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Sales Market Comment May 2013

By Eitan Fox // Thu 23^rd May 2013

Whilst emerging BRIC’s markets ensure that investment remains steady, fuelled by a weak pound.

With the latest Euro drama and subsequent rescue of the Cyprus economy, the new precedent set, means people with cash deposit in France, Spain, Italy and Portugal will increasingly consider property investment in the comparative safe haven of the prime central London property market.

Whilst emerging BRIC’s markets ensure that investment remains steady, fuelled by a weak pound. It seems that analyst will have to revise the growth of the prime central London property market, as low stock levels continue to force buyers to manouvre to get in the best positions to by the most desirable properties.

We have experienced five sealed bids just this month due to the multiple offers on properties. With the warmer weather upon us, the market is definitely heating up!

Sales Director (Knightsbridge)

I started at Plaza Estates in 1986. Eleven years were spent successfully running the Marble Arch office. Subsequently, I was asked to take on the exciting challenge of running the Sales Department in our Knightsbridge office. I have built an experienced team with the ethos that local knowledge, hard work and professional service will always provide success to our clients. With ever changing technology of which Plaza Estates are at the cutting edge of, I have often been asked, with over 30 years in the business, how I retain my enthusiasm? I am delighted to say many of our multi million pound clients are genuinely my friends and I have a great passion for people. My staff and I never forget that this challenging industry ultimately is a 'Peoples Business'. Therefore I would welcome the opportunity to help you with your property needs and hope you will allow our fully equipped and motivated team to provide you with their professional assistance.

Contact: [email protected]