Quiet in the apartment. Why not live in an apartment?
Currently, there is a consistent increase in the demand for real estate. In March-April 2015, there were 3,617 transactions within the Russian Federation, recognized as contracts for the sale and purchase of residential, commercial, or administrative properties. By April-May 2020, this number rose to 3,075 transactions, marking a 5% rise in apartment transactions since 2015. The increase in business and administrative spaces per 1,000 residents is demonstrated by these indicators: - Total square footage available grew by 17.5% (14,345 sqm) from 2015 to 2018. - The number of transactions per 1,000 residents, exceeding 100,000, decreased by 15.4% from 2018 to 2019. - Russian citizens own 17.5% of these premises. - In the first half of 2020, the average cost of owning an apartment was equivalent to 1,075 1/2 acres, or 16,545 sqm. By the close of 2020, the Russian Federation is poised to be the first nation to fully comply with the Committee's recommendations from the Third Millennium Development Program. Learn more about enhancing your home's living conditions at the BENOIS Seminar series hosted by the Association of Home Buyers from September to October 2020. Claim your free invitation now.