Tuesday, April 16, 2013

Rich Russians set sights on Spanish homes...

Russians are snapping up luxury villas surrounded by lush vegetation along Spain's rugged Mediterranean coast, drawn by a mild climate and relaxed lifestyle.

At the same time, they are helping to prop up the country's ailing economy and housing sector.

One of the places Russians have their sights on is Platja d'Aro (Playa de Aro), a beach town on Catalonia's Costa Brava.

The number of Russian residents in this town of around 10,500 residents, has tripled since 2004 to 575.

 Menus and signs in Cyrillic letters are common sites in the streets of the town, Russians music plays in shops and Russian newspapers are easy to find in kiosks. Full story...

Related posts:
  1. When wealthy Russians go house-buying in Switzerland...
  2. Vladimir Putin’s 'life of four yachts and 58 aircraft’
  3. Putin's palace? A mystery Black Sea mansion fit for a tsar...
  4. Putin and Medvedev share between them two dozen palaces, villas, mansions... 
  5. The fabulous riches of Vladimir Putin’s inner circle...
  6. Russian president Dmitry Medvedev spends £26m on luxury yacht...

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