The prospect of buying property at a discount and the desire to move freely around the world has stimulated additional demand for overseas property from the Russians: during the pandemic, the demand for housing abroad increased by 20%. Most people living abroad, expats from other countries also tend to buy second homes in their homeland.Demand of Russians for the purchase of a second property abroad increased by 20% over the period of the pandemic COVID-19. These data are presented in the study Knight Frank. The most popular areas among potential customers analysts call Italy, Spain and Cyprus — interest in property in these countries has increased by 50%.Director of foreign real estate Knight Frank Marina Shalaeva calls the main trigger the desire of consumers to buy property at a discount. For example, in Tuscany it is now possible to find offers with discounts up to 40% — are objects that are forced to sell the owners hard hit by the crisis. In Cyprus, the discount reaches 25%. Similar data were other consultants. For example, the estimated Golden Brown Cyprus, in January—may 2020 30% more applications from Russian investors looking to buy property in Cyprus. The company noted that introduced in the background of the pandemic restrictions on movement around the world has strengthened the Russians in the desire to get a second passport, to be able to leave the country anytime and freely move around the world. In Russia Sotheby’s International Realty recorded an increase in the demand for passports Caribbean 20%.According to a survey by Knight Frank, amid pandemics such transactions have begun to consider 64% of expats. As the key reasons they identified an opportunity to be closer to family, new job offer, a higher quality of medicine and quality of life in their home country, an additional opportunity for travel in the future and the exchange rate.Knight Frank noted that expats generally not aimed at acquisition of income assets and do not consider the prospect to take a second home to rent. According to the company, the specialists who are now based in China, Hong Kong, Singapore and Australia often want to buy property in the UK and the USA. And those who are constantly working in the last of these countries are actively looking for housing in Hong Kong. From the expats in the USA is also high demand for a “second home” in the middle East.Alexander Marcelovidal all available programs in the world “gold” passports and vyschitat next
Investors fly from Russia They are strengthened in their desire to get a second passport
332
Weekly Top
Latest News & Headlines
Mini Hearts Sent to Space for Research Project: Texas Standard Nov....
Today on Texas Standard, we have a variety of stories to discuss from different parts of the Lone Star State.First off, the Texas Supreme...