Investment opportunities in European real estate for Russians

Despite the political and economic difficulties, Russian investors are still interested in European real estate. Although sanctions and visa restrictions have complicated procedures, investment opportunities remain, especially in countries that remain neutral or open to foreign capital.

1. Montenegro remains one of the few European countries where Russians can easily open a bank account, obtain a residence permit through the purchase of real estate and invest freely. The minimum entry threshold is about €50,000–€60,000.

2. Turkey and Northern Cyprus

Although these regions are geographically bordered by Europe, they are actively used as a springboard for investing in the EU. Turkey offers citizenship for investments starting from $400,000, and Northern Cyprus remains loyal to investors from Russia.

3. Portugal

The Golden Visa program in Portugal was previously popular among Russians. The rules are now tightened, but investments through foundations, businesses, or restoration of historical sites are still possible.

4. Hungary and Serbia

Hungary and especially Serbia demonstrate a flexible approach to foreign investors, including from Russia. In Serbia, it is possible to obtain a residence permit when buying real estate of any value, and the banking system remains accessible.

5. Offshore schemes through third countries

Many Russians invest in European real estate through legal entities registered in the UAE, Kazakhstan, Turkey or Armenia. This reduces sanctions risks and simplifies calculations.

Conclusion

In 2025, the European real estate market offers interesting and profitable areas for investors, including from Russia. Despite the geopolitical barriers, a competent approach and choice of jurisdiction make it possible to successfully diversify capital and earn a stable income. The countries of Eastern and Southern Europe, as well as flexible schemes through friendly jurisdictions, are of the greatest interest.

If you want to calculate the potential return on investment or get recommendations for a specific country, please contact our digital—nomad specialists