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Demand for suburban real estate in Russia grew by 40% over the year

Business in Russia by Business in Russia
in Real Estate
Experts told whether it is worth buying a private house for life and investment in 2023
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In Russia, an increase in the interest of Russians in the acquisition of suburban real estate has been recorded, according to analysts from the Etazhi company. Compared to February 2022, the number of requests in this segment increased by 40%.

According to the head of the suburban real estate center “Etazhi” Anton Saukov, most requests are received for the purchase of land for the construction of houses, summer cottages and ready-made country houses.

Experts told whether it is worth buying a private house for life and investment in 2023

  • Country real estate news

Experts shared forecasts for the suburban real estate market in 2023

02/16/2023
16:31
192

Buyers evaluate individual housing construction as a more promising direction in terms of investment attractiveness. Compared to buying an apartment in the city, building a house is more profitable.

In addition, after the pandemic in Russia, there was a strong demand for housing of a larger area with its own land plot, surrounded by a smaller number of neighbors.

The growth of interest in buying land also provoked a rise in prices by 15-20%.

Message Demand for suburban real estate in Russia for the year grew by 40% first appeared on the Realty Times.

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