Russian land in Moscow is losing its value, but it is still among one of the most expensive lands in the world. The decliner is due to the fact that the real estate pricing was significantly causing inflation in the country to rise. Generally, land in Russia is quite expensive. You want to invest in Moscow you will have to be able to part with over US$16 000 per square meter.
But, if you want to buy it at a very low price, you can go ahead and invest in the farmland. Moscow is expensive because it has a vast amount of oil. The city holds the record for having the most billionaires in one city.If you are planning on moving to any of these cities make sure to get in contact with a local real estate broker. No one knows the area better than they do!
Attached to: The Most Expensive Real Estate Cities in the World
