Now home to the largest number of inhabitants in its history, Greater London has undergone a considerable population boom over the past 45 years. A massive influx of newcomers has placed the current supply of available housing under strain, something that has driven prices upwards particularly in desirable areas such as central London. In response, developers are searching out new ways to...
Luxury property
The nationâs wealth of historic castles and country homes are attracting increasing interest from overseas buyers who view the UK as a safe place to invest. The most expensive property currently on the market north of the border is the Dall Estate, which includes a 38-bedroom house, 90 acres of land, a loch and even a hydro-electric power station. It could all yours for a cool...
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...
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...