I am a Brit who has been living in Moscow for 2 years, and was fortunate enough to buy my property in the centre of Moscow just at the beginning of a surge in prices, which saw our place rocket over 200% in around 16 months. Prices since have stabalised. I would say that Russia unless you have a huge amount of money to invest is no longer even worth a look, especially Moscow.

eg. 40m2 apartment USD320,000 - justifying its reputation for being one of the most expensive places to buy now. And this isn'tto mention the state of the building and entrance you will find...definately not an elite building for such price..