The Saint
House overlooking Old Course 18th hole
sells for £3.75 million
Chloe Darling
It looks like any other terraced house squeezed into one of St Andrews quiet, side streets. However this 5-bedroom home was recently sold for a price tag in excess of £3.75 million, the most expensive property per square foot to be sold in Scotland.
No. 9 The Links boasts uninterrupted views over the 18th green of the historic Old Course, where the final moments of this years Open Championship will be played.
From the balcony in front of the master bedroom, the new owner and their guests can watch Tiger Woods and other golfing superstars putt out at the final hole in this years Open Championship, whilst taking in the views of the Royal and Ancient Club House and the Fife and Angus coastlines beyond. These attributes persuaded a wealthy, unnamed, American businessman to fork out £1,350 per sq ft for the property, ranking the St Andrews address on par with prices in London and Monaco, the two most expensive property markets in the world. Jamie McNab, a partner with Savills, the property agent, said the address was known as the Royal Box of golf, and a similar house in St Andrews was likely to fetch around the £750,000 mark. What this sale demonstrates is the increased globalisation of the Scottish market. The people interested in the top properties throughout Scotland will be the super rich who have several homes throughout the world.
It was reported last year that St Andrews has the most expensive property market of any seaside resort on Scotlands coast, with typical prices more than ten times the average of local earnings. Despite the recent slump, the surging property market during the last five years has seen St Andrews retain its position as one of the most prestigious housing markets anywhere in Europe. However, this is being put to good use with the house Breakers on The Scores, which is being let out during the Open Championships for £12,000 to help raise money for the Maddy Steel Charitable Trust. All proceeds going to medical research for babies born with congenital heart defects.
More From News
