London Gatwick airport parking investment has been very popular among GCC investors...
London Gatwick airport parking investment has been very popular over the past few months that units are very limited and it is close to being sold out.
Mark Murphy from Qatar World Property said '
'The developer has informed us there is limited spaces left, below 30 parking spaces, we expect these to sell out fast due to the London location and the investment itself. Our investors have been very happy with the mid to long term investment and the feedback we have had has been extremely positive, investors have seen the UK RICS Market valuation at £38,000 (GBP) per space and the sales price from £25,000, on top of that they have seen the fixed 10% NET yield per year, Y1 and Y2 in London, with potential returns rising up to 12% p.a depending on parking performance and the investors have seen that and are extremely positive. Our clients and various investors are finding it hard to beat especially for London.''
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