Who are the New Property Owners in London’s Most Exclusive Borough? Mayfair is known as one of the most luxurious and exclusive boroughs in London, but the demographic of the neighbourhood has been changing. Who now has addresses in this high-end London borough? Mayfair has started to become a resort village for the young and the super-rich. Many wealthy 20 and 30 somethings have started to move to...
Luxury property
Dubai, being the financial and business centre for both United Arab Emirates (UAE) as well as the Gulf region, has always looked to the future. Over the last 10 years there has been extremely fast growth, providing great appeal for property buyers and developers from overseas. This has mainly been in the form of luxury properties and spectacular man made islands, something for which Dubai has become...
Halifax Estate Agents announced new figures that see a huge rise in the sale of Million Pound Homes in England and Wales. In fact figures have doubled over the past 12 months. Halifax Estate Agents, said there were 7,076 home sales in excess of £1m during 2006, up 97% on the 3,600 recorded in 2005. The bulk of million pound homes are from central London. Postal...
Property prices in the UK are forcing first time buyers and established home owners alike to consider buying luxury property abroad. Caroline Murphy, Sales Manager of Dream Overseas Property in Brookeborough in County Fermanagh, confirmed that her firm was getting more enquiries from people who are unable to get onto the property ladder in Northern Ireland and are interested in buying...
Marr international Ltd a UK based property marketing company have found that Golf Courses are proving key factors when selling millionaire homes. Whilst marketing a 4 million dollar luxury home from Palos Verdes Estates California they found that overseas buyers would have discounted the Californian home if it was not for Google Earth calculating the distance from the house to Trump National Golf...
Property in London UK is experiencing an unprecedented property boom for it’s luxury property. The United Kingdom's capital is attracting the wealthiest property investors who have big bucks to spend. These individuals are not fazed by huge price tags never seen before in the UK. The consequence of this inward investment in London’s property market is that demand is outstripping supply....
The New York Times reports that US millionaire home owners are having a hard time selling their homes and are turning to wealthy tenants to save the day. Jack Cohen, a developer in suburban New York, is having a difficulty selling a house that he built and put on the market for $3.75 million. Sheldon Dubrow, who is also a builder, is finding selling his Millionaire home in...
Owners of million pound homes appear to be increasingly turning to the internet as they strive to sell their property in a market which can pose many challenges to sellers.The sale of a home which is over the million pound mark is a practice substantially different from selling other types of real estate, with genuine luxury home buyers proving a rare breed within today's market.In response to these...
The popularity of luxury properties in Canada is currently on the increase, according to a new report. A study by Canadian real estate company Re/Max has reported that the demand for this type of property has reached an unprecedented level. According to financial group Canoe Money, the real estate agent reports that the rate at which expensive home sales are increasing has never been seen before in any...
The price of prime central London property is growing at its fastest rate for five years, according to one leading estate agent. Knight Frank reports that prime property prices in central London rose almost 15 per cent year-on-year in April, the 16th consecutive monthly rise and the highest jump for five years. Liam Bailey, head of residential research at Knight Frank, said that the boom was actually...