Manchester property investment demand is increasing

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Investment inquiries from China into Manchester property have increased by more than half as excitement about the Northern Powerhouse initiative continues to grow.

Part of the reason for this increase is Manchester’s future growth, as it plans to add 227,000 homes and 200,000 jobs by 2035. It was also prompted after President Xi Jinping toured Manchester in October 2015.

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According to specialist publication opp.today, who report that flight bookings from China to Manchester have increased by nearly ten percent over the period.

Many of those visitors may be investors from China, interested in acquiring property in the area.

In Manchester, property prices have not yet risen to the astronomical levels seen in London.

However, it's a city with extremely good financial prospects and a positive international reputation, which might further fuel demand for property.

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