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Real estate

Moscow real estate increasingly interesting for foreigners

Some are interested in renting the most luxurious elite housing of the de luxe type, others need real estate in the form of an ordinary Khrushchevka apartment. Renting a room or even a bed in a workers' dormitory is quite popular among foreigners from some neighboring countries.

Since the total number of newcomers has increased significantly, demand has grown across all categories, both in the number of people requesting to rent a room and those who are perfectly able to pay rent of up to $20,000 per month.

As experts from the Feodal real estate agency note, Muscovites are more favorable towards the most solvent and less troublesome tenants from European countries. In addition, which is very important and suits Moscow landlords, this category of tenants signs long-term lease agreements; they need Moscow for solving business tasks with a long-term perspective.

Quite often, the lease agreement for an elite apartment is signed and paid for not by the tenant himself, but by his company. Moreover, payment is made in advance, that is, one month ahead. At the end of the rental relationship, the last payment is counted as the last month.

Another valuable point is that a foreigner living under a long-term lease can purchase the rented property from you. Such offers come quite often. Some foreigners, through renting and living for a year, select elite housing to their liking, the demand for which in Moscow grows year by year.

The share of foreigners who own prestigious Moscow housing is steadily increasing. They manage it in different ways. Many, in order to generate income and quickly recoup the cost of purchase, decide to rent out a room or apartment to their colleagues or compatriots.

The location of elite Moscow housing objects usually does not go beyond the Garden Ring. Moscow is impressively represented by pre-revolutionary mansions converted for the convenience of residents. Apartments on Ostozhenka, Arbat, and Chistye Prudy are the dream of any foreign businessman. Everything he needs for business contacts, as well as his country's embassy, is within walking distance.

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