London
London nowadays is universally considered the “capital of the XXI century”, not only in Europe but all around the world: it is in the van, among the others, of the financial and political fields, of the architectonic and the cultural areas. It is a cosmopolitan town, where around 8 milions people from all over live together.
The number of tourists that every year visits London is around 15 milions, twice the number of persons actually living there. Not to mention the great number of foreign people settled in London (866.000 from Asia, more than 700.000 from Europe, 379.000 from Africa and 343.000 from the Carribean). However, none of the other European capitals is marked by such a specific style as the capital of the “British way of living”.
Few days, or even some months, aren’t enough to get to deeply know the town, indeed some years are needed. But most of the times people looking forward to buying a property in London can spend just a little time there. This is why N3Discover was conceived to offer to the increasing number of Italians a help in finding a good investment or a place where to live.
The number of tourists that every year visits London is around 15 milions, twice the number of persons actually living there. Not to mention the great number of foreign people settled in London (866.000 from Asia, more than 700.000 from Europe, 379.000 from Africa and 343.000 from the Carribean). However, none of the other European capitals is marked by such a specific style as the capital of the “British way of living”.
Few days, or even some months, aren’t enough to get to deeply know the town, indeed some years are needed. But most of the times people looking forward to buying a property in London can spend just a little time there. This is why N3Discover was conceived to offer to the increasing number of Italians a help in finding a good investment or a place where to live.
Market
Investing in London is an effective alternative to the traditional ways of investing and no doubt it is comparing to other european real estate markets. The English market is well developed and its value is determined by the secure investment profitability and by the progressive reassessment of the invested capital. It is not by chance that in London the 30% of the purchases is done by those who then will use the house for themselves while the 54% for rental purposes and the 16% by people who intend to resell in the short period.
Prices
The average prices of houses in the UK have been in non-stop increase for many years, especially in the last 6 years from 2001 to 2007 there has been a sudden rise. Just at the end of 2007 the prices were affected by a slowdown due to the troubles occurred in the financial market, but this is not to be considered as a “prices fallen”, rather it is a greater opportunity for foreign investors , that can finally play a decisive role in a usually steady market.
Safety
The safety of an investment in London is proved by macroeconomic indexes, that recorded an yearly average increase of the 2,9% of the gross domestic product in the last 15 years.
All the international analysts agree that this is the right moment to decide to invest in London. The main reasons are:
All the international analysts agree that this is the right moment to decide to invest in London. The main reasons are:
the prices are now fairly steady;
the quality of the offer is undoubtedly increasing;
Olimpic Games 2012
In addition the Olympic games are going to take place in London in 2012. This huge event is a true occasion to clean and to restore areas now decayed and this renovation will particularly take place in East London.
It is also planned a great improvement of the public transport - including a new tube line from 2010 (the East London line) and three new railways to ensure wider connections.>”
It is also planned a great improvement of the public transport - including a new tube line from 2010 (the East London line) and three new railways to ensure wider connections.>”
