City rests

In the analytical department of real estate agency Domostroy `believe that in the outgoing year, the largest number of private equity deals were concluded in the segment of economy class. Apparently, about the possibility, at relatively little cost to play on the rapid growth of prices and receive higher dividends (the average increase of prices in Moscow was 85% in Moscow region - 115%). But the developer time oriented himself - already at the initial stage of construction puts the price of the finished housing. The market went up to the stage of saturation. Probably an opportune time to invest in this segment is over. And taking into account inflation, it could be argued that the attractiveness for private traders, he clearly lost.

The most promising in this regard in business class. It is here that the obvious lack of proposals emerged: people with middle and upper-middle-income countries is increasing.
Finally, for people who are not constrained in the media, is profitable to invest in expensive housing. Specificity of real estate market is that it is less than other market segments is affected by macroeconomic factors, because of its transparency, clarity of financial mechanisms, the relative stability and high liquidity facilities. Experts estimate that the average price growth in this segment in recent years is 15-25% per annum. `If we analyze the behavior of prices over the past eight years - said Artyom Tsogoev, executive director of the Criminal Code` Blackwood real estate funds' - then you can see that the income of investors brought nearly every elite real estate. The fact that in the late 90's would cost $ 2,5-3 thousand for 1 square. m, is now worth $ 10-15 thousand Therefore, investments in real estate classified as truly elite housing, can be called successful, and in the investment sense, `.

If we consider the entire market of new buildings, the luxury segment is the least exposed to risks, said Irina Ismailov, head of the department of urban elite real estate company Welhome. She stressed that `the acquisition of residential property in the buildings under construction minimizes the historical center of the capital investment risks, particularly those associated with the possibility of extending a freeze of construction`. Increased competition for construction sites leads to the fact that developers are interested in completing construction on schedule and maintaining your own reputation. Otherwise in the future they are not allowed to work in this market segment.

Transactions in the secondary real estate market less profitable, and yet he has a great potential for the investor, who immediately after receiving an investment property, ready for use. The secondary housing market, usually involves the apartments, decorated in the property. The mere fact that the apartment is decorated in the property, increases its value by an average of 15-20%.

The secondary market is convenient because it is not necessary to wait for completion of the home - accommodation is available to rent immediately upon purchase or repair. This annual growth in demand in the rental market of elite housing, as well as the overall market growth shows that rental rates will rise. In contrast to the model of housing, where the payback period can be up to 10-12 years, elite real estate for rent pays for itself quickly - within 6-7 years, with competent management.

To distant lands

Residential Real Estate is the best option for investment. This is acknowledged by all market participants. So if you have a sum sufficient to buy a country house, you should not wait until it eats inflation. Make time and money work for you.

The most logical and appropriate at first glance the acquisition of land with buildings and the further sale of the purchased land. It is an investment though and makes a lot of trouble in the end should not give one hundred percent of income. But no matter how great Moscow, buy this building plot is difficult. Especially difficult task builder, if his land belongs to the agricultural land or other categories. Changing the status of the land rather complicated procedure, requiring a long and considerable investments. For example, the time of transfer of land from one category to another can take up to six years and cost as much as 20-30% of its wholesale cost. More expensive transfer of agricultural land, as in this case, investors have to compensate for loss of profits - to build social facilities, pay for the transfer of topsoil to another location. If the original purpose of the land another, such as recreational, the costs of changing the status would amount to 10-20%. It is better to invest in the already reclaimed from the former state farm land. The derived from agricultural lands large operators are buying in bulk, is building and then sell.

`It makes sense to invest in areas located in the emerging cottage communities in the initial phase of sales, when prices had not yet begun to grow, but their further growth is evident, - says Dmitry Krasnov, head of the department of development projects CC` Scale `. - Of course, all the documents on the ground must be carefully prepared `.

Naturally, the settlement should have an interesting concept, a certain architectural style, an elaborate master plan, which provided for public areas, infrastructure, etc.

