Castle Grant on the outskirts of Grantown-on-Spey has been sold for over £1.1million after just 2 weeks on the market .
Music industry PR man Jordan Harkins, from Aberdeen, tweeted: “Just found out my auntie bought the castle Craig Whyte was evicted from … might tell her to rent him back a room seeing as he is a legend.”
Kevin Maley, of selling agents Strutt & Parker, said: “This has been a very quick sale for a property of this size.
“But it is a fantastic place in a great setting at a very good price indeed.”
Whyte bought the castle for £720,000 in 2006 with a 110 per cent mortgage but he fell into arrears with the £7000-a-month mortgage payments.
His lender took him to court in Inverness but the day before he was forced to give up the keys, the Record caught Whyte’s dad Tom siphoning oil from the heating system and removing fittings.
Castle Gogar near Edinburgh is for sale at £2.9 million . The castle has everything you would expect in a property fit for a king or queen: towers and turrets with arrow slots, a vaulted crypt, an oak panelled dining room and hall, and even spiral staircases.
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The turrets were only added to the 1625 property in the 19th century and have never housed archers. Other more modern additions include a wet room and sauna, a handmade oak kitchen with a built-in American fridge freezer, and outbuildings housing a gym and games room. There are seven bedrooms, but you’ll have to climb all the way up to the third floor to rest your head in the master bedroom. Climb more stairs and you can survey your 3.65 acres from your very own battlements. The price is almost as lofty as the top floor tower room: £2.9m.In today’s market , only a rich Russian or American are likely to be interested. Although Britain is supposed to be coming out of recession , the property market remains flat , even at the top level.
The owners of Castle Gogar may be in for a long wait for a buyer . St Andrews castle is a fascinating historic building in the university town in Fife .
A taxi from Edinburgh to St Andrews costs from £85 .
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Europe has been in financial turmoil since 2008 with the UK in a double dip recession . Real estate markets in many of the major countries have recorded huge drops in price. The prices of properties in Ireland plunged vertically, leaving the country chasing the shadows of the levels that were reached during the bubble in the mid-2000s. Castle domains for sale
The plight of Italian properties
Mario Monti, the Prime Minister of Italy, is making efforts to sell state properties quickly as a way to reduce the mounting debt in the country. Historic army barracks, hilltop castles and Venetian palazzos are all fair game and being put up for sale as the nation looks to slash its debt. Many prime properties are available for potential investors to assess, and the government is hoping to pocket a staggering $1.9 billion after selling over 350 more buildings that are expected to be made available in the market from the turn of the year.
The Orsini Castle, a 13th Century former papal dwelling that overlooks the Soriano nel Cimino towards the northern region of Rome is one of the main spots. However, potential investors will have to shell out big bucks, as Milan’s Palazzo Bolis-Gualdo is anticipated to cost a whopping $38 million.
Prices of homes in Greece and Spain fell by around 20 per cent in the last five years. However, other European nations such as Norway, Serbia and Austria have enjoyed rises in real estate prices. Amid the disorder, astute buyers have plenty of investment opportunities as they remain alert about the current economic situation. Investors from all over the world are looking to purchase properties at bargained prices here.
A 40,000 square foot, 30-bedroom medieval castle in Piemonte, Torino is for sale at £45 million . It is regarded as one of Italy’s most beautiful monuments and it is considered one of the most scenic and extraordinary castles in the world. Its courtyard, with the suggestive Fountain of the Mysteries, is surrounded by impressive, historical walls (built between the 9th and 14th century). It will only set you back 45M Euros (roughly $56 million).
Read more: http://www.vancouversun.com/Entertainment/TIFF12/Italian+Castle+sale/7217514/story.html#ixzz269tdaj27