The Highlands region, with its towering mountains and spectacular coastline, is experiencing an 'explosion of interest' so that more and moreMost buyers are leaving the cities.
A historic house of five bedrooms on a Scottish loch
$ 2.77 MILLION ( 2 MILLION POUNDS)
This five bedroom house , in Arts and Crafts style with Swiss influences, sits on the shores of Loch Leven near the village of Ballachulish in the West Highlands of 'Scotland.
The 5,183 square foot marmalade-toned stone house, called Dunbeg House, was completed circa 1903 by Bishop Alexander Chinnery -Haldane, Episcopal Bishop of Argyll and the Islandsles, for his eldest son. The four story main house, designed by Inverness Architects Ross & Macbeth, is listed with Historic Environment Scotland for its distinctive blend of art and design Swiss Alpine crafts and architectural styles, said David Twist, who owns the house with his wife, Helena.
"The bishop, being wealthy , traveled a lot in Europe w with his wife, and they were very fascinated by Swiss architecture, "Mr. Twist said. " And that was also the height of the Arts and Crafts movement, so the building has characteristics of a Swiss chalet and Arts and Crafts style. It is the only house of its kind in Scotland. "
The property comprises approximately 4.5 acres and includes a 1,162 square foot guesthouse with two bedrooms, plus a 1,140 square foot studio and garage. A 360-degree glass observation pod is perched on the shore, along with a private pebble beach and mooring rights on Bishop 's Bay in Loch Leven.
The owners have done renovations over the past 15 years, including the replacement of the first and second floors, but the house has retained many of its unique architectural features, such as brass plaques engraved on each door, said Helena Twist. were designed by Mackintosh or one of his students, Mr. Twist said.
The main entrance on the second floor opens onto a reception hall leading to a music room with a fireplace. The hallway also includes a dining and living room with a wood-burning stove in the fireplace, as well as doors opening onto a bay balcony which runs along both sides of the house. The balcony has a glass roof and iron columns with arches and ornamental balustrades.
Furniture is not included in the asking price, but is negotiable, said Angus Kelly, partner and head of the Fort William office in Bidwells, who holds the list.
Adjoining the living room, the kitchen has been fitted with kitchen appliances. Edwin Loxley kitchen and granite countertops, as well as two Miele ovens and two Fisher & Paykel dishwashers. French doors open to the balcony. An adjacent room also has kitchen units fitted with a built-in freezer and a Miele washer and dryer.
A staircase leads down to the first floor, which includes a desk, an office and a living room with fireplace. There is also a bedroom, as well as a wine cellar and a drying room. Image A 360-degree glass observation pod is perched on the shore, along with '' a private pebble beach and a mooring on Bishop 's Bay at Loch Leven. Credit ... Courtesy of Bidwells LLP
The third floor has four bedrooms, two with en-suite bathrooms. The master suite, which overlooks the bay, has a walk-in closet with wardrobes and a bathroom with a free-standing bathtub and heated limestone floors. The fourth floor is a paneled attic with skylights and two portholes.
A stream with a small bridge separates the main house from the guest house, which was completed in 2015 and has two bedrooms with en-suite bathrooms on the first floor. The second floor has an open kitchen and a living room which opens onto a balcony. The studio building, built in 2014 in the same style as Dunbeg House, has a double garage and a studio with kitchenette and bathroom.
Dunbeg House is in the Ben Nevis and Glen Coe National Scenic Area, and the whole area is known for its awe-inspiring mountains that descend down to the sea, Mr Twist said. There is world class sailing as well as skiing, rock climbing, hiking, fishing and shooting.
While the village of Ballachulish has basic amenities, Fort William, a West Highla The tourist hub of the nds, which has a population of about 10,000, is nine miles to the north. There are bus and train connections from Fort William and the resort town of Oban, located about 30 miles to the southwest. The nearest international airports are in Inverness and Glasgow, each around two hours' drive away, Mr Kelly said.
Thehousing in the Scottish Highlands, which encompasses the sparsely populated rural northern half of the country as well as its offshore islands to the west, was "reasonably stable" before the pandemic hit, and has since taken off, Mr Kelly said .
"What we have seen over the past 12 months is an explosion of interest " he said. "We are finding properties that have been marketed in the past at around 500,000 or 600,000 pounds ($ 690,000 or $ 830,000) before Covid, in some cases breaking the 1 million pound ($ 1.38 million) barrier. ). " Image A living room on the second floor with a fireplace and window seat has doors opening onto a bay balcony which runs along both sides of the house. Furniture is not included in the asking price of the house, mays are negotiable. Credit ... With the kind permission from Bidwells LLP
According to data from Registers d The Scottish housing market as a whole is booming, with the average price of a residential property in 2020-2021 at 194,100 pounds ($ 269,000), up £ 6. 7% compared to the previous year. House prices have risen 25% since their peak in 2007-2008 before the global housing crisis.
The Highland region, with its vast expanses of land land, its towering mountains and spectacular coastline, has been popular in recent years with affluent shoppers seeking privacy on the property.estates, as well as buyers of second homes, many of them from London, looking for a more rural li fe.
The pandemic, which closed the Scottish property market from March to late June 2020, stepped up those drivers when business picked up, agents said.
"Market foreclosure resulted in a huge pent-up demand, coupled with a reassessment of people's lifestyles and priorities, which only motivated the desire to move, ”said Suzanne Moss, a senior associate director in the office of Inverness by Strutt & Parker. Last year, she said, the company transferred ownership over "about a year of sales over a much shorter period ".
Sales have accelerated again this year, with the pandemic "completely transforming the way people want to live and where they want to be ",said Tom Stewart-Moore, the rural agency chief at Knight Frank Edinburgh. "We are seeing a lot of people leaving towns and villages.
Although Britain is currently a global hotspot for the coronavirus and new cases in Scotland have tripled since mid-August, death rate had not increased significantly as of September 12, according to the Hfrance.fr coronavirus world map .
"Threats of new strains of coronavirus have only increased attention to Scotland is a hotspot", Ms Moss said. "Here you can get excellent value for money, and because the landscape is less densely populated than elsewhere, it is particularly attractive. Image The kitchen has granite, as well as two Miele ovens and two Fisher & Paykel dishwashers. French doors open onto the balcony. Credit ... Courtesy of Bidwells LLP
Demand outstrips supply so dramatically across Scotland, said Mr Stewart-Moore, that by the end of 2021 house prices could rise by 10 % over one year. "We are seeing huge amounts of people watching pr operties - more than I have ever seen before - and they are all well above target prices," he said.
House prices in the Highland range of 250,000 to 400,000 pounds (345,000 to 553$ 000) for a cottage and 400,000 to 750,000 pounds ($ 554,000 to $ 1 million) for a family home, Ms Moss said.
"Properties with extended land or housing can often exceed 1 million pounds ($ 1.38 million)," she said.
Land estates in Scotland can exceed £ 10million ($ 13.8million), said Robert McCulloch, director of the Scotland Estates and Farms Agency for Strutt & Parker. Such domains have generally attracted wealthy international buyers, although what motivates these buyers may change.
"I have spoken to interested buyers from the States United who cited the attractiveness of Scotland's maritime climate and its security in light of the extreme weather conditions that many have experienced in recent months, ”said Mr McCullogh.
Who's buying in Scotland
International buyers have shrunk amid the pandemic, but they don't 'have not disappeared, some buying invisible properties, said Mr. Stewart-Moore. "Although we have made videos in the past, we really have never done virtual viewing ", he said. he said. "But it 's something that has become a mainstay, and people will expect this to continue.
Foreign homebuyers come from all over the world, said agents, including the United States, Belgium, Denmark, Germany, Australia, New Zealand, Countries -Bas, France, Switzerland, Austria, Spain and Italy. Image The main suite, which overlooksthe bay, has a dressing room with fitted wardrobes and a bathroom with free-standing bathtub and heated limestone floor. Credit ... Courtesy of Bidwells LLP
Homes priced typically over a million pounds sold to foreigners before the pandemic, but now buyers from other parts of Britain are competing for these properties, Mr Kelly said: 'We are seeing more people leaving the Edinburgh and Glasgow areas, and more inquiries from all over the world. 'England, not just London. "
Basics of buying
There are no restrictions on foreign homebuyers in Scotland, and buyers will need a Scottish lawyer, adsaid Ross Low, Partner and Head of Scotland Agency and Assessment for Bidwells.
"Scotland has legal jurisdiction very distinct and old, "he said. “For example, in Scotland we may declare higher bids at a price, which means we expect a higher bid to be submitted by a buyer.
Most lawyers charge 1-4% of the transaction price, depending on the sale, agents said. The seller pays the real estate agent 's commission of 1-3 percent.
The buyer is responsible for property tax and property tax. transactions, which has variable rates starting at 0 percent up to 145,000 pounds ($ 200,584) and gradually increasing to 12% beyond 750,000 pounds ($ 1 million). If Dunbeg House were to sell at its asking price, the tax would be 198 350 pounds ($ 275,000), Mr. Low said. A 4% surcharge is charged for buyers who already own a home.
Scottish bank mortgages are available to overseas buyers, Mr Low said. Image A stream and a small bridge separate the main house from the guest house, which has two bedrooms with en-suite bathrooms on the first floor. The second floor has an open kitchen and living room. Credit ... Courtesy of Bidwells LLP
Languages and currency
English, Gaelic, Scottish; pound sterling (1 pound = $ 1.38)
The annual t axes on Dunbeg House are 3,264 pounds ($ 4,500) and cottage taxes are 2,200 pounds (3 $ 000), said Mr Kelly.
Angus Kelly, Bidwells, 011-44-139-770-7645, bidwells. co.uk
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