Edinburgh

The volume of sales in Scotland’s cities showed a rise in the last five years of 35.3%.”

The City

The capital of Scotland, Edinburgh, is situated in the south east of the country. Edinburgh is the seat of the Scottish Parliament and the Scottish Executive and remains a major centre for finance, law, tourism and cultural affairs.

Located at the eastern end of the M8 motorway, the city enjoys seamless transport and communications links with all parts of Scotland either by car, via the motorway network or mainline trains, including regular services to London. In 2016-17.

Performance

In 2016-17, Edinburgh had the highest residential market value of all of Scotland’s cities, standing at £2.6 billion.

Scotland’s cities residential property market in 2016-17 was worth £5.5 billion. Edinburgh broke the £1 billion market value for the first time since 2007-08 and was the only city to see its market value increase in 2016-17.

Lifestyle

Edinburgh is an incredible city and is often regarded as one of the best places to live in Europe. Not only is the city beautifully green with its 112 parks and 600,000 trees planted around the streets - there are also plenty of things to do, regardless the time of year. The numerous museums, galleries and attractions are first-class and you can easily fill your days in the city without spending a penny, with free entry to many attractions. Not to forget the city’s scenic outdoor spaces and some of the world-class festivals that make Edinburgh a major tourist attraction, welcoming 1.2 million tourists annually.

Edinburgh is well known for its comedy festivals during the summer months, however it is a great place to be all year round and can cater to a varying tastes.

Education

Edinburgh is regarded as a major hub as new figures show a record number of university start-ups. The industry is underpinned by the support given by the university towards the 44 tech start-ups, taking the total to 184 technology companies to have emerged in the last five-years. A commitment to invention and innovation are just two of the factors that make companies choose Edinburgh, more importantly, the four universities not only play a major role in research they also attract and provide a talent pool of first classprofessionals.

There are four universities in Edinburgh, all of them offering an exceptionally high standard of education,

In Edinburgh, 80,700 students were enrolled in further or higher education in 2016, one of the UK’s highest student concentrations.

Economy

​Edinburgh is the UK’s largest financial centre outside of London and a major European hub for asset management and servicing, with over £500 bn of funds under management in the city.

Edinburgh’s financial services sector possesses traditional strengths in retail banking, life insurance and pensions coupled with expertise in corporate an investment banking. A number of high-profile financial services companies are headquartered in Edinburgh including: Tesco Bank, RBS, Virgin Money and Scottish Widows

Chinese visitor numbers to the country have increased 230% in the last ten years with Edinburgh attracting 82% of Scotland’s total Chinese inbound visitor market. The value of which reached £25.78m in 2016, accounting for 71% of Chinese visitor spend in Scotland overall.

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Employment

Scottish unemployment hit a 25-year low in 2017, standing at just 3.8%. 10.8% of people in
employment work in the Finance and Insurance sector. On average this is twice the normal average of major UK cities

Transport

Edinburgh acts as a large financial and business hub of Scotland. The city has therefore demanded world class public transport links and has attracted investment, talent and growth. Residents of Edinburgh don’t have to fight their way through crowded tubes stations but instead can take advantage of an excellent bus service combined with first class rail links, plenty of taxis and the arrival of trams provides plenty of non-congested options for getting from A to B.

Although private vehicle transport is the preference for the some 35,000 commuters, there has been recent significant developments planned and already in place in and around the city as Edinburgh progresses towards a seamless and improved transport choice for residents and visitors.



Edinburgh properties

Embankment West

On the western fringe of the city, Embankment West offers luxury apartments accompanied by an attractive waterside setting. It’s prime location amongst excellent local amenities and superb transport links, positions Embankment West as a premium new home.

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