Tuesday, June 12, 2007

Moscow real estate booms

Property prices have tripled in two years; £200 a sq ft is about average, but values in the best areas – say, Old Arbat or Patriarch’s Ponds – can reach £3,000 a sq ft, a rate more than Roman Abramovich paid for his mansion in Eaton Square. The typical entry price for a central flat is about £500,000,

Russian Properties News