It is the very start of 2017 year and the main tendencies of 2016 remained after New Year holidays. Indeed there was no stagnation on elite real estate market. There were quite a lot of potential tenants. Most of the customers searching for elite real estate have been European, Latin American and Asian embassies employees.
As for the start of 2017 there are very few customers requiring A-list accommodation located in exclusive residential compounds with 4 and more bedrooms while 2-3 bedrooms with standard western renovation in middle class buildings are very popular among potential clients.
Consequently landlords accustomed to long time exposition of their residential premises preferred to wait for clients with pre-crises budgets (i.e. 180.000-250.000 RUB/ 2500-3500 USD) and provided maximum discount not exceeding 5-10% from the asking price.
As usual landlords having Russian accounts prefer to receive rent in Rubles, the others having foreign accounts – in US dollars or Euro.
* Building with premium facilities located in the most prestigious surroundings: underground parking, 24 hours professional guard, fenced territory, reception, own infrastructure (SPA, supermarkets, cafes), premium fit out; restored buildings of great architectural and historical value; club mansions with small block of apartments (one or two per each floor).
** Buildings of high-quality construction: new monolith/brick, Stalin period buildings, ministerial buildings. Most are with fenced territories, concierge, secured parking in the yard.