EDINBURGH, Scotland — Scotland’s most expensive house for sale, an 18th-century mansion with 85 rooms, had its price slashed for the second time this year as the global economic slump curbs the enthusiasm of millionaire buyers.
The owner of Yester House, 23 miles east of Edinburgh, cut the asking price to 8 million pounds ($12.7 million) after failing to attract offers at $19.05 million. Italian-American opera composer Gian Carlo Menotti’s adopted son originally put it on the market for $23.8 million in August 2008.
“A lot of people were interested before the world started to go to pot,” said John Coleman of Knight Frank LLP, which is marketing the house.
Yester House, designed by Scottish architects, was commissioned in 1697 by John Hay, the 2nd Marquess of Tweeddale, whose family occupied the house until 1967.