It should be noted that in the elite segment of the suburban real estate offers many. Their total volume, according to a marketing corporation `Incom Properties` Irina Egorova, now exceeds 3 million sq. m (in monetary terms is more than $ 6 billion). This picture should rejoice. But only buyers not added. Therefore realtor did not have to rely on wealthy clients, have not bought a cottage on the road Rublovka. Prices in other areas of existing settlements - in the New Riga or Dmitrovka - clearly overstated. So I guess that next year `shoot` business class. Those developers, who will begin the implementation of projects in this segment, certainly not lose. That is a reference to `mass` buyer suburban housing will cost cottage from $ 0.5 million to $ 1 million

`Average nominal rate of return objects country real estate for private investors in recent months, stood at 60% per annum, the real - 40% - argues Alexei Kudryavtsev, head of analytical department` MIAN-Real Estate Agency `. - With high probability it will be close to this value and the next year. New suburban projects are not a mass product, their target audience - upper-middle class and above '.

However, here need careful checking, no matter how wanted to take a risk and break the bank ``. According to data published last year by 'Miel Real Estate', 65% sold settlements built only in words. The most common problem is the state of documentation supporting the legality of land acquisition, construction and property rights.

Without significance for the investor and the correct choice of direction. What to prefer? Dear and densely built-up Rublevke or actively built Kaluga highway? As food for thought it's worth noting that the recent strong demand also Kurkinskoe, Skolkovskoe, Kiev highway.

Most buyers want to buy a house, located within 50 km from Moscow, but is actively being developed and more remote areas. The interest of Muscovites to land, located at a considerable distance from the capital, due to several factors. First, the land outside Moscow - a limited and expensive resource. Besides the good areas not far from Moscow left a little. Secondly, it is now actively buying up land near Moscow to private property, so the demand is growing. And thirdly, the cost of land for the construction there is significantly lower than in Moscow's suburbs. However, it is still a trend and income opportunities in the future.

Knew would buy-...

Those who have long been in Sochi, a change in this city will be impressed. Sochi, which runs along the sea for hundreds of miles and many years the personification of appeasement, even in the hot summer months, now is a huge construction site, which came to powerful developers. Primarily Moscow: `Interros`, `Bazel`, `Gazprom`.

Ambitious plans to give Sochi Metropolitan gloss backed by government decisions. Best PR expert round mountain climatic resort, the future Olympic city became president. Sochintsy not expect much attention VIPs to their city.

The suite has a king. It turns out that almost all the oligarchs are passionate about downhill skiing and the most abrupt bends are ready to write in Krasnaya Polyana. But ministers are not averse to confer around Bocharova Creek. Well, a good reason to position the new objects as located in close proximity to places where there are strengths of this world. Sochi realtors and received. And it must be noted that the cost of apartments in residential complexes, even in the kilometer distance from the residence of Mr. Putin, is almost the same as in Moscow's elite neighborhoods. Flats to buy stars of show business, apparently hoping that in the pre-Olympic period, they will be actively involved. True, perhaps attracted by the sea, sun, subtropical ...

The only thing that is confusing - is the lack of clear rules of the game. Private traders have no positive role models. The stars will remain the stars - they are always able to defend itself. And what do the ordinary investor? Is it true that before the house being built overlooking the sea does not rise further, which overshadowed the sea, the sun and sky? How long will the work on the replacement of old water and sewer systems? In what direction will improve infrastructure?

Buying real estate in Sochi rather a luxury. And besides, no one knows if it would be easy to leave the game, and rapid return on investment. For example, an apartment in Moscow or a cottage in the Moscow region can be guaranteed and profitable to sell within two months, a period of implementation of housing in the south is not in season can be determined. While this transaction is very troublesome and time consuming, and less than the market forecast, than Moscow. However, everything can change in the middle of next year, when the IOC will vote on a candidate site to host the Olympics in 2014. Perhaps we should wait with major investments to that time.