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The Prime Property Awards bring together real estate and sustainability

January 11, 2010 News No Comments

After watching the rise and fall of the property market in 2010, many of us are still dying to know if there is a full recovery in sight or if it is best to hold onto what we have in the meantime and wait for this storm to pass. Prime property has taken its toll, just as other forms of property, but there is hope on the horizon, especially in regards to eco friendly property. The Prime Property Awards focuses on London property as well as European prime properties which are exclusive as well as sustainable.

This competition involves some of the most prestigious European real estate property investors all hoping to impress the judges and walk away with this sustainable award that is highly revered and respected.  This annual award takes on a different approach to other property investment awards as this competition involves environmentally friendly properties and highlights prime properties that hope to reduce their carbon footprint. 143 entries from 19 different European countries show that this competition has grown from last year and will continue to flourish owing to individuals love for nature and the environment.

The aim of these awards is to find prime properties that are not only contributing to the property market, but also to the preservation of the environment. Many have no yet transitioned into a more eco friendly awareness when it comes to the property sector and these awards hope to make the public aware of the obvious link between prime property and the environment.

Topical questions that are addressed from these awards include: how green is green when it comes to prime property? How much more must one pay for a more environmentally friendly home? These are just two of the concerns that the modern day developer faces when establishing a prime residential or commercial property.

The awards, judged by internationally acclaimed investors, architects, engineers, directors and other prominent individuals wish to focus on three key elements in the prime property sector. These themes are Socio-cultural Sustainability, Ecological Sustainability and Commercial Sustainability.

The fact of the matter is that green living is here to stay and had no intention of disappearing. So as we move into a new era, the Prime Property Awards are a shining example of how the property market should move with the trends and make sure that they are in line with the environmentally friendly developments for the present and the future.

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Greeks are the new Arabs when it comes to buying Prime London Property

April 16, 2010

It seems like hundreds and hundreds of the richest men, women and families from Greece are suddenly extremely interested in getting their hands on a good solid London property investment. No complaints from any local estate agents or industry experts I’m sure. But why the sudden interest in the London property market? And why is it specifically Greeks that are so intrigued by it? Let’s take a look…

It seems the fiscal crisis in their debt stricken country is the main motivation behind them moving their bank accounts from Greece and into prime London properties. Traditionally, London property for sale has always been a favourite of the Greek shipping community, but this time round it’s professionals from all industries who are looking to invest.

The sudden influx of Greek buyers has surprised and astounded London property estate agents. Man estate agents are now referring to the fashionable new high rollers as “Cash Greeks” as the buyers are wasting little to no time in getting purchases pushed through at as fast a rate as possible, many even failing to perform appropriate surveys on their newly purchased London property.

Many of the Greeks purchasing London property are actually looking to move into their newly purchased houses. It seems that Greeks, along with many other nationalities, feel that London is the entrepreneurial capital of Europe, and many are looking to start making millions in the British Capital.

Sir Stelios Hadjioannou, who founded the budget airline easyJet is a great example of a Greek entrepreneur who has made it in London. He managed to build a massive airline out of just 1 million pounds that his shipping giant dad gave to him. Many are looking to follow in his footsteps. And with the state of the current London property market, a sound London property investment is a good place to start.

Either way, this is just another factor in the ever evolving and improving prime London property market. More and more foreign investors are pouring millions of pounds into the market and the industry continues to soar even further into 2010. Let’s just hope that all the Greek investors get the London property rewards that they so “richly” deserve.

Prime London Property back in fashion for London Property Investment

April 8, 2010

Many people have been commenting on the impressive growth that the London property market has been experiencing since the beginning of 2010. As a result, more and more people are looking to get involved with London property investment by investing in a good, reputable London property fund. Let’s take a look at some of the facts and figures related to this vast improvement to 2009…

Prime and Platinum Prime London properties:

The most sought after prime property areas in London have benefited the most from the recent growth which has occurred on the London property market. The prices of prime central London property have increased by two and a half percent in March alone, and an incredible five percent over the last year. If you’re looking to make a London property investment in the near future, you can expect to pay an average of £2.2 million for a prime property.

What is even more impressive than ordinary prime central London property is the improvement to platinum prime London properties – these are properties that fit into the top 10% market value bracket of prime London property. A London property investment in this league will cost you over 3 percent more than last month and six and a half percent more than this time last year. Property investment in London is clearly experience substantial growth.

Kensington and Chelsea:

The royal boroughs of Kensington and Chelsea have also experienced phenomenal growth in recent times. Property investment companies in London have revealed that a property in these areas will cost you over three percent more than last month, adding up to an average price tag of about £2.5 million. Prime Platinum property investment for sale in this part of London will cost you almost 12% more than it would have this time last year.

Who’s buying these properties?

London property investment is becoming more and more popular thanks to all this growth in the industry. Investors from the UK, surrounding areas, Europe and most of all China are the ones who are battling it out for prime property in what has become the most expensive “property-per-square-foot” market in the world. The richest of the rich who are getting involved in London property investment market have clearly not been severely struck by the global recession and are investing wherever they can, on a medium and long term basis.

So, if you can afford it, get your wallet out and start signing those cheques. At the rate the market is growing, you could be a very rich person by this time next year thanks to your London property investment.