   
marie_karr
Posts: 9
Joined: 27/2/2007
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 Is Moscow now the best place to inv...
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Consider this report by GPG:
" The average price of an apartment rose to US$16,363 per sq. m. in prime Moscow districts in Q3 2006, according to Knight Frank, Moscow. Re-sale apartment prices rose 62.8% in the three quarters to Q3 2006. Newly built apartment prices rose by 79% in the three quarters to Q3 2006. A small three-room apartment (60 sq. m.) in central Moscow is now worth US$1 million. First-class apartments can command twice that or more – US$30,000 per sq. m. and up is not unknown."
source: Moscow just keeps on booming!
If anything, Moscow is now huge. I won't wonder when everyone starts plonking down investment after investment deal on Russia's booming capital. Does this boom affect you?
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