20 Jan 20.01.2016 Estate in London: How to make profit out of further resale.
20.01.2016 Estate in London: How to make profit out of further resale.
London property attracts people all around the world. Investors acquire property not only for let but also with the aim of resale. Nationals of Singapore, Hong-Kong, China and Malaysia make up the largest number of the purchasers of real estate in London. Russian nationals hold the fifth position in this ranking and their number has been steadily growing over the last years. According to leading British estate auditors, non-residents entered in almost a third part of transactions made with the London luxury estate over the past two years.
Primary benefits of the London property are obvious:
– Prices and demand are constantly increasing
– For at least the next decade, there will be no surplus in property
– Newly built buildings are being sold with 10 year National House Building Council guarantee