1-property.ru releases new statistics on the buying habits of Russian investors

As Russians prepare to travel for their summer holidays, 1-property.ru, one of the leading Russian overseas property portals has released statistics on the most ‘searched’ destinations for potential Russian investors for the period May/June 2011.

Bulgaria remains the undisputed leader taking 17% of all searches. Spain has increased its share of searches and continues to occupy 2nd place with 14%. Turkey completes the top 3 with 11%

Montenegro remains popular for Russians searching for real estate abroad with 10%

The leaders table for Russian searches for Property Abroad in May/June 2011 is as follows:

Bulgaria - 17%
Spain - 14%
Turkey - 11%
Montenegro - 10%
Italy - 6%
Czech Rep. - 5%
Cyprus - 5%
Germany- -4%
Greece - 4%
France - 3%
Others - 21%

Russians are looking for expensive property – The quantity of Russian visitors looking for up-market property priced at ?.1 million and over has increased from 4-5% and those looking for luxury property above ?.2 million from 5-8%