Donald Trump's Miami Mansion

Photo Description: Dmitry Rybolovlev is a Russian fertilizer business mogul who has agreed to purchase Donald Trump's $100 million dollar Palm Beach Mansion.  The mansion is 33,000 sq ft and sits on 6.5 acres with 475 feet of coastline. 

According to a recent Wall Street Journal real estate article, there are very wealthy Russians that are buying up very expensive investment property in the US.  Hard to comprehend, as I always picture Russia to be very bleak and impoverished, but they say that Moscow property prices are so high, that buying property in other countries is a bargain to them.

The WSJ goes on to say that foreign buyers make up about 15 percent of purchasers in New York city, with Russians being the biggest.  The president of Harris Stevens, a NY real estate firm is quoted as saying the Russian buyers are a significant factor in purchases of big apartments in the city.

Most of the purchases reported are for extravagant mansions in places like Palo Alto, CA...and more recently, Miami Beach oceanfront property.  One $35 million dollar house in Miami has been shown to several Russian investors, and on $10.6 million dollar home was purchased by a Russian.

I'm wondering if there is a way to advertise to these Russian investors - perhaps on the internet?  If they consider Miami and New York a bargain, they could go wild on Myrtle Beach real estate, and get 5 properties for the same price as one in the other areas.

Perhaps we should be purchasing some Russian domain names and optimizing for Google in Russia...if it has a stronghold there.  Does anyone know if Russia has the internet?

 
Post is included in group: Realtors®
Post is included in group: Posts to Localism

9 Comments on Russian Investors Buying Real Estate

JUL
16

A troll visited my blog...one named Thorsten, but who didn't have the testicular fortitude to tell us his user name so I deleted his comment as spam.

However, this is what he wrote.  Maybe he isn't totally stupid and some of this stuff is useful.

I suggest to him,

A: If you don't have the guts to identify yourself, don't bother insulting others.

B.  Go argue with Forbes about whether they are buying international real estate.

Here is his rude comment....  PS.  There are about 6 mis-spellings and typos in your post.  That would be "you're", not your.  Contraction for You are...not possessive.  If you are going to be a public smart-aleck, at least use spell check.

"This is a rather silly post. Russia has 140mil people, 35mil internet users and an extremely sophisticated society. Their local real-esate in Moscow trades at $8,000 per m2, an extremely high price. Further, local Russians wont buy international real-estate, they have enough woes buying locally with interest rates at 12-13% and only 15 year loans. Wealthy Russians who buy mansions only deal through their own networks, not any random property agent. None the less, its happening so either your in the game, or missing out."

12:07am • #2
AUG
01

yes, of course there is Internet in Russia with their own search engines, directories, etc. ;-)

yes, you can sell Florida real estate to Russians as TampaBay.com - St. Petersburg Times reports:
"Gov. Charlie Crist made a pass through Russia on Monday to ask our oil-rich, ex-Communist friends to buy Florida real estate..." 

I can translate a real estate website content into Russian, register and promote the website in Russian Internet search engines and topic directories, help with Russian media advertising, etc.

Feel free to ask me any questions you might have.

Sincerely,

Olga Kellen,
"Anything Russian",
English - Russian Translator,
Associate member of ATA,
American Translators Association
web: http://www.english-and-russian.com

Olga Kellen
3:15pm • #3
AUG
03

Interested what Russian Internet looks like? 

Russian Internet is in Russian of course, but I've put together some basic info about it in English:

http://www.english-and-russian.com/russian-internet.html

7:20pm • #4
142,236 Points Outside Blog
The Russians are flush with cash from the beginnings of capitalism and all the bad stuff that goes with it.
7:40pm • #5
SEP
04

"testicular fortitude"  too funny ... nice Stewie quote!

As for BLOG Trolls I recommend just quickly putting them in their place and then deleting their posts along with any future attempts.  

"Never argue with an idiot. People may not be able to tell the difference." 

 

3:18pm • #6
SEP
06

Hey Brian,

I did better than that to the troll.  I deleted his post and turned it into my own...plus I took him down a few notches, I think, anyway.

It always amazes me that people who often go on public forums and blogs and cut other people down are so ignorant that they can't spell, write like 3rd graders, and think that it makes them look cool anyway.

Oh would the gift the giftie gie us,
To see ourselves as others see us....

 

12:33am • #7
SEP
16

How I wish any serious Russian real estate buyers were reading those blogs!

I am the only Russian speaking and native realtor in Sun Valley, Idaho area and would love to help them find vacation properties or homes, condos, investment properties. It seems that Sun Valley is the last luxury ski resort area to be discovered by international buyers and our property prices are much lower than in Vail, Telluride, Aspen. Please contact me and I will help you find your American Dream home - at any price range Sun Valley is the most beautiful place the world! Anna Svidgal - Sun Valley Idaho Gal (208)309-2081

4:29pm • #8
FEB
02

dear mr director

my name is monsef ajana im from tangier morroco,and my companies name is two oceans holding.im looking for investors to make and buy projects with a very good benefit that we offre our great investors.if you are interested we can make a joint-venture between us.morroco is a very interesting country to invest in now.we have a lot of touristical golf and marina residencialle projects and lands.so welcome

monsef ajana

best regards

monsef ajana
1:13pm • #9

seriously?   can we partner with you and your friends from Nigeria?  please?

You should be ashamed of yourself Monsef!

SCAM ALERT!
1:19pm • #10

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Jan Chilton - Real Estate Marketing and SEO

Myrtle Beach, SC

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