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Most popular among real estate buyers districts named in St Petersburg

Most popular among real estate buyers districts named in St Petersburg

The experts of one of the St Petersburg real estate agencies announced the most popular districts with new housing. The last place in the Top 5 according to consumer demand went to Krasnoselky District. Over 9.2% of buyers were interested in this district. Real estate experts added that this area is always popular as it offers a lot of budget...
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Apartments in Golden City available to buy with mortgage

Apartments in Golden City available to buy with mortgage

Sovcombank gives an opportunity to get a mortgage to buy an apartment in the Golden City residential complex, located on the raised beach area of Vasilievsky Island. The company offers an 11.9 % mortgage rate if the first deposit is 20% of the full price. The longest mortgage term is 30 years and the maximum mortgage size is RUB 30 million...
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Luxury property sales dropped by one third in St Petersburg

Luxury property sales dropped by one third in St Petersburg

Number of premium-class housing decreased by 27% in St Petersburg. According to Knight Frank, only 20 000 sq meters of luxury housing were sold during first 6 months of 2017. Therefore, some experts see downside risks to the prices. However, it is worth noting that the average size of a property transaction increased by 11% and the area of a...
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Luxury real estate of secondary market decreases in price

Luxury real estate of secondary market decreases in price

During the first 6 months of this year apartments in St Petersburg have become cheaper by 12%. Now the average price of a square meter is 186 000 roubles. According to Knight Frank, the prices of secondary market luxury housing are decreasing in St Petersburg. One of the reasons they mention is growth of offers and increasing competition. So...
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Developers of St Petersburg finished 54 houses

Developers of St Petersburg finished 54 houses

In April developers completed construction of 54 houses in St Petersburg which is 155 square meters of housing. The total number of new apartments is 3015. This number is almost twice as large as the same figures of the previous year when St Petersburg developers released 76.5 thousand square meters of housing. In total over 1.2 million square...
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10 veterans got apartments in St Petersburg

10 veterans got apartments in St Petersburg

Ten veterans who are survivors of the Siege of Leningrad received certificates for new apartments from St Petersburg Governor. According to G. Poltavchenko, today veterans do not have to wait for new housing for ages, they get it as soon as possible. In recent years, St Petersburg authorities expanded the categories of citizens who can obtain new...
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Kurortny District to be a recreation area

Kurortny District to be a recreation area

Kurortny District got an official status of a recreation area, which will allow to protect the coastal area the Gulf of Finland from commercial development. According to G. Poltavchenko, this is the only measure that will protect the coast of the Gulf of Finland from illegal commercial housing development. The new status will allow to save forests...
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The most livable areas named in St Petersburg

The most livable areas named in St Petersburg

The Russian search engine Yandex made a list of St Petersburg districts which are the best to live in St Petersburg. When making this list they took into account development of housing, shopping and services, entertainment, transit facilities, schools, health and environment and etc. The best area to live in is Tsentralny District with three...
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Buyers of new houses in St Petersburg prefer housing with final finishing

Buyers of new houses in St Petersburg prefer housing with final finishing

Property buyers in St Petersburg prefer to buy new houses with final finishing. Almost over 40 % of people buy an apartment ready to live in, 35 % choose options without finishing and 29% prefer to buy housing ready for final finishing. This data was presented in one of the marketing surveys. Real estate experts say that demand for final finishing...
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Industrial zones audited in St Petersburg

Industrial zones audited in St Petersburg

The Governor of St Petersburg asked to revise all industrial zones with total area of 13.5 ha. The auditing group includes representatives of administration, city districts, law enforcers and Rosreestr (the Federal Service for State Registration, Cadastre and Cartography). The Finance Committee is developing an instrument that will allow put money...
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