Back to Back Issues Page
Russian Buyers of International Properties: Results of 2025 and Trends for 2026
January 02, 2026

Hi Everyone,

Russian Buyers of International Properties: Results of 2025 and Trends for 2026

2025 (as 2024 too, btw) was a period of a balanced demand for international properties from the Russian buyers, as an end of the year report from HomesOverseas, one of the popular Russian real estate portals, states.

Their Russian speaking visitors come not only from Russia (20%), but mostly from other countries (80%), such as Germany and Israel, etc. For Russians with foreign countries passports there are no sanctions of course and they are free to purchase properties anywhere.

The top 3 countries in demand from the Russian speaking buyers on the portal are Bulgaria, Turkey and Montenegro, followed by Egypt and Italy.

-Bulgaria has been in demand among foreign investors for the last 10 years with its stable growth of real estate prices.

-Turkey is the #1 country in demand for Russians from Russia as it’s one of the countries where they are allowed to get the second passport for real estate investments.

-Montenegro provides the residency permits for Russians from Russia with the minimum real estate investment of €200k, and also for some much needed in the country professionals as IT, healthcare, etc. without limits.

-Serbia, Slovenia and Croatia in the same Balkan region are also interesting options for Russian real estate buyers, each with their own specific rules.

-Egypt has been in the top 5 for Russian buyers for the last two years.

-Italy with its famous luxury segment is only available for Russians with second passports.

-Germany has been in real estate crisis for the past two years, but lately the property prices have started rising.

-France is in some similar situation.

-Spain is flourishing in terms of property prices growing with the foreign real estate buyers comprising about 30% of buyers in the popular resort destinations. For the Russian buyers from Russia the bad news is that Golden Visa program has been cancelled in 2025.

-Greece doesn’t allow Russians from Russia to participate in their Golden Visa program, but the country is still interesting for investors.

-Portugal has reformed its Golden Visa earlier and no more passports for any foreign investors in real estate, but the property prices are rising anyway, faster than in other European countries.

-UAE is still a record producer, especially Dubai.

-Thailand is also a record holder, especially Phuket.

-Cyprus is flourishing, and Russian buyers from Russia and everywhere else are particularly interested in it. Northern Cyprus (recognized by Turkey only) has been trying to make their rules more favourable for foreigners lately.

-Great Britain shows stability.

-USA markets are weak.

Let me know if you want to sell your properties in one of the countries mentioned above to Russian speaking investors and need a detailed market analysis or any help with Russian language, country and cultural information, marketing and advertising in Russian - to make your sales a success.

To your best business success,

Sincerely,

Olga Kellen,
"Anything Russian",
English - Russian Translator,
Associate member of ATA, www.english-and-russian.com
Author of the e-books for realtors and property sellers
Selling to Russians

Back to Back Issues Page