East Lothian development sells out amid higher demand for coastal sites
A development next to Belhaven Beach has reserved its final home following a “surge” in sales during lockdown.
Cala Homes ( East) said it has now sold out its Castle Bay site amid strong buyer interest in its coastal developments, highlighted by reservations growing by two thirds across its East Lothian sites since the start of lockdown.
Castle Bay was launched in summer 2017, and the developer said it represents its most easterly development in the region, providing 90 large homes to the west of Dunbar.
Philip Hogg, sales and marketing Director with Cala Homes ( East), commented: “Since the start of lockdown, we’ve seen a tangible shift in buyers’ priorities – and Castle Bay fitted the bill perfectly for those that have made the move in recent weeks. Buyers want the sea air, green space and access to the wider countryside. The beauty of our East Lothian developments is that this doesn’t come at the cost of connectivity into Edinburgh.”
In addition to the private homes, Castle Bay also saw Cala build and hand over 25 affordable mid- market- rent properties to LAR Housing Trust, with the 12 cottage flats and 11 terraced homes “tenureblind,” meaning they blend into the wider development.
The development also saw large contracts awarded to local firms.
Section 75 payments relating to the development and paid to the local authority saw about £913,000 go towards local schooling and infrastructure. Cala also highlighted its range of other East Lothian developments, including Letham Views in Haddington, Law Gardens in North Berwick and a range of homes in Gullane.
It comes after Cala Homes (We st) unveiled CGI imagery of a development on the grounds of the former Killearn Hospital.