Why Investment Property In London Is A Wise Choice
Even though the global economy is in turmoil, London property investment is booming. London offers many exciting opportunities for investors. These include commercial, residential, hotel, land and development, and hotels. London property is a great investment because it is in high demand and attracts premium rents. It is also expanding. Investors have low risk and reap the rewards. London property investment is sound for many reasons.
London's property market is very attractive when compared to other international markets. London is multicultural, offers a high standard of living, and is a desirable place to live and do business. London is a financial hub with great real estate opportunities for global occupiers. This allows for global capital to flow into the market. You can also surf the internet if you are looking to buy property for sale in London.
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The UK property market is transparent, which is another advantage. The UK property market is transparent and easy-to-understand thanks to extensive independent research, data, and industry scrutiny by advisors, equity analysts, and the media. UK investors have access to a friendly regulatory environment and tax system that allows them to transfer funds and own their assets.
The devaluation in the sterling pound has made London property more affordable. It is a smart and modern defensive move to invest in the sterling pound instead of riskier currencies. Capital growth in central London averaged more than 8% per annum. Over the past 15 years, this includes the credit crunch downturn. This is a double in value every nine years. The annual gross rental return is approximately 4.5% after taking into account rent and capital expenditure.