The plot thickens

Despite its relative lack of history of real estate investment, the perception has recently formed that Russia is among the most attractive and promising countries for such projects. But before joining the rush to invest in Russian land or property, there are 
a few legal pitfalls that one should be aware of The growing and receptive real estate markets of Moscow and St Petersburg are especially rich in possibilities for investment, although the regional markets of other large cities are also beginning to actively develop. Since there is practically no market for ready real estate projects in Russia today, the most sought after properties for investment are land plots and buildings suitable for reconstruction. Due diligence reviewBefore any decision to enter into a transaction for acquiring a plot (as well as other properties), it is recommended that a comprehensive examination (due diligence) of the site is performed, which must include all the nec