Thai buyers tempted by Fitzroy Place

24 Oct 2012

By Andrew Batt:

EXCLUSIVE: Thai property buyers will get another chance to explore buying and investment opportunities in London this weekend, with the return of an exhibition featuring Fitzroy Place.

Fitzroy Place in W1, the heart of the centre of the U.K. capital, occupies an entire city block in Fitzrovia, which is in the City of Westminster. It is markered by Saills (Thailand) who will be holding a property showcase in the Thai capital next weekend.

Fronting on to Mortimer Street, the site is highly accessible and is within walking distance of Mayfair, Soho, Marylebone High Street and Regent’s Park. The development offers a 990-year lease from practical completion which is estimated to be in late 2014 There are 291 total apartments which are divided into 237 private units and 54 affordable units.

Robert Collins, CEO of Savills (Thailand), speaking exclusively to DDproperty.com, said: “Fitzroy Place was very well received by Thai buyers since the sales were launched regionally in May this year. The exhibition in Bangkok this week is expected to be a great success and we have already received very strong buying interest pre-event”.

Prices start at £1,250,000, which will get you a one-bedroom unit measuring 662 sq ft and offering rental yields in excess of 3.50 percent.

Bangkok buyers will get the chance to learn more about Fotzroy Place at an event at The St Regis Hotel on Friday October 26 until Sunday, October 28 (10am until 6pm) with a seminar planned for 1.30pm on Friday, October 26.

Fitzroy Place will then exhibit in Singapore an, Hong Kong – thus allowing Bangkok buyers the best choice of available units at this event, ahead of buyers from elsewhere in the region.

 

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