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New buildings in Moscow
City on the map
Moscow is the capital of Russia, located in the west of the country on the river of the same name in the center of the East European Plain.
Why is it profitable to buy apartments from the developers in Moscow?
The city is the largest in terms of population - more than twelve million people live there. Moscow is interesting for investors, the real estate market is huge, including new buildings.
The headquarters of most large companies (Russian, transnational), more than half of the central offices of Russian banks, instrument-making, mechanical engineering, metallurgical, light, chemical and food industries are located in Moscow. There is a tendency to move industrial enterprises out of the city.
The metropolis is of great importance as a transport hub through the airports of which flights are carried out, there are nine railway stations, three river ports. The Moscow Metro is one of the world leaders in terms of passenger traffic, ramification and total length.
Applicants come here, 124 higher educational institutions are waiting for them. A large number of research institutes are located in Moscow, as well as leading developments in various branches of science.
The climate is moderately continental, seasonality is clearly expressed.
New buildings in Moscow are being built in huge numbers. Most of the construction is funded by investors - sixty percent, that is, investors are still active (much will depend on the economic situation in the future).
The sale of apartments from developers is carried out through special accounts - when the contract is concluded, buyer's money is deposited into the bank on an escrow account. Developer has the right to receive funds after the delivery of the house, the transfer of the apartment to the buyer. Thus, if new buildings in Moscow from the developers are being built with funds received from banks on terms of payment of interest, it is unprofitable for the developers to violate the deadline for delivery of the object. At first glance, this is a positive factor and a well-thought-out mechanism, indicating the desire to prevent cases of fraud, dishonesty of developers; at the same time, it is an indirect confirmation of the general lack of trust, based on the experience of past years, an assessment of the situation in the present.
Apartments in Moscow from the developers are offered on installment plan basis, profitable promotions are announced, discounts are provided, and investor-buyer receives new modern communications and well-thought-out layouts. Investments generate high passive income (rent, resale) as property prices rise.
Residential complexes in Moscow are being built in compliance with European standards. Developers have positive quality reviews.
The minimum price per square meter for an apartment in a black frame is $510, according to the real estate search engine GEOLN.COM.
Criteria for choosing an apartment
The location relative to the transport network determines the degree of housing liquidity. In addition, before deciding to buy an apartment in Moscow in the new building, you should analyze the prospects for the development of the location. For long-term investments, it is advisable for investors to consider residential complexes in the area of operation of the projected metro stations. Those that are close to the existing stations are also suitable, the price level in this case will be higher (the presence of the metro influenced the formation of prices). In any case, proximity to the "old" Moscow, the metro is still the most important criterion.
In the "new" Moscow (on the territory that was annexed in the course of a large-scale expansion project) infrastructure facilities are being built and jobs are being created. Financial flows should flow here. All this increases the attractiveness of residential complexes, creates conditions for the growth of their value in the long term.
Purchase of apartments by foreigners
Foreigners can buy real estate in Moscow in the new buildings. Discussions about toughening the requirements for foreigners are actively initiated by individual representatives of the authorities. However, there are no decisions or draft laws at the moment.
Culture, history, tourism
The city of Moscow is one of the greatest bearers of cultural heritage, where you can see a huge number of attractions that attract residents and tourists. The most famous: the Kremlin, Red Square, St. Basil's Cathedral, the Ostankino TV tower, the monument to Minin and Pozharsky, the Tretyakov Gallery. The list goes on. It is difficult to see all the museums and ancient monuments. There are many world famous theaters in Moscow: Bolshoi Theater, Taganka, Moscow Art Theater, Sovremennik.
There are large-scale festivals, numerous exhibitions arriving with enviable regularity from the world's leading repositories, concert halls, on the stages of which the best masters are considered an honor: singers, dancers, musicians and actors of the planet.
Apartments in the new buildings of Moscow represent a project that promises investors obvious advantages, taking into account the stunning scale of the city, the abundance of housing under construction, and the growth of its value. However, experts are carefully paying attention to some political and economic risks in the future, however, this can hardly stop the domestic investor in the Russian hinterland. The real estate market of the metropolis will remain in demand in the future for many decades to come.
Prices per sq. m. in popular districts of Moscow
| District | Prices, from |
|---|---|
| Presnensky District | 3430$ / m2 |
| Skhodnya | 830$ / m2 |
| Ramenki District | 3440$ / m2 |
| Khoroshyovo-Mnyovniki District | 2560$ / m2 |
| 650$ / m2 |