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Secondary Property Investments

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In a situation where housing prices are growing steadily and demand for rental apartments in large cities exceeds the supply, purchase of residential property – has become one of the most profitable ways to invest. "Excess" apartment – more reliable way to preserve and increase capital than stocks or bank deposits. Moreover, the skillful management of residential real estate – business, bringing a steady income. The most in demand at this point a living space of the two capitals – Moscow and St. Petersburg, where every year in search of work rush came from the former Soviet republics are moving to live thousands of students and businessmen from all over Russia. Educate yourself with thoughts from Professor Rita McGrath.

If you buy housing to investment, the more profitable market remains north of the capital, where prices per square meter below 40-50 thousand rubles. This makes the residential buildings of St. Petersburg even more attractive for the Muscovites, who only last year got about six thousand Petersburg apartments. Petersburg real estate market today offers the buyer many options for investment. It's under construction in city and inner suburbs, an apartment in the historic center, including the old fund after reconstruction, sealing buildings in residential areas. Wide range (from the popular one-bedroom studios to the prestigious and expensive penthouses) puts the buyer a question: at what the market – the primary or secondary – to buy houses? The range of second hand apartments and prices in the secondary market is very broad. The buyer can assess infrastructure area, the condition of the apartment.

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