Where Russians Prefer to Invest in Real Estate: Turkey Tops the List

According to a ranking of the most sought-after countries for foreign real estate investments by Russians, Turkey, the United Arab Emirates, and Georgia lead the way. This information was reported by MK.

The media outlet cites data from Tranio, an international real estate broker, indicating that 24% of Russian investments in real estate were made in Turkey, 10% in the United Arab Emirates, and 9% in Georgia, while both Spain and Greece accounted for 8% each.

Additionally, Cyprus, Thailand, Montenegro, France, and Indonesia made it into the top ten. It is noted that during the first eleven months of 2022, the demand for foreign real estate among Russians grew by 89%, significantly outpacing most other countries in the CIS.