Media Release: Foreign investors bring first ‘green shoots of recovery’ to Scottish property market

THE property market in Edinburgh and the Lothians is starting to show the first ‘green shoots of recovery’, as foreign investors are looking at snapping up homes across the city – according to the ELPG group of leading property solicitors.

Says ELPG, as house prices are close to bottoming out and interest rates are currently at their lowest level in history, foreign buyers are choosing to take advantage of favourable exchange rates to secure bargain properties in Edinburgh.

The group, which is made up of Warners, Neilsons, Drummond Miller, Leslie Deans & Co and the Lints Partnership, says that the strong Euro is encouraging European property investors to consider Scotland as the ideal place to make their next purchase – which could revitalise the country’s property market.

MEDIA RELEASE issued by the Holyrood Partnership. You too can post your story ideas for journalists (aka Press or media releases), on allmediascotland.com. Email info@allmediascotland.com for more information.

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Contact: Holyrood Partnership
Phone: 0131 561 2244
Email: info@holyroodpr.co.uk
Website: http://www.holyroodpr.co.uk/index.php/clients/detail/elpg

By Holyroodpr · February 19, 2009 at 23:00 · Comments Off

Holyrood Partnership · ·