Expats Seek less Luxurious Moscow Apartments – Realtors

Foreigners have started looking for cheaper elite apartments in Moscow to rent, a study by Penny Lane Realty real estate agency showed.

“In the last few years, about 70 percent of foreigners who sought to rent luxury apartments through Russian real estate agencies normally named their top prices at $15,000 per month. But from the middle of 2012 this started changing,” the study stated.

Continue reading in the Moscow News.

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