of the UK.
“Price and market values
There has been a lack of supply of sporting
estates available to buy over the last few years,
tend to matter less to a
so those being newly launched on to the market
are understandably attracting interest.
buyer when a property
Clients making use of our purchasing service
are finding that estates in Scotland represent
good value. Last year, England’s most expensive
ticks all the right boxes.”
estate sold for £23 million. In contrast, the
highest price paid north of the border was less
Anna Thomas, Head of the Rural Department in Edinburgh than £10 million. Savills secured this deal in the
4 savills scotland residential review
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