Russians rushed to buy housing in a foreign country

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Russians are actively investing in real estate in Thailand – in the first half of 2023 they bought 702 apartments in this country. This was reported by the Russian-language news portal “Phuket News” Excerpt from data from Thailand Real Estate Information Center (REIT).

In terms of purchase volumes, Russians take second place among foreigners after Chinese citizens, who carry out half of all transactions with foreign buyers. At the same time, demand from Russians is growing faster than the market; 2.5 times compared to the same period last year.

According to REIT manager Vichai Weeratkaphan, the Chinese continue to lead both in the number of housing transactions and in monetary terms. But the Russians confidently take second place.

At the end of July the Russians started We are becoming more active in acquiring real estate in Egypt.

It has been said to the Russians before. will With apartment prices following rising mortgage rates.

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