Edinburgh and Glasgow may be just 47 miles apart, but each has its own distinct character and rich, tumultuous history. And it is thanks to the demand for real estate in both these cities that Scotland is now the UK’s top prime market performer.
Edinburgh, founded in the seventh century, boasts the world’s biggest arts festival, a castle, a palace, medieval streets and handsome Georgian squares. Glasgow, which can trace its beginnings back even further, to the sixth century, has a wealth of Victorian domestic and mercantile architecture.
Despite the economic and geopolitical conditions that have hit values elsewhere, prices are stable in these ever-evolving cities. This reflects the growing realisation for many that a property in either location can be a base from which to travel easily to London or overseas, or a permanent home, given the buoyant employment opportunities.
Edinburgh’s key businesses are banking, fund management and law, but fintech is also a fast-emerging sector. Glasgow is also the long-term base for many leading finance and insurance companies, but many tech and creative businesses are headquartered there, too.