Toby Pocock asked:
The World’s most expensive cities are those where rich international buyers congregate, and no other city is as international as London. With its time-zone and language convenient for businessmen from the US to the Middle East to Asia - all conspire to make London the leading financial centre. Coupled with its unrivalled rich heritage, culture, arts and entertainment facilities, London is continually accoladed as the greatest city in the World.
There are many benefits of fractional ownership but why should you consider a fractional in London? We have compiled a list of just some of them:
12 MONTH SEASON: Traditionally fractional ownership has been popular at Beach and Ski resorts, however, due to the shortness of the season, these units may only be used for a limited period of the year, meaning the owners do not get use out of it in key times. London provides 52 weeks of entertainment with events, exhibitions, festivals and shows throughout the year. A city where 8 million people live doesn’t really have a low season! Although many holiday makers visit London in the summer there is a whole wealth of things to do and see in the other 3 quarters of the year too! This means that whether you are in London for Spring, Summer, Autumn or Winter, you will be always be visiting London at a time when the Capital is bustling.
LOCATION, LOCATION, LOCATION! London’s residential housing market is diverse indeed. Where your property is situated will have a dramatic effect on your experience here in the Capital. Fractional ownership enables buyers to part own a residence in a far more affluent and desirable location than they would perhaps be able to if they were buying a unit outright. London Fractions only promotes fractionals in the very best areas of London including Knightsbridge, Tower Bridge, Westminster, Belgravia and Chelsea.
SAFER INVESTMENT: Due to the fact that London Fractions properties are in the best and most sought after locations means that your property has the greatest chance of consistent price growth going forward. Demand for luxury properties in key London neighbourhoods will continue and these properties are far more resilient in periods of global economic downturns.
YOUR EUROPEAN HEADQUATERS! London is ideally situated to access the rest of Europe. With 5 International airports within 45 minutes of Central London, the UK is an ideal base for anyone wanting the ability to see Europe. With the numerous low-cost flight carriers, you can (usually) fly to Barcelona for lunch for example and the flight may very well cost you less than the food!
CONCIERGE SERVICE: With priority booking for London’s top shows, events and restaurants plus affiliations to a range of private membership clubs, you can live here and enjoy all the benefits and inside knowledge of a full time London resident.
YOU CAN’T LIVE IN A HOTEL! With a fractional apartment in London – you can feel as if you have a home away from home. With beautiful kitchens, outdoor areas, lounges, multiple bathrooms and bedrooms, your environment can be enjoyed to the full. A fractional apartment also gives you the ability to entertain other people rather than having to go out every night!
FUTURES BRIGHT FOR LONDON: With the hosting of the 2012 Olympics and some £10bn of investment into facilities and infrastructure, the future of London looks as strong as ever. Approximately 65% of London’s luxury properties (£4m+) were purchased by foreign investors in 2007 and International demand is set to continue as London continues to be the economic and social Capital of the World.
TIME & EXPENSE OF WHOLE OWNERSHIP: Quite simply if London is not your primary residence and you only spend a limited time here, why pay for outright ownership? With London Fractions the entry price to the luxury housing market is slashed and the maintenance and taxes associated with the property are shared between owners. You also do not need concern yourself with the property when you are not using it as it is looked after by London Fractions’ Management.