What kind of British real estate do Russian investors prefer the most?

British real estate is in great demand among Russian investors. Residential properties are especially in demand in large metropolitan areas that have high rates of economic growth and developed infrastructure. In addition, Russian buyers pay great attention to the architecture of the chosen housing - its exterior and interior.

Experts point out one interesting fact - Russian buyers more often give preference to houses built of white stone, while red-brick structures are less in demand.

What are the most popular objects?

While British investors prefer old buildings when buying luxury housing, buyers from Russia are more likely to opt for newer houses located in prestigious areas.

The list of the most popular options for British housing among Russian investors includes the following:

• prestigious townhouses, the cost of which often reaches tens of millions of pounds;
• luxury apartments that cost about 500 thousand pounds;
• 1-2 bedroom apartments in central districts priced up to £500,000;
• 3-4 bedroom apartments in new or refurbished houses (up to £1 million).

As for the most popular regions the demand is very high for the expensive London districts, located close to shopping and restaurant areas:

• Chelsea;
• Belgravia;
• Knightsbridge;
• Kensington;
• Mayfair;
• Notting Hill.

Most often people buy housing here for permanent residence with their families. Westminster is also popular - it is profitable to buy housing here for its subsequent renting.