Russia Real Estate Investors Guide By Taylor White
Russia, officially known as the Russian Federation, is a country in northern Eurasia. It is a semi-presidential federal republic that comprises of 83 federal subjects. Russia shares its borders with Norway, Finland, Estonia, Latvia, Lithuania and Poland, Belarus, Ukraine, Georgia, Azerbaijan, Kazakhstan, the People’s Republic of China, Mongolia, and North Korea. Russia also shares its maritime border with Japan and the United States. Stretching about 10,610,162 sq. miles, Russia is the largest country and it covers more than 1/9th of the Earth’s total land area. The country is also the ninth most populous nation and it has a population of 142 million people. The country covers almost the entire northern Asia and more than 40% of Europe. Russia alone has 9 time zones.
Russia incorporates different kinds of environments and landforms and it has the largest reserves of energy resources and minerals. Not surprisingly, Russia is the largest energy superpower. The country also has largest forest reserves and Russian lakes have more than one-quarter of the world’s fresh water. 2010 has become an excellent year for Russia real estate. The average sale has increased to 28% this year. The main areas of development in Russia real estate are Log houses and lands. More people have bought lands and log houses in comparison to resale apartments and commercial plots.
Russia real estate is not only restricted to major cities, more and more people are interested in countryside properties. Some statistics shows that Russian development companies had sold more than 42 objects worth 86 million rubles alone in February 2010. In March the sales were even more. Russia Real estate listings are getting better and with such progress, the future of real estate in Russia is bright.
Due to the employment factor that the country provides, the number of expatriates returning to the country and the interest of international real estate investors is increasing. Russia is a developed country and there is a lot of scope for business and other establishments. Technology wise also, Russia is excellent and therefore real estate in Russia does not need to be fueled.
Russia real estate has a lot to scope for investors, especially those who want a good return out of the property that they buy. There are many investors who like to purchase lands in Russia, and construct small houses there and then fetch a good interest from Russia rentals. With so many people and tourists coming to Russia, there is no way that property prices in future are going to go down.
Log houses are the most preferred when it comes to real estate in Russia. About 63% of all market is filled with log houses. People choose round logs for construction of houses and surprisingly it is also one of the most environment friendly options of construction. Choosing log houses is also the most economical option. Most of these houses are built at an area of one 155 m? and it does not take more than two months to finish construction. Russia real estate listings and other related information about Russia real estate laws etc. are available online. If you do not find any material easily, you can also contact Russia real estate agents.
Taylor White is an international real estate investor and leading the charge at International Real Estate Listings the worldwide leader in Russia real estate for sale and Russia real estate listings. Russia real estate owners, agents, and developers are encouraged to create an account, upload an unlimited number of listings, write as much creative property details, include a You Tube property video, and it will be activated as a basic listing for 6 months, free.
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