Samir Salya on the Luxury Property Show in London

Luxury property investment can no longer be considered a niche market. Interest is growing all around the world, and recent information released by Christies International Real Estate backs this up. The data from May 2017 showed that the top ten reported property sales globally were all priced at more than $100 million for the first ... Read moreSamir Salya on the Luxury Property Show in London

Samir Salya discusses the London luxury flat market

Despite a flat market due to the uncertainty surrounding Brexit, it looks as though there is life in the luxury apartment sector in London. Billionaire developers, the Reuben brothers, are demonstrating their faith in the luxury flats market in central London. They have sold 45 luxury flats based in Paddington in less than two months. ... Read moreSamir Salya discusses the London luxury flat market

Samir Salya looks at who is investing in Central London

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The latest figures from London Central Portfolio show that homebuyers of luxury property represent 45% of all sales in prime central London. This is three time as many as the previous 12 months, due to the increasing discounts available. This has resulted in an increase of transaction numbers in luxury sales. There was a 23% ... Read moreSamir Salya looks at who is investing in Central London

Samir Salya discusses investment in London property

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Residential property prices in many boroughs of London have dropped year-on-year from September 2016 to 2017. Many of the areas that are seeing falling prices are the traditional premium strongholds. For example, the Royal Borough of Kensington and Chelsea has seen prices fall by more than 10% year-on-year. Furthermore, the price drop has almost solely ... Read moreSamir Salya discusses investment in London property

Samir Salya discusses London luxury property prices

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Brexit uncertainty, along with tax changes introduced by the government will lead to a fall in prices of luxury homes in central London, according to Savills. The property experts forecast that the market will remain fragile among all of the uncertainty, and that the prices will fall 4% by the end of 2017. Further, Savills ... Read moreSamir Salya discusses London luxury property prices

Samir Salya looks at one Dubai developer with designs on London

Dubai-based Sobha Group is planning to diversify its portfolio and take on developments in London and the Philippines. This will be in addition to its large-scale plans in Saudi Arabia through a partnership with a US based firm. Drive for overseas developments The Sobha Group is known for its premium projects in Dubai, along with ... Read moreSamir Salya looks at one Dubai developer with designs on London

Samir Salya on the latest price drop for London’s luxury real estate

There has been a 7% slump in the luxury housing market for the UK’s capital, thanks to high stamp duty and the uncertainty cast by Brexit. However, there are signs that the market is bottoming out and better times could like ahead. Average cost down According to real estate experts Knight Frank, the average cost ... Read moreSamir Salya on the latest price drop for London’s luxury real estate

Samir Salya discusses London property prices

Official statistics show that London is losing people from every age group, apart from those in their twenties. People from all other age groups are leaving the capital due to the extremely high property prices becoming unsustainable. Five-year high Last year, up to June 2016, people leaving London (net outward migration) reached 93,000 people. This ... Read moreSamir Salya discusses London property prices

Samir Salya on London’s build-to-rent boom

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A new breed of hotel-style homes for renters in London are springing up due to the affordability crisis surrounding getting on the housing ladder. Property prices are fast outstripping wage increases in London, which has led to many people simply not being able to afford to rent. Developers have come up with a way to ... Read moreSamir Salya on London’s build-to-rent boom

Samir Salya discusses the rise of micro-apartments in London

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Proving that the old adage ‘location, location, location’ is still the over riding factor for property buyers, tenants in London are turning more to micro-apartments. Research shows that the market in prime central London is experiencing an increased demand for tiny apartments as long as they are in the correct location. The research was analysed ... Read moreSamir Salya discusses the rise of micro-apartments in London