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The Holiday Homes Market Upturn in the East Neuk

Sales of holiday homes have soared by more than 60% in the East Neuk in the summer of 2011 compared to the same period last year.

Leading legal, financial and property specialists Pagan Osborne sold 24 second homes in the period between June and September this year, up from 15 last year.

Linda Black,

Pagan Osborne’s property manager in Fife, said:

There has been a very definite and welcome improvement in the second home market in the East Neuk area this summer which shows an improved confidence in the local property market.

“The East Neuk has always been a popular place for holiday home buyers, with lovely homes in picturesque locations with plentiful local amenities. The downturn did put a strain on the market, however it certainly remained relatively buoyant in comparison to other areas and sectors.

“The fact that sales of holiday homes are rising is reflective of a wider feeling of optimism in the East Neuk during August and September and we would like to think this trend can continue.”

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Edinburgh
Clarendon House
116 George Street
Edinburgh
EH2 4LH Call Us
Tel: 0131 624 6820
Fax: 0131 220 1612
2 Comiston Road
Morningside
Edinburgh
EH10 5QE Call Us
Tel: 0131 539 3333
Fax: 0131 538 7204
St Andrews
106 South Street
St Andrews
Fife
KY16 9QD Call Us
Tel: 01334 475001
Fax: 01334 476322
Cupar
12 St Catherine Street
Cupar
Fife
KY15 4HH Call Us
Tel: 01334 653777
Fax: 01334 655063
1 Crossgate
Cupar
Fife
KY15 5HA Call Us
Tel: 01334 656525
Fax: 01334 654119
Anstruther
Pagan Osborne
5a Shore Street
Anstruther
Fife
KY10 3EA Call Us
Tel: 01333 310703
Fax: 01333 311918

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