China-focused property marketing and services business Ausin Group is pleased to announce that they have opened a new Mayfair office, specifically to sell British property to Chinese investors. The move has kicked off a significant investor visa fund as demand from Chinese buyers has grown tremendously over the last few years. —
The Ausin Group is privately owned and was founded by Joseph Zaja five years ago. Currently, the company is on track to sell more than 3000 properties. The majority of these are apartments in Melbourne, Sydney and Brisbane. These transactions will be completed this year.
Mr Zaja is confident that demand for property remains strong. He said:
"There's at least five more years of solid uplift to go. If we can sell 3000 units this year, we can sell more next year.”
Australia has just been the start of Chinese investors exploring property purchases overseas. Due to unstable share markets and disturbances in the world’s second largest economy, these investors have expanded their interest to other locations.
Referring to the Chinese investors, Mr Zaja Added:
"They always have a long-term vision to emigrate. That's being spread across Australia, Auckland, London and America. It's happening in Europe as well, in Cyprus, Greece, Portugal and Spain. We are selling London property into China . . . and seeing how it goes, but, so far, it has been a success.”
According to Mr Zaja, the majority of clients are repeat customers. They tend to buy several properties using the services provided by the firm including finance and immigration.
During the last financial year, clients of the company settled on 900 properties. Only three of these dropped off. This financial year the group will finalise contracts on 2000 properties.
The company has also successfully directed 60 wealhy clients through the Wealth Management arm of the company into an Investment Visa Property Fund. This fund operates independently from the Ausin Group.
About Ausin Group
Ausin Group is an investment services and property business. They provide specialist offerings to both the Australian and overseas markets. The company has more than 11 offices around the globe to connect buyers to international property markets.
The group's most recent outlay was a joint venture deal with Queensland-based Villa World in a 148-lot development in Rochedale, south of Brisbane.
More information about the business can be found on the group website. Alternatively, a representative can be contacted directly using the information provided below.
Release ID: 89053098