"Around 10% of the purchase price per year, absolute minimum for upkeep." A dream Scottish castle could be yours. But it'll cost you. Again and again. Bloomberg Quicktake's Alex Morgan explains.
Anyone longing to become the Queen or King of their very own castle need look no further than Scotland. Here, the fairytale is very much a reality, with some 10 properties offered every year.
For starters, 16th century Myres Castle, outside Fife, is on the market for £3.5 million ($4.3 million). There’s no cauldrons of boiling oil, but you do get 10 bedrooms, 5 reception rooms, and 45 acres of grounds complete with a hedge maze, a walled garden and a tennis court. History lovers can shade under a tree that purportedly was planted by Mary Queen of Scots herself.
Best of all, for some, Myres Castle isn’t far from renowned golfing club St. Andrews and less than an hour’s drive from the capital of Edinburgh.
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