Real estate in the center of St. Petersburg is the most popular among expatriates, informs the real estate agency Home estate in its research.
The demand for accommodation in St. Petersburg among foreigners is not high, but rather stable. Many foreigners own business in the city, so they live there for a long period of time. That is why a purchase of accommodation is not an investment.
Choosing an apartment expatriates pay their attention first of all at nearness of historical sights, the view from the window and the historical value of the building. The price of such real estate may vary form $2800 up to $6250 for a square meter.
Sources: http://realty.lenta.ru
Author: Irina Fomina