News archive
Renting a three-room apartment in St Petersburg became cheaper by 6.1%. According to the information published by the local analytical center, the rent of two and one-room apartments is also decreasing now.
Renting a two-room apartment in St Petersburg costs 3.7 % less while the rent of a one-room apartment has decreased only by 1.2%.
Nevsky,...
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Houses recently constructed in a walking distance from Parnas metro station have monolithic rick walls. Bumerang residential complex was built by Trest-36 Construction Company. The new complex is located in the well-developed area which offers a lot of facilities including kindergartens, supermarkets and numerous stores, fitness centers and many...
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Kommersant, a Russian newspaper, published a list of St Petersburg districts with the most expensive housing. According to the rating, the most expensive options are located in new houses in Vasilyevskiy and Moskovsky districts.
The average price of a one-room apartment in Vasilyevskiy district is 6.31 mln RUB, two-room option will cost you about...
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According to the mortgage experts, Russian banks will continue to decrease mortgage rates in 2018. This trend has already been observed in 2017.
Mikhail Ioffe, the head of VTB Bank department in St Petersburg, stated that the double figure rates will completely disappear. A lot of banks have already understood the necessity of these changes and...
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The most significant fall in price was observed in October – apartments became cheaper by 1 percent which is 900 RUB.
Studios, one and two-bedroom apartments are the most popular offers in the secondary market and they are 60 % of the total number of real estate available for sale. While four-bedroom apartments are only 2 %.
However, this...
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The Act concerning the decrease of real estate prices was signed by Vladimir Putin on 29 October. According to this act, the prices of economy-class apartments will decrease by 20 % since the beginning of 2018.
This is already the second act signed by the President to lower property prices and make housing more affordable for Russian families. In...
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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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