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ESPC NEWS

There were
buyers coming from
77 countries
around the world

How many buyers come from around the world?

There has been much publicity internationally from 77 countries. Of these, Hong Kong
for living in Scotland, especially in Edinburgh, provided the highest number of buyers,
often lauded as one of the best places to making 350 property purchases in Scotland
Fife live in Europe. ESPC has also explored which since January 2019.
countries appear to be the most interested in
Homeowners in East Fife were more likely to and cities of West buying property in Scotland.
buy another home in the same region, with Fife & Kinross, and American buyers were second-most
46% of buyers being residents. the data shows this, prevalent, making 283 property purchases,
with more than double The data reveals that there were property followed by the United Arab Emirates
9% of East Fife properties were bought by the amount of Edinburgh relocators (11%) than seekers from over 200 countries regularly (116 sales), France (82 sales) and Germany
(67 sales).
searching on espc.com, with buyers coming
buyers from the rest of the UK; this could be a East Fife. 5% of buyers moved across from
mix of investors, as well as those looking for a East Fife, suggesting that East Fife was the
holiday home. more sought-after of the two regions, despite
West Fife & Kinross being cheaper overall and
7% of buyers purchasing a home in East Fife offering a broader choice of properties. With these figures spread over the last five years, it’s clear to see that while
were moving across from West Fife, while 5% there is widespread global interest in buying a home in Scotland, the highest
of buyers were moving from Edinburgh. West Fife & Kinross received lower interest likelihood by far is that properties will be purchased by a local buyer, or by
from UK buyers compared to East Fife:
West Fife & Kinross enjoyed a similarly high 5.5% of buyers purchasing a home in West a buyer from a neighbouring region – and this is where the local expertise
rate of homeowners choosing to remain in the Fife & Kinross were from the rest of the UK, of ESPC’s solicitor estate agents becomes truly invaluable. As local buyers
area to its neighbour; 48% of buyers already compared to East Fife’s 9%. will already have knowledge about the area they’re planning to buy in, the
lived in the region. in-depth insights and guidance that local solicitor estate agents can offer on
Similarly to the Borders and the Lothians, specific markets can help to ensure the best possible outcomes for buyers
Much was said in the aftermath of the pandemic international interest in Fife was low, with 1% and sellers alike.
about Edinburgh residents relocating to the of buyers in East Fife coming from around the
more affordable, commuter-friendly towns world, and just 0.4% for West Fife & Kinross.

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