In an environment of sanctions crisis and general economic uncertainty in the Russian market, citizens need to pay attention to real estate-related investment vehicles. They will ensure that you receive a high profitability guarantee on a monthly basis in 2023, opens the words of the newspaper “Izvestiya” by digital economy committee member “Opory Rossii” and investment club founder Alexander Stekolnikov.
“There are a number of investment vehicles mainly related to real estate that will provide guarantees for security, profitability and return on invested capital. Firstly, these are loans secured by liquid residential and commercial real estate in Moscow and the Moscow region. The investment threshold starts at 5 million rubles and provides a guaranteed return of 24% to 36% per year under a loan agreement.
According to him, other options for generating income in 2023 will be: to buy land in the Moscow region at a discount for further sale, as well as to buy apartments at a discount of 15 to 25% for renovation and resale.
“In the first case, the investment threshold starts from 20 million rubles and provides an estimated return of 40 to 60% per year for a distance of 3 to 5 years. In the latter, the investment threshold starts at 10 million rubles and provides an estimated annual return of 25 to 40%,” he said.
January 29 Olga Daineko, expert of the Financial Literacy Center (NIFI) of the Ministry of Finance of Russia listed Types of loans for Russians, which are better not to mess with in 2023. Among them, he referred to: 15-minute loans, point-of-sale loans, and consumer loans rather than mortgages.
Source: Gazeta
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