By Svetlana Kononova, Special to Russia Profile
France and Italy,” she added.George Shishkovsky, the managing director at the LondonDom.com estate agency, which specializes in UK real estate, agreed: “I would say customers from Russia and the former Soviet republics started buying more that they used to before the crunch - not only prime-class properties, but average two-bedroom flats, which cost about ð‚¤1 million in London. It shows that the middle-classes are trying to invest their money in the traditional property market,” he said.
Shishkovsky claims that Russians are interested in the best areas of London. They prefer to invest money in the more modern, spacious buildings in the city center, preferably with car parking and security. Since the number of such properties is limited, they will also consider more traditional residential properties, such as townhouses and flats in Victorian houses. A novel trend is a growing number of buyers who wish to renovate flats or houses to their own taste.
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