❋This could be your new Home
Mull is one of the few places in Scotland where you can still buy a genuinely extraordinary property without London prices. The island attracts buyers looking for a lifestyle change, a holiday let investment, or a permanent relocation — and the market, while small, moves quickly when the right property comes up. The average property price on Mull is currently around £245,000, but the range is wide — from modest village homes to coastal estates.
Land & Development Plots
Building plots with planning permission appear regularly, including elevated positions above Tobermory with harbour views, coastal plots near Fishnish, and sites in Bunessan on the Ross of Mull. For self-builders this is the most affordable route onto the island.
Residential — Houses & Cottages
The bulk of the market is stone-built detached houses and cottages, often with land and sea views. Tobermory commands a premium for convenience and character. Dervaig, Salen, and the Ross of Mull offer more for your money with less footfall. Bell Ingram in Oban is the dominant agent on the island and lists the majority of residential stock. services do you offer?
Holiday Let & Lifestyle Properties
Commercial — Hotels & Guesthouses
What to Know Before You Buy
Strong demand for properties with existing letting income — croft cottages with holiday lets, guesthouses, and B&Bs come to market occasionally and are snapped up fast. Druimnacroish in the north west and Staffa House in Fionnphort are recent examples — lifestyle businesses with accommodation, income, and extraordinary settings.
Scottish property law differs from England and Wales — offers are made through a solicitor, and the system moves fast once a closing date is set. Get a Scottish solicitor in place before you start viewing. Connectivity has improved — superfast broadband reaches most of the island now — but the ferry remains a practical reality for anyone living here full-time. Factor that into any calculation about commuting or running a business.
The commercial market includes hotel stock with letting rooms, bar and restaurant operations, and self-catering lodge businesses — typically bought by buyers looking to run a hospitality lifestyle business rather than purely for yield