Property overseas buy because of low prices

23.11.2010 09:42
In some European countries the cost of real estate is still very low. It is for this reason Russian shoppers are not even in the best post-crisis financial circumstances remain in first place among foreign investors, housing.

This was announced at a seminar held today, the conference "How to buy or sell overseas property in the Czech Republic, Germany, Switzerland," the vice-president of the Russian Guild of Realtors Constantine Aprelev. In his view, the landscape in overseas markets as a result of the crisis has changed radically. Local markets, previously privlekavshie speculative demand, are in a state of stagnation.

Related article: Germany is coming to a wave of real estate inheritance

Today, according to Constantine Apreleva, the main criterion of foreign markets is not so much need in buying property abroad as paradoxically low prices, which are the basis for making investment decisions.
Content tags: Overseas property
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