Sunday, September 23, 2012

UK Luxury Property Market Experiencing a Boom


Where are buyers from Europe and Asia going to protect their investments from the fluctuating economies of the Euro zone? Many of the most cautious investors are heading to London, where there is a £38bn development boom in the most high-class neighborhoods. There are plentiful upscale developments in the planning due to the increasingly strong demand for expensive housing within London. Foreign investors are flocking to the capital in a bid to locate stable and low-risk investments that are not affected by the present turmoil we see going on in the international financial markets.


What's in the Plans?

The number of high-end housing projects that are either being produced now or in the plans for the near future were up by some 65% during this past year. If that's not impressive enough, another 15,500 units are being planned for delivery by the close of 2021. When those projects are completed, they will cover an area matching that of the 2.5 sq km Olympic Park located in Stratford, according to the building consultant firm EC Harris. What is the estimated market value of these properties? A mere £38bn!

Why Invest in London?

Foreign buyers love London. No doubt about it. But it is not for sentimental reasons only. The proof is in the pudding. London is a prime property market that consistently outperforms investments in other major cities such as Paris, Hong Kong or even New York City. Market prices in London's top selling market have risen nearly 50% since 2009, and they do not seem to have hit the top yet. This incredible growth has served to attract the most seasoned developers, savvy equity companies and individuals of high wealth as they stash their billions into London property. The market today is seen as ideal for long-term investors such as pension funds that will provide a stable and secure return.

14 comments:

  1. GOOD article !
    you are right friend many people choose London to invest their money so that their money is safe and they also got some profit.

    ReplyDelete
  2. The article is very informative from the point of view of investors.Obviously any good investor will look for zero risk investment. The plan of housing projects as mentioned above looks an excellent plan if it goes well. Also I agree that London is one of the best metropolitan place that people would love to be part of.I think this article should be shared on all kinds of pubic media as many people will be benefited by this.
    Sima

    ReplyDelete
  3. The house is very cute. I like the location and interested in buying this kind of house. Your article gives more interest to buy a land there

    ReplyDelete
  4. Buying homes these days is a great investment. In the uk I have family who buy homes for up to 50% discount and wait several months and re sale them for a huge profit. Great blog here. Thanks

    ReplyDelete
  5. Luxury Property Market is now blooming everywhere, and London is much better as the capital of United Kingdom.

    ReplyDelete
  6. I am truly attracted by this house. It is my dream home. London is one of the best international cities in the world. And it is a good idea to invest there.

    ReplyDelete
  7. Given the uncertain time of the euro-zone, I completely understand the reason for which these investors choose London.
    The reason is the fact, first, that the pound is the strongest currency in the world, second order, in England seems to be the market price have increased by 50%

    ReplyDelete
  8. Real estate is the best investment. One plus point of real state is that it is passed on to the generations very easily. It is a form of investment which gives you return in accordance to the inflation. Property in a city like London is desire of every real estate lover.

    ReplyDelete
  9. England has always been a fascinating place for property lovers and land owners,and the ever rising market price is the prove for it and in future its going to touch great heights......

    ReplyDelete
  10. It is indeed one of the best ideas to be putting money into real estate investments. And while real estate escalates to a successful boom investment, London is the ideal place to be the receiving basin for such.

    ReplyDelete
  11. As we all know, London is the world's financial center. Investors try to put their lack in investing luxury houses in this high class country.

    ReplyDelete
  12. that's a great deal in the country of dreams...London

    ReplyDelete
  13. London is a great place indeed for foreign buyers. I hope they will keep those kind of activities to sustain the needs of this innovative world.

    ReplyDelete
  14. Many foreign bought a house in London because London is good country. And so, many foreign are investing in London.

    ReplyDelete