Sochi surpasses Moscow in luxury housing supply 19:57

Sochi has become a leader among Russian cities in offering premium and luxury housing. Urban experts say that since the beginning of 2024, the share of such projects in the resort real estate market will reach 35%.

For comparison: today the share of supply in the expensive segment of Moscow does not exceed 22%.

“Sochi’s infrastructure has changed qualitatively over the past three years. In addition to these natural opportunities, we get an objective picture of the attractiveness of Russia’s resort capital in terms of high-budget real estate; it is still the most stable and therefore in-demand asset,” said Elena Kabesheva, Deputy General Director. Commercial Director of resort real estate developer FIVE.

Before reportedRussians are gradually returning to the familiar foreign real estate market, to Europe. Thus, the interest of Russian citizens in purchasing housing in Montenegro in January – June increased by 40 percent annually. Hungary, Cyprus, France and Spain are also in demand.

Previously in Russia increased request to buy a house remotely.

What are you thinking?



Source: Gazeta

Popular

More from author

The United States started to supply cosmetics to Russia again 09:34

In February and March 2025, Russia continued to import cosmetics from the United States. Reporting this Ria Novosti Reference to American Statistical Service data. Cosmetics...

Macron announced why EU leaders came to Kyiv 09:43

French President Emmanuel Macron, Polish Prime Minister Donald Tusk, German Chancellor Friedrich Mertz and British Prime Minister Cyrus Starmer came to Ukraine to discuss...

Pakistan transmits troops for the Indian attack 09:48

Pakistan throws its troops into advanced positions to carry out an aggressive operation and increase the situation on the Indian border. This was stated...

In the Russian Federation, they sell Ford ECOSPORT with a minimum kilometer of the new China Crossover 09:21

The 2018 Ford Ecosport Crossover, which stands in the garage for 5 years in the Moscow region, was launched. reports "Russian newspaper." "During a short...