Edinburgh apartments offer city living at its best
Buyers looking to invest in a brand new apartment in Edinburgh are being urged to register their interest now to get the pick of the best plots.
Apartments at Redrow’s Optima venture have proven to be popular with buy to let investors and their tenants, as well as owner occupiers. And with approximately 20 apartments to be constructed to finish the development now could be the time to invest in a brand new home.
Diana Newton, sales director for Redrow Homes (Scotland) said: “Buyers looking to invest in the Edinburgh property market should look no further than Redrow’s apartments at Optima.
“Our final phase of homes will be ready for occupation by summer 2010 and buyers who register their interest now will have the pick of the best plots.”
According to the Royal Institution of Chartered Surveyors* there has been a noticeable increase in buyer commitment in Edinburgh.
“Surveyors in Edinburgh reported shortened selling periods for good quality stock. At Redrow we take pride in constructing new homes to the highest of standards and expect buyers to show a keen interest in this final wave of properties,” Diana commented.
“By registering their interest now and being among the first to buy ‘off-plan’, would-be purchasers have the chance to reap the benefits of their early investment. As well as being able to choose their preferred plot, those who buy before the apartments are physically built also have more choice of the individual design touches that really make a home their own.”
Leading mortgage lenders Halifax and Nationwide** have both reported steady consecutive monthly increases in house prices, linking rising demand to rising prices.
“Those who buy a brand new apartment from Redrow now could potentially see the value of their investment increase – even before they move in,” Diana said.
“Buying a brand new home has advantages over a second hand property as you can put your own stamp on it straight away without the need for costly repairs or renovations. And as our homes are built to modern energy efficient standards there’s potential to save money on bills while also being kinder to the environment.”
Redrow’s Optima apartments feature open plan kitchen and dining areas with high specification fittings. The sense of luxury afforded by these fabulous new homes is evident in the en-suite to master bedroom as featured in a number of the apartments.
Located in Ferry Road, just a short journey from the city centre, Optima offers a blend of apartments and townhouses.
To discuss home ownership and investment opportunities at Optima, visit the sales and marketing suite, Thursday to Monday, 10am to 5.30pm. Alternatively, log onto redrow.co.uk/developments/optima
* rics.org
** halifax.co.uk / nationwide.co.uk
