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Home»Society»Apartment for the oligarch of real estate operations

Apartment for the oligarch of real estate operations

April 26, 2018

London has long become the birthplace of our oligarchs. There are everyone who is no longer happy in our country and, apparently, such an outflow of rich people in one place affected the growth of prices for elite real estate in London. According to the latest statistical data, real estate in the UK is steadily falling in price. The British do not have the financial opportunity to purchase housing and therefore prices fall. But the elite real estate market lives according to completely different laws, here the prices on the contrary are growing, and quite rapidly. The most popular are such areas of London as Kensington and Chelsea. For comparison, at the moment, one -room apartment in these areas costs one and a half million dollars, and seven years ago a similar apartment cost three hundred and sixty thousand dollars. That is, the growth rate of prices for elite real estate is quite significant. Who buys such elite real estate, which often costs six times more than similar housing in the rest of the UK. As it turned out, ninety percent of buyers, these are foreigners, of which fifty -five percent are residents of Ukraine and Russia, all other buyers of elite real estate are immigrants from France and Eastern European countries. At the same time that foreigners buy elite real estate in London, they practically do not live in the dwelling that acquired. Today, most apartments are empty, the owners of such real estate prefer to live in a suburb of London. Thus, it becomes obvious that the purchase of such real estate is just a sign of well -being and an expensive toy, nothing more.

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