24 units exclusive to IPG
Glasgow, Scotland
Glasgow, Scotland
IP Global’s newest launch, Bell Street, is located in the powerhouse of Scotland. The building’s interiors strike an attractive balance between classic elegance and modern design, primed for the growing demand of young, working professionals.
Ideally positioned only 11 minutes away from Glasgow Central Station, Bell Street will benefit from quick access to the new HS2 rail. This high speed rail will connect major UK cities in a much shorter time frame and significantly drive up the regional value.
A Strong Economy Directed at High-Growth Industries
Despite uncertainties surrounding Brexit, the estimated nominal GDP in 2018 was £170 billion and has continued to grow throughout 2019 by 0.7%. The first estimate for Q4, released in March 2020, was stronger than the UK as a whole.
A Buoyant Job Market With Low Unemployment
Scotland has come a long way in the past decade from an unemployment rate of 8.8% in 2010 to currently holding a rate of 3.5% in 2020, which is below the UK national average.
Heavy Foreign Direct Investment
According to the EY Scotland Attractiveness Survey, Scotland came second only to London in the number of new fDi projects. The top three sectors generating the highest levels of inward investment for Scotland are digital, business services and manufacturing.
#1 UK Tech City in CBREs 2019 Tech Cities Report, after London
#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 Digital Technology students and graduates (Computer Science and Mathematics)
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.
Region | Mortgage Rates (Up to) | Acquision Costs (Estimated) |
---|---|---|
London | 75% | 5.0% |
Manchester | 75% | 5.0% |
Berlin | 60% | 7.5% |
Melbourne | 80% | 4.0% |
Brisbane | 80% | 4.0% |
New York | 55% | 6.0% |
Chicago | 55% | 6.0% |
Miami | 55% | 6.0% |
Tokyo | 70% | 5.0% |
*Prices and details are correct at the time of going to press. Readers are advised to make their own enquiries to verify such information.
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