Luxury Real Estate Blog and News
The most expensive one bedroom flats for sale are all in London with the most expensive having an asking price of almost £5 million, almost 22 times the average price of a property in the UK.
More than half of the 1,900 ultra-luxury apartments built in London last year failed to sell, raising fears that the capital will be left with dozens of “posh ghost towers”.
Landlords who rent out flats on websites such as Airbnb for months at a time face new restrictions under proposals put before the Scottish Government.
A Malaysian fund has agreed to buy a direct stake in London’s Battersea Power Station in move that values the building at £1.6bn.