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Spring’s good weather brought greater activity than expected to the prime central London property market.
However there still remains uncertainty and concern in the political landscapes in Eastern Europe and the Middle East and the economic policies of President Trump continue to have far reaching implications to the UK and Europe.
With so much negativity why is the central London property market still encouraging international buyers and investors as well as domestic investment? Our property taxes are at an all-time high, there is discontent with the present Government due to its’ unfavourable policies and yet a steady stream of buyers remain attracted by London.
The simple answer is the location, language, security, diversity and education which supersede all the current pessimism. Whilst we criticise the Government, the reality is we are in a far stronger position than many other of the leading world countries especially in Europe.
Over the last few years the market has realigned itself and discounting property prices now provide value for money and investors can see that the current levels will show growth over a five-to-ten-year period. Buyers are prepared to take a medium-term view and hold property to appreciate capital growth.
Plaza Estates has experienced an increase in turnover and our sales figures are 25% up compared to the same time last year.
If you would like to speak with our experienced staff about your property matters and how best to achieve the best results, we would be pleased to do so.
Begin your journey with a free property valuation.
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