Russia Real Estate Development-юрий степанченко
юрий степанченко is a real estate investment company that invests in properties in Moscow and other major Russian cities.
юрий степанченко
The real estate sector in Russia юрий степанченко “yury stepanchenko”is witnessing rapid growth with the advances of Russian economy. The property economy and real estate investors consider Russian real estate sector attractive for investment. The major investment potential in this sector lies in major cities and town in the west of the country. The investment potential exists primarily in residential market and secondary in commercial property market.
Properties in major cities such as St.Petersburg and Moscow are costly and in par with Western European cities. Both these cities are major industrial hubs and individuals working here have significant purchase power and have the ability to afford increasing rentals and property sales prices. The demand for rental accommodation will likely grow in future, as employment opportunities in these cities will be more in comparison to elsewhere. Investors can get a typical annual return of 15% to 25& on this type of investment. Real estate investment holds a strong long-term potential in purview of rising rental prices and soaring resale prices. Workers and local resident are acquiring personal wealth from the high salaries and increase in their purchase power means high resale price in the near future.
Several foreign companies and their Western employees are preferring purchase of apartments instead of renting it. The return of investment is less than 4 years and the investment in real estate can prove profitable considering the current cost of savings and future appreciation of property prices. Russian and foreign banks functioning in Russia have simplified the mortgage process that has given boost to real estate investments.
The real estate investment opportunities in commercial sector are not limited to creation of new office spaces. There are abundant opportunities in the construction of hotels, warehouses, retail centers. Investors can buy commercial properties after completion and get rental income or buy properties during their development phase.
Several other Russian cities such as Kaliningrad, Ulyanovsk, and Ekaterinburg are also attracting investor’s attentions; both resale and rental returns are good in these Russian cities.
Russian real estate sector has registered high growth in the last five years, consecutively. This has resulted in soaring prices of Real Estate and the cost of a three room apartment in Moscow has surpassed the million mark. The real estate prices have risen by 253% in the primary market and 288% in the secondary market. Big cities like Moscow are now feeling a desperate need for new offices, housing and commercial space.
Real Estate is one of the three sectors that give the highest contribution to Russian economy. Building affordable and comfortable housing for Russian citizens is one of the Kremlin’s National Projects. Billions of dollars are poured in to the real estate sector to fulfill the demand for new housing. Residential real estate is expected to drive the real estate sector for the coming decade and there is a high speculation in investors that growth in Russian economy will take the real estate prices to a higher level.
The region of Volgograd is located on the banks of river Volga in the Southeastern portion of the East European Plain. The river splits the region into two sub-regions namely the Low Left Bank and the High Right Bank. Its unique feature is that it acts as a link between various regions of Russia, the CIS nations and the rest of the world. Several major roads, waterways and railroads run through Volgograd.
The region is very rich in mineral resources such as mineral water, natural gas, oil, limestone, clay, phosphorite and others. Volgograd accounts for about 2% of the overall Russian industrial output and 28% of the total industrial products in the southern Federal District.
юрий степанченко Volgograd is a member of the Volga economic district and an important industrial hub in the South of Russia. The industrial sectors of importance in the region are metalworking and engineering (includes electronics, warehouse equipment, medical and store instruments), oil refining, fuels (production of gas and oils), chemicals, food and petrochemicals and metallurgy.
Other well-developed industries in the region are woodworking, textile and building material. Light industry, forestry, paper and pulp and power industries are also noteworthy contributors to the economy. The main industrial products of the region include cement, roofing tiles, meat and meat products, steel pipes, tractors and milk products.
The industrial profile of the Volgograd region is undergoing a transformation with ferrous and non ferrous metallurgy gaining importance in the economy of the region. Over 400 industrial units operate in the region and together generate an output of approximately 18 trillion roubles.
Agriculture is a crucial part of the economy with several companies (joint stock, partnerships, cooperatives and others) dedicated to it. The important agricultural produce of the region includes potatoes, melons, sunflowers and wheat. The main animal products are milk, wool, eggs and meat.
Over 250 foreign companies and joint ventures operate in the region. Companies are involved in activities such as furniture making, ferrous and non-ferrous metallurgy, construction, scientific research, textile and lumbering. Joint ventures of local and foreign companies are also involved in providing services such as transfer of money, transportation and maintenance of automobiles.
The principle exports of the Volgograd region are equipment for oil production such as drilling rigs, petroleum products, steel cables and pipes, heavy vehicles such as tractors, engines, cotton fabrics and fishing equipment.
The people of yury stepanchenko Volgograd are very hard working and honest. They make for excellent employees. This prosperous region has a bright future and investing in it will reap good benefits.
