Real Estate in Orkney Islands, Scotland
Last updated on Nov 02, 2024
Summary: Expats and retirees talk about real estate in Orkney Islands, Scotland? How do you find a home in Orkney Islands? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Orkney Islands?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in the Orkney Islands, involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a small apartment to a larger house. Next, you should research the different areas in the Orkney Islands to find a location that suits your lifestyle and needs. Some people might prefer a quiet, rural setting, while others might want to be closer to the amenities of a town. Once you have a clear idea of what you're looking for, you can start your search. There are several online property websites that list rentals and properties for sale in Scotland, including Rightmove, Zoopla, and S1homes. These websites allow you to filter your search based on location, property type, number of bedrooms, and price range. In addition to online searches, you might also want to contact local estate agents in the Orkney Islands. They can provide valuable insight into the local property market and might be able to alert you to suitable properties before they're listed online. If you're planning to rent, you'll typically need to provide references and proof of income. If you're buying a property, you'll need to secure a mortgage unless you're buying outright. Finally, before making a decision, it's a good idea to visit the Orkney Islands to view potential properties in person. This will give you a better feel for the area and the property itself. Remember, finding a place to live can take time, so it's important to be patient and not rush into a decision," remarked one foreigner who made the move to Orkney Islands.
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What is a typical expat home or apartment like in Orkney Islands?
"Expat homes or apartments in the Orkney Islands, are typically traditional and charming, reflecting the local architecture and culture. They are often made of stone, with a sturdy and rustic appearance that blends well with the surrounding landscape. The interiors are usually cozy and warm, with modern amenities for comfort. Many homes have fireplaces or wood-burning stoves, which are a necessity during the cold winter months. The homes often have a view of the sea or the green, rolling hills, providing a peaceful and serene living environment. They usually have a garden or a small yard, where residents can grow their own vegetables or flowers. The homes are typically located in small, close-knit communities, where everyone knows each other. The kitchens are usually fully equipped, with a dining area where families can gather for meals. The living rooms are comfortable, with sofas, armchairs, and often a bookshelf filled with books. The bedrooms are usually modest in size, with comfortable beds and storage space for personal belongings. Despite their traditional appearance, these homes often have modern conveniences such as central heating, double-glazed windows, and high-speed internet. Some homes may also have a garage or a shed for storage or workshop space. Overall, expat homes in the Orkney Islands offer a unique blend of traditional Scottish charm and modern comfort, providing a peaceful and comfortable living environment," remarked one member in Orkney Islands.
What is the average cost of housing in Orkney Islands?
If you are thinking about moving to Orkney Islands, cost of living in probably a key consideration. Expats commented about the cost of housing:
"As of 2021, the average cost of a house in the Orkney Islands, is approximately £150,000. However, prices can vary significantly depending on the size, condition, and location of the property," said one person in Orkney Islands.
Should I buy or rent a home in Orkney Islands?
If you have not spent a lot of time in Orkney Islands, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in the Orkney Islands, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in the area for a long time, buying a home could be a good investment. Owning a property allows you to build equity over time and could provide a sense of stability and permanence. On the other hand, renting might be a better option if you're not sure about your long-term plans or if you prefer not to have the responsibilities of home maintenance and repairs. Renting can offer more flexibility, as it's easier to move if your circumstances change. It also doesn't require a large upfront investment like a down payment. It's also important to consider the housing market in the Orkney Islands. If property prices are high and continue to rise, buying a home could be a good investment. However, if prices are low or falling, it might be better to rent until the market improves. In conclusion, whether you should buy or rent a home in the Orkney Islands, Scotland, depends on your personal and financial circumstances. It's a decision that requires careful consideration and, ideally, advice from a financial advisor or real estate professional," said one expat in Orkney Islands.
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
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