Why buy property in london Turkey
Buying a property in certain parts of London gives you excellent rental potential with high paid city workers constantly seeking quality properties for both short and long term rentals, for those who have given up on long commutes through the congested London traffic or the cramped tube journeys.
Anyone thinking about purchasing a property for investment, would do well to buy along the banks of the Thames, prime locations where rental prices are at their highest in the city of London, and many of the city workers have just a short walk to the office.
London the capital city of England and one of the most visited cities in the world, sits on the banks of the famous River Thames in the southeast of Great Britain.
A vast city with many sub-districts, and a multicultural population with over 300 languages spoken by its citizens who represent approximately 270 different nationalities.
London visitors are attracted by its history and vibrancy, with a host of places to see such as the famous Big Ben clock tour, Westminster Abbey, Buckingham Palace, St. Paul's Cathedral, and Tower Bridge to name a few, along with a host of museums, art galleries, theatres, in fact the list goes on, one visit is never enough.
London though a crowded city, still manages to boast more lush green park land than any other capital city in the world and its nightlife is amazing with nightclubs and bars galore, theatres, and fine dining restaurants to suit every palate.
Shopping in London is amongst the best in the world, with something to suit every budget, the famous Oxford Street which hosts almost every branded store you can think of, and you have the London markets, Portobello, Spitalfields, Brick Lane, and Camden Market for a fantastic range of fashion items.
Property in London
Real estate in London has always been in great demand both nationally and globally, with approximately 55% of London’s West End and Mayfair homes being owned by non EU overseas buyers. Despite the rising prices in prime London locations, buying a home in London is widely considered as one of the most attractive investment option.
If you are looking to buy property in London you first need to look at the different areas and your reason for buying, as London property for sale is spread over a vast area and several zones.
London’s west end has always been favourite for family home buyers and property investors looking for a healthy and secure rental income, an ideal area for both types of buyer with its brilliant transportation links and excellent schooling.
London’s east end has for many years had many run down areas, however over the past decade these areas have seen development and regeneration which has injected life back into the area with vibrant entertainment zones, and city transport links making the east end a popular place for professionals and the young creative population of London, perfect for investment purposes, with its steady rising prices.
South East London
The financial hub of London, where accommodation in London is becoming a firm favourite like never before, with its fantastic new riverside developments of modern apartment complexes with many social facilities, and some of the best city transport links. Set to become the ‘New London’ which is already becoming a very desirable place to live and a London property investment hotspot.
North West London
The leafy north west area of London is another all-time favourite for families, professionals, and celebrities with some areas being the most sought after in London commanding the highest prices with an ever increasing market and year on year increases of up to 9% in some north west London areas.
North London’s Islington, N1, has always been a desirable area for property investors, with great connections and close proximity the city and the west end, with its own lively entertainment scene. Other areas of North London are also undergoing huge developments, with King’s Cross seeing the largest development with over 2,000 new homes and a huge shopping mall with fine dining restaurants and more including a high speed rail link to Paris and Brussels, perfect for investors looking for secure rental yields and long term capital appreciation.
South West London
Has the affordability compared to other areas of London, and has recently been voted as the best place to live by readers of a national magazine, with its huge green parkland, some of the finest state, private and international schools, nightlife and accessibility with the busiest over ground train station in the country.
The centre of the city of London has always been known for its business and retail areas, however, with recent developments this area should not be overlooked by investors, with Victoria and Westminster seeing new residential complexes, and the refurbishment of old buildings such as the Old Scotland Yard and Victoria Railway station preserving some of the city’s history.
Types of Accommodation for Sale in London
With London being full of wonderful history and seeing a great deal of regeneration in many of its zones the types of property vary greatly, from old Victorian town houses, and renovated ancient buildings providing homes with story's to tell, to luxury modern apartments in large residential complexes with excellent facilities of restaurants, bars, fitness, centres, shopping facilities and more.
For further information about London property for sale and how we can find the right property for you contact our consultants at our Mayfair, London offices.
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