3
Feb
London property popular with international buyers
Those with
property for sale in London would do well to note that their
homes may be popular this year with overseas buyers.
According to London property specialist Knight Frank, the Oxford
area of London, and other prime areas in the city are especially
popular with foreign buyers, with some 40 per cent of all homes for
sale in the Oxford region being purchased by people from
overseas.
Naomi Heaton, chief executive of London Central Portfolio, said:
"80 per cent of our clients are international. Our view is that
prime central London residential property is very desirable and
anyone who is high net worth anywhere in the world, would be
interested in owning real estate in this particular patch of
London."
Recently, MyLondonHome said that it hopes that this year will see a
boost in the London property market, thanks to the Olympic Games
coming to the city in July and August.