• Property investors in Scotland can take advantage of the lucrative opportunities available to them by investing in buy-to-let properties, which can provide a reliable return on their investment.
• Making use of Airbtics analytics tool, we could find the most profitable areas in Scotland for rental properties. This is supplemented by recommended property sizes, estimated annual revenue, gross rental yields and other dataset.

Exploring Lucrative Rental Markets in Scotland!

Surrounded by the Atlantic Ocean, the North Sea, and the Irish Sea, lies the second largest country of the UK, Scotland. This country is widely known for its breathtaking landscapes and sparkling cities as well for being a land of legends and unique traditions.

The beauty of Scotland is undeniable, so it’s understandable why is considered one of the most beautiful destinations in the world. With stunning landscapes, rich history, fascinating culture & traditions, this country has everything to enchant everyone. 

On top of that, Scotland also offers some profitable real estate markets capable of catching property investors’ attention. In fact, major cities of Scotland such as Glasgow, Edinburgh and Aberdeen are among the top cities in the UK for Airbnb properties!

Before embarking on this investment journey, it is important to define your goals and conduct an in-depth analysis of the market to ensure the success of your Airbnb business.

In this article, you will discover the best buy to let areas in Scotland. As a bonus, we will also mention some of the top reasons why you should consider investing in property in cities of Scotland. Keep reading and find out more about this market!

Why should you consider investing in Scotland’s rental market?

Scotland is a destination that is attracting more and more investors since they can gain the best rental yields while investing a reasonable amount in properties. But before stepping into any rental market in Scotland, it’s important to analyze the country’s real estate situation and what kind of benefits it offers to investors. 

Check out some of the reasons why doing real estate investments in Scotland is a great business idea:

• Stable real estate market with solid returns

If you’re looking to buy an investment property in Scotland, you’re in luck! Since house prices are skyrocketing globally, Scotland has been maintaining an affordable real estate market and there’s no shortage of housing available! Moreover, the country owns a booming economy and well–developed infrastructure. 

Thanks to its amazing living conditions, educational opportunities and plenty of job opportunities, people are drawn to the city to live, work, or study. Thus, investors can expect a solid demand for housing and rentals. On top of that, obtaining high rental yields is possible as the real estate market offers a variety of property types at low values. Currently, the average house price in Scotland is £189K.

• One of the best-performing economies in the UK 

Scotland owns one of the most developed and industrialized economies in Europe. The country is home to well-developed cities that offer strong job markets in a variety of sectors. The key industries in Scotland are tourism, finance and business services, oil and gas, the food industry, culture and creativity. 

Yet, the Scottish economy continues to grow, benefiting from emerging sectors such as those related to renewable energy, technology, life sciences and research.

• Great quality of life 

The Scottish cities and towns offer wonderful living conditions, low crime rates and feature a wide range of services, such as high-quality medical care, excellent education opportunities and a modern infrastructure. Many prestigious universities and educational institutions are located in Scotland’s cities, making it an attractive destination for both domestic and international students seeking the best opportunities.

On the other hand, the cost of living highly depends on the area, but generally speaking, it’s not as high compared to England.

• Lots of tourist attractions!

Scotland is truly a country of endless opportunities and experiences as it owns a rich history and owns an impressive catalog of traditions and legends! Whether you’re looking for a spot to explore on your own or one to share new experiences with your family or companions, there will always be a place that fits your needs. 

Scotland is well-known for its dazzling scenery, which includes mountains, lakes or also referred to as “lochs”, rivers and hills. Some of its most representative sites are the well-known Loch Ness, the Glencoe Valley and the Isle of Skye. Of course, we can’t forget to mention some of its fascinating historic castles, like Edinburgh Castle, Inverness Castle and Stirling Castle.

Additionally, we should mention that Scotland welcomes a high influx of visitors yearly. As a matter of fact, the country received over 3.2M tourists just in 2022 as confirmed by the VisitScotland portal!

Is Airbnb profitable in Scotland?

There are several factors that should be considered when trying to determine the profitability of a specific area such as the annual revenue, occupancy rates and more. But don’t worry too much because Airbtics assures you that investing in Scotland can bring investors like you fulfilling investment experiences! 

Let’s dive deeper into one of Scotland’s most popular cities: Edinburgh – According to Airbtics income calculator, Airbnb hosts can earn a potential revenue of £48,572 with a median occupancy rate of 93% for operating a 1-bedroom property in Scotland’s capital city.

• The rental market in Aberdeen presents plenty of investment opportunities for investors aiming to invest in short-term lets and student housing. By listing their property on Airbnb, many hosts were able to earn a nice rental income.
• With the help of Airbtics, we were able to pinpoint Aberdeen’s top buy-to-let areas. Among other datasets, we also reveal the best property types you can get, along with their gross rental yields and potential annual revenue.

Unlocking Aberdeen’s Rental Market Lucrative Opportunities!

Known as the Oil Capital of Europe, the city of Aberdeen is located in the North East region of Scotland and is surrounded by the North Sea. This destination is renowned for its breathtaking landscapes composed of wonderful hills and mountains, rivers and quiet beaches. Aberdeen also features a rich heritage and plenty of fascinating historical sites and well-preserved granite buildings that gave it the nickname of “Granite City”.

It’s a given fact that Aberdeen stands out for many reasons such as its solid economy, affordable housing market and striking scenery. Additionally, Aberdeen presents a favorable environment for property investments, which can be quite the catch for investors looking to maximize their returns.

But take your time as you should do thorough research beforehand and set clear goals that will help you to make well-informed decisions. This is an important factor that shouldn’t be overlooked, especially if you want to operate a successful Airbnb business in Aberdeen. 

In this blog, we will go over some of the benefits of investing in buy-to-let properties in Aberdeen as well as the top locations to set up an Airbnb listing. Want to learn more? Continue reading if so!

Why should you consider buying an investment property in Aberdeen?

Aberdeen is known for various things such as its diversified economy, stunning landscapes and attractive opportunities that can quickly draw the attention of property investors. However, it’s always a good idea to consider the benefits that the real estate market can provide for investors. By knowing these advantages, they will have a better understanding of the rental market which will help them to make better investment decisions.

Some of the benefits of purchasing an investment property in Aberdeen include:

• High rental demand

There’s a large influx of professionals working in the oil and gas industry in Aberdeen and thanks to this, the city presents a high demand for rental homes. Additionally, the city is also home to two renowned universities (Aberdeen University and Robert Gordon University) that also attract many students. This opens up a profitable path for investors who aim to cater to student properties in Aberdeen. 

Moreover, Aberdeen is regarded as one of the cheapest cities in the UK for first-time buyers. Currently, the average house price in Aberdeen is £183K. It’s for this reason that investors can potentially obtain higher returns on their investments while also stepping into the UK’s property market at an affordable cost.

• Diversified economy

Aberdeen has long been regarded as one of the UK’s economic powerhouses thanks to its oil and gas industry. However, Aberdeen continues growing at a steady rate and has gradually diversified its industries! Some of its thriving sectors are those related to life sciences, tech, renewable energy resources, aquaculture and marine sciences. This provides plenty of employment opportunities to professionals, which also helps the city to enjoy a strong housing demand. 

• Great living conditions 

We can deny that Aberdeen is quite a charming city and the best part of it is that it features a clean and safe environment! Moreover, locals and visitors alike can also enjoy a good standard of living since the city offers a wide range of high-quality services such as a reliable healthcare system, good educational opportunities and well-developed infrastructure.

However, it’s not all rosy if we consider the oceanic climate of Aberdeen. This means that the city features cold weather with high levels of humidity most of the year. Summers are short and cool with plenty of cloudy days. Thus, you should be ready to bear these climate conditions if you are targeting Aberdeen.

• Take your time to discover this beautiful city

Aberdeen features a fascinating history and heritage that one must discover while staying in the city. The cultural scene in Aberdeen is thriving, and there are a variety of events and festivals which are held all year round. There’s also a large selection of museums, art galleries, restaurants, bars, shops, and entertainment venues, so you will always have something fun to do.

Additionally, Aberdeen is located in a region that is highly known for its breathtaking natural landscapes. This destination owns striking areas that are loved by outdoor enthusiasts like walkers, and windsurfers. Moreover, Aberdeen Harbour is a hotspot for marine wildlife watching!

Is Airbnb profitable in Aberdeen?

Wondering if owning an Airbnb property in Aberdeen is worth the effort? Don’t worry! Airbtics confirms that investing in rental properties in Aberdeen can help investors like you earn a steady passive income.

Let’s dive deeper into Aberdeen’s Airbnb market – According to Airbtics’ STR income estimator, hosts can generate an average revenue of £24,068 with a median occupancy rate of 88% for operating a 1-bedroom apartment in Aberdeen.