In Russia, rising mortgage rates and general turbulence in the real estate market are opening up new opportunities for those who already have an apartment but want to expand their “square meters”.
According to Maxim Eltsov, Chairman of the Mortgage Committee of the Association of Realtors of St. Petersburg and the Leningrad Region, General Director of PIA Nedvizhimost Maxim Eltsov, now is the best time to change an existing apartment for a larger area.
