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News: Rip-off London strikes again

Fri, 18 Jan 08

London is world’s most expensive city for residential apartment buyers...

According to a new Global Property Guide report,  flats in Prime Central London are out of reach for all but the most affluent residents, with prices ranging from US$21,800 to US$36,200 (£10,960 - £18,214 or €16,305 - €27,095) per sq. m.

Expensive Prime central London locations include Belgravia, Chelsea, Mayfair, Notting Hill, Knightsbridge, Regent's Park, South Kensington and St. John's Wood.

Prices in other luxurious areas in London such as Wimbledon, Hampstead, Richmond, and Wandsworth range from US$14,142 to US$19,361 (£8,675 - £9,719 or €10,560 - €14,458) per sq. m. These are also among the highest in the world.

 

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