The number of «eastern» buyers of housing in London «skyrocketed»

23.03.2011 00:15
Articles about real estate | The number of «eastern» buyers of housing in London «skyrocketed» The sharp rise in the number of buyers and renters of residential property from the Middle East, particularly in the areas of Knightsbridge and Belgravia, is due to take place in the region, events, say realtors.

According to Simon Godson, a specialist department of housing sales company WA Ellis, «buyers from the Middle East tend to come to London in search of shelter in July, but since the beginning of the year we received a huge number of requests. This is mostly due to the unfolding conflict in the region. "

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"London seems to them to secure a piece of paradise, both financially and politically, so they are such a pleasure to invest his own money. Most buyers are guided by the price range of 3 to 5 million pounds and opt for homes that are located no farther than walking distance to the store "Harrods", and therefore so is demand areas of Knightsbridge and Belgravia "- continues to specialist.

Lucy Morton, Managing Partner, Residential Lettings, said: "We also noticed a sharp increase in demand for rental property among the inhabitants of the Middle East over the past six months. Many of them had just arrived in London in search of a removable housing that can be immediately to rent. We did not expect such a stream wanting out of this part of the world in this time of year. "

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Content tags: Overseas property
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