Major survey at Moscow International Investment Show

International Residence, the leading Russian property magazine, has just released their survey results taken during the Moscow International Investment Show held in March.

This prestigious show attracted 181 companies from 29 countries, and 6,823 visitors. This was a record number of investors, for this 8th edition of the two day event.

International Residence conducted their own survey at the show, randomly selecting 499 visitors to answer questions, providing a broad cross section of the market in Moscow and the Moscow regions.

There was a noted shift in the actual amount that buyers were prepared to invest with most popular amount selected by over 40% being between ?100,000 to 250,000. However over 10.5% questioned were planning to spend in excess of ?500,000, consistent with previous shows.

The most popular choice for buying international real estate was in Bulgaria, followed closely by Spain, with third place going to Turkey. 66% said they were looking for apartments and 49% planned to buy in the next 12 months.

Only 27% said they were buying as an investment where as 53% were buying for leisure purposes.

AI Group CEO and organiser Kim Waddoup said, ‘ After what has been a fairly tough time for the global real estate industry, the attendance figures at our show and the results of the magazine’s survey, certainly indicate that although Russian investors remain cautious, they are most certainly continue to invest abroad. This has to be most encouraging for the participants in our 2011 events and the future.’

Svetlana Andryukina, Editor of International Residence magazine added, ‘We publish 35,000 copies of our magazine twice a year, and have definitely noticed that there is continued interest from our readers for leisure real estate. Regular destinations for Russian buyers including Montenegro, Germany, Hungary, Finland and the Czech Republic are again growing in popularity.

International Residence is Russia's first publication to specialise on International Real Estate and Developments. In each issue they offer professional advice and clear information for wealthy Russians who are looking to make international investments.

There are two editions of International Residence each year to ensure long and continuous coverage for advertisers. The spring edition is published in February and the autumn edition in September. International Residence magazine is printed only in the Russian language.

Due to the specific nature of the Russian speaking markets, the aims of the magazine are to be informative and to appeal to a wide range of reader profiles throughout the Russian speaking countries. In addition to specialised property & development articles/features the magazine also includes specialised travel information and articles that are of interest the targeted audience.

For full copy of their survey visit www.internationalresidence.ru