2 bed-room apartment for sale in Moscow, 104.6 m²

  • 251,928,606₽
  • 1,347,211₽/₽ / m²
Moscow , Vsevolozhsky lane , 5
For Sale

2 bed-room apartment for sale in Moscow, 104.6 m²

Moscow , Vsevolozhsky lane , 5
  • 251,928,606₽
  • 1,347,211₽/₽ / m²

Overview

  • Apartment
  • Property Type
  • 4/6
  • Floor
  • 2
  • Bedrooms
  • 1
  • Bathroom
  • 104.6

Description

2 bed-room apartment for sale in Moscow, 104.6 m², “Residence on Vsevolozhsky,” located in the center of Moscow, just 1 km from the Kremlin. The concept of the “Residence” includes creating a landscaped garden and a recreation area with comfortable park furniture.

The exterior and interior decoration are in the Art Deco style. The windows offer views of the Kremlin and the Cathedral of Christ the Savior. Within walking distance from the “Residence,” there is also the Pushkin Museum, the Moscow Art Theater, and the picturesque Prechistenskaya embankment.


The house is distinguished by the richness of ornamentation on the stone facades, the grace of engraving, and the splendor of the inlays on the oak panels of the entrance groups.

Wide windows, triangular bay windows, and other decorative elements of the facade allow “Residence” to become a natural part of the architectural environment of Ostozhenka and the entire “Golden Mile.” Monolithic construction guarantees the age-old reliability of the building, provides high levels of heat and noise insulation.

Facades made with elements of natural Portuguese stone of the AERO CREAM brand.

Stained glass entrance doors with oak finish emphasize the high status of the house. The design of the wooden window frames of the apartments is in harmony with the custom-made wrought-iron balconies.

The house has its water purification system. The general ventilation system works in parallel with individual air conditioning. 4 modern European-made elevators descend into the lobby and two-level underground parking for 45 cars, designed according to the author’s concept.

In addition, the “Residence” has vast public space, concierge service, and a high level of security (access control, video cameras, intercoms, and fire alarms). The house even has a room for animals. The house is leased and ready to move in.

some specifications of 2 bed-room apartment for sale in Moscow, 104.6 m²

  • Rooms 2
  • Area 104.6 m 2
  • Residential 42.5 m 2
  • Kitchen 22.4 m 2
  • Floor four
  • Repairs needs repair

Information about the house Vsevolozhsky lane, 5

Kropotkinskaya, 480 m ( 6 min. )

Culture Park, 890 m ( 11 min. )

Foreigners are allowed to own property in Russia, according to the country’s laws?

The simple answer is “Yes!” It is sometimes surprising to me how frequently I am asked whether foreigners are permitted to purchase real estate in Russia. The straightforward response is “Absolutely!”

Many other questions, such as whether or not foreigners can obtain mortgages in order to finance their real estate purchases in Russia, arise as a result of this situation. To provide you with a quick response, yes, that is also an option to consider.

I recently created a quick and simple video for the Expat Flat Facebook page, which you can see below, about foreigners who own real estate in Russia. After you’ve had a chance to consider your options, let’s talk about the specifics of purchasing real estate in Russia.

The following are some of the specifics to consider now:

Mortgages

Foreigners can obtain mortgages in Russia if they meet a number of eligibility criteria. In general, you will be required to demonstrate that you have a reliable source of government income. As part of the purchase agreement, you will be required to make a down payment equal to 10-20 percent of the purchase price, which will vary depending on your official Russian income. In the past, it was customary for the annual interest rate to range between 8 and 9 percent. Throughout this process, it is recommended that you seek the assistance of a reputable mortgage broker or real estate agency. In addition, I recommend that you only work with major banks because, as a general rule, they are less likely than smaller institutions to nickel and dime you with the fine print.

Purchasing an apartment in a building that is currently under construction can save you a significant amount of money over the course of your lifetime. The “Dvizhenie” apartment complex has become popular among Moscow expats due to its convenient location near the Spartak metro station and its reasonable pricing, according to the complex’s website.

Commercial Real Estate for Sale in the Greater Area

If you are looking for a real estate investment opportunity in Russia, it is highly recommended that you look into commercial property options. The return on investment in commercial real estate can be greater than that of residential real estate in some cases. Additional options include hiring a property manager to handle all of the details for you, allowing you to live comfortably whether you are in Russia or elsewhere.

A commercial space in the business district of “Moskva-City” is currently available for purchase.

As a result of this, most commercial real estate that is for sale already has a long-term and reliable tenant in place, which allows you to start earning money almost immediately.

It goes without saying that there are numerous different types of commercial property available in Russia.

Land

Every point made in this post has numerous exceptions, just as there are numerous exceptions to every rule. The option of purchasing land in Russia is available to foreigners, though it is more expensive. Personally, I own a few small plots of residential land, which I use for gardening purposes on a regular basis. And if you’re planning to stay in Moscow for an extended period of time on a tight budget, or if you’re visiting a smaller city in Russia, I believe this is one of the most intriguing options.

For example, in the Moscow region, it is possible to purchase a plot of land and build a small, simple house for less than the cost of a one-bedroom apartment in Moscow, provided that you have the necessary time to complete much of the construction process yourself. Of course, if you are a newcomer to Russia, you will most likely want a dependable partner who will be able to guide you through the entire construction process as well as the red tape. Hiring a dependable individual will help you save money…. in addition to stress!

Buying and selling real estate in the residential sector

Purchasing an apartment is the most straightforward option in the vast majority of cases. The procedure is straightforward, but hiring a professional to assist you in the process is strongly recommended. A professional can ensure that all of the documentation is accurate and up to date, can assist you in analyzing the best deals on the market, and can possibly suggest a few alternatives that you may not have considered previously.

In Russia, there are taxes levied on real estate.

At this point, things start to get interesting for the characters. However, perhaps most importantly, Russia changed the law on the sale of real estate to non-residents at the beginning of 2019 in order to make it more attractive to foreign buyers. If you were not a resident of Russia at the time of the sale, you were subject to a significant tax on the sale, which was previously a significant burden. Following recent changes in the law, if you have owned the property for five years or more, you will not be required to pay any tax on the sale of the property in Russia. In the event that you plan to stay in Russia for an extended period of time and avoid paying rent, or if you intend to look for investment opportunities in the country, you should be aware of this.

Do you have a question for Andy about Russian real estate investing or about the country in general? To contact Andy, please fill out this form, or you can use the chatbox at the bottom of this page to do so!

Details

Updated on June 12, 2021 at 11:04 am
  • Price: 251,928,606₽
  • Property Size: 104.6 m²
  • Bedrooms: 2
  • Bathroom: 1
  • Property Type: Apartment
  • Property Status: For Sale
  • Floor: 4/6
  • Address Moscow , Vsevolozhsky lane , 5
  • City moscow
  • State/county moscow
  • Country Russia

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