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New Russian Elite Buys Luxury Real Estate and Design

While several years ago the prices on elite housing barely reached $10,000 per square metre, now 18,000-dollar bids are common place. Elitist communities meant for permanent residence of thousands of well-to-do people and their family members are being developed all around Moscow. Real estate prices in such communities vary between half a million USD for an apartment to millions of dollars for a townhouse,tod's homme soldes, a villa or even a castle.

Buyers of de luxe commodities in Russia prefer prestigious brands. Elite shopping complexes house boutiques of exclusive brands such as: Gucci,tods loafers, Dolce Gabbana, Armani, Brioni,sac tods7iP0hoganFashionable circle and classic Ni, Zegna,tods buy online9cZ1tods bag buy tods-gommini tods-, Cavalli, Tod's, Prada, Loro Piana,tods7kKALa carte mère du EeePC 1008HA est vraimen,tods loafers, Bulgari and Ferrari. Panorama magazine described Moscow as the Mecca for proprietary brands and world-renowned fashion houses. In 2006 imported fashionable clothes, footwear and accessories from Italy alone were estimated at more than 3 billion euros.

More than 30 billionaires reside in Moscow alone (more than any other city on the globe) and onethird of Russian millionaires. Experts estimate the number of Russian millionaires is close to the 400,000 mark. They are vigorous people aged 30-45 who made their fortunes in the area of IT, innovations, construction, raw materials and oil. The new Russian elite prize a stylish residential interior as a reflection of their high social status and way of life. Therefore they are interested in individual solutions: from an architectural concept to complete furnishing. They vehemently buy real estate and decorate their houses in keeping with the latest trends in design standards.