UK Real Estate Developer Offers Advice to GCC Investors in London
A study conducted by Barratt London has pinpointed crucial considerations for GCC investors in the London real estate market and emphasized on the importance of transport connections and access to green areas.
Wed, Mar 13, 2024 11:00pm
2 min
In a study carried out by Barratt London and executed by YouGov, involving a survey of 1,000 adults, key considerations for selecting a property location in London were uncovered, offering essential advice for GCC investors looking at the UK’s capital for real estate opportunities.
The research highlighted the significance of being near London’s comprehensive transport network as a primary concern for all age groups, followed by the necessity of easy access to local amenities. This includes proximity to shops, leisure centers, and dining establishments, with 64 percent of participants stressing this point.
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Investment Insights for GCC Buyers in London
Accessibility to parks and natural environments was also a high priority, with half of the respondents deeming it a vital consideration.
Opinions were split regarding the preferred zones within London, with Zone 3 being the most popular (14 percent), closely followed by Zone 2 (13 percent), and then Zone 5 (11 percent).
Notably, the survey indicated a connection between age and preferred location, with individuals aged 18-44 favoring Zones 2 and 3. In contrast, the 45+ age group showed a preference for Zones 4 and 5, offering a quieter environment away from the city’s central areas.
Stuart Leslie, Barratt London’s International Sales and Marketing Director, commented on the findings, underlining the adventurous nature of investing in foreign real estate markets. He pointed out that the survey reveals critical considerations that are essential for GCC investors embarking on the London real estate market. Amond these considerations are the accessibility to transportation links, the convenience of local amenities, and the presence of green spaces, all of which are pivotal for making informed investment decisions in the capital’s property market.