Knowing where to invest your money can be tricky. You’ll want to consider some factors like how much money you’re willing to risk for investment, the current trends on the market, or things and ventures that tap into your interests. Fine art paintings not only satisfy the desire to acquire something beautiful, but they also serve as good investments. People who have extra income can choose to buy original fine art paintings as a means to diversify their assets andhave an item that they can admire at home.

If you’re on the fence on whether or not you should buy original fine art in London, here are some reasons that may convince you.

Art increases in value

Generally speaking, art increases in value over time. Unlike other investments that have seen significant popularity and decline over the years, art has not its appeal. If you buy original fine art in London today, chances are it will be worth more than what you paid for ten years from now. Other factors that can boost its future value is the number of prints produced for a particular painting, or if the artist passes away.

Can be used as inflation hedge

People who opt to buy original fine art paintings are essentially acquiring an item that will retain its value despite inflation. Savvy investors also consider paintings as a hedge versus inflation. Also, where inflation can significantly affect the devaluation of currencies, art does not lose its value.

Be exempt from certain taxes

If you buy original fine art in London, you should expect to make arrangements on what happens to it at the time of your death. Depending on conditions, art like paintings are eligible for exemption from the Inheritance Tax and Capital Gains tax when it is inherited. You can also apply for a tax exemption for gifts of works of art.

Generates extra income

A good investment is something that should be capable of generating income in multiple ways. People who buy original fine art paintings can stand to earn money on the side by lending them to museums or private galleries for special exhibitions.

It keeps on giving

Buying paintings for investment purposes increases your assets and supports the livelihood of local and international artists. A simple way to show your appreciation for the talent and the effort behind these works of art is to buy original fine art in London. This keeps the artist employed, and gives them the feeling of satisfaction that they are able to express themselves by producing something that other people find desirable.

The unique appeal

As the owner of an original print, you’re in possession of something that is truly rare and cannot be found anywhere else. This rarity adds to the painting’s value. Art patrons who acquire prints may have bought them at more affordable prices, but these prints have great value as well. The fact is, a painting is not a free app that anyone can download online. There’s only a number of prints in the world, and owning one still makes it unique.

Aesthetic appeal

People who buy original fine art in London know that money isn’t everything. Aside from the monetary value in your investment, there’s also the pleasure in appreciating its beauty. It can spark creativity in its viewers, pose intriguing questions, or stand as a reflection of their personality.

If you are looking to buy original fine art paintings, check out our collection at London Row. Contact us for more information and buy original fine art in London today.