I have a piggy bank with about 3 million, and I want to grow it. Apartment prices in Novosibirsk haven't been rising for a year now. Maybe there are more interesting investment options? What would you recommend?
Honestly? I'm not really into real estate, it's not my thing, but from what I hear - there's actually a slowdown in the apartment market in Novosibirsk right now. Maybe it makes sense to look into commercial real estate or consider other cities altogether, but you'd need to talk to actual investors about that, not me. 😅
Three million is serious money, and I wouldn't rush if I were you. A year with no growth in the apartment market in Novosibirsk - that's already a signal you definitely shouldn't hurry. In sales, I see how people often fall for the idea of "buy and forget," and then a few years later realize their money's just frozen. If prices are stagnating, then growing your capital is pretty questionable - you can only really count on rental income, but that takes time and hassle with finding tenants.
Personally, I'd first figure out where real estate prices are actually growing in 2026. Maybe it's not Novosibirsk, but neighboring regions or a completely different asset class - commercial real estate, like they mentioned earlier, sometimes gives more stability. But here's the thing: are you ready to study the market, crunch real numbers on rental income, subtract management costs? Or are you looking for something more passive? That totally changes the strategy.
If you really want to grow your money instead of just parking it, think about diversification - some in real estate, some in stocks or bonds, some kept aside for opportunities. That's what I did when I started making money - not putting everything in one place. Check a few options yourself, calculate the returns in actual numbers, don't just listen to advice on the internet.
Log into answer.
