chrisbon
Major Features
Subscription

Corporate news subscription

Ïîäïèñàòüñÿ

Print version subscription:

Equity Markets Indices
MICEX14.06%
RTS
Main Financial
Market Indicators
US Dollar/Ruble00%
Euro/Ruble00%
Gold (Au) rub/g
Silver (Ag) rub/g
Platinum (Pt) rub/g
Palladium (Pd) rub/g
Refinancing Rate%
Opinion Poll

Poll not found.

Buying into elite Rublyovka: how much does 'the entrance ticket' really cost?

The economic crisis and the reduction in the prices of the Moscow countryside real estate properties that followed it have led to a situation, where only a few people now have a vague idea about the actual prices on this market. This sharply contrasts with the pre-crisis situation, when there were rumors about multimillion deals and Rublyovka exorbitant real-estate prices, but today a prospective customer does not know or understand even the approximate price situation in the industry. 


Indeed, even property owners often have difficulties in defining the exact values of their assets. To help solve this problem, experts at Terra Nedvizhimost, a realty that has been involved in the Rublyovo-Uspenskoye segment of this elite real-estate market for over the past 16 years, recently published a special market review with clear-cut guidelines on the actual market prices for different categories of Rublyovka real-estate properties.  


Thus, according to Terra Nedvizhimost’s review, the most expensive housing properties in the Rublyovo-Uspenskoye area could be found on the secondary housing market in the elite villa communities located in the prestigious, old dacha areas or in health and leisure complexes (LOK). These are well-known communities: the Barvikha Sanatorium, Landshaft, Viacom, Valtim, Zhukovka-3, Romanovo-2, Time-2, Cotton Way, Sosnovy Bor, etc. According to Lyudmila Ezhova, Terra Nedvizhimost’s executive director, the average size of land plots for the most expensive properties ranges from 7,000-8,000sqm, with many of these plots including rent and ownership, while the average floor space ranges from 1,000-1,300sqm and carries an average price tag of $25mln.


The second position in the price ranking goes to the real estate properties on the primary housing properties market located in the elite villa communities such as Zhukovka-XXI, Barvikha-XXI, Azarovo, Arkhangelskoye-2, Park Ville Zhukovka, etc. “For properties on this market, land plots have an average area of 5,000sqm, an average floor space of 1,150sqm and an average selling price of $7.35mln,” Ezhova said. “In most cases, these are ‘standard developers’ finish’ properties.” 


However, there are also less expensive quality offers in Rublyovka. For instance, such offers on the new homes market include such communities as Notting Hill, Rublyovka Light and Lion, while similar offers on the existing homes market include such villa communities as Aksiniyno and Mozzhinka, real estate properties in Alexandrovka, Zagoriye Islavskoye, Lapino, Molodenovo, Poduskino and Shulgino. The land plots for this category have an average area of 1,500-2,000sqm, and an average floor space of 500sqm. “As far as prices are concerned, it would take on average about $2.2mln to acquire these assets on the new homes market, which are in most cases, in the ‘shell-and-core’ or ‘standard developers’ finish’ stages, while the average asking rate for such assets on the secondary housing market is around $1.5mln, which in most cases are ‘standard developers’ finish’ or ‘turn-key’ properties,” Terra Nedvizhimost executive director added. 


The most affordable houses in Rublyovka in the new homes market segment could be found in Verkhnee Sareevo and Europa villages. As for the secondary housing market, there are excellent offers in such villages as Znamenskoye Pole, Petrovo-Dalnee, Soloslovo, Lipki, Tagankovo, Ivanovka, Kozino, etc. The land plots for this category have an average area of 1,000-1,200sqm and an average floor space of 300-350sqm. The asking rate for such properties on the new homes market averages $950,000, which in most cases are at the ‘standard developers finish’ stage, while similar properties on the secondary housing market on average attract $850,000. Usually, these are ‘standard developers’ finish’ or ‘turn-key’ properties.