You've successfully copied this link.
Foreign buyers behind half of £2m+ home sales in London
Over 50% of London's most expensive homes sold in the last 12 months were sold to wealthy foreign buyers.
Chinese buyers accounted for 2.8% of all London properties worth more than £2m between March 2012 and March 2013, with Hong Kong buyers accounting for another 1.8%. Those from Russia, the United Arab Emirates, the United States, eurozone countries, India and Switzerland were other major buyers.
This large influx of foreign buyers has resulted from the combination of buyers looking for stable safe-haven investments, as well as the increasing appeal in property with the weakening pound against its rival currencies.
Read more on The Guardian.
Loved this article? Sign up for free to get Juwai China Market updates!
Resources
Contact Us
- Shanghai: +86 21 6015 9000
- Hong Kong: +852 5804 4670
follow
Juwai
WeChat!
Juwai.com
Our Chinese consumer site, Juwai.com, is the largest Chinese international property portal and the market leader in China. + See Juwai.com site
Juwai Asia News
Subscribe to receive the latest news on Asian buyers, the Asia market, and Juwai.
2020 © Juwai. All Rights Reserved. Privacy Policy | Terms of Service
