Savvy Buyers Look To Edinburgh

Whilst economic and political uncertainty unsettles prime UK housing markets such as London and the south east, Edinburgh remains a highly attractive option for buyers thanks to strong underlying fundamentals and economic indicators.

The city’s continued recognition as a business and lifestyle hub is driving demand for quality housing. Current research from Rettie & Co, Edinburgh’s leading estate agency, reveals stock levels in the city rose strongly at the end of 2018 with average house prices rising 6.6% during the same period.

Activity in 2019 has pointed towards market consolidation but stock and enquiry levels reveal persisting demand.

Contrary to other parts of the UK, Edinburgh’s economic outlook and market sentiment is positive, underpinning continued housing demand in the city.

Rettie & Co notes that this positive attitude is founded on a number of key drivers, including optimistic business conditions, strong employment, rising population and limited housing supply.

The comparatively strong performance of the city’s housing market points towards the equally positive view of its future, which is consistently winning accolades for business culture and lifestyle.

Some of Edinburgh’s most in demand new homes can be found at The Playfair at Donaldson’s. The stunning building, renowned as one of the most iconic buildings in Edinburgh, has been transformed by heritage developer City & Country.

The Playfair boasts a fascinating history having been constructed between 1842 and 1851 after its benefactor, James Donaldson, bequeathed all of his property to build and found a hospital for children after his death.

The building is now home to a range of contemporary new homes, many of them featuring original period details.

The Playfair is just minutes from Haymarket Station and the city centre, with easy access via tram and rail to the rest of Scotland and onwards. The unbeatable location makes the homes particularly attractive to professionals working in the city and downsizers looking to take advantage of Edinburgh’s vibrant social scene.

Apartments are priced from £360,000 to £1,695,000. For more information visit www.cityandcountry.co.uk or call 0131 341 5102.