TAGS: #united kingdom
United Kingdom has been well- known for its active property investment industry. One of the centers of business marketing, UK countries are very popular when it comes to property investment.
The most active place in property investment in United Kingdom is Edinburgh. It is best known as the capital of Scotland. You can find here cultural and historical features and is considered as one of the most picturesque and attractive cities in the whole European continent because of its rugged place and wide collection of Georgian and Medieval architecture. Edinburgh has also become a popular tourist destination because of its museums, art galleries, beautiful mountains, beaches, and its rich historical heritage.
There are factors why Edinburgh has become attractive to property investors. The first factor is its climate that is very ideal for people who hate extreme conditions. Edinburgh is famous for its mild winters and warm summers. The place often experiences windy days. Rainfalls come every other day because its geographic location is adjacent to North Sea. It is best for UK property investment because many investors find it as an ideal place to live.
Another factor that has made Edinburgh’s real estate investment bloom is transportation. You can find easy transportation here in Edinburgh for it has a sophisticated and convenient public transport system. There are the basic transportation means such as buses and trains. Through this basic means, you can commute easily to and from other cities like Glasgow and London. This factor helps UK property investment to have more real state investors.
The population of Edinburgh is about 472,000 as estimated in 2007 and most of its citizens are living in apartments. This is why rentals and flats usually overlook UK property investment. The majority of property investors find and buy discount property units at low market value so they could lease such investments to other investors.
You can also find the most popular sites for rentals in Edinburgh such as Haymarket, Merchiston, Newington, Bruntstifield,The Grange, and St. Leonards. But if you want affordable housing developments, you can go to the city’s port, Leith.