How much does real estate in Moscow cost and which districts are the most favourable to buy in

The Moscow property market has always attracted the attention of investors and buyers due to the variety of offers and stable price growth. Choosing a flat in the capital is not an easy task. How much does property in Moscow cost and in which areas it is best to buy housing are questions that require a comprehensive approach. The heart of Russia offers options to suit all tastes: from modern new buildings in prestigious districts to affordable secondary housing on the outskirts.

Flat prices in Moscow: what affects the cost of housing

To understand how much property in Moscow costs, you need to understand the basic parameters of pricing:

1. Type of housing. New buildings remain the most popular segment of the market. The objects have modern infrastructure, improved layouts and built-in technologies. Secondary housing, despite its lower cost, often requires major repairs. In Moscow, a square metre in a new building costs an average of 250,000-300,000 roubles, while in the secondary market prices start from 150,000 roubles per metre.
2. Neighbourhoods. The capital is divided into central, prestigious and peripheral districts. Khamovniki and Arbat show prices from 400,000 roubles per square metre. In remote districts, such as Zelenograd or Novaya Moskva, the cost is significantly lower – from 100,000 roubles.
3. Infrastructure. The presence of schools, kindergartens, polyclinics and shopping centres nearby significantly increases the price of the object. For example, neighbourhoods with developed social infrastructure, such as South-West, attract families with children.
4. Condition of the house. New buildings often use modern technologies, such as smart home systems or energy-efficient windows. This increases the cost of housing. In older houses, especially in areas with historical buildings, the price is determined by their architectural value.
5. Proximity to transport hubs. Near the metro the price per square metre increases by 15-20%. In areas with poor transport accessibility, housing is cheaper.

The average price of real estate in the capital has increased by 10-15% over the last year, which is due to the high demand for comfort class flats in new buildings.

Which districts of Moscow are considered the most profitable and how much real estate costs here

The choice of neighbourhood to buy a home determines not only the convenience of living, but also the investment attractiveness:

1. City Centre: prestige and status. The Central Administrative District (CAO) includes the following districts: Arbat, Tverskaya, Khamovniki and Presnensky. These are the locations with the highest price – such flats are in demand among wealthy people looking for status housing.
2. South-West of Moscow: comfort and development. The districts of Gagarinsky and Ramenki are famous for their green areas, prestigious schools and universities. Here, a square metre costs an average of 250,000-300,000 roubles.
3. East and South-East of Moscow: affordable prices. Perovo, Lefortovo and Taganka offer housing at a more affordable price – about 150,000-200,000 roubles per square metre. The districts are actively developing, which makes them interesting for investors.
4. New Moscow and Zelenograd: growth prospects. The cost of a square metre here starts from 100,000 roubles, which makes the locations an excellent choice for families with a limited budget.

New buildings or secondary market: what to choose?

How much does property in Moscow cost – the price depends on what choice to make between new buildings and flats on the secondary market. Each option has its advantages and disadvantages, depending on the purpose of the purchase, budget and personal preferences.

Advantages of new buildings

New buildings remain an attractive option due to modern construction standards and technical equipment:

1. Modern engineering communications. New houses are equipped with innovative heating, ventilation and water supply systems. This reduces utility costs and increases comfort.
2. Comfortable layouts. The flats are designed to meet the needs of modern buyers: spacious kitchen-living rooms, walk-in wardrobes, windows with increased noise insulation.
3. Energy Efficiency. Developers use quality materials that reduce heating and air conditioning costs.
4. Opportunity to choose at the construction stage. Buying housing in a house under construction allows you to save significantly. For example, at the initial stages of construction, a square metre can cost 20-30% cheaper than in a finished building.
5. Lack of usage history. A new property does not require a due diligence check as there are no previous owners.

There are also disadvantages – the need to wait for the completion of construction. Buyers face the risk of delays in commissioning. Also, additional costs may arise due to the need to arrange the flat themselves, including renovation and furnishing.

How much does property on the secondary market in Moscow cost?

Secondary housing in the capital continues to be popular, especially among those who want to immediately move into a ready-made dwelling:

1. Established neighbourhoods. Secondary properties are usually located in neighbourhoods with developed infrastructure. There are already schools, clinics, shops, green areas and public transport.
2. Possibility of immediate occupancy. Buyers do not waste time waiting for the house to be handed over and for the developer to process the documents.
3. Lower cost. The average price per square metre in old houses is lower than in new buildings. For example, in the central districts of Moscow, the cost of secondary housing starts from 150,000 roubles per square metre, while new buildings start from 200,000 roubles.
4. Finished renovations. Many secondary flats are sold already finished, which reduces additional costs for the buyer.

Disadvantages of the secondary market include the possible need for major repairs and the difficulty of verifying the legal cleanliness of the property. It is important to make sure that the flat is free of encumbrances and that all previous owners have been deregistered.

Which to choose?

If you need to invest money with the expectation of value growth, new buildings in promising areas of Moscow are an excellent option. For those who value ready-made infrastructure and the possibility of immediate entry, the secondary market will be a more suitable solution.

How much property in Moscow costs is determined by the chosen neighbourhood, the class of housing and the current situation on the market. However, both new-build and secondary markets remain in demand, providing buyers with a variety of options to choose from.

Conclusion

How much property costs in Moscow is a question that requires detailed analysis. Each neighbourhood has its own peculiarities which affect the cost of housing. Prestigious locations, such as the centre and the South-West, are distinguished by high prices, but offer maximum comfort. Districts on the outskirts, including Novaya Moskva, are attracted by affordability and growth prospects.