Moreover, the volume of the investments made by Russian businessmen in the foreign realty is significantly increasing. Analysts have counted the volume of the investments made during the last year and compared the results with the statistics of January-February 2009 and announced that the demand for the overseas residential property has increased by more than 25%.
Throughout Europe and the United States, there is a tendency of lowering the cost of real estate, and it was mainly the decline in the price to cause such a leap in demand. Both investors and people who dreamed of having their own houses in Europe do not miss the chance to save and to buy property in practically worthless prices. Europe is particularly attractive for investors, because the prices will rise soon in the countries where property values are already close to the minimum recorded during the past 20 years. Thus, the income of investors will increase. According to analysts, the prices for European real estate will rise sharply in the next 2-3 years. Especially this concerns those regions where prices are still continuing to fall.
Today, the greatest demand in Europe is observed for the properties of such countries as Bulgaria, Czech Republic, Montenegro, Spain and Finland. In turn, the absolute leaders in this list are Czech Republic and Bulgaria, whose share of investment by the Russian citizens is about 25%, Spain is on the 2nd place with the rate of 15%. In turn, the Moscow real estate becomes less and less popular, and this concerns not only Russian investors, but also the foreign ones. Experts offer disappointing forecast that before the year 2010 the situation is unlikely to change, the more that investors in all countries prefer to save and invest in the more promising real estate of Czech, Bulgaria and other European countries.
01.04.2009