The demand for the purchase of real estate in Russia, and for investments now, a good option may be to purchase liquid options abroad.
“Due to the increase in the rate, the demand for the purchase of real estate in Russia has fallen. Naturally, according to the classical scheme. Someone will want to sell the apartment, but there is no demand. A month or two and they will start to reduce the price — and then it will be possible to buy profitably. It happens that the benefit of buying a new building, for example, at the pit level is up to 20% lower than it is sold from the developer,” said Vera Stolbova, an expert in asset management and real estate investment.
The expert noted such an option as investing in residential real estate — flipping. “This is when you buy housing below the market, for example, an old, unkempt apartment, make repairs and sell for more. Such apartments sell quickly. Or you can leave it and rent it daily. Here, profitability will be like from commercial real estate,” she noted.
The ideal option is, if possible, you can buy liquid real estate abroad. So it turns out that your currency earns from the increase in the price of real estate and renting it out,” the expert said.
Earlier, the Free Press wrote that Russia is going to be divided into five “mortgage clusters”.
English 
Russian 
German 
Polish