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Russian millionaires find an opportunity within crisis buying real estate on Catalonia’s Costa Daurada

CNA / Marc C. Griso

In the current times of crisis within the real state market, money from Russian tourists is particularly noticeable. Rich Russian citizens come to Tarragona’s Costa Daurada to buy houses close to the seashore. Their search is on for "exclusive homes'' with attached land to use them as summer houses or as a base to permanently relocate to. When not using the house, they may rent them.

August 30, 2011 10:44 PM

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