Russian and CIS property transactions abroad are declining but demand for commercial property is picking up the slack.
Russia’s recession has hurt foreign investments, but it has not affected their buying habits as buyers continue to seek out luxury residential property abroad.
Holidays in Hungary can be lucrative. We met with Tranio client Julia who earns a fixed monthly income from rental property in the capital, Budapest.
Dmitry, a Tranio client, has a business in Slovenia and children to educate. He tells us how, by buying a flat in Ljubljana, the country’s capital.
Tatiana (47), a lawyer from Moscow, and her husband had other reasons to buy a property in Hungary’s resort town of Hévíz: it will get their son, who’s studying in Europe, an EU residence permit.
Elena, a Tranio client, decided to invest her family’s savings in an apartment abroad that could be leased out.
Tranio reports on the growing popularity of European property.
Buying property overseas can be daunting, especially the first time. client, Sergey (28), has just disproved these theories after finding and reserving a property in a record five hours!
Muscovite Vladimir Kolesnik used to travel