Hi Everyone,

Quite often Russian buyers acquire properties in the foreign countries where they travel for pleasure or business. Now the summer travel season is upon us.

The success (or failure) of the spring international real estate exhibitions in Russia can serve as some indicator of the upcoming summer investments by the Russian buyers abroad. At an expo they looked at their options, made connections, and then they travel to visit and purchase the properties.

I've come across an interview Kim Waddoup, director of one of the most popular international real estate shows in Russia. He talks about the results of this spring season. Here's a short resume for you in English.

It's been 15 years of working in Moscow and St. Petersburg for this company organizing real estate shows for international exhibitors and Russian buyers. There were fat and lean years during this period. There were trends, new trends and shifting trends, too, in terms of the most popular countries and types of properties for the Russian buyers.

This spring the Moscow expo of this company has attracted 92 international exhibitors from 30 countries. Is it a great or poor result? Let's compare with the past years of the same expo: 200 exhibitors at some point… Thus, it happened to be twice as more cheerful for the expo organizers some good time in the past, but they are hopeful nevertheless and say that the next season might entice about 100 exhibitors. In spite of the political situation in the world, the Russian buying market is growing, but slowly.

Also during the interview the latest tendency has been confirmed: nowadays the Russian buyers are safeguarding their money and prefer to invest in international properties with a good future profit potential.

(Note: promoting your properties on real estate shows in a foreign country, Russia including of course, is very effective, if you chose the right show, country, city and time, but definitely, it's not cheap!)

To your best business success,

Sincerely,