Property group Jones Lang SaSalle is to start selling London homes in Greece.
According to Reuters, it will be selling property worth up to £5m sight-unseen to rich Greeks who need somewhere safe to stow their wealth.
According to Tim Wright, residential director of Jones Lang LaSalle, for homes above £5m, Greek buyers typically like to view the property.
Wright said: “We want to find a route to market as quickly as possible.
“We will gauge if people’s appetite is as high as we have been led to believe anecdotally. We will dip our toe in the water with areas like Kensington and Chelsea and move to less exclusive parts of London if demand is deep enough.”
The number of wealthy Greeks looking for London properties has soared in recent months as the country’s monetary crisis deepened.
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Comments
"Whoops! Spot the typo.
Get a grip can you Ross..."
Erm... a clasic case of kettle & pot there, methinks...
Whoops! Spot the typo.
Get a grip can you Ross, not like you to let something like this slip through.