Russians may be barred from buying property in Europe

The European Union has included a ban on real estate transactions with Russian nationals in its sixth sanction package.
The proposal put forward by the European Commission aims to block Russian citizens, residents and legal entities from acquiring real estate in Europe. More specifically, it prohibits the sale or transfer, directly or indirectly, of “ownership rights in immovable property located within the territory of the Union or units in collective investment undertakings providing exposure to such immovable property.”
The ban shall be in effect for Russians who are not EU citizens and don’t have a residence permit in EU member states. However, it will not affect Russian nationals holding citizenship or residency in the European Economic Area or Switzerland.
Source: European Pravda