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Overseas buyers snap up luxury Scottish properties
By Juwai, 07 September 2012
One out of every four of Scotland's luxury property valued at over £1 million per home has been bought up by foreign investors.
The most frequent buyers of these luxury homes are from Hong Kong, China, Russia, Australia and Canada. Within the first 6 months the homes were put on the market, 25% of properties that sold for over £1 million were purchased by international buyers - a 9% increase from the year before.
Of that 25% it was estimated that 17% of them were overseas investors, 2% were from buyers in London and 6% were from buyers from other parts of the UK.
Read more from this story on Herald Scotland.
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