A sprawling Scottish castle in Fetral, the fourth largest in the Shetland Islands, is on sale for just $37,000.
However, there are pitfalls. A complete renovation of this property would cost the buyer nearly $15 million.
With its rich history and spectacular architecture, Bluff Lodge offers a great opportunity for those looking for a unique property to call their own.
The Bluff Lodge Trust, which is responsible for preserving the 200-year-old building, enlisted the help of “philanthropists” to renovate it into a luxury retreat with 24 double bedrooms. there is according to insider.
“Several potential investors are in contact with our distributors, some of whom will travel to Fetral to tour the lodge and discuss possibilities with the trustee,” said the trust. said the director. Drew Rutter said in a statement to CNN.
Also read: U.S. mortgage lending hits 20-year low as interest rates stay high
“One of our potential buyers has made a detailed proposal, which we are discussing with them, but we want to achieve the best possible result for both the building and the community, so we have no other charities. We would also like to hear input from home “in Fetral,” he added.
Scotland’s subarctic archipelago of Shetland has more than 100 islands, 16 of which are inhabited. Among these islands, Fetral is her fourth largest and a modest island with a population of just 69 people.
According to CNN, merchant Arthur Nicholson built Bluff Lodge in 1825 with the Gothic style in mind. Since the 1970s, the castle has been empty.
Read Now: American Housing 4 Rent vs. Invitational Housing: Which Is Better to Buy?
Photo: Ken Craig via Wikimedia Commons