Press Release: Statistics from the Russian overseas property Market Jan-May 09

Press Release: Statistics from the Russian overseas property Market Jan-May 09

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Recent statistics produced by, Russia’s leading Overseas Property Portal for the first 5 months of 2009 reveal many interesting and encouraging trends:-

Top destinations: Based on the statistics for the first 5 months of 2009:-

  1. Bulgaria 19.4%
  2. Spain 10.6%
  3. Turkey 6.7%
  4. Ukraine/Crimea 6.7%
  5. Montenegro 6.2%
  6. Czech Republic 5.1%
  7. Cyprus 4.1%
  8. Italy 3.9%
  9. Egypt 3.8%
  10. Germany 3.5%
  11. USA 3.4%

The top ten account for 73.4% of the total number of searches. Other locations in the 10-20 positions were; (11) Finland, (12) France, (13) Greece, (14) UAE, (15) Croatia, (16)Thailand, (17) Kazakhstan, (18) Australia, (19) Portugal, (20) Switzerland.

Prices: The trend for the first 5 months indicates that the number of searches in the lower priced sectors have increased substantially with 22% more searches in the €100,000-200,000 range. Searches for property over €500,000 have decreased slightly.

Locations: Moscow continues to dominate the number of searches with more than 45% of the total, however in the last 5 months, the number of searches from St. Petersburg have increased by more than 27% further indicating the potential of this region.

Up-coming events:

  • 02&03 October Moscow International Investment Show
  • 16&17 October St. Petersburg International Property Show
  • 13&15 November Moscow International Property Show

About Established in 2003 is Russia’s leading specialised International Property Portal providing a professional platform for overseas developers and agents to promote and sell their properties to Russian buyers. Substantial marketing ensures that 1-Property features high in all Russian search engines resulting in substantial numbers of enquiries for advertisers.

As a sponsor to all the leading Property Shows in Russia, is able to provide statistical reports based both on internet searches and ‘live’ research at leading property shows in Russia.

Additional information on 1-Property can be obtained from:-

Olesya Zubova
Tel +7 495 926 9695