Crossroads of the WorldIyna Bort Caruso
As a powerhouse in commerce, the arts, education, entertainment, transportation and healthcare, London is a cultural capital and undisputed global leader in luxury apartments, condos, homes and properties of every kind. Not surprisingly, it’s the world's most visited city. Each year, millions flock to the awe-inspiring cluster of iconic districts in central London--prestigious areas boasting can’t-miss museums, Michelin-starred restaurants and internationally renowned shopping among its luxury real estate settings.
Its business climate is--in a word--hot. London’s population of almost 12 million people makes it Europe’s largest and wealthiest consumer base. It’s the leading locale for European headquarters. Fewer restrictions on commerce in the United Kingdom than other cities on the continent make for a flexible commercial environment. London also has unrivaled access to some of the world’s most experienced talent. Its workforce has creative credentials with a global reach and was voted Europe’s top city for qualified staff.
London is also highly accessible and offers unprecedented convenience for executive road warriors. It is a major transport hub, with five international airports that provide direct flights to more than 450 destinations. High-speed train connections to Paris, Brussels and other cities of note are a major perk.
The historic city’s stunning luxury residential properties are considered some of the finest in the world, with the neighborhoods of Knightsbridge, Belgravia, St. John’s Wood, Kensington and Chelsea topping the list of coveted postcodes. Their rich and varied architecture ranges from stately 19th century mansions to elegant piano nobile apartments overlooking garden squares, ideal for establishing first or second homes. St. John’s Wood and Hampstead are increasingly known as family-friendly areas.
The diverse city is highly attractive to overseas buyers for its legal, financial and school systems. Its 43 universities and colleges form the largest concentration of higher education in Europe. Add to that relatively lenient residency laws and the result is a sustained luxury housing market fueled by an elite contingent eager to put down roots in this accommodating and welcoming city.