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Firm taps into Russian interest

MERSEYSIDE property agency group, Venmore, is expanding into the Russian property market.

Venmore Property Overseas (VPO) was invited to exhibit at the Moscow International Property Exhibition in April to meet the city’s huge demand for second properties.

VPO partner, Ben Kent said cash rich Russian property investors are increasingly keen to expand their property portfolio overseas.

He added: “Our operations in Cyprus, Turkey, Italy, Dubai and the Dominican Republic have all been identified as Russian hot spots. Cyprus is of particular interest to the Russian market, who can identify with the Orthodox culture.”

“Throughout the summer months, we will be escorting 12 Russian families on inspection trips to their chosen destinations.”