Property News

Moscow Golf & Luxury Property Show

In April 2012, 20-21, Moscow Golf & Luxury Property Show took place in Exhibition Center “Tishinka”.

The exhibition is known as one of the most significant events on a luxury property. Every year it attracts about 5000 potential clients, and over 100 companies from different countries take part in Moscow Golf & Luxury Property Show. On the last exhibition among the participants there were leading developers and constructing companies, real estate agencies, golf clubs, luxury hotels and resorts, golf equipment producers, investing experts, international airlines, travel agencies, media, etc.

Moscow Golf & Luxury Property Show 2012 demonstrated very strong interest of Russian customers to the international market of luxury property. As experts say, this market sector is characterized as the most stable even in the conditions of global financial crisis. The price of luxury property is increasing (average 5-7% a year), and that attracts more and more investors.

The strongest demand can be observed on the luxury property markets of Great Britain, Spain, Germany, France, and UAE. During the Moscow Golf & Luxury Property Show 2012 the visitors were eager for knowing more about real estate in Italy, Bulgaria, Montenegro, Malaysia, Canada, etc. According to the opinion of the market players, the demand for luxury property will increase, and on the background of the limited supply of new properties the prices will increase as well.

This tendency concerns not only new properties: owners of luxury villas or apartments often prefer to withdraw the property from sale for some time then to decrease price. That is a peculiarity of luxury property market, that is consists of making a rather quick deals because the luxury properties are increasing in price constantly, are unique, and don’t stay long on sale. Russian investors know that very well, and are ready to make up their very quickly.

All mentioned above made the atmosphere on the Moscow Golf & Luxury Property Show 2012 very practical and businesslike. However, there was a place for fun! According to the idea of the organisers, the combination of businesslike atmosphere and festive mood, which is a main feature of success, is one of the distinguishing characteristics of the Show. The visitors Moscow Golf & Luxury Property Show 2012 were able to practice their skill in golf on the golf field constructed in the exhibition pavilion, and to have a rest on the Moscow Golf Show Party.