Why Invest In Manchester UK?

In this page we look at some of the well known reasons why Manchester UK is a hot spot for investors around the world. We would also give you insight into the not so well known reason why Manchester outperforms the majority of large cities around the globe when it comes to Property investment.

Young Vibrant Population

In a recent poll, Manchester was voted the best city to Live in Europe. This shows the popularity of the city around the globe and has resulted in a lot of the younger generation from within the UK and internationally wanting to live in this city. This creates demand for both jobs, university places and obviously living space. When investors hear that they know that higher demand would result in higher prices and opportunity to supply and this is the first reason why, the save property investors around the world are always looking for Property investment opportunities in Manchester.

Economic Growth

In the previous section we discussed how increase in population increases demand for living space, however, it does not stop there as when population grows demand in absolutely everything goes up and that results in entrepreneurs wanting to move or at least open businesses in that region. Opening more businesses in Manchester is a result of increase in population and increase in businesses would result in more increase in population and the vicious circle results in a huge boom in the economy and huge increase in demand for the city.

International recognition

The boom in the economy of Manchester has now been recognised around the world and that has resulted in a lot of private and institutional investors looking at the city and wanting to be involved in the growth. Far East, Middle East, USA and European investors are all bringing money into the city which again results in more growth and create more demand as a result.

Vibrant City Life

All of the points above has resulted in some of the biggest national and international names in the hospitality sector to want to open up in Manchester and this has resulted in a city life rivalled by possibly only London around Europe and this results in a booming tourism which means more money being spent in Manchester economy and result in more growth for the city.

International Airport

Manchester airport now has directs flights to the majority of cities around the world and even though that seems too much to handle for a small airport, it does give people the option of never being only a few hours away from their home cities and make friends and family visits a lot easier than many other cities around the globe.

Football

Two giant football clubs in the premier league, Manchester United and Manchester City have had a big role to play in the Economic growth of the city. Manchester City has brought in huge investment from the Middle East into the region and Manchester United with its huge fan base around the globe brings in thousands of tourists on a weekly basis and all of this result in more growth for the city and the region.

Bonus Point

All of the above reasons are what everyone tells you about when you ask for Reasons to invest in Manchester but this point is arguably the biggest reason why all of the above has happened and resulted in the growth that we have seen in Manchester and that is Manchester City Council. You may ask how and why? Manchester City council unlike many other cities around the UK and Europe decided a few years ago to allow the city to grow and they approved and are still approving large scale development projects which would struggle to get planning in many other cities in the UK. This resulted in a change in landscape of the city and separated the city from its competitors and this resulted in institutional developers and investors being flooded to the city and the rest is history.

Get in touch with Mason Verdi to plan your bespoke Investment Strategy. Simply Book a Call with a member of our team and we will take you through all of the options and provide you with advice absolutely free of charge.

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