Yekaterinburg Russia Real Estate
If you've always dreamed of spending a summer in St. Petersburg and seeing Red Square in the snow, now is the time to discover everything Russia has to offer. Russia's fifth-largest city has a few thriving industries that attract expats, but the city's office real estate market is underdeveloped and is made up of Soviet-era holdings. Property prices are high, but not as high as in other parts of the country, such as Moscow.
The public housing market is limited - there are currently only a handful of listed real estate companies, and the only way to invest in this market is to invest in one of them. This is true, given that Russian insurance authorities still classify real estate investments as risky. There are only two privately listed real estate companies in the city, which means that there is limited investment potential in them, as well as limited exposure to the market.
A resident is a person who has lived in Russia for at least one year and in the last 12 months. If you receive any income from Russia, you still have to pay taxes if you live in Russia - there is a personal income tax of 13% paid by residents inRussia. This tax is paid by all residents regardless of nationality, age, gender, marital status or income level.
This article is aimed at interested investors who want to invest safely in Russian real estate and achieve higher rental income. If you want to buy property in Bulgaria, you can read more about it here, here and here. Do you know anyone who can talk to your local real estate agent and know how to contact them in Russia, Bulgaria or any other part of the world for more information?
Bulgaria has been a recognised leader in countries where Russians buy real estate for many years, and we have helped hundreds of citizens from Russia and the CIS settle in the country and become owners of Bulgarian property for 12 years. In recent years, however, Bulgaria has lost this leadership position, as Russians sell real estate in other parts of the world, such as the United States, Canada, and Europe.
Russia is also well equipped - with public transport, with a high-quality metro network that provides access to a wide range of destinations, such as Moscow, St. Petersburg, Vladivostok and Moscow. In the 2012 and 2018 presidential elections in Russia, the country is considered one of the most progressive countries in the world, with an active and well-developed civil society and a high degree of democracy.
According to Russian data, it is the second largest market in the world after the USA and is among the top 10 most attractive markets for real estate in Russia. What is attractive and what is interesting and recommendable is designated as the most desirable location in Moscow, St. Petersburg and Vladivostok.
The average net domestic product per person is 150% of the national average, while Kazan in northeastern Russia has more than 5 million inhabitants and an NDP of 41% (Russian average). The region is second only to Moscow in terms of construction volume, which includes Moscow, St. Petersburg and Kazen, and third in terms of population.
By 2021, Russia's GDP will be higher than Germany's, and the Russian Federation will move up to fourth place in the world rankings. Taking into account land acquisition in Moscow, the total area of land available for real estate development today is at least 800,000 square meters, resulting in a net domestic product per person of more than 1.5 times the national average. These include the capital Moscow and St. Petersburg, as well as the rest of the country.
By 2020, it will be possible to buy a one-bedroom apartment in Moscow for 15,000 euros, with a net domestic product 1.5 times the national average. For most of our readers, any place outside Moscow and St. Petersburg on this planet will seem almost as alien to you as any other place on this planet. If you look at the real estate market in Russia's second largest city, Moscow, you may find yourself in the middle of Siberia, but you have the opportunity to live in one of the most beautiful cities in the world, the capital of Russia, with an average income of more than 1,500 euros per month.
The cities of Kazan, Irkutsk and even Vladivostok are not in this galaxy, but Yekaterinburg is a special case. Although it lacks some of the cultural benefits of cities like Moscow, it is still a great place to live in Russia's second largest city, the capital of Russia, with an average income of more than 1,500 euros a month. When it comes to designing and planning real estate, you can live in a galaxy far, far away.