99
PROPERTY, BUSINESS, INVESTMENT
BUSINESS EMIRATES
UKRAINE -UAE
Experts predict that the
fashionof acquiringproperty
abroadwill be inUkraine in
2-3 years as popular as it is
now in Russiawhere the sales
level of, say, Dubai property
abruptly grow after the first
snow. It looks like the Russian
proprietors of houses in
southern countries have
timely understood that it
is much cheaper to buy a
villa for yourself and visit it
any time you like and stay
there as long as you like or,
alternatively, offer this villa to
ONNOVEMBER 2TO 3,
2007, THE EXHIBITION
“REAL ESTATE ABROAD”,
THE FIRSTOF ITS KIND,
TOOK PLACE IN KIEVAN
HYATT REGENCYHOTEL.
FORUKRAINE,WHERE
INVESTMENT INTO
PROPERTY ISONEOF
THEMOST POPULAR
WAYSOF INVESTMENT,
SUCHAN EVENT SEEMS
TO BECOMEQUITE A
REMARKABLEONE.
your relatives of friends, than to do as all the
others do and order a voyage package in a
travel company.
How itwaswith theneighbors?
Itwouldbeprobably improper to say that
theRussians started topurchasepropertyabroad
due solely to theirwish toacquireadacha n the
countrieswithwarmclimate.Therearecountries
whosepropertyhad tobepromotedwith the
Russianbuyers. In suchcases, the initiativecame
fromabroad:“TheRussianshavemoney,why
shouldn’t theygive it tous?”Suchor similarmay
havebeen the logicofmany real estatecompanies
anddevelopersarriving toMoscow’sexhibitions
fromdistant andexoticcountries. However, it
happens sometimes theotherway round.The
Russiansopen the foreignmarketson theirown, they
search for theappropriate information, invest funds
andmakeeverybody to treat them ina seriousway.
Andonly thereafter, the representativesof the seller’s
partycomeup inRussia.
Exactly this has happened inDubai. In the
years 2003 and2004, theUAE’s companies have
not spent for advertising a singledirham, and the
Russian citizens havebought property thereworth
manymillionUSdollar. Itmust be confessed that
such a splash in thedemand for propertywas not
accidental. At first, theRussians started toexplore
thepropertymarket in Londonwhichbecame
ahomeplace formanyof them. And thiswas in
the timewhen thewhole Englandwasmassively
investing inDubai inparticular (this emirate
INTERNATIONAL
REALESTATEMARKET–
Investment into the Future
REAL ESTATE MARKET
