Luxury Real Estate Blog and News
There was a significant rise in the number of commercial property investors ploughing money into Manchester’s office property market during the first six of the year, according to Savills.
A vast luxury property in London's Admiralty Arch, overlooking Buckingham Palace, could sell for up to £150 million ($197 million), the Evening Standard newspaper reported on Tuesday.
One in five London properties listed for sale are now priced at £1m or more, with Westminster having the highest number in the seven-figure range.
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.
Property prices per square metre have risen by 432% in Greater London against a national average increase of 251% over the past two decades, according to new research.
Bill Dunster OBE has designed micro homes on stilts above car parks and ride spaces, which can save space and decrease cost for homeowners.
Due to international buyer demand, luxury apartment buildings are becoming increasingly like hotels, with similar concierge and lifestyle amenities.