Apartments without a residential destination in Russia

In recent years, the popularity of apartments without a residential destination in Russia has been growing. These apartments are called апартаменты in Russian. Apartments with a residential destination are called квартиры in Russian. In this blog post I will refer to apartments without a residential destination on his Russian as apartamenty and to apartments with … Read moreApartments without a residential destination in Russia

Russian Under Construction Properties, The Rules From July 1, 2019

Acquisition of under-construction Russian real estate is not a new topic on this blog. See this blog post. However,  starting on 1 July 1 2019 new rules regarding shared construction agreements (договор долевого участия в строительстве) went into effect, changing the rules drastically. Probably the new rules will no doubt have a big impact on … Read moreRussian Under Construction Properties, The Rules From July 1, 2019

Selling a Russian Apartment, A Fiscal Perspective

 On 1 January 2019 new rules regarding taxes that must be paid when selling Russian property went into effect. That’s the reason I decided to update this blog post. This article is a sequel to my blog posts about the second-hand real estate market and the one about acquiring Russian under construction properties.  What is … Read moreSelling a Russian Apartment, A Fiscal Perspective

Risks related to acquiring new residential real estate in Russia

Example of new real estate in Russia

Update July 17, 2019. Because of the amendments to the Law on Shared Construction Agreements, I have decided to publish a new blog post about the rules after this amendment has entered into force. Although the information in this blog post is no longer up to date, it still contains relevant information for understanding the … Read moreRisks related to acquiring new residential real estate in Russia

Risks of buying second-hand residential real estate in Russia

  With the weak ruble, many foreigners are looking with increased interest at the Russian real estate market. Indeed, there are pearls to be found. However, there are considerable risks attached to buying real estate in Russia. There are different risks for ‘second-hand real properties and for new properties. In this post, I name the … Read moreRisks of buying second-hand residential real estate in Russia