Russian cities with best-value real estate

Realist real estate agency estimates that in the next ten years, Sochi will remain a Russian city with best-value housing. 

Another southern city, Krasnodar, was ranked second for real estate with the best value for money. Moscow and St. Petersburg came fourth and fifth, respectively, after Krasnoyarsk in Siberia.

The top ten of the cities that should be considered by real estate buyers during the current decade, include Tula, Khabarovsk, Kazan, Tyumen and Nizhny Novgorod.

The housing price dynamic was one of the criteria evaluated by analysts. For example, square meters in Tula, Nizhny Novgorod and Sochi dramatically increased in price last year, especially in newly finished buildings. The secondary market went up by only 10–15%, which indicates that these cities are best for secondary housing purchases.

As concerns Khabarovsk, Kazan, Krasnodar and Krasnoyarsk, their prices are also growing although the analysts do not find this market overheated yet. The earning capacity of the real estate in these cities will keep growing.

Moscow and St. Petersburg are expanding fast thanks to sprawling suburban housing projects. These areas are good for purchasing real estate to profit from eventual rise in value.

Previous ArticleNext Article