By Svetlana Kononova, Special to Russia Profile
preferences. These rich people are looking for unique properties with a long history, impressive architecture and the perfect location. They do not care how many millions these building might cost.”Interestingly, most buyers do not buy overseas properties with the intention of living abroad permanently. According to Titova, many people are simply looking for a second home. They may send their families off to a sea-side house somewhere in Italy or Spain, or buy flats for grown-up children studying in West European universities, but the buyers themselves tend to live and work in Russia and only visit their second homes from time to time.
Then there are those looking for retirement homes. It may be difficult to believe given the poverty that afflicts most of Russia’s pensioners, but there are some people in the country who are wealthy enough to buy a second home abroad and enjoy their old age.
Moreover, some clients of real estate agencies consider
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