Property boom taking hold in former Olympics host city

May 23rd 2023 11:36am EDT

Newly-built housing costs in Sochi have soared nearly 190% since 2020, industry data shows New home prices in Russia’s largest resort city, Sochi, have risen threefold in the three years to April 2023, driven by strong investor demand, Kommersant business daily has reported. Citing data by Nedvex Group, the outlet reports the average price for new […]

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