New builds in Voronezh for Sale

City on the map

Voronezh is a city in the Russian Federation, located on both banks of the Voronezh River, on the Central Russian Upland.

Why is it profitable to buy an apartment in Voronezh in a new build?

The city has many enterprises of various industries: mechanical engineering, metalworking, radio electronics, chemical, food, lighting and etc.

Although the city is perceived as provincial, its favorable location and economic potential predetermine the popularity of the primary real estate market and the attractiveness of investing in this area.

The city has an international airport, three railway stations, two bus stations, a motorway and a regional highway pass through it. Modern intracity transport is represented by buses and fixed-route taxis, mainly of private companies, as well as municipal trolleybuses.

There are thirty-seven universities in Voronezh with over one hundred thousand students. This stimulates the purchase of housing by investors for further renting out to those who come here to study.

The climate is temperate, winters are cold, snowy, summers are hot with rains or dry, autumn with precipitation.

Real estate prices in Voronezh in the new builds for sale are inertly growing. There are several reasons for this: the previously operated preferential mortgage, the increase in prices for building materials, the desire of investors to make money on the acquired real estate (purchase for the purpose of further resale). At the moment, the demand for residential complexes in Voronezh is stagnating, which is influenced, according to experts, by a decrease in purchasing power.

New home for sale in Voronezh from the developers are of standard quality, all the necessary infrastructure is provided next to the residential objects. Sale of apartments from developers as a rule is performed in black frame condition.

You can buy an apartment from a developer in Voronezh at a reasonable cost by the standards of the Russian market. The minimum price per square meter of area completed in black frame condition (according to the information of the GEOLN.COM search engine) is 520 USD.

Purchase of an apartment in Voronezh from a developer by foreign citizens

There are no restrictions on the purchase of real estate by foreigners. No decisions or bills regarding toughening the conditions for acquiring housing have been adopted yet.

What to see, where to go

• Intercession Cathedral;
• local history museum;
• Museum ship Goto-Predestinatsiya;
• Art Museum;
• literary museum;
• Museum of I.A. Bunin;
• Museum-apartment of M.N. Mordasova;
• The Tyurins' house;
• People's Museum of Sergei Yesenin;
• Natural biosphere reserve;
• A zoo;
• Oceanarium;
• The estate of the Losev-Shatilovs;
• A monument to V.S. Vysotsky;
• Voronezh Palace.

Areas where new real estate is being built

There are many new homes in the Kominternovsky district, which is considered the most demanded, with a developed infrastructure. For several years it has been occupying a leading position in sales. Not only residential complexes with economy-class apartments, but also different segments of real estate is being built here.

The Left Bank, Zheleznodorozhny and Central regions are actively developing as well. Business class housing is located on Voroshilov street. There are luxury real estate offers near the Opera and Ballet Theater.

Purchasing an apartment in a new development in Voronezh is a pragmatic domestic investment with the prospect of obtaining a stable rental income. There are certain risks associated with the deteriorating state of the country's economy and political polarization, although investors from Russia and the CIS countries are willing to buy primary housing for living here.