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US, UK and UAE attract more Chinese investors

17.10.2013
Homesoverseas.ru editorial office
33
The activity of wealthy Chinese investors in the real estate markets of different countries increases, they buy property mainly in the US, UK, United Arab Emirates, as well as in other areas, according to the online source of an OPP the Connect . The main target for investors from China is the United States. According to a study by March 2012. Chinese buyers have invested in the US real estate more than $ 9 billion, giving the number of transactions only to citizens of Canada. These Chinese site about real estate investment Juwai.com confirm that the United States in the lead among 35 countries for investment in real estate as the most demanded market among residents of mainland China. The most popular destinations are New York, San Francisco, Palo Alto and Los Angeles. Chinese investors are focused on the UK property market, along with London are increasingly eyeing the objects in Manchester. According Juwai.com site, from January to August 2013 the number of requests in this area increased by 171%. Manchester is the third most popular city among Chinese investors. Leader in the number of objects acquired by the Chinese citizens in the UK during the first eight months of 2013 was London. According to the source, the Chinese in Dubai attracts potential rental income of 10%. Now property in International City area can be purchased at a price of $ 1,500 per square meter. m, while the cost of a similar property in China starts at $ 2,000 per square meter. m. In China, prices have already reached their peak, in Dubai they are growing day by day. HomesOverseas.ru
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