# All that glitters is gold Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2017-01-25 Category: NEWS Category URL: https://financedigest.com/category/news Meta Title: Chinese New Year Golden Week Manchester Property Investment Meta Description: Celebrate Chinese New Year in Manchester as Golden Week brings a property investment boom. Explore the market with Surrenden Invest before making your purchase! URL: https://financedigest.com/all-that-glitters-is-goldhtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/image-13-1736844248933-compressed.jpg) **Chinese New Year brings Golden Week property investors to Manchester** - **Chinese New Year flight bookings to Europe up 68.5% on last year’s festival (ForwardKeys)** - **Chinese interest in Manchester property in Nov 2016 increased by 53.8% vs 2015 (Juwai.com)** - **“Golden Week provides prospective [investors with time to travel and explore Manchester before making property](https://www.financedigest.com/some-uk-property-funds-defer-investor-withdrawals.html "Some UK property funds defer investor withdrawals") purchases” (Surrenden Invest)** This [weekend will celebrate](https://www.financedigest.com/a-great-treat-king-charles-heralds-weekend-of-coronation-celebrations.html "“A great treat”: King Charles heralds weekend of coronation celebrations") the start of Chinese New Year festivities as the country welcomes the year of the Rooster. Chinese New Year, also known as Spring Festival, holds over 4,000 [years of history and is the most important](https://www.financedigest.com/analysis-brexit-cold-turkey-uk-tries-to-kick-25-year-imported-labour-habit.html "Analysis-Brexit cold turkey: UK tries to kick 25-year imported labour habit") annual event in the Chinese calendar. The [holiday also commemorates the first Golden Week of the year](https://www.financedigest.com/100-years-of-uk-holidaying-habits.html "100 YEARS OF UK HOLIDAYING HABITS"), as Chinese nationals enjoy seven continuous nonworking days. Golden Week is also an opportunity to travel [overseas and new figures released by travel experts ForwardKeys show that Chinese](https://www.financedigest.com/is-the-tide-turning-for-chinese-brands-overseas.html "IS THE TIDE TURNING FOR CHINESE BRANDS OVERSEAS?") New Year flight bookings are up nearly 10% compared to last year. And it seems that Chinese tourists are [returning to Europe](https://www.financedigest.com/ed-sheeran-wins-best-artist-as-mtv-europe-music-awards-returns-to-live-format.html "Ed Sheeran wins best artist as MTV Europe Music Awards returns to live format") with a 68.5% increase in flight bookings compared to the same festival period in 2016. Many wealthy Chinese even [combine business and pleasure by taking a holiday that enables them to investigate overseas’ property markets](https://www.financedigest.com/the-combination-antibody-therapy-market-to-grow-on-a-satisfactory-note.html "The Combination Antibody Therapy Market to grow on a satisfactory note") first hand. Juwai.com, a Chinese property [portal](https://www.financedigest.com/british-property-portal-rightmove-hikes-dividend-after-annual-profit-jump.html "British property portal Rightmove hikes dividend after annual profit jump") for buyers looking to invest in property overseas, stated that in November 2016 Chinese interest in Manchester property had increased by 53.8%, compared to the same month in 2015. ![All that glitters is gold-2](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/1-11-1736844248876-compressed.jpg) **Jonathan Stephens, Managing Director** of leading property consultancy [**Surrenden Invest**](http://r20.rs6.net/tn.jsp?f=001HwgcUeOXpzuRlnJ1YTeoO1FBCI44-tsOukMe5Oj593P5sKCak8ToCdJv_VavJgwxU1WRUdH4Ez7zIn6nU7w1eIhXmtGma0_SCPa13s_9dCOwIInAQXDxiBxQNkD9kQ5wAXt_H4iQqIDyLi1UAQuJ3kXBX8oZzQtR5Qh4KaPxutdQ3usw0GIfTg==&c=B7ku-A4bw3kNkvcfgOkqYXvJcDS8tAuF4mexbvKlDxFtJ3WTsVu8rg==&ch=8IlyXTr-SGhCG6g3BMyvR_xpjQoG9IO-ZMYP_Qg6JwOLKGN_JzxvLQ==), has certainly noticed a rise in Chinese buyers directing their investment toward Manchester. He explains, Interest for the local property [market has increased from Chinese buyers with Manchester’s credentials as an investment hotspot continuing to grow](https://www.financedigest.com/dental-implants-and-prosthetics-market-market-to-grow-at-robust-cagr-by-2028.html "Dental Implants and Prosthetics Market Market to Grow at Robust CAGR by 2028"), not only leading the Northern Powerhouse but also challenging London as the buy-to-let capital of the UK. Chinese New [Year provides](https://www.financedigest.com/inmobi-wins-gold-silver-bronze-mma-smarties-mena-awards-named-technology-provider-of-the-year-for-fourth-consecutive-year.html "InMobi Wins Gold, Silver, Bronze MMA SMARTIES MENA Awards, Named “Technology Provider of the Year” for Fourth Consecutive Year") prospective investors with the time to travel and explore the Manchester market before making final property purchases. We expect buyers from China to take this opportunity and believe that as interest in the [market continues](https://www.financedigest.com/the-innovation-oriented-streak-of-home-infusion-therapy-market-to-continue.html "The Innovation-Oriented Streak Of Home Infusion Therapy Market To Continue") to rise, many will make Manchester their top destination of choice. **SurrendenInvest’s** most [recent development](https://www.financedigest.com/title-dystrophic-epidermolysis-bullosa-treatment-market-to-witness-notable-growth-with-recent-developments-and-forecast-by-2030.html "Dystrophic Epidermolysis Bullosa Treatment Market to Witness Notable Growth with Recent Developments, and Forecast by 2030") in the heart of Manchester, **Mason Street**, is one such investment opportunity that Chinese buyers visiting this Golden Week might consider. ![All that glitters is gold-3](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/2-6-1736844248856-compressed.jpg) Embracing modern low-carbon technology to ensure the building is one of the city’s most energy-efficient, Mason Street is located in the historic New Cross neighbourhood, just a short walk from the Northern Quarter. Mason Street will provide a new lease of [life for one of Manchester’s heritage buildings as it is transformed into 10 high end](https://www.financedigest.com/why-faster-reactivity-to-end-of-life-deadlines-is-key-for-financial-services.html "Why faster reactivity to end-of-life deadlines is key for financial services") apartments from £200,000, with a 2 year guaranteed NET rental return of 6%. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---