The Fiddler on the Roof or Moskva-City? | Russian Real Estate Investment

An updated version of this post is available HERE.

Is it possible for foreigners to own real estate in Russia?  The answer is YES!

This blogger works in the area of real estate, and I can say that there is a rapidly growing interest in real estate investment in Russia.  I thought it would be interesting to share a few of the investment opportunities in Russia that have crossed my desk in recent weeks:

The Fiddler on the Roof

You can learn how to play the balalaika, buy a cow, move to the village, and build your very own banya. I guess this is an investment mainly in the sense that you would be investing in something like peace and quiet… or unforgettable life experience.


Do you like carrying water and chopping wood?  Then this is for you!

Here’s a brick house for sale in a village in the Rostov region.

A Real Estate Investment/Medical Business

Not only is Russian law very open to the foreign purchase of real estate, it is also very open to foreign ownership of local businesses.

Here’s a clinic in the city of Perm, Russia that is selling both the facility, and also the licensing and business documents.  The clinic claims to have an annual stream of about 15,000 patients.


You can own a functioning medical clinic in near Siberia for under $400,000 USD

There are a large number of real estate/business offers ranging from medical clinics to factories to stores or even small apartment buildings with long-term renters.  The latter has become a popular option among foreign university students, presumably financed by relatives from back home.

The “Apart-Hotel”

This is perhaps my favorite.  You can essentially buy an efficiency apartment in a hotel facility and either live there, rent it out yourself, or sign a contract with the hotel management in which they operate your apartment and you split the profits with them, often an 80/20 split.  There are many such options in Moscow and St. Petersburg, often located in high demand areas of the city.

For example, the Tverskaya Residence complex in downtown Moscow offers both penthouses (at $5 million USD and up) and also smaller efficiency apartments (starting at around $267,000) in the hotel portion of the building.  It offers a guaranteed annual return on investment of 10%, creating a true passive income with your real estate investment.

It’s the hotel’s responsibility to attract customers, service the room during their stay, clean, fix any damages… and transfer money to your bank account.Снимок экрана 2020-01-22 в 20.51.47.png

These 3 Russian Real Estate Investment options are only the tip of the iceberg.  It has been encouraging to see this uptick of serious long-term interest from foreigners from all around the world.

It’s cool to be a part of options with such a strong upside, help provide management options for the foreigner if they don’t plan to live in Russia, and also steer them away from dubious investment situations.


It’s easy to forget about the villages when you visit Moscow’s vibrant Moskva-City district

Whether you are looking for an office in Moskva-City or have always dreamed of living in a Russian village, the doors are open, and you can start making steps towards a more serious long-term relationship with Russia today. And perhaps nothing shows how vast and diverse Russia is than all of its real estate investment opportunities.

And as I work in real estate, I enjoy being a small part of opening the potential of Russia to the world.  Welcome to Russia!




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