London, England
Real Estate in London
Last updated on May 03, 2023
Summary: The most desirable neighborhoods in London, UK are typically located in the central areas of the city such as Kensington and Chelsea, Mayfair, Notting Hill, Marylebone, and Islington. The average cost to buy a nice 2 bedroom home in London is around $1.5 million USD, while a nice 3 bedroom home can cost around $2.5 million USD. These properties typically include modern amenities such as high-end appliances, marble countertops, and hardwood floors. Foreign ownership of properties in London is generally unrestricted, however, there are certain restrictions in place for certain types of properties. For example, foreign buyers are not allowed to purchase properties that are listed as “protected” or “listed”. An expat looking to buy a home in London should start by researching the different neighborhoods and areas of the city to find the one that best suits their needs. They should also research the local market to get an idea of the average prices for properties in the area. Additionally, they should consider working with a real estate agent who is familiar with the local market and can help them find the perfect property.
How do I find a place to live in London?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"When looking for a place to live in London, it is important to consider your budget, desired location, and the type of accommodation you are looking for. Start by researching different areas of London to determine which areas best suit your needs. Consider factors such as proximity to public transportation, local amenities, and safety. Once you have narrowed down your search, you can begin looking for rental properties. Websites such as Rightmove, Zoopla, and Spareroom are great resources for finding rental properties in London. Additionally, you can contact local estate agents to help you find a place to live," remarked one foreigner who made the move to London.
"Looked at map, found most convenient place for public transportation. Checked the neighborhood in a short weekend vacation before. Rented house with help of internet and let someone from the company check it out," explained one person living in London, UK.
Allianz CareGet Quote
Allianz Care's plans ensure that you have access to quality healthcare whenever you need it. Our flexible solutions allow you to tailor your cover to meet your needs and budget. You can submit your claims digitally and our helpline is available 24/7 to help you anytime.
Allianz CareAllianz Care's plans ensure that you have access to quality healthcare whenever you need it. Our flexible solutions allow you to tailor your cover to meet your needs and budget. You can submit your claims digitally and our helpline is available 24/7 to help you anytime.
Get Quote
What is a typical expat home or apartment like in London?
Please login to continue reading this article.
Not a member? Join Today (it's free).
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
UK Forum
Talk with other digital nomads and expats in UK on our UK forum - meet people, get advice and help others.
Contribute
Help others in UK by answering questions about the challenges and adventures of living in UK.
Healthcare & Health Insurance in UK
Digital Nomads in UK offer advice about healthcare, hospital visits, emergency rooms visits, finding a doctor and buying health insurance in UK.
