Scotland Snapshot

Population | 5.44 Million

Unemployment Rate | 3.5% (2020) -a drop from 8.8% in 2010

GDP | USD132 Billion

Interested in Scottish property? Download our Scotland Investor Guide to learn about local laws, tax, mortgages, acquisition costs, letting & management and more.

Why Invest in Scotland?

Scotland has long been famed for its resilience in the face of adversity and this reputation extends to its economy. In the past two decades, Scotland has shown positive GDP growth, mimicking the trend of the Greater UK.

Traditionally Scotland’s economy was industry dominated, particularly in ship-building, coal-mining and steel.
Since the decline of heavy manufacturing, the economy is moving towards knowledge-based and service-oriented industries.

To learn more about the changing environment for investment, download our latest Scotland project brochure.

Download Bell Street Brochure

economy

USD132 Billion GDP (2020)

Population

5.44 Million (2020)

Unemployment rate

3.5% (2020)

Glasgow: Scotland's #1 City for Investment

  • #1 UK Tech City in CBREs 2019 Tech Cities Report, after Londo
  • #1 ‘large European city of the future for Foreign Direct Investment (FDI) strategy’ according to The Financial Times’ fDi Magazine
  • #1 UK Core City for producing the highest number of Financial and Business Services graduates

As Scotland’s largest city, Glasgow is a leading destination for economic output.

With a 2019 GVA of £20 billion, Glasgow produces approximately 14% of all Scottish output and is home to 28% of all Scottish companies providing a third of the country’s jobs.

Glasgow’s Investment Case For Real Estate

1.7 million inhabitants

Glasgow Metropolitan Area is expected to grow at the same rate as the iconic cities of New York, Los Angeles and Paris. A statement underpinned by a projected increase of 175,000 people to the current 1.7 million inhabitants over the next 15 years.

a drop of 7.2% in unemployment

As a testament to the thriving Glasgow economy, the unemployment rate has fallen from its 11.9% high in 2012/2013 to 4.7% -a drop of 7.2% in only 6 years. With a focus on high-growth industries, career prospects and job security are high.

£100,000 cheaper than Edinburgh

House prices are on average almost £100,000 cheaper than Edinburgh, however price growth is rising quickly. Glasgow property prices are forecast to rise 15.4%, and rental growth 13.7%, over the next 5-year period, despite both Brexit and COVID-19's impact.

8 Reasons To Invest In Glasgow

Glasgow is not only an academic and cultural hub in Scotland but also the economic powerhouse of the country. Explore the 8 reasons we’re investing in this buzzing metropolis below: The Economy Is Focused On New High-Growth Industries. The Population Is Growing at An Alarming Rate. House Prices And Rents Are Predicted To Keep Rising. […]

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Useful Resources For 2021

Scotland Investor Guide

Buying in Scotland can appear to be a complicated process. We break it down for you, simply.
Download The Investor Guide

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Want to Learn About Investing in Scottish Property?

Download our helpful guide on local laws, tax, mortgages, acquisition costs, lettings & management and more. Get our Scotland Investor Guide sent straight to your inbox now.

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