Table of Contents
Maybe many of you don’t know, apartments in London are the number 1 property investment commodity in the world. Indonesia is indeed a country with low interest in property investment in London. This is due to the lack of openness of Indonesian investors to accept foreign markets such as London. Therefore information channels about apartments in London are becoming scarce.
In fact, savvy international investors have invested their wealth in London for a long time and have managed to reap very significant profits compared to other countries’ investments. Unfortunately, the Indonesian people are not given the opportunity to understand more about the advantages and conveniences of investing in apartments in London.
This article will explore some of the factors you need to know about the reasons, advantages, location, how to buy, and arrange an apartment investment in London.
Who are apartment investors in London
From the Asian continent, Singapore, Hong Kong, Malaysia and China are important players. Plus European countries such as France, Germany, Russia, Denmark, Switzerland, Norway, Italy, Spain are common investors for apartments in London. Not lagging behind in the Middle East, the world’s oil conglomerates are also one of the enthusiasts for apartments in London.
10 reasons why investing in London is loved by world investors
From a macro perspective, London is divided into 6 zones. Zone 1 is the most central and most expensive location in terms of property prices, Zone 6 is the location farthest from the city center. Apartment prices in London zone 1 are in the range of £1 million for a 1 bedroom type.
Apartments in London Zones 2 and 3 have a much higher demand than other zones for now. Especially in the east (East of London) which is being transformed by the government together with private developers to become a new business center.
One important thing you need to know when investing in an apartment in London is about arranging the rental and selling once your apartment is ready for occupancy. As I said above, property in London is the number 1 destination for investors in the world. Therefore, property agents in London are familiar and very experienced in helping international investors in terms of renting and selling. You don’t need to fly to London to take care of it. All can be done easily via email.
Credit can only be applied 6 months before your property is completed. And for now, there is no bank that can provide loans to buyers