The news comes as property prices in London have dramatically sky-rocketed over the last few month, sharing the very same investment opportunities that have also been very prominent across many parts of the world. Recently becoming highly popular in European destinations, there has been for over a year much activity within The Balearic Islands, commanding massive increases in property prices as super rich international investors seek a sliver of Spanish sublime sophistication.
The Balearics, containing such popular holiday destinations as Mallorca and Ibiza have proved to be more than a major investment point for international investors, providing rich foreigners with luxurious party destinations and the location for wealthy buyers to live full time, running their business operations from luxury Balearic Island homes. Managing Director of Sotheby’s International Realty, Daniel Chavarria Waschke stated that:
"Never before have so many €5m villas been sold in one year. This is record-breaking. The Balearics have the highest foreign resident population in the whole of Spain at 20.1% and it's this nationality mix that keeps our property market so resilient.”
He mentioned that it was German investors who were the biggest buyers, with Britons following the lead and a surprising interest from Chinese, Middle Eastern and other non-European nationalities making up the pack leaders.
London based domestic and international removals specialist Top Removals maintains a close eye on relevant industry news, developments and research. A spokesperson for the London Company believes that many more similar global locations will experience large growth in investment popularity, saying:
“The news of such investment opportunities is great for domestic and international removal companies, Top Removals included. Showing that there is a genuine and rapidly growing interest in investment opportunities abroad is only fuelling the demand for professional services for our company. This is allowing us to continue providing an outstanding service for an expanding number of international investors, both taking interest in London Properties and UK investors seeking out overseas property investments.”
Top Removals carry out a large number of contracts across the nation’s capital, in addition to operating nationwide and internationally too. Energised by the increase in demand for overseas investments, especially within The Balearics, they are experiencing a prominent rise in the number of international enquiries for their removal services.
Established more than a decade ago, Top Removals excel at providing a comprehensive array of services within the relocation/removal business. Recognised as a competent and motivated company offering excellent customer satisfaction and valued services, they invite you to enquire about their international removals price quotes via the website at www.top-removals.co.uk today.