Demand for
real estate in Turkey has almost quadrupled over the past two years, and two and a half times in Bulgaria , in Germany, the Czech Republic, Cyprus and Montenegro - approximately twice.
According to the results of a survey by the Financial University, the demand of Russians for foreign
real estate over the past two years has grown by more than one and a half times - by 70 percent. The most popular destinations for Russian buyers of overseas
real estate are still Turkey, Bulgaria, Spain, Cyprus and Montenegro.< br>
According to the Financial Academy, the growth of this indicator indicates an increase in the solvency of Russian citizens in comparison with the level of two years ago. This increase is primarily due to the economic recovery that was observed in 2017-2018. Most Russians abroad are interested in buying
residential real estate. The share of purchases of
apartments and houses is 83 percent.
still lags far behind similar indicators in developed countries, where the ownership of foreign
real estate is quite common.
The most profitable is
purchase of real estate under hotel management, where the hotels themselves rent out. Usually these are resort locations.
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