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Real estate in Aberdeen
Located in the north-east of Scotland, Aberdeen City is a prime spot for both UK and overseas property buyers and investors. If you're longing to find your dream home or are considering buying a flat in a location that effortlessly combines a pulsating city life with stunning coastal landscapes, then Aberdeen is a location worth considering. Known as the “Granite City”, this title doesn’t just refer to the sturdy local architecture but also epitomises the city's reputation for robust economic performance, primarily driven by the oil industry. Before approaching a local real estate agent, it's important to familiarise yourself with the real estate market in the region, the types of properties available, and the general costs of purchasing a residence in this distinctive location. Understandably, the cost for such a property in Aberdeen varies significantly depending on various factors such as size, location, and overall real estate market trends. However, with its rich history, thriving economy, and breath-taking landscapes, investing in Aberdeen property certainly promises a return in quality of life.
Aberdeen properties: Market trends overview
The real estate market in Aberdeen, within the Aberdeen City region of the United Kingdom, has seen consistent price increases, drawing in interest from global buyers and investors, particularly from Norway, the USA, Germany, and other parts of the UK. Aberdeen's advantageous coastal location harmonizes a relaxed way of life with an energetic vacation feel, thanks to several recreational facilities and golf courses and simple access to the bustling city of Edinburgh. Aberdeen exhibits a vibrant shoreline locale, bountiful historical legacy, and a high standard of living. Over recent years, the local authorities have devoted more resources to developing the city, supplying a broad array of property options for both local and international purchasers. Choices include contemporary and practical townhouses, apartments, chic villas, classic cottages, and luxury penthouses. Searching for properties and apartments for sale in Aberdeen, UK, which cater to all budget types and lifestyle preferences, is hassle-free, positioning this granite city as one of the most appealing to overseas buyers.
Average price of a property for sale in Aberdeen
So, what might an interested buyer expect to spend on properties in Aberdeen, Aberdeen City, United Kingdom? The total cost may vary greatly owing to multiple influencing factors like the style of property, distance to cultural landmarks and the coastline, available facilities, and individual necessities (such as lavish amenities, dimensions, accessibility, etc.). Recent data reveals that the top quoted price for a property for sale in Aberdeen, Aberdeen City was £2,400 per square metre. The most expensive properties tend to be located in the West End, often considered the city's most desirable residential area. On the other hand, the most affordable properties, with an average price per square metre of £1,750, are often found in the Bridge of Don and Dyce area. At present, the typical listing price for a house in Aberdeen City hovers around £498,500.
Types of properties can you find in Aberdeen
In Aberdeen, Aberdeen City, United Kingdom, the property market offers a variety of housing options, ranging from modern apartments and flats to historic townhouses and bespoke bungalows. Some of the most sought-after real estate properties sit within secure residential areas. 2-3 bedroom apartments with spacious balconies are common, as well as 2-story houses, each with its own unique entrance, expansive patios, and fully equipped kitchen. In addition, there's the opportunity to purchase a newly built bungalow nestled in an exclusive area of Aberdeen, with a stunning view of the North Sea, conveniently located near the city's sandy beach. This location offers an ideal place to reside, ensuring a pleasant mix of city living with coastal escapade.