3 Feb

London property popular with international buyers

London property popular with international buyers

Those with property for sale in London would do well to note that their homes may be popular this year with overseas buyers.

According to London property specialist Knight Frank, the Oxford area of London, and other prime areas in the city are especially popular with foreign buyers, with some 40 per cent of all homes for sale in the Oxford region being purchased by people from overseas.

Naomi Heaton, chief executive of London Central Portfolio, said: "80 per cent of our clients are international. Our view is that prime central London residential property is very desirable and anyone who is high net worth anywhere in the world, would be interested in owning real estate in this particular patch of London."

Recently, MyLondonHome said that it hopes that this year will see a boost in the London property market, thanks to the Olympic Games coming to the city in July and August.ADNFCR-1222-ID-801283903-ADNFCR

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