The weakening of the pounds of sterling and the high demand of foreigners for real estate (including Thailand real estate) brought in June the cost of elite housing in London to an unattainable height.
Compared to May, the average cost of apartments and houses of 5.9 million. Dol. increased by almost 1%. In relation to June 10 g. Prices reached the level of 8%, the Lux class real estate index overcame the March threshold by two percent.
The most expensive areas – Belgravia and Holland Park offered housing at a price of 34% higher than in March 09, with a decrease in prices in the last 12 months.
Experts believe that one of the reasons why the prices of elite housing increase is the desire of foreign buyers to protect their financial risks with economic and political instability in their homeland.
Since the period of March 08, when the previous take -off of the cost of the londament class in London was observed, the pound sterling rate fell relative to the currency basket by 16%, which made high -class real estate much more attractive to foreigners.
Real Estate experts confidently talk about the popularity and increase in demand for elite apartments in London both among the Europeans and representatives of the Middle East, where the political crisis takes place.