What is up with Moscow?

		Overseas Property Investment Forum - The Totally Property Overseas Real Estate Forum > Property Investment > Buying overseas property
What is up with Moscow?

Buying overseas property Thinking of buying an overseas property and need advice, help or suggestions? Talk to other experienced property investors who have already invested in many overseas property markets.

What is up with Moscow?

Thread Tools

24-03-2007, 04:33 PM

gianne

Active Member

Join Date: Mar 2007

Posts: 15

What is up with Moscow?

Which city in Europe today is most profitable for landlords?

Believe it or not, the answer to this question is Moscow.

The average price of an apartment rose to US$16,363 per sq. m. in prime Moscow districts in Q3 2006, according to Knight Frank, Moscow. Re-sale apartment prices rose 62.8% in the three quarters to Q3 2006. Newly built apartment prices rose by 79% in the three quarters to Q3 2006. A small three-room apartment (60 sq. m.) in central Moscow is now worth US$1 million. First-class apartments can command twice that or more – US$30,000 per sq. m. and up is not unknown.

This is an excerpt from the article: Moscow just keeps on booming!

Moscow has stolen the limelight from Spain, Bulgaria, and even the UK.

Anyone got opinion about this? Or maybe thinking of investing in this booming Russian capital?

Sponsored Links

Bookmarks

« Channel 4 looking for UK and overseas house-hunters | Investors »

Thread Tools
Show Printable Version Email this Page

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are Off Pingbacks are Off Refbacks are Off

LEGAL NOTICE

By using this Website, you agree to abide by our Terms and Conditions (the "Terms"). This notice does not replace our Terms, which you must read in full as they contain important information. You must not post any defamatory, unlawful or undesirable content, or any content copied from a third party, on the Website. You must not copy material from the Website except in accordance with the Terms. This Website gives users an opportunity to share information only and is not intended to contain any advice which you should rely upon. It does not replace the need to take professional or other advice. We have no liability to you or any other person in respect of any content on this Website.

FORUM PARTNERS

Totally Property is owned and operated by the MoveForward.com Limited group. You can find out more about us here. We also run the Expat Forum, an ideal community for people moving overseas and looking for jobs abroad. Keep a look out for some up coming ventures like: The Dubai Forum for everything about Dubai. The Income Forum for everything financial.