Oxford is the cultural and educational center of England. A city with a long history attracts a large number of tourists. It is a city with one of the best universities in the world. More than 20,000 students study here. Among them, more than 30% are foreigners. A student hostel can accommodate no more than 25% of the total number of students. The quality of the apartments is not very good; sometimes there is an old repair. Therefore, many students who have finances prefer to buy apartments in Oxford for sale.
Prices for apartments in Oxford for sale
The Oxford real estate market is not as diverse as in other cities in England. Because of the constant high demand, it is difficult to find the right option. The cheapest one-bedroom apartment can be found from 50,000 pounds on the outskirts of the city. Oxford does not build up as quickly as other cities. Most of the buildings are built in Victorian style and the Regency era. And all new students’ buildings are being built in the style of Oxford. There are multistory houses; a two-bedroom apartment will cost at least 150,000 pounds. Closer to the center of the city, a one-bedroom apartment will cost at least 220,000 pounds. The most expensive luxury apartments cost from 500,000 pounds. Luxury renovation, expensive furniture and a close location to the University or college are increasing the price of an apartment. And such apartments are in great demand.
The great demand and the little offers of apartment in Oxford for sale generate high prices. Oxford is not built up so quickly and new buildings appear on the outskirts of the city or in the suburbs. An apartment with one bedroom directly near the school will cost from 80,000 pounds. The high price of apartments offers good opportunities for investors.
Investing in apartment in Oxford for sale
Many investors are interested in investing in an apartment in Oxford. It is a city that is almost 1000 years old. There is a demand for rent of apartments because of the large number of tourists and the constant shortage of housing for students. Renting any apartment will bring up to 10% per annum in Oxford. At the same time, thanks to own apartment in Oxford you will have the opportunity to relax here, visit museums and memorials of medieval architecture. England allows foreigners to buy apartments on credit at 4%. These are very favorable conditions. If you want to buy an apartment in Oxford, go to the website
www.domaza.co.uk/apartments_in_oxford_for_sale/ and we will help you.