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Prime Central London Property in Hyde Park is selling like Hot Cakes!

Property agents in London are witnessing a positive period due to all time record high prices for selling property in prime London

PRLog - Nov. 23, 2012 - HYDE PARK, U.K. -- Real estate trends in London are showing varied facts and figures regarding slow moving property prices and rentals, but surely prime residential property in central London and its superlative areas like Hyde Park are consistently growing even in the present fluctuating scenario. This clearly shows that not only is the demand in the luxury homes sector on the rise, but buyers are also readily accepting dearly priced apartments, especially the more affluent class of buyers who prefer buying prime property irrespective of how expensive it is.

For these reasons, Hyde Park, which has a wide range of luxury apartments available for both renting and buying purposes, is becoming popular among the wealthier investors. For instance, the Lancasters is a recent development which has over 75 new residential flats which offer stunning views of the charming lush greenery of Hyde Park and further. The most astonishing part of homes in this development is that regardless of the fact that they are being sold at a costly rate of £3,500 per sq ft and above, Lancasters still stands sold up to almost 90%!

These statistics also indicate that the present market of real estate investments is only focused on the high-end or prime property buyers who can afford more expensive homes. As in the case of Lancasters, these high profile apartments in the central London area are also suggestive of the fact that there is abundance of homes for those who wish to buy super-prime and thus, expensive homes. This is also because areas like Hyde Park are known for their cream of the crop image and the richer buyers who prefer to stay with people of the same strata and class, will buy an apartment in Hyde Park just to ensure the same class in vicinity.

Since the residential property in Hyde Park is being sold to various buyers at higher prices, the property rentals too are in the landlords’ interest as they are also meant for the top-end market.

Other upcoming new developments are also located in popular upmarket areas like Chelsea & Fulham, South Bank, City, and highly modish and fashionable area of Kensington. There are nearly 125 new residential development plans coming up in London’s other prime areas also.

Our website visit at http://www.instyleapartments.co.uk/hyde-park

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Source:Instyle Apartments London
Phone:44 (0)20 7262 0932
Zip:W2 2TH
Location:Hyde Park - London, Greater - United Kingdom
Industry:Real Estate
Tags:london property agents, rent apartment london, rent in london, london rental apartments
Last Updated:Apr 24, 2013
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