Moscow rentals: the best of the best
Issuing ratings is an extremely popular business game, and the real estate market— a segment well suited for studies of this kind—is no exception. Renters want to know what elite properties are setting today’s standard not only for style and quality, but also for price. Such information can help orient both those looking to rent real estate, and those looking to rent it out.
Now as before, the most expensive elite properties being offered are concentrated in popular regions of Moscow’s Central Region, and in certain areas outside of it. Primarily, these include Kutuzovsky, Presnensky, Arbat, Tverskoi, Patriarch Ponds, Basmanny, Meshchansky, Yakimanka, and others. Rent rates for elite apartments available in these areas now range from US$20,000 to US$50,000 per month. An example of the most expensive apartment now being rented out in the capital is one available in the Basmanny region: an apartment in the “Dom Rossii” Residential Complex, located at 6/1 Sretensky Boulevard, is valued at US$50,000 per month. Next on the list are apartments in the residential complexes “Triumph Palace” and “Sparrow Hills” (at US$40,000 per month) and an apartment in the prestigious “Agalarov House” Residential Complex (at US$30,000 per month). As a rule, these offers represent multi-room apartments in clubhouses with secured grounds and personal parking spaces. They come fully furnished and have been renovated by interior designers.
Those who prefer to live in penthouses should look at Patriarch Ponds, Ostozhenka, and Arbat, which feature the most intriguing residential complexes. It is worth noting that some penthouses worthy of consideration may also be found beyond the Third Transport Ring. The most expensive offer is currently a penthouse for rent at 8 Molchanovka Street, priced at US$42,000 per month. The most-expensive list also includes penthouses located at 4/6 Ulitsa Dolgorukovskoi, 25 Ostozhenka, 3 Chapaevsky Pereulok, 10a Spiridonevsky Pereulok, and a building on Lenin Prospect. When choosing a penthouse to suit your specific needs, you should keep in mind that today, despite the wide variety of elite residential apartments, only a few in Moscow have all of the necessary qualities that truly define a penthouse. In a majority of cases, Moscow penthouses fail to deliver on the main promise of this housing category: an amazing view. This shortcoming is due to the fact that the center of Moscow imposes strict limitations on the number of storeys allowed in new buildings, which means that the view in most so-called penthouses opens out onto neighboring buildings instead of onto the city skyline. Quite often, a Moscow penthouse is a twoor three-level apartment on the top floor of a building with panoramic glass walls, a good view, and spacious terraces.
As for suburban housing rentals, the priciest elite cottages on offer are located along the Novorizhskoe, Rublyovo-Uspenskoe, Minskoe, Kievskoe and Kaluzhskoe highways. The rental price for such elite suburban homes is now ranging between US$20-250 thousand. The most expensive options are traditionally concentrated along the Rublyovo-Uspenskoe Highway; they include homes in the “Landschaft” and “Diplomat” (at US$70,000 per month) and “Cotton Way” (US$60,000 per month) communities. It is worth noting that rentals offered for more than US$70,000 per month are exclusive