The property market in Dumfries and Galloway has continued to attract high demand from lifestyle buyers with a third of all property sales last quarter (Q4, Oct – Dec) being smallholdings, reports Galbraith.
Smallholdings with land up to 50 acres continued to attract heightened demand from buyers keen to relocate to the area from the rest of the UK, with three quarters being from south of the Border and a quarter being from within Scotland. Demand outstripped supply in this market segment highlighting the draw of rural living in Dumfries and Galloway.
The team in Castle Douglas recorded a 16 per cent increase in the number of viewings conducted during the final three months of the year compared to the same quarter the previous year. Double the number of prospective buyers also registered with Galbraith in Castle Douglas over the same period, indicating a healthy appetite from buyers keen to make their next move.
David Corrie, head of residential sales for Galbraith, located in Castle Douglas, said: “It’s encouraging to witness healthy property sales and buyer activity in our final quarter of last year. As we enter the busy Spring selling season, the market is indicating a good level of competition from lifestyle buyers who remain attracted to the area given the quality of properties available and the value for money property in the region offers compared with many other parts of the country.
“Dumfries and Galloway is a stunning part of Scotland to live with buyers being attracted to the great outdoors and beautiful coastal scenery, from The Mull of Galloway to Gretna Green and everywhere else in between. With beautiful views and numerous paths for walking, cycling and wildlife watching, as well as offering opportunities for sailing and a wide range of water sports, the region really does offer a fantastic work-life balance for families, especially with hybrid working here to stay.
“It’s no surprise that small holdings are in particularly high demand, offering a sizable portion of land to allow owners to be more sustainable and grow their own, as well as offering ample outdoor space for young kids and their four-legged friends. We have buyers registered with us and ready to make their next move so anyone thinking of selling should take advantage of the current competitive market conditions.”
Currently for sale through the Agency Team at Galbraith in Castle Douglas offering a combination of rural and coastal living:
Balgowan Farmhouse & Steading, Ardwell, Stranraer, Dumfries and Galloway, Offers Over £325,000
Balgowan Farmhouse (B-listed) and Steading sits in a slightly elevated position with uninterrupted views over the surrounding countryside, Luce Bay and the coast beyond. The striking curved architecture with conical roof to the front sets this property apart from more traditional farmhouses in the region. Balgowan Farmhouse provides a blank canvas in its current condition however, it has the potential to be a stunning country home sitting in 2.74 acres of land, surrounded by open farmland and within walking distance of the beach.
The Old Lifeboat Station, Auchencairn, Castle Douglas, Offers Over £850,000
The Old Lifeboat Station is an idyllic coastal retreat in a breathtaking location with its own slipway, direct access to the sea and panoramic views of Auchencairn Bay on the Solway Firth. The B-listed property is nestled among six acres of garden and woodland, home to an abundance of wildlife, including red squirrels. Established in 1884, the property was converted and extended by the current owners in the late 1990’s to create an award-winning four-bedroom house.
Balgowan Cottages, Ardwell, Stranraer, Dumfries and Galloway, Offers Over £450,000
1 & 2 Balgowan Cottages offer a beach retreat with uninterrupted views over Luce Bay and a small paddock. Two semi-detached properties with a shared outbuilding, ‘The Bothy’, offering potential to convert the cottages in to one property, subject to relevant planning consent. The property is surrounded by open farmland with stunning views and numerous beaches close by.
Kirkeoch, Kirkcudbright, Dumfries and Galloway, Offers Over £250,000
Former farmhouse Kirkeoch, sits west of Kirkcudbright and enjoys breathtaking views of the Dee Estuary. Kirkeoch represents an opportunity for a buyer to create a wonderful family home in a sought-after area.