A Watching Brief
Nick Churton from Robert Paul Properties’ London office comments on the mood in real estate within the international community.
Covid19 has frustrated international buyers for a while. Restrictions on travel have seen to that. But this situation won’t last forever and we know it hasn’t even dented purchaser enthusiasm. If anything the pandemic has fueled people’s desire to live in new places.
Just as sheltering and lockdown acted as an incubation period for those in other parts of the country seeking new lifestyles, it has also provided a stimulus for international buyers.
Contrary to many early negative projections, the real estate sector has fed off Covid19. The market has proved totally resistant to the virus. It won’t need a vaccine.