About RussiaThe offset development of commercial activity has come to fruition and now considered to be an entrepreneurial opportunists dream.
KEY FACTS
RENTAL RETURNS AND TOURISM As well as Moscow being the sixth fastest growing property market in the world the Russian rental market currently boasts the 5th highest yields in the world. The 2014 winter Olympics being held in Sochi will aid the strategy to boost tourism numbers in the town by over 100% in the next four years.
CAPITAL APPRECIATION AND THE PROPERTY MARKET Country-wide the property market is expected to perform well with the President deciding to shift the centre of economical and political life away from Moscow and around the cities likely to benefit from their close proximity to Europe. Sochi, just across the water from Bulgaria - is the where the local and international experts are preparing to see price increases reach up to 50% year on year for the next four.
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Russia, in the News... |
"An economic boom is under way, however, fuelled by Russia's seemingly inexhaustible supplies of copper, coal and gold. In turn, this is stirring up the previously non-existent property market into something of a controlled frenzy, with savvy investors flocking to buy." http://www.telegraph.co.uk/property/
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