'Garage flipping' is gaining popularity in Russia: returns, risks and the fate of the amnesty
The Telegram channel Baza described a scheme growing in Russia: garages are bought up, renovated and rented out as studios or resold at a higher price. In Moscow a box costs on average 1.5–2 million rubles and brings in 15–35 thousand a month, but buying 'by membership book' does not confer ownership rights.
Otabek Yusupov