Despite the difficult financial situation, interest in foreign real estate on the part of St. Petersburg residents is growing: many of them consider buying a house abroad as an opportunity to save and successfully invest funds. In response, the number of participating companies in the Salon, which was traditionally held as part of the Real Estate Fair, is also increasing.
"The growth of interest in foreign real estate, which we have observed since the first Salon in 2006, has moved into a phase of active demand," says Maria Schuldiner, director of the Salon of Foreign Real Estate. "The exposition has increased by a third, and the target audience of the exhibition has also increased by a third." In three days, about 9,000 people visited the "Salon of Foreign Real Estate"; in general, about 30,000 visited the "Real Estate Fair".
Offers in accessible destinations were especially in demand, but visitors were also interested in exotic markets. 68 companies offered Bulgarian real estate at the exhibition, 34 companies from Spain and Portugal, 18 from Cyprus and Greece. In addition to inexpensive (from 40,000 euros) options in Bulgaria, Montenegro, Turkey, Egypt, exclusive properties in France, Italy, and the United Kingdom were also presented.
"St. Petersburg residents have already become accustomed to the fact that, in terms of price/quality, foreign real estate is more attractive than in Russia," Maria Shuldiner notes. "However, now that citizens are ready to invest in real estate in order to save their savings, it turned out that only foreign companies can offer them investment–attractive objects worth up to 1.5 million rubles."
It is not surprising that of the 26 events included in the business program of the VI Salon, the largest audience was gathered by the seminar "Overview of affordable housing markets abroad".
According to the reviews of the exhibition participants, this season visitors were most often interested in objects on the secondary market and houses and apartments, the construction of which is being completed in the near future. This confirms the forecasts of the Salon organizers regarding the growth of the investment attractiveness of housing abroad: residents of St. Petersburg consider investments in real estate as a real alternative to the stock market and banks, confidence in which has noticeably fallen this autumn.
Pafilia Property Developers became the general sponsor of the VI Salon of Foreign Real Estate.
The next, VII, "Salon of foreign real estate" will be held on March 20-22 in the St. Petersburg CCM.
"The growth of interest in foreign real estate, which we have observed since the first Salon in 2006, has moved into a phase of active demand," says Maria Schuldiner, director of the Salon of Foreign Real Estate. "The exposition has increased by a third, and the target audience of the exhibition has also increased by a third." In three days, about 9,000 people visited the "Salon of Foreign Real Estate"; in general, about 30,000 visited the "Real Estate Fair".
Offers in accessible destinations were especially in demand, but visitors were also interested in exotic markets. 68 companies offered Bulgarian real estate at the exhibition, 34 companies from Spain and Portugal, 18 from Cyprus and Greece. In addition to inexpensive (from 40,000 euros) options in Bulgaria, Montenegro, Turkey, Egypt, exclusive properties in France, Italy, and the United Kingdom were also presented.
"St. Petersburg residents have already become accustomed to the fact that, in terms of price/quality, foreign real estate is more attractive than in Russia," Maria Shuldiner notes. "However, now that citizens are ready to invest in real estate in order to save their savings, it turned out that only foreign companies can offer them investment–attractive objects worth up to 1.5 million rubles."
It is not surprising that of the 26 events included in the business program of the VI Salon, the largest audience was gathered by the seminar "Overview of affordable housing markets abroad".
According to the reviews of the exhibition participants, this season visitors were most often interested in objects on the secondary market and houses and apartments, the construction of which is being completed in the near future. This confirms the forecasts of the Salon organizers regarding the growth of the investment attractiveness of housing abroad: residents of St. Petersburg consider investments in real estate as a real alternative to the stock market and banks, confidence in which has noticeably fallen this autumn.
Pafilia Property Developers became the general sponsor of the VI Salon of Foreign Real Estate.
The next, VII, "Salon of foreign real estate" will be held on March 20-22 in the St. Petersburg CCM.