With more than £600 million spent in the cities property investments over the past three years, it is clear that the London property market is becoming a safe investment haven for many African investors specifically those from Nigeria, Ghana, Congo, Gabon, Cameroon and Senegal.
Luxury London homes attract many of Africa’s biggest spenders
London, one of the most visited cities in the world, has been attracting the likes of a host of wealthy African investors as it sees African buyers spending up to £4 million on property in the city each week.
Amongst the big spenders, it has been noted that the biggest purchases and investments have emerged from Nigerians who have spent over £250million on homes in the city in the last three years.
In an article released on CNN, it is suggested that the influx of African Investors into London may be due to the recent Ebola epidemic as well as terrorism activity from groups such as Boko Haram.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Peter Obi breaking fast with Muslims in Abuja mosque gets Nigerians talking
Video of weird school competition shows young students licking one another's feet
UniCal records highest number of first class graduates in 49 years
Army announces names of 17 soldiers killed in shocking Delta attack
Ooni wants Ile-Ife, Modakeke indigenes to live together peacefully
'Politics is not about being negative every time' — Peter Obi
Army thinks Okuama community planned shocking murder of 16 soldiers in Delta
27,600 Benue women to receive grants, loans for business growth, self reliant
₦184 million per street light project and other shocking figures in 2024 budget
Pulse Sports
Super Eagles Bright Osayi-Samuel punches pitch invader as violence erupts following Trabzonspor vs Fenerbahce
Naija Stars Abroad: Moffi, Chukwueze battle Oshoala, Echegini for POTW
Report: Super Eagles get new coach for Ghana and Mali clash
Osimhen misses out on N17b payday after Napoli's UCL loss to Barcelona
‘Thank you’ - Osimhen’s girlfriend Stefanie Ladewig grateful for being the mother of his child
4 reasons why Victor Osimhen should choose Arsenal over Chelsea, Manchester United and PSG
ADVERTISEMENT