Best places to buy property | The National

Best places to buy property | The National:



"Property investors have beaten a path to London in recent years, drawn by its weak currency, safe haven status and relentless house price growth.



Every time a new crisis strikes, whether it’s the Arab Spring, euro-zone meltdown or emerging market turmoil, nervous investors around the world seek to park some of their wealth in London.



Middle Eastern buyers were responsible for 7.5 per cent of all prime residential real estate sales in London in 2012, according to Knight Frank.



And up to 70 per cent of newly-built homes in prime London locations are now bought by overseas buyers, led by Nigerians, French and Greeks, figures from Chesterton Humberts reveal."



'via Blog this'