In the segment of real estate transactions become less

09.05.2012 00:00
Articles about real estate | In the segment of real estate transactions become less For the exclusive property of the world market is currently characterized by two trends: the stabilization of prices and the potential interest in investing in Europe, including in the Baltic countries, on the part of investors in different countries.

For active buyers in the international market of the CIS states have recently joined by investors from the UAE and Israel. This is confirmed by expert opinion of Baltic Sotheby's International Realty, working with high-quality residential real estate, and took part in the annual conference of the Sotheby's International Realty in the region EMEA (Europe, Middle East, Africa Region), held in London in early May.

Related article: Housing prices have fallen by half in Lithuania

The current international annual conference of the Sotheby's International Realty held the third consecutive year. During the event, organized by the branch for the owners and top managers, discussed not only the business strategy of the international network, and global trends in real estate.

"According to participants, in EMEA, as well as throughout the world, a clear tendency to stabilize prices for luxury properties - said Vestards Rozenbergs, co-owner and CEO of Baltic Sotheby's International Realty. - Although compared with 2010 in 2011 he deals in this sector has become less of a financial volume increased. largest increase in prices was observed in metropolitan areas. "

The conference was attended by representatives of Sotheby's International Realty in Israel and Turkey, where the offices of Sotheby's International Realty was opened recently. According to Rosenberg, the emergence of new network members in this region reflects not only the huge demand for luxury housing and high-class but also potential investments in European countries, including and the Baltic, from the Arab and Israeli investors.

"There is still great interest in the luxury segment, and real estate from the Russian buyers. This fact is confirmed as the largest recent deal to sell a penthouse in New York when the facility was sold to Russian citizen stated price - in the $ 88 million, and sales Last week a famous painting "The Scream" Norwegian expressionist painter Edvard Munch at Sotheby's in New York for 119.9 million dollars. This is a new record, and among the possible buyers are also called names, and the Russian billionaires, "- concluded Rosenberg.
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Content tags: Overseas property
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