Two-bedroom apartment in a modern 5-star residence with a swimming pool and a business lounge, in the heart of Canary Wharf

London, United Kingdom

Property Details

London, United Kingdom

This stunning two-bedroom apartment is located in a luxurious 5-star residence in the heart of Canary Wharf, London. Situated on a high floor, the spacious apartment boasts a winter garden, offering spectacular views and a serene retreat in the bustling city. Residents enjoy exclusive access to world-class amenities, including a state-of-the-art gym, a swimming pool, a business lounge, a private cinema, and beautifully landscaped gardens. Additionally, the residence offers a dining area, a stylish bar, and a terrace with panoramic views of London’s iconic skyline, providing the perfect space for relaxation and entertainment. This property perfectly blends modern comfort with luxury living, making it an ideal choice for those seeking a sophisticated lifestyle in one of London’s most vibrant districts

Location

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Frequently Asked Questions

Can foreigners buy property in the UK?

Yes, there are no restrictions on foreigners purchasing property in the UK. Both residential and commercial properties can be bought by non-residents, with the same ownership rights as UK citizens.

What additional costs are involved when buying property in the UK?

In addition to the property price, buyers should budget for Stamp Duty Land Tax (ranging from 2% to 12% depending on the property value), legal fees, notary fees, survey fees, and registration costs. If using a real estate agent, the seller typically pays their commission.

Can I get a mortgage as a foreigner in the UK?

Yes, many UK banks offer mortgages to foreign buyers, though non-residents may need to meet stricter requirements, such as a higher down payment (usually 25-40%) and providing proof of income and creditworthiness.

What taxes will I need to pay as a property owner in the UK?

Property owners in the UK are subject to Council Tax (a local tax for services such as waste collection), which varies by property value and location. Additionally, if you rent out the property or sell it at a profit, rental income and capital gains taxes may apply.

Does buying property in the UK grant residency?

No, purchasing property in the UK does not automatically grant residency or a visa. However, the UK does offer investor visas under the Tier 1 Investor Visa program, which requires a significant financial investment in UK-based businesses or enterprises rather than property.