Property for sale in Russia

1/ Capital: Moscow

Is the capital and the largest city of Russia. It is also the largest city in Europe, with Moscow metropolitan area ranking among the largest urban areas in the world. Moscow is the country's political, economic, religious, financial, educational and transportation centre. Get more information on property for sale in Moscow.

Is a transcontinental country extending over much of northern Eurasia. It is a semi-presidential republic comprising 83 federal subjects.

As Russia develops so does its real estate sector and property economy and there is definite long term appeal for real estate investors considering Russia. The appeal lies in the future economic expansion of Russia and the majority of real estate investment potential is currently located in the major towns and cities in the west of the country.

In terms of the investment potential available in Russia it stems primarily from the residential letting market with secondary activity in the commercial property market.

Despite the fact that the majority of Russian citizens are intrinsically very poor, properties for sale in Moscow and St. Petersburg in Russia are incredibly pricey! Prices are on a par with Western European cities already and they are continuing to rise - this is because the majority of Russia’s wealth is generated in these two cities alone and it is in Moscow and St. Petersburg that the majority of Russia’s billion and millionaires live.

Aside from the super rich both of these cities are home to Russia’s professional core and these individuals have substantial purchasing power and are currently able to afford rising rental yields and in certain cases, rising property for sale prices. The mortgage market in Russia is also limited to these two cities at the moment although it is expected to expand country wide gradually. The fact that mortgages are available for property purchase and also for buy to let property investment in Moscow and St. Petersburg means that more money is pouring into the real estate market from domestic buyers and investors and pushing up prices.