A new report has found the cheapest places to buy property along Scotland’s coastline.
Tracking house price movements in coastal locations across Britain, the Bank of Scotland Coastal Homes Review has found that Campbeltown – the former whisky capital of the world – is the cheapest town in Scotland for those looking to purchase property by the seaside.
On average, homes in Campbeltown cost just £103,078. That’s more than £350,000 cheaper than St Andrews; Scotland’s most expensive coastal town.
Compared to the British average of 18%, over the last five years prices in Scottish coastal towns are up 25%. In the last year, the housing market for Scotland’s coastal locations was worth around £1.9 billion.
Isla Benzie, Head of Bank of Scotland Mortgages, said: “Scotland’s coastline offers something for everyone – from the historic streets of St Andrews to the island charm of Rothesay and Millport.
“While some of the most sought-after locations continue to command premium prices, there are still plenty of affordable options for buyers willing to look beyond the traditional hotspots.
“Coastal property prices in Scotland have risen over the past year, reflecting strong demand and the enduring appeal of seaside living. But it’s also important to recognise the diversity of these communities – while some are thriving, others face real challenges linked to housing affordability, seasonal economies and access to services.”
Here are the 10 cheapest locations for a home by the sea in Scotland.
5. Girvan
Girvan in South Ayrshire – around 21 miles south of Ayr – is also among Scotland’s cheapest coastal towns with property costing around £116,211 on average – which is up almost £10,000 from last year. | Adobe Stock
6. Greenock
Originally a fishing community, Greenock sits along the south bank of the Clyde, around 23 miles west of Glasgow. Also the administrative centre of Inverclyde council, on average a property here will cost around £117,751. | James / Adobe Stock
7. Ardrossan
Located on the North Ayrshire coast, close to Saltcoats, on average property in Ardrossan will cost £124,532. The town is the main terminal for Caledonian MacBrayne ferry services to the Isle of Arran. | Wirestock / Adobe Stock
8. Wick
With an average property value of £126,708, Wick is the most northerly town to be included within the top ten. Located in Caithness, the town extends along the River Wick and along both sides of Wick Bay. | Gill / Adobe Stock