"A unrivaled personal service they save home buyers valuable time and money in a number of competetive luxury markets"
(PRWEB) November 11, 2010
Property search agent's De Bere have launched their home finding service to encompass The Uk, France and Switzerland as weaker pound fuels rush from overseas.
De Bere Property Search is one of London's leading international property search and relocation consultants. Acting exclusively on behalf of the buyer they have over 20 years of experience in finding prestige properties in the United Kingdom, France and Switzerland.
De Bere specialise in finding high end properties for their clients at the best price often before they come on to the open market, recent clients have praised De Bere for saving a reduction in asking prices over
£1 million , one such client Peter Vilnov states "they saved us our fees at the price they negotiated at a substantial reduction to the market value"
The number of nationalities buying property in London has risen by two-thirds since 2008. The pound's weakness enabled buyers from 51 nations to buy property in the British capital in June. Chinese and Vietnamese are among the new investors.
According to De Bere property Search, half the homebuyers in prime central London, which encompasses districts such as Kensington, Chelsea and Mayfair, are from overseas. The report says 51 nationalities bought property in these areas in June, compared with 30 in mid-2008.
Foreign buyers are making their presence felt at the most expensive end of the market. They account for 68 per cent of buyers of homes valued at £5 million (HK$61.95 million) or more, the report reveals.
Their strong appetite for multimillion-pound homes means they make up more than 60 per cent of buyers in Mayfair, Knightsbridge and Hampstead.
Buyers from Russia form the biggest group at 14 per cent, while 11 per cent are from the United States.
Richard Evans Managing Director at De Bere property search, said the traditional luxury property markets of London, The French Riviera and Monaco were seeing a strong upsurge in international buyers this quarter.
"We have clients from Nigeria, Ghana, Uganda, Kenya, South Africa, Zambia, Russia, India, Pakistan, Malaysia, Singapore, Hong Kong, Greece, Cyprus, Italy, Saudi Arabia, Dubai, Egypt, Lebanon, the US and Australia," he said. " At the moment, London is particularly popular with those from India and the rest of Asia, where there is a fast-growing high-net-worth contingent and there are strong historical links with Britain."