PRICES OF MOSCOW REAL ESTATE GO UP

HomeNewsPRICES OF MOSCOW REAL ESTATE GO UP

The most expensive residential property in Moscow on offer in March 2019 was a penthouse of 735 sq meters (8000 sq feet) in a project currently construction in the historical centre at the Patriarchy Ponds. The property was exposed by Savills, which came up with a ranking of 100 most expensive properties of the Russian capital currently on the market.

The top apartment comes at a hefty price of 32 million euros. Incidently, the majority of the most expensive properties are located in the same district of Moscow.

The experts have additionally calculated that the worth of the top 100 apartments in Moscow amounts to USD 918 million. A year ago, in March 2018, this figure was only USD 767 million.

On average 1 sq meter in the top-100 is worth USD 33,000 (or around USD 3,000 per sq foot).