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Real estate: foreign investors in Russia are not in a hurry

Недвижимость: иностранные инвесторы в Россию не торопятся

The real estate market of a country cannot function properly if it isn’t at least a little interest from foreign investors. It is buyers from abroad often become true drivers of development of the market of real estate.

And now, according to the latest research CBRE, almost half of property investors intend to increase activity as buyers on the housing markets of Central and Eastern Europe. The results of a survey conducted by CBRE, showed that 48 per cent of investors in Europe, Middle East and Africa plan to increase their activity as buyers compared with last year. 43% of investors expect to increase their activity as sellers and only 15 percent believe that activity in global real estate market will decline.

According to the latest and quite a large-scale opinion polls, the most popular among potential buyers continues to enjoy Germany. It is in this country, many foreign investors prefer to invest their money. In second place is Britain — in spite of high prices, British housing is still extremely popular. Experts, however, argue that the English demand for luxury housing fell, and popular affordable houses and apartments of economy class.

The third place in investment attractiveness is Spain, followed by the Netherlands, then France, and in sixth position was somewhat unexpected Poland.

Expert in buying and selling foreign real estate Olga Petrova observes that in recent years significantly increased the interest of investors in apartments and houses in Central and, most surprisingly, Eastern Europe.

As for individual European cities, the leadership is not the first month in a row retains the London. It is in the British capital, many foreigners want to buy property. Literally on the heels of London comes the second which has taken the position of Madrid. Foreign experts generally believe that the Spanish capital by the end of this year will overtake the British capital.

Third place on investment appeal in Paris, at the fourth position of Berlin, rounded out the top five Amsterdam. Well, followed by Warsaw, Milan, Budapest, Prague and Munich.

But what about our country? While it is not very popular among buyers from Western Europe. But experts note that by the middle of this year Russia can become attractive for foreign investors — their share could increase from 1.5 to 3 percent.

Managing real estate company “Solovyev and partners” Leonid Solovyov believes that the domestic property market, though was a significant correction in the value of one square meter, offers very good investment opportunities.

“Now the Russian housing for European buyers was half the price. For this reason, the number of foreigners from other countries that will buy our country residential and commercial property in the near future will increase. So the investment prospects of real estate of our country is very good. And think that in 2017, buyers from countries in Western Europe will be much more than now. Since we have a large selection of accommodation, and the prices are reasonable” — sums up the expert

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