New statistics on the buying habits of Russian investors

1-property.ru releases new statistics on the buying habits of Russian investors

As Russians prepare to travel for their summer holidays, 1-property.ru, one of the leading Russian overseas property portals has released statistics on the most 'searched' destinations for potential Russian investors for the period May/June 2011.

Bulgaria remains the undisputed leader taking 17% all searches. Spain has increased its share of searches and continues to occupy 2nd place with 14%. Turkey completes the top 3 with 11%. Montenegro remains popular for Russians searching for real estate abroad with 10%. The leaders table for Russian searches for Property Abroad in May/June 2011 is as follows:

• Bulgaria - 17%
• Spain - 14%
• Turkey - 11%
• Montenegro - 10%
• Italy - 6%
• Czech Rep. - 5%
• Cyprus - 5%
• Germany- 4%
• Greece - 4%
• France - 3%
• Others - 21%

Russians are looking for expensive property – The quantity of Russian visitors looking for up-market property priced at €.1 million and over has increased from 4-5%. Those looking for luxury property above €.2 million from 5-8%