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London Real Estate: Elite Residential Complexes

London Real Estate: Elite Residential Complexes

London Real Estate: Elite Residential Complexes
  • The significance of text uniqueness in content marketing
  • The success of Berkley Group

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Berkley Group

Recently, Berkley Group announced its new project, which includes 139 apartments with 1-3 bedrooms and 5 penthouses, each with 4 bedrooms.

The prices for these apartments range from 3 million to 13 million US dollars, and the area varies from 48 to 171 square meters, respectively.

Previously, Berkley Group has worked extensively on a project to redevelop the iconic Battersea Power Station Battersea. A luxury residential development is currently under construction there, which includes offices, stores, galleries, a theater and spa, as well as 3,500 apartments and townhouses.

The prices for this housing range from $588,000 for a 40 square meter area to $4.58 million for a townhouse of 236 square meters. The project was designed by the famous architect from Uruguay, Rafael Viñoly, and its cost exceeds $13 billion.

One Tower Bridge

One of the companies in the Berkley Group, One Tower Bridge, will be completed in 2016. The complex includes 353 apartments equipped with an automation system that allows control of all heating and blinds. The complex also offers a spa, gym, and swimming pool.

Housing prices range from 1.3 million dollars for a one-bedroom apartment to 10.69 million for a three-bedroom, three-bathroom apartment.

Albert-Embankment 20-21

The complex located at Albert Embankment 20-21 on the south bank of the River Thames in the Vauxhall area will be completed in 2017. The project was designed by the renowned architect Norman Foster. The complex includes 253 apartments, as well as a bar, gym, swimming pool, spa, restaurants, and offices.

Housing prices start at $886,200.

Merano Residences

The St. James Group is building another complex on the south bank of the Thames called Merano Residences, which will also be completed in 2017. The project includes 34 apartments, each occupying a separate floor.

Prices for this home start at $3.6 million for a two-bedroom apartment. The building is made of glass and concrete and will feature a rooftop garden.

Riverlight by St. James Group

Prices in the new Riverlight complex by St. James Group start at 1.5 million dollars.

London Real Estate: Elite Residential Complexes

London real estate: popularity among foreigners

London real estate is of great interest to foreigners, primarily among Russians and citizens of Asian countries. Due to the high demand for housing, prices in the most prestigious areas reach nearly $70,000 per square meter. Most developers strive to build elite complexes near the Thames or some local landmark, which significantly increases the price. Experts at CBRE believe that homes with a view of the Thames are on average 15-20% more expensive than properties located away from the river, while analysts at Knight Frank estimate that the markup can reach as much as 55%.

Overview of the best residential complexes in London

The Internet Center of ForeignReal Estate.ru presents an overview of the best residential complexes in London that are currently under construction and will be completed between 2014 and 2017.

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You can already purchase apartments in these complexes.

Project development in London

This year, the construction of the nine-story De Vere Gardens building with luxury apartments, underground parking, and recreational facilities will be completed. This project by the developer De Vere Estates is located in Kensington, one of the most prestigious areas of London. The apartments range in size from 170 to 740 square meters, with prices starting at $7.5 million.

  • In 2014, the developer Barratt London will complete the Fulham Riverside complex, which includes 460 apartments and townhouses. Prices range from $779,000 for a one-bedroom apartment to $2.216 million for a two-level three-bedroom apartment. Prices for penthouses start at $7.64 million.
  • This year will see the completion of the New Capital Quay complex, located just a five-minute walk from Greenwich. This is a massive project by Galliard Homes, featuring 980 housing units. Prices range from $485,000 for a one-bedroom apartment to $1.146 million for a three-bedroom apartment.

Complexes in London and their features

In 2015, the first residents will move into the 29-story Canaletto building located in Islington. As of February 2014, half of the 190 available apartments have already been sold — and this is just four months after sales began. Apartment prices range from $700,000 to several million, with sizes from 38 to 95 square meters.

  • By the end of 2015, Riverwalk will be completed — a complex located next to the Parliament building in Westminster. It will feature 113 apartments and penthouses with views of the Thames. A 40 m² one-bedroom, one-bathroom apartment can be purchased for $1.58 million.
  • In 2015-2016, the Abell & Cleland complex will be completed in the heart of London's Westminster, between the Millbank area and the Palace of Westminster. Apartment buyers will be offered a 24-hour concierge service, secure parking, a gym, a swimming pool, a sauna, and a conference room.

Elite complexes in London: projects for the future

The project by the developer Berkley Group includes 139 apartments with 1 to 3 bedrooms and five penthouses, each with four bedrooms. The size of the apartments ranges from 48 to 171 square meters, and their prices range from 3 million to 13 million dollars. Perhaps the most talked-about project is the renovation of one of London's landmarks. The famous Battersea Power Station, located in the west of the city, is being transformed into a luxury residential complex. The project includes 3,500 apartments, penthouses, and townhouses, as well as offices, shops, galleries, a theater, and a spa.

  • The One Tower Bridge project by Berkeley Group is expected to be completed in 2016. Prices range from $1.299 million for a one-bedroom apartment to $10.696 million for a three-bedroom, three-bathroom apartment.
  • In 2017, a complex located at Albert Embankment, 20-21 will be put into operation. It is situated on the southern bank of the Thames, in Vauxhall. The design was created by the renowned architect Norman Foster.

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