There are many reasons why Mayfair is considered the London’s most desirable neighborhood: this area is a popular residential location for London’s elite; besides having a flourishing luxury real estate market and the best retail brands, it also provides convenient transportation. Get ready because The Most Expensive Homes is about to disclose to you why you should put this place on your favorite luxury neighborhoods‘ list!
It all started back in 1746 when the May Fair — a fair that took place in first two weeks of each May which the residents of Mayfair were not happy about — was moved to another location. After the removal of the fair, the residents worked towards making the area more upmarket with the wealthy residents building gardens and streets.
The expensive neighborhood is not only the most coveted in London but also one of the most desired in the entire world. With extravagant retail and a first class theatre district, Mayfair is also a tourist hotspot — there are over 2000 millionaires living in the area and the wealthy residents contribute substantially to the local economy.
This area is incredibly diverse, with 42 different nationalities represented, bringing an exciting multi-cultural community that offers diversity. Part of the appeal of the area is exactly its dwellers, with 60 percent of them being under 44 years old. Technology and state of the art design are present in the increasing number of flats entering the real estate market.
Mayfair has 26 of the 66 Michelin star establishments in London — in the famous luxury shopping quarter, you can find worlds’ top premium retail brands an for tourist there are 3.800 five star hotel rooms available.
Source: Luxxu Blog