Luxury Real Estate Blog and News
The ratio of mainland buyer contribution has risen back to above 30% for total transaction volume in the primary luxury market as of 2Q2016.
Buyers from Hong Kong and China have snapped up around 120 out of the 1,500 homes already sold since the project launched in 2013, according to Battersea Power Station Development Company.
Falling prices and large discrepancies in Karlovy Vary is also helping to attract more overseas property investors, says the Russian overseas property website, Tranio.com.
China has relaxed rules on property sales to foreigners, in a move seen as aimed at boosting the country's real estate sector amid a slowing economy.
A surge in visitors from China is transforming the Turkish market, with one agent seeing a 250% rise in inquiries this year.
Fosun, one of China's leading privately-owned groups, has purchased the former Milan headquarters of Italian bank UniCredit.