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One Third Of London Residences Are 2nd Homes

Category: Real estate, Posted:07 Mar 2012 | 06:00 am

An interesting read was an International Herald Tribune story quoting brokerage house Savills market research that "one third of central London residences are now investments or holiday houses.
Kicking up the volume in transactions is momentum going into this year's Olympic games. Investor sentiment has also been keyed by a track record of sustained rental yields.
Holiday rentals typically are fully furnished, have Wi-Fi and personal belongings of owners are safely stored award. Commissions average 15% in this segment. One prominent business model mentioned in the piece was a company called One Fine Stay who specialize in the sector.
Viewing comments in the article ongoing yields range from 5-6% in the market but certainly bank financing and a stabilized environment continue to driver property investors to London.

Other News

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Thailand’s Sandbox Is Not A Quarantine

Category: Tourism, Posted:12 Jun 2021 | 10:45 am As we are 19 days away from Thailand’s Sandbox tourism reopening in Phuket, there continues to be a misunderstanding of the overall rules and the term quarantine is incorrectly used. Quarantine by definition is isolation, whereby Sandbox travelers will be able to move throughout their hotel, visit beaches, restaurants, shops etc. Remember Phuket is about […]
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C9 Hotelworks Releases New Krabi Report

Category: Hotels, Posted:07 Jun 2021 | 06:00 am Comparing major Southern Thai resort destinations, Krabi is one that historically balances well between the international and domestic markets. In the new Krabi Hotel Market Update from C9 Hotelworks, we take a look back at pre-Covid trading to examine from what point hoteliers hope tourism will upcycle towards recovery and what will the trends be. […]
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SHA Plus Program In Focus

Category: Hotels, Posted:06 Jun 2021 | 13:17 pm A key part of the upcoming Phuket Sandbox reopening process is the requirement for incoming international travelers to stay in an SHA Plus hotel for 14 days, or shorter if only visiting the island. Those who want to travel onward to other destinations in Thailand can proceed after a 14-day period. As travelers are scrambling […]