Buying Luxury London Real Estate
London is one of the most desirable cities to live in in the world. Since the height of the British Empire, London has attracted residents from around the globe. The city has been home to rich and poor alike for the entirety of its existence.
In the 21st century, London continues to attract a diverse range of buyers, but the city is unparalleled in its selection of luxury properties. From grand centuries-old mansions to sleek modern builds, London has a lot of luxury real estate available.
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London Luxury Real Estate
Whenever you are entering into the market for a property, luxury or otherwise, you must be precise in defining what it is that you are hoping to find. An estate agent can help you to navigate most of the property buying process. But they cannot define your personal needs, wants, or objectives for you. If you enter into this process without knowing what it is that you are hoping to get out of it, you are going to struggle to get anywhere.
In a city as big and diverse as London, ‘luxury property’ means different things to different people. London is a city that caters to foreign oligarchs and middle eastern princes who are playing with more wealth than most wealthy Brits will ever see. The luxury properties that the ultra-rich and the regular luxury buyers look for can be very different.
London Real Estate Luxury Homes
There are luxury London properties available for every property type and niche. The diverse range of luxury properties in London, many of which come with a rich and storied history, is unrivalled anywhere else in the United Kingdom. Whether you are looking for a luxury property to run a business out of, or you are looking for the ultimate family home for you and yours, London is all but guaranteed to have something suitable for your needs.
There are luxury homes available throughout the nation’s capital. But for those who have their hearts set on owning a piece of London history and want a luxury house that comes with some history behind it, there are a few areas of London that stand head and shoulders above the rest for luxury property buyers.
Mayfair is famous for being the most expensive square on the UK Monopoly board. You don’t need to dive very intensely into the area, or its history, to understand why it has this illustrious status. Everything about Mayfair exudes luxury. Mayfair sits on the eastern edge of Hyde Park, Oxford Street marks its northern border, and to its south is Green Park, separating Mayfair from Buckingham Palace. Luxury homes in this area are among the most desirable in all of London.
On the other side of Hyde Park is Kensington, another area of London known for its luxury properties. Kensington isn’t quite as affluent as Mayfair but is still one of the most upmarket parts of London and a great place to go looking for luxury property options. Kensington, like Mayfair, has excellent public transport links. It is easy to get from Kensington to the rest of London and beyond.
While Kensington is one of the most upmarket parts of London, the local amenities will appeal to residents from all backgrounds. There are numerous expensive shops in Kensington for people who are looking for a more exclusive luxury experience. However, you can just as easily pop into the local Sainsburys to do your shopping if that’s more your speed.
As well as a range of shops and restaurants, Kensington is also home to the Royal Albert Hall, one of London’s best music venues. The Royal Albert Hall hosts a diverse mix of live acts throughout the year. There is bound to be at least one thing on their schedule that you won’t want to miss.
London Luxury Real Estate For Sale
When most people in London think of luxury, they think of Harrods. The famous department store has been a quintessential part of London since 1849. In the more than 150 years that Harrods has been operating in London, its name has become synonymous with luxury and wealth. The store attracts wealthy tourists and affluent locals alike. For the rest of us, browsing the interior of Harrods is an opportunity to get a glimpse of how the other side lives.
Knightsbridge is the area of London where Harrods is. It currently ranks as the most affluent and expensive residential area in the entire city. Real estate in Knightsbridge isn’t just among the most luxurious and desirable in London. Knightsbridge real estate attracts luxury property buyers from around the globe. It isn’t only the properties themselves that make them so valuable to buyers. The old Victorian properties here are undoubtedly beautiful, but much of Knightsbridge’s’ allure comes from its location.
Hyde Park and Kensington Gardens mark the northern boundary of Knightsbridge. To the east, it is separated from Buckingham Palace by Belgravia, which is an affluent district in its own right. Luxury real estate doesn’t come much more luxurious than Knightsbridge. Whether you are looking to invest in a luxury home for your family’s future, or you want to own a piece of property that you can subsequently sell in the future, Knightsbridge is an area worth investing in.
If your top priority when choosing your next property purchase is the luxury touch, you can’t go wrong with Knightsbridge. If you are planning on living in the property you buy yourself, Knightsbridge will put you in one of the most desirable neighbourhoods in London. If you are purchasing the property as an investment to sell it down the line, it’s unlikely you will ever have trouble selling property in Knightsbridge.
London England Luxury Real Estate
One of the first things that you should do after you have decided to purchase new property is to sit down and work out your finances in detail. You need to know exactly how much money you have available to you and how much of it you can afford to spend without causing problems for yourself.
If you are an experienced property buyer, you may well already know what to expect in terms of additional fees and costs that you need to take into account. However, if you have never been through the process before, you will need to research these beforehand and ensure that your budget accounts for all of them.
When you are purchasing luxury properties, many sellers will want to know that you are serious before they agree to sit down with you. In many cases, this means that you will need to be able to prove your financial health to them before you will be able to make them an offer. In any case, it is a good idea to gather any documentation you have to prove what your financial status is. This documentation will also help you to be accurate in your own evaluation of your finances.
Luxury Real Estate Agency London
Whenever you are buying a new property, it is always a good idea to have a qualified and experienced estate agent on your side. Most people realise this, but lots of people assume that all estate agents are created equal, they are not. When you are purchasing a specific type of property, such as a luxury property, you should gravitate towards estate agents who have experience dealing with property sales involving that type of property.
An estate agent who has already seen other people through the process of buying or selling a luxury property will already know what you should expect from your search as a buyer. An experienced agent is also more likely to have their own list of contacts that they can call upon to make your search easier. Experienced property sellers are more likely to be approached by luxury sellers as well as buyers. Because of this, they might be able to connect you with potential properties that they have yet to list on the open market.
When you opt for the services of an experienced estate agent, you reduce the chances of running into unexpected problems, and the whole process is more likely to proceed without a hitch. However, there is always a possibility of something going wrong. There will be factors that are beyond both of your control. If any unforeseen issues do arise, an experienced estate agent can help you to solve them as quickly as possible. They might even be able to resolve the problem before they have had to bring it to your attention. The time that you have to spend untangling issues and going back and forth with sellers or their representatives can end up adding on to your costs and slowing the whole process down.
Greater London Properties has helped connect numerous buyers with their dream properties over the years. In that time, we have helped facilitate the buying and selling of luxury properties throughout London. We have experience dealing with buyers from a range of backgrounds and with a variety of different objectives. You can search for available properties through our website and book a viewing of any potential candidates online today.
