Homes in a Scottish coastal town are attracting asking prices 133% above the regional average –thanks to its Michelin-starred restaurant, a report has claimed.
House-hunters are being asked to pay more in Elie in the East Neuk of Fife as it plays home to award-winning Sangster's.
The town is the most expensive coastal location in Scotland, with higher asking prices than Edinburgh and the Highland town of Nairn.
The capital, which has five Michelin restaurants, has property asking prices 107% above the regional average, while Nairn – home to Boath House restaurant – is 119% above average.
Nigel Lewis, analyst at property website PrimeLocation.com, said: "With a record number of Michelin stars awarded last year, Britons are definitely acquiring a taste for fine dining. Now, more than ever, Michelin-starred restaurants are popping up outside major cities, benefitting the appetites and the wallets of residents."
Buyers will pay around £675,000 for a five-bedroom house in Elie, more than double the price in nearby Leven.
But Tony Perriam, of estate agents Rettie & Co, said: "The restaurant in isolation is not likely to be the reason. However, it's worth noting the restaurant wouldn't have opened there unless the owner knew that the market was already there for it."
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