Cheap Flats In London

Do you ever come to London working on project assignments? Or do you send teams of staff to the UK for training etc? Are you often looking for a cost-effective accommodation solution? You may find that renting a centrally located serviced apartment will be the best idea to consider.

Serviced apartments are usually located just a short distance away from the London underground, as well as the many restaurants, bars and nightlife of the city. Serviced accommodation offers the best of both worlds – most serviced apartments are larger than the average hotel room and they all have a separate kitchen and bathroom. In your apartment, you will have plenty of space to work and entertain friends or clients. Most serviced apartments offer broadband internet access for occupants. You will be able to enjoy hotel services such as cleaning whilst enjoying the privacy and freedom of your own apartment, your own base in London. Most serviced apartments are available from one night upwards.

Just off London’s famous Trafalgar Square you can enjoy staying at Citadines which has a large breakfast area where you can enjoy coffee and croissants in the morning. Embankment and Charing Cross stations are close by. You will be near the West End of London with Regent Street and Piccadilly just 15 minutes walk away. You will be able to enjoy walking down the busy bustling streets and browsing in the shops and take in a West End theatre show, being just steps away from theatreland where you can enjoy London’s vibrant nightlife.

The contemporary accommodation available is superb, much of which nestles behind the magnificent traditional facades of old Victorian buildings in areas such as Knightsbridge, South Kensington and Clerkenwell.

For the corporate traveller, London has a lot to offer. See www.gocityapartments.com  for details of over 1,000 London serviced apartments from budget studios to luxury penthouses.

The best place to invest in Europe Real estate Romania has proven to be a safe place with high capital appreciation especially in the Bucharest area. Romania is currently undergoing major infrastructural developments which will see further capital growth all over the country. “The growth trend is expected to carry on for the next 5 years” says Damien Thiery from Romanian Properties Ltd, who adds: “Romania joining the EU January 1st 2007 along with the development of tourism on the Black Sea coast and in Transylvania, will prove that Romania in the years to come will have one of the fastest growing economies in Europe”. The “Super Highway” between Constanta and Budapest which will go through Bucharest and Brasov will be a critical element in securing Brasov’s role in Eastern Europe on a long-term basis. Not to mention that low cost airlines will soon fly to several cities in Romania lead by Wizz Air who has announced scheduled flights from London Luton to Bucharest in January 2007. British citizens are increasingly purchasing properties in Romania – Romania property either as investment in Romania or holiday homes.

Where to buy in Romania

The scenery in Romania is stunning and unspoilt, the cost of skiing is very low compared to the rest of Europe, the coast is superb and the Romanians are very welcoming. As a pure investment or even as a holiday home or apartment, Brasov in Transylvania offers one of the highest potential returns as its location near the ski resorts, its infrastructural developments (new airport to be completed in 2008, “Super Highway”), and its lovely traditional town center makes Brasov one of the most sought after locations in Romania. Romanian Properties Ltd currently offers the opportunity to purchase off-plan apartments in Brasov built to Western-European standards at 900 Euro/sqm. The coast and its sandy beaches will see a high development of tourism from Western Europeans who are only starting discovering the beauties of Romania. The investments in Bucharest (shopping centers, off-plan, resales) started a few years ago, and as such the prices have already gone up in and around Bucharest. The potential, though still substantial, needs to be assessed very carefully. Prices are very cheap in rural areas but you need to be prepared to spend some time and to have renovation expenditures for your property for sale in Romania to achieve British standards.

Steps to buying in Romania

Doing your research as well as finding a well-established agent based both in Romania and in the UK are key when purchasing in Romania. No capital gain tax when selling your property 3 years after the purchase of your property makes your investment in Romania worth while. You will need to raise the cash as mortgages are currently not available yet to foreigners. Should you wish to buy a villa or a plot of land in Romania, you will need to set up a company which is a very simple process – your estate agent should assist you with it. Purchasing a new or off-plan apartment can be carried out in your name without requiring a company formation.

What’s Next

Contact Damien Thiery from Romanian Properties Ltd (0870 224 2142) should you want any advise with regards to your property purchase in Romania.

http://www.romanianpropertiesltd.co.uk

Soho Properties set to become King Sturges’ sole agent in Thailand

According to property sources in the UK, there are an increasing number of Asian investors looking to purchase property in the UK. Due to the drop in property prices and the large increase in some Asian currencies against the pound, it makes them more affordable and a sound investment.

According to the Guardian newspaper, the Nationwide has said house prices rose by 1.6% in August 2009: “The chief reason why house prices have not fallen by as much as many of us expected is that, unlike the early 1990s, interest rates are extraordinarily low. At the same time, banks are being more cautious about repossessions, because it’s the people who now own the banks.”

It seems that one of the main reasons house prices are rising again is that mortgage lending has not been extended to investors without significant deposits. The average price of a home is now £160,224 (nearly 9m baht), or 14.4% below the October 2007 peak. The Nationwide said a key factor in lifting prices was “the exceptionally low level of interest rates”, which have been kept at 0.5%.

Gary Smith, president of the National Association of Estate Agents, said: “The latest statistics from Nationwide appear to confirm that the housing market has finally bottomed out and indications are that we are hopefully moving to a point where the gradual recovery in prices witnessed this year will be sustained.

“With interest rates at historically low levels and unemployment on the rise, but when interest rates start to normalise, it could possibly result in a surge of properties coming onto the market as people are forced to sell. This, in turn, would mean that as higher interest rates emerge, finance will become more expensive, which will reduce demand and again apply downward pressure on prices.”

King Sturge, a leading supplier of property services in the UK industrial, office, retail, hotels and leisure, healthcare and residential sectors, are experts in residential land and mixed-use developments and also offer a complete range of financial services to the property sector

According to James Talbot, a partner in the firm: “We continue to hold successful exhibitions in Hong Kong, Singapore and Kuala Lumpur. We are also holding seminars on buying property in London. Since April this year we have sold in excess of £130m worth of London property to Asian buyers.” Due to the rising demand of London properties with Asian buyers, they have also started to look at other not so traditional areas. One of these areas is Thailand, where they have screened a number of local and International agents and have decided to team up with Soho Properties due to their in-depth local knowledge and enthusiasm.