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Luxurious housing in Georg Landrin residential complex in St Petersburg has become more affordable to thanks to the mortgage program. Sberbank added this object to its mortgage program.
If the down payment exceeds 15% from the initial price of the property, the bank offers a mortgage option with 9.4% rate. It is also possible to use the maternity...
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Residents of the Tsentralniy District in St Petersburg are dissatisfied with the developer’s plan to densify the area of the city known as Mytniy dvor. In order to express their opinion, a protest meeting was organized on September 30 which took place on Ovsyanikovskiy pereulok area.
St Petersburg residents think that it is possible to avoid...
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The St Petersburg department of the Finnish developer YIT St Petersburg offers special discounts on apartments for sale in an array of residential complexes including Novoorlovsky, Smolniy prospect, Chapaev 16 and others.
For example, they offer a 25% discount on apartments of comfort class in Novoorlovsky residential complex. The offer is...
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Despite the news about the decreased interest in luxury estate market, the demand for land for property construction still remains at a high level. Experts say that the land demand has increased three times.
Experts explain such significant increase with the fact that there are almost zero risks when buying countryside land for construction. It is...
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Number of premium-class housing decreased by 27% in St Petersburg. According to Knight Frank, only 20 000 sq meters of luxury housing were sold during first 6 months of 2017. Therefore, some experts see downside risks to the prices. However, it is worth noting that the average size of a property transaction increased by 11% and the area of a...
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During the first 6 months of this year apartments in St Petersburg have become cheaper by 12%. Now the average price of a square meter is 186 000 roubles.
According to Knight Frank, the prices of secondary market luxury housing are decreasing in St Petersburg. One of the reasons they mention is growth of offers and increasing competition. So...
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In April developers completed construction of 54 houses in St Petersburg which is 155 square meters of housing. The total number of new apartments is 3015.
This number is almost twice as large as the same figures of the previous year when St Petersburg developers released 76.5 thousand square meters of housing. In total over 1.2 million square...
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Kurortny District got an official status of a recreation area, which will allow to protect the coastal area the Gulf of Finland from commercial development.
According to G. Poltavchenko, this is the only measure that will protect the coast of the Gulf of Finland from illegal commercial housing development. The new status will allow to save forests...
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The Russian search engine Yandex made a list of St Petersburg districts which are the best to live in St Petersburg. When making this list they took into account development of housing, shopping and services, entertainment, transit facilities, schools, health and environment and etc.
The best area to live in is Tsentralny District with three...
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Property buyers in St Petersburg prefer to buy new houses with final finishing. Almost over 40 % of people buy an apartment ready to live in, 35 % choose options without finishing and 29% prefer to buy housing ready for final finishing. This data was presented in one of the marketing surveys.
Real estate experts say that demand for final finishing...
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