As the US dollar increases, the result of the political and economic uncertainty has created a desirable outlook for Middle East investors looking forward to buy property in the UK.
According to Global Real Estate outlook reports focus on London and Manchester as cities that show a great potential for investors.
The fall in the sterling has caused the currency situation fall cheaper for dollar pegged Middle East investors to buy assets in the UK.
According to Richard Bradstock. Director and head of IP Global, Middle East, said: “Now is the right time to take advantage of the Brexit currency opportunity to enter into the medium and long term potential of the UK market as well as European cities such as Berlin.”
Reports from China’s biggest international property portal suggested that buyer enquiries into the UK property were up by 40 percent.
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