Real Estate


No. 58, april, 2009

Rental Rate Renegotiations

  • April 14, 2009
Price correction is a phrase that’s much in vogue, both in real estate and beyond. Analysts are readily reaching for this term to describe the rental property market. Results for February this year show that the average rental rate in the high-end segment stood at $6,280 per month, said Konstantin Kovalyov, managing partner at Blackwood. This is a 1.7 percent decrease on similar figures for January and overall, a 16 percent drop since the economic crisis began, he added.

The Benefits of Latvian Lows

  • April 14, 2009
Despite demonstrating an array of negative economic figures in recent months — including in the property market — Latvia is still attracting limited investment in real estate. With low prices, a wide range of properties and a climate in which buyers are able to barter, the Baltic state is also providing opportunities for foreigners still looking for a long-term investment.

A Highly Prestigious Prospekt

  • April 14, 2009
Kutuzovsky Prospekt is one of Moscow’s most famous thoroughfares. The high status of the route, which carries government motorcades to the Kremlin, is simultaneously both an advantage and a problem. But in the vast majority of cases, it is precisely because of its image that deals are concluded, according to estate agents.
No. 58, april, 2009
No. 58, april, 2009
The Benefits of Latvian Lows
A Highly Prestigious Prospekt
Rental Rate Renegotiations