News
Overseas Property: opening of the season
Experts claim this year to be favorable for the purchase of overseas property. Citizens of Saint-Petersburg will get a chance to familiarize with underestimated destinations, receive individual consultations and select a property on the Overseas Property Exhibition. The event would be held on February 27-28.
The Exhibition will be organized in a convenient location - at the Russian North-Western Exhibition Center (Pobedy sq., 2, “Moskovskaya” subway station). A saturated business agenda has been prepared for the visitors: seminars, consultation centers, as well as the expository part (the exhibition itself). Admission and all consultations are free of charge.
The Exhibition is jointly organized by one of the largest media-holdings on Russian North-West, Group of Companies “Bulletin of Real Estate” and a leading Russian portal dedicated to overseas property - Prian.ru.
The Exhibition is supported by Russian, foreign and international professional organizations, key topical printed and on-line editions. Consul Generals of Spain, Turkey, Finland and Cyprus in Saint-Petersburg have joined the Organizing Committee of the Exhibition.
INFOREAL is one of the leading exhibitions in Saint-Petersburg – it is inevitably demanded by a large number of citizens. Thus the preceding event, held in October 2009, despite an economic crisis, has been visited by more than six thousand people.
The topic of overseas property itself has become increasingly popular nowadays. Foreign markets provide Russians with wide opportunities: it is possible to buy a property on a world-renowned resort, in order not to be dependant on the availability of hotel rooms while vacating, possibly letting the unit while it is not used. Besides that, owning a property helps in obtaining a visa or a residence permit in certain countries.
Overseas property is also appealing to investors. If you correctly choose a country with a price-growth potential (that said, specialists on the INFOREAL Exhibition would assist you in doing so), it is possible to earn good money. Besides that, don’t forget, that the entrance threshold on many foreign markets is way lower that on St. Petersburg housing market. Moreover it is possible to purchase a spacious home in certain countries (for example: Bulgaria or Egypt) for the same money that you would’ve spent on a one-room flat in St. Petersburg’s bedroom district.
The visitors of the Exhibition will obtain comprehensive information, no matter wherefore they purchase overseas property. Professionals will familiarize visitors with cost situation on the market, inform on additional expenses (taxes, maintenance), warn against possible risks, and help – if needed – in correcting the purchasing goals. After all, sometimes a potential investor comes to a realtor, convinced that he needs a villa on a sunny beach, but in fact, a flat in the center of a business district can turn out to be even more profitable, if rented-out all-year-round.
In addition to the stands of exhibiting companies, Consultation Centers on Overseas Property and Vacation Abroad will also be operating on the Exhibition. The INFOREAL agenda includes numerous seminars. Some of them would be dedicated to property markets of specific countries - Bulgaria, Italy, Spain, Finland, etc. Others would be carried out in a format of an overview (e.g. a “Buying property for 20-100 thousand euro”). Technical issues would also be discussed: correctly entering various states upon purchasing property (plus a possibility to obtain a residence permit), paying for a transaction, transferring money abroad and opening an account in a foreign bank.
Each visitor will receive a free copy of the “Overseas Property Buying Guide” - a thorough reference-book for a buyer.
The INFOREAL Overseas Property Exhibition will be held on February 27-28, 2010. Venue: Russian North-Western Exhibition Center (Pobedy sq., 2).
Working hours: 11 am to 7 pm. Admission and consultation of experts are free of charge. If you have any questions please call us: +7(812)346-86-28 or visit the official website of the event: www.realfor.ru.
Alexey Rezenkov
29.01.2010 02:20

