Annual survey of Russian/CIS buyers’ foreign real estate preferences

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In early 2017, international real estate broker performed its sixth annual analytical survey focused on Russian/CIS buyers’ foreign real estate purchasing preferences.

The company´s analysts polled realtors from different countries to determine which properties Russian/CIS investors prefer to put their capital into and how their purchasing patterns have changed since the Russian economic crisis started in 2014.

According to respondents, the main problem Russian/CIS investors struggle with is finding a suitable property. The survey also showed that in 2016 it became more difficult to obtain loans and transfer money. According to analysts, these problems have become more pronounced due to a widespread tightening Know Your Customer procedures, as well as a crackdown in the Russian banking sector that led to the revocation of numerous banks’ licenses.

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Source: Tranio

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