Five Cheapest Places To Buy Property In Russia

Russia is famous for being one of the most beautiful countries in the world which is no surprise as it has many amazing and beautiful travel destinations. It is home to immense natural splendor and beauty, from primeval mountain ranges to spellbinding ocean-sized lakes, there are numerous beautiful spots that one can visit.

Although real estate is quite high in Russia’s major cities, you can find affordable and cheap property in many towns. The rates are much lower outside the centre of the cities. Also, the south of Russia is much cheaper for living than the north side. Therefore, if you are looking for cheap property, you can surely find it.

Here is a list of the five cheapest places to buy property in Russia

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Vyborg

Vyborg is situated in western Russia. It is close to the Finnish border and is home to regional history museums, castles, and architecture. This city is very peaceful, with a humid climate. You can enjoy snow falls in winters and enjoy hot days in summers due to large temperature differences between the seasons.

Property is available in all price ranges. You can buy both cheap and expensive houses here but the average property price is about $ 50,000.

Snezhinsk

Snezhinsk is the administrative center of Chelyabinsk Oblast Russia with beautiful places, amazing food, and good areas to stay.

The city has been developed over time into an industrial centre for science, business, art, and culture and is specifically known for its production of tanks. Property will set you back on average around $ 45,000.

Terskol

Terskol is a beautiful small town near the highest mountain peak in Europe known as Elbrus. This town is extremely beautiful, there are plenty of walking routes, skiing tracks, alpine sites, and much more.

If you want to stay close to nature or buy a cheap property in a beautiful place in Russia where you can live when you are on vacation, this town may be for you.

There are many resorts, which are not so popular but comparably cheap.. You can buy a small apartment on average for around $30,000.

Derbent

Derbent is the southernmost city in Russia and is known as the second most significant city of Dagestan. The city is located on the Caspian Sea and has the title of being the oldest city in Russia with a historical background making it the oldest inhabited city globally.

Five Cheapest Places To Buy Property In Russia

Derbent has the oldest fortress and mosques. It is also believed that the oldest Christian church is also present in Derbent. This place is peaceful, and the property is quite cheap here. Real estate starts from $20,000 and can go high depending upon the size and area where the property is located.

Svobodny

Coming in at number 1 is Svobodny  which is a small town situated in Amur Oblast on the Zeya River’s right bank. It was founded as a gold mining town but started to decay in the ’90s, although now has become one of the country’s fast-growing industrial hubs.

While the big cities attract many people, this small, medium-sized town carries a peaceful and calm environment. Property is also cheap here, and you buy an apartment for as low as $15,000.

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