For sale 1-room apartment in Moscoe, 83.1 m²

  • 40,000,000₽
  • 43,000,000₽/before
Moscow , Mosfilmovskaya street , 88k2s7
For Sale Hot Offer

For sale 1-room apartment in Moscoe, 83.1 m²

Moscow , Mosfilmovskaya street , 88k2s7
  • 40,000,000₽
  • 43,000,000₽/before

Overview

  • Apartment
  • Property Type
  • 6
  • Floor
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 83
  • 2019
  • Year Built

Description

For sale 1-room apartment in Moscoe, 83.1 m²An apartment with a total area of ​​83.1 m² is offered for sale. High-quality designer renovation has been completed. Exceptionally expensive, environmentally friendly building materials were used in the decoration. The floor is covered with a lightly brushed oak board, hand-molded brick, polished concrete.

Warm floor. The apartment is equipped with all the necessary leading Gorenje appliances. Italian cuisine, walnut table. Plumbing Grohe.

Zender radiators. The apartment has a ducted air conditioning system. Functional planning solution: kitchen-dining room-living room, isolated bedroom, hall, two bathrooms, dressing room. The apartment has three windows by the German company Schuco.

Double glazed windows with triple glazing. Balcony. TECHNICAL CHARACTERISTICS: – self-conditioning; on the facade of the buildings, specially designed places, decorated with grilles for external chillers of air conditioners – supply and exhaust ventilation system – installed high-speed silent elevators from OTIS (freight, passenger) – garbage rooms are located on the ground floors – two-chamber plastic-aluminum windows from SHUCO – ceiling height 3 meters ENTRANCE GROUPS: Entrance groups are located from the side of the courtyard.

The decoration uses high-quality marble and granite, according to an individual design project using environmentally friendly materials.

Each entrance group provides around-the-clock concierge service, a reception desk, a recreation area for residents and their guests, wheelchairs, and bicycles. FACADES: The residential complex “Mosfilmovsky” is made in the style of the Stalinist Empire style with elements of the modern style “Modern”.

Natural materials were used in the decoration of the facades: porcelain stoneware tiles, marble, granite. The facades of the complex are fully ventilated, which ensures the thermal quality of the building. Also, throughout the complex, panoramic windows on the balconies are designed, which provides additional light reflection inside the complex.

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

However, there are numerous other questions that arise, such as whether or not it is possible for foreigners to obtain mortgages in order to finance their real estate purchases in Russia. Yes, that is also a possibility, to give you a quick answer.
For the Expat Flat Facebook page, I recently created a quick and simple video about foreigners who own real estate in Russia, which you can see below. See what you think, and then let’s talk about some of the specifics of purchasing real estate in Russia.

Now, let’s take a look at some of the specific details:

Mortgages

Foreigners can obtain mortgages in Russia if they meet certain requirements. In general, you will be required to demonstrate a consistent source of official income. You will also be required to make a down payment of 10-20 percent of the purchase price, which will vary depending on your official income in Russia. It is customary for the annual interest rate to be in the 8-9 percent range. It is recommended that you seek the assistance of a reputable mortgage broker or real estate agency throughout this process. I also recommend that you only work with major banks because, as a general rule, they are less likely to nickel and dime you with the fine print than smaller institutions.

Purchasing an apartment in a building that is currently under construction can save you a significant amount of money. Due to its convenient location near the Spartak metro station and reasonable pricing, the “Dvizhenie” apartment complex has become popular among Moscow expats.

Property for Sale in the Commercial Sector

It is highly recommended that you look at commercial property options if you are looking for a real estate investment opportunity in Russia. The return on investment can be greater than that of residential real estate. Additionally, you can hire a property manager to take care of all of the details, allowing you to live comfortably whether you are in Russia or abroad.

An office space in the “Moskva-City” business district is currently available for purchase.

Quite often, commercial real estate that is for sale already has a long-term, dependable tenant, allowing you to secure a steady stream of income almost immediately.

There are many different types of commercial property available in Russia, of course.

Land

There are many exceptions to every point made in this post, as there are to every rule. However, as a foreigner, you have the option of purchasing land in Russia. I personally own a few small plots of residential land, which I use for gardening. And I believe this is one of the most intriguing options if you are planning to stay in Moscow for a long period of time on a tight budget or if you are visiting a smaller city in Russia.

For example, in the Moscow region, it is possible to purchase a plot of land and construct a small, simple house for less than the price of an apartment in Moscow, provided that you have the necessary time to complete much of the process work yourself. Of course, if you are a newcomer to Russia, you will most likely want a dependable partner to guide you through the entire construction process and red tape. Hiring a dependable person will save you money… as well as stress!

Real Estate in the Residential Sector

In the majority of cases, purchasing an apartment is the most straightforward option. Although the procedure is straightforward, it is strongly recommended that you hire a professional to assist you in the process, to ensure that all of the documentation is accurate and up to date, to assist you in analyzing the best deals on the market, and perhaps to suggest a few alternatives that you may not have considered previously.

Taxes on Real Estate in Russia

Things start to get interesting at this point. The property tax is shockingly low, but perhaps most importantly, Russia changed the law on the sale of real estate to non-residents at the start of 2019. This is significant because in the past, if you were not a resident of Russia at the time of the sale, you were subject to a significant tax on the sale. However, as a result of the recent changes in the law, if you have owned the property for five years or more, you will pay NO tax on the sale of the property in Russia. You should be aware of this if you intend 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.

Do you have a question for Andy about investing in Russian real estate or about the country? Use this form to get in touch with Andy, or use the chatbox at the bottom of this page!

Details

Updated on June 12, 2021 at 11:02 am
  • Price: 40,000,000₽
  • Property Size: 83 m²
  • Bedroom: 1
  • Bathroom: 1
  • Garage Size: 1
  • Year Built: 2019
  • Property Type: Apartment
  • Property Status: For Sale
  • Floor: 6
  • Address Moscow , Mosfilmovskaya street , 88k2s7
  • City moscow
  • State/county moscow

Similar Listings

Compare listings

Compare
russkyhome
  • russkyhome