- Demand for foreign real estate among Russian buyers has decreased by 25% over the past year.
- This decline is attributed to difficulties with payment processing and tightened control in popular countries.
- Turkey, previously a top destination, saw a 29% drop in buyers.
- Despite the downturn, the market may stabilize in 2026 due to growing interest in the Middle East and Southeast Asia.
Quick Summary
Interest from Russian buyers in purchasing property abroad has decreased by 25% over the past year. This decline is attributed to difficulties with payment processing and tightened control in popular countries.
Turkey, previously a top destination, saw a 29% drop in buyers. Despite the downturn, the market may stabilize in 2026 due to growing interest in the Middle East and Southeast Asia.
Market Overview
Interest from Russian buyers in purchasing property abroad has decreased by 25% over the past year. This decline is attributed to difficulties with payment processing and tightened control in popular countries.
The reduction in demand reflects a broader trend of capital outflow challenges facing investors. Regulatory hurdles have made standard transactions increasingly difficult to execute.
Country-Specific Impact 🇹🇷
The impact of these restrictions is visible in specific markets. Turkey, a traditional favorite, experienced a significant decline, losing 29% of its buyer base over the year.
The tightening of legislation and control measures in popular destinations has directly affected transaction volumes. Buyers are finding it harder to comply with new financial regulations.
Future Outlook
Looking ahead to 2026, the market outlook suggests a potential stabilization of demand. This recovery is expected to be driven by a shift in interest toward the Middle East and Southeast Asia.
Investors are exploring these regions as viable alternatives to traditional markets. The diversification of investment destinations could help balance the overall decline in volume.
Conclusion
The landscape for Russian foreign real estate investment is undergoing a significant transformation. With a 25% drop in overall interest and a 29% decline in Turkey, the market faces clear headwinds.
However, the pivot toward the Middle East and Southeast Asia indicates resilience and adaptability among investors. The coming year will determine if these new markets can offset the losses incurred in traditional hubs.
Frequently Asked Questions
Why has demand for foreign property dropped?
Demand has dropped due to difficulties with payment processing and tightened control and legislation in popular countries.
Which country was most affected by the decline?
Turkey saw a significant decline, losing 29% of its Russian buyers over the past year.
Is the market expected to recover?
Yes, demand may stabilize in 2026 due to growing interest in the Middle East and Southeast Asia.
