It’s official: the Edinburgh economy is now outpacing London’s. According to The Scotsman, Edinburgh has topped the UK GDP per head rankings for the first time in history. Yes, our brilliant, beautiful, and endlessly innovative capital is now leading the UK not just in charm and culture, but in economic strength too.
It’s a fitting achievement for the city that helped shape the very foundations of modern economics. While Adam Smith may have been born in Kirkcaldy, it was right here in Edinburgh that he was educated, influenced, and ultimately inspired to help usher in the Scottish Enlightenment. A legacy that lives on in the city’s thriving intellectual and business landscape.
But the story doesn’t end there. While the headlines focus on GDP, another key indicator is quietly stealing the spotlight: the Edinburgh property market.
Edinburgh Named Most Desirable UK City for American Homebuyers
According to The Guardian, Edinburgh is now the most sought-after location in the UK for American buyers. With political turbulence sending some stateside residents across the pond in search of stability and sophistication, it turns out they’ve got excellent taste.
Georgian crescents, cobbled streets, a world-famous festival scene and world-class education? It’s easy to see why people are flocking to buy a home in Edinburgh.
At Neilsons Solicitors and Estate Agents, we’ve seen a marked rise in international enquiries and it’s not just the postcard views drawing them in. Edinburgh offers the economic muscle of a capital city paired with a quality of life that’s hard to match.
A Resilient, Robust and Rewarding Property Market
Amy Howard, Property Consultant at Neilsons, has experienced both capitals first-hand:
“Having lived in both London and Edinburgh, I can confidently say Edinburgh offers a far superior quality of life. The property market here is resilient, robust, and remarkably consistent, even in uncertain global times. It’s no wonder international buyers are taking notice.”
While many UK cities have seen fluctuating demand and price uncertainty, homes for sale in Edinburgh continue to attract strong and sustained interest.
At Neilsons, we’ve seen consistent growth in the local property market thanks to Edinburgh’s enduring desirability. Whether it’s young professionals, couples, families or students attending world-renowned institutions like the University of Edinburgh, Napier or Heriot-Watt , the demand remains strong across the board locally, as well as with increased international interest.
In fact, the city boasts the highest concentration of professionals in technology, IT and legal services outside of London, making it a hub of opportunity as well as lifestyle.
According to the latest ESPC House Price Report, the average selling price in East Central Scotland has risen by 4.3% year-to-date, now sitting at £288,271, a clear sign of a confident, competitive market.
And at Neilsons, we’ve been right at the heart of it! We’ve sold over £155 million worth of property so far this year, with an average selling time of just 25 days. With a 13% local market share, we’re proud to say we’ve got our finger firmly on the pulse of Edinburgh’s property landscape.
Thinking of Moving? Speak to Edinburgh’s Local Property Experts
Whether you’re looking to sell your property in Edinburgh, take your first step onto the ladder, or make a strategic investment, our expert team is here to help.
At Neilsons, we’ve been at the heart of the Edinburgh housing market for decades. As an award-winning firm of Edinburgh Solicitors and Estate Agents, we offer a full in-house service to make your move seamless.
Book your FREE consultation below and take the next step in your property journey with confidence.
Book a free consultation with Neilsons here!
