New buildings in Karaganda
City on the map
Karaganda is a city located in the central part of Kazakhstan.
Why is it profitable to buy an apartment in Karaganda in the new buildings?
It is a large industrial, scientific and cultural center, in which more than half a million people live, a large number of institutions and enterprises are concentrated: transport, education, science, culture and communications. Therefore, for those who come from more remote places of the country, from the countries of the post-Soviet space, this city provides new opportunities for stable development and family planning.
Karaganda was designed in a planned and orderly manner, there is no chaotic development; beautiful, wide streets that meet the aesthetic needs of those who do not accept eclecticism.
The climate in Karaganda, as in all of Northern and Central Kazakhstan, is sharply continental with severe winters, moderately hot summers and low annual precipitation. The vegetation burns out in summer outside the city, and in winter there are frequent blizzards and snowstorms, although the winters here have little snow.
Since the city lives an active life, it is not unreasonable for visitors to aspire here in the hope of finding a permanent job. Accordingly, the demand for rental housing and the purchase of apartments in the residential complex remains. And this circumstance cannot but attract investors who have decided to invest in this very place. At the same time, it is important to note that those who come to Karaganda, probably, given their mentality, still prefer to buy housing rather than rent it.
In addition, now favorable conditions have been created in the market of Kazakhstan, there are mortgage lending programs that allow you to take a loan at 6-7% per annum, which is quite realistic. It also has a positive effect on demand and creates conditions for the revival of the construction market. Since 2021, Kazakhstanis have been given the opportunity to use part of their pension savings for the purchase of housing. The demand for the purchase of 1-2 room apartments of economy class with a small area is especially growing. However, residential complexes in Karaganda offer a variety of housing. The sale of apartments from developers is carried out on installment plan basis, various promotions and discounts are offered. New buildings in Karaganda from the developers offer investor-buyer new communications and modern layouts. Housing in new buildings in Karaganda is cheaper than similar real estate in the capital or Almaty.
Considering that Karaganda is the city of business people, students who come both for the purpose of buying and renting, investments in real estate in Karaganda in the new buildings will bring passive income (rent, resale).
You can buy an apartment from the developers in Karaganda inexpensively. According to the information provided by the real estate search engine GEOLN.COM, thee minimum price per square meter of space is $440 (apartments in black frame condition).
Purchase of apartments in Karaganda from the developers by foreigners
In accordance with the legislation of Kazakhstan, at the moment, a foreigner who wants to buy an apartment must obtain a residence permit, after which he receives the right to purchase housing.
What to see and where to go in the city?
- Cathedral of the Blessed Virgin Mary of Fatima;
- Regional central mosque;
- Stele of Independence;
- Holy Vvedensky Cathedral;
- Cathedral of St. Joseph;
- Archangel Michael Cathedral;
- sculptural and decorative composition of Suyunshi
- theater named after Konstantin Stanislavsky and Saken Seifullin;
- the circus;
- Sports Palace named after Nurken Abdirov;
- Shakhtar stadium.
In general, the city, due to historical circumstances, represents a rich synthesis of various cultures and traditions and is distinguished by tolerance and hospitality.
Apartments in the new buildings in Karaganda represent a pragmatic step for a full life and a balanced investment directly related to the host country.