The spring of 2021 saw a surge in demand for luxury real estate in London. Some of the most active buyers were Russians with net assets of 30 million euros or more. Thanks to their activity, demand in the London luxury housing market has grown by 50% compared to the spring of 2020, when the coronavirus pandemic peaked.
The main reasons for the popularity of residential properties in the UK capital include:
This city can rightfully be called the center of business life. The largest number of multimillionaires is concentrated here in comparison with other cities in Europe.
What is the cost of luxury housing in London?
Average prices for premium residential properties in the UK capital are higher than in most regions of Europe. But even this does not diminish the ever-growing demand: