Market news
Promsvyazbank has accredited the Gavan Kapitanov residential area which includes the Columb, Magellan and Nakhimov housing complexes.
The bank offers to buy apartments in this area using a mortgage with the interest rate of 9.4% per annum and a 15% down payment. Those who don’t want to pay the down payment can get a mortgage with the 12.5%...
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A new draft bill regarding the changes in the law on mortgage securities was introduced to the State Duma.
According to the new bill, the property shareholders’ (co-investors’) right of claim against developers is included into mortgage-secured bonds of a bank where a co-investor is getting a mortgage loan. In the current law on...
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For the last year, the total area of apartments in brand new houses in St Petersburg grew by almost 3 square meters.
From January to May, 2018 St Petersburg real estate market offered 1.3 million square meters of new housing. Apartments in these new projects have an average total area of 47.9 square meters, while last year this figure was only 45...
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Property price increase by 15-20%, over one third of developers will go bankrupt – these are the consequences that are expected to be true after the new law on owner’s funding of construction projects will come into force.
St Petersburg hosted a meeting dedicated to new law on owner’s funding of construction projects that will...
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The St Petersburg developer LSR. Nedvizhimost. Severo-Zapad was given a land plot on Petrovskiy Island where they will build a school and nursery schools. The St Petersburg authorities adopted the regulation on May 22.
The developer was given 27 thousand square meters of land on Petrovskiy Prospect, 33. It is planned to build a school which will...
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Peterburgskaya stroitelnaya kompaniya completed construction of Diplomat residential complex. This complex will be put in service this month.
After constructing the building itself, the developer is continuing to work on the complex area (greenery, lighting and etc). The underground parking is completed as well the complex itself.
Diplomat is a...
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St Petersburg will choose the best developers who offer quality cost-effective housing. The first stage will start on May 5 and last till May 11. During this stage, the judging panel will select 10 residential complexes for each nomination. After the meeting of jury members the winners will be announced. The organizers said that the list of all...
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E3 Investment company has announced the list of 20 best new housing objects to invest in. The options in the list were chosen according to their price, facilities, potential price growth, demand, and possible risks.
The experts checked six areas: Primorskiy District, the right bank of the Neva River, the Obvodny Channel, the south of Moskovskiy...
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The average price of new houses jumped in January excecing the level of RUB 97 000 per square meter. The highest increase was observed in houing located within the city, 2.8 – 3.8%.
This situation is repeaing the last year trend when the prices increase by 3% at the beginning of year. The top price rating includes Tsentralniy and...
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The amount of shopping space has decreases by 6.7% in St Petersburg and reached the level of 2016.
So the percentage of selling space available for rent decreased up to 3.9%. However, on the 6th and 7th lines of Vasilievskiy Island the number of available shopping premises increased up to 11.9%.
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