Investing in Notting Hill Real Estate
Posted by London Editor | Posted in Local Economy | Posted on January 08th, 2009
Tags: real estate
London’s real estate market has been quite popular in recent years, as one of the world’s hottest markets for both residential, commercial and investment property. While the financial district in the center park of the city remains one of the most active, vibrant property markets in all of Europe, Notting Hill has a unique character that has made it increasingly attractive to families and real estate investors alike.
Located near the popular Hyde Park area, Notting Hill real estate has become trendy in recent years, with many wealthy families selecting the areas private garden homes over more traditional homes in other parts of the city. Many buyers are attracted by the unique stucco architecture and friendly social scene. With square of properties ringing Ladbroke Square, near the Portobello antique market, has emerged as one of London’s top property markets.
Despite a recent down turn in the global real estate market, a number of top homes in the area are selling into the millions, with prime locations near the city square. Younger families can find attractive flats for less than half a million pounds, and there are still many attractive locations for sale in the area. Notting Hill remains one of the most popular locations in West London for new buyers, which has led to a quick closing time for the majority of properties in the market. Investors throughout Europe continue to buy vacation homes in the city, focusing on traditional Victorian housing, as the market remains much more active than many other regions. Considered a prime “bohemian” destination, Notting Hill is as popular as ever.
