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Sunday, August 14, 2011

Fore!!

A street of unassuming terraces in St Andrews will this week cement their reputation as a millionaire's row when a double upper flat goes on the market for £1.75 million. Its panoramic views across the famous Old Course and its hallowed 18th green - where Open Championships are won and lost - have brought the 2011 valuation of the three-bedroom property with no garden that will only appeal to the very wealthy. Just a few yards away, luxury apartments in the Hamilton Grand, a former St Andrews University halls of residence being redeveloped by American billionaire Herb Kohler, start from £1.35m. Some of the properties do not even have a view of the Old Course but are still highly prized for their location at the centre of the traditional Home of Golf.

The last home to be sold on The Links, which changed hands for almost £4m last year, became the priciest property per square foot in Scotland at £1,350, putting it among the most expensive property markets in the world, such as London and Monaco.

http://scotlandonsunday.scotsman.com/scotland/House-bought-for-5000-now.6818282.jp

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