The first major overseas property event for the Autumn season took place in the centre of Moscow 01&02 October when the 7th Moscow International Investment Show saw more than 6,400 unique visitors pass through the doors to meet with the 172 participating companies representing 30 countries.
As the main media sponsor, International Residence, Russia’s leading overseas property magazine, was again strongly represented . “The Moscow International Investment Show is very important for us, we meet with many of present and future advertisers and as the main sponsor we are able to ensure that every visitor receives a copy of our latest issue. This is a highly targeted audience and therefore produces excellent results for our advertisers” - reported Natalie Kovaleva Project Manager for International Residence Magazine.
As could be seen by the crowds at the show the interest in investing abroad continues to grow in Russia and International Residence used this opportunity to gather market research and compile statistics from this focused audience.
60% of those interviewed stated that they are more interested in residential real estate abroad, 16% were looking for commercial and the remaining 24% were undecided.
Asked when they were intending to buy, 47% replied within the next 12 months, 44% within 1-2 years and 9% indicated later
As to the value of the projected purchases 24% are looking for investments up to €.100,000 , 26% from €100,000 to €.250,000, a further 26% from €250,000 to €500,000, 16% from €.500,000 to € 1 million and 8% looking to invest more than €.1 million
When asked if they would be seeking a mortgage for the purchase 46% indicated that this was a possibility, 38% stated categorically no to a mortgage and 16% were undecided. Most stated that they would only consider a mortgage from a foreign bank
The question of which countries were of most interest to them, produced some interesting results:- Spain 21%, Bulgaria 16%, Italy 12%, Thailand/China/Malaysia 11%, France 8%, Germany 7%, Turkey 6%, Cyprus 6%, Montenegro 5%, Greece 4% and Latvia 3%. Also of interest were Czech Republic, Croatia, United Kingdom, Portugal, Slovakia, Holland and Dominican Republic.
The Next shows where International Residence is the main media partner for winter 2010/11 are scheduled as such
ST. PETERSBURG INTERNATIONAL PROPERTY SHOW -15 – 16 October 2010
MOSCOW INTERNATIONAL PROPERTY SHOW - 12 – 13 November 2010
BULGARIAN PROPERTY SALON - 11 – 12 February 2011
MOSCOW INTERNATIONAL INVESTMENT SHOW - 11 – 12 March 2011
ST. PETERSBURG INTERNATIONAL PROPERTY SHOW - 01 – 02 April 2011
MOSCOW INTERNATIONAL PROPERTY SHOW - 08 – 09 April 2011
GOLF & LUXURY PROPERTY SHOW - 22 – 23 April 2011
about aiGroup
aiGroup is a Moscow based company that has been at the leading edge of innovation and development in the overseas property market from Russia since 1992. With more than 18 years experience in the developing Russian markets, aiGroup is highly qualified to offer you effective marketing solutions. By building on the experience of the early \'pioneer\' days, the company has established a desirable position of strength within the real estate & investment and tourism & golf markets.
Contacts:
Mr. Kim Waddoup
aiGroup
Tel +7 495 926 9695
Are you looking to buy property in Russia ? Moscow , Agios Athanasios
Are you looking to rent property in Russia ? Sankt-peterburg , Moskva , Saint Petersburg , Moscow , Москва
Author
Nick Marr
I am an internet entrepreneur with a passion for driving big audiences and a love for real estate. I have had plenty of ups and downs which has given me the experience to help others launch their own businesses. I enjoy projects that save consumers time and money, challenge convention and add real value to peoples lives.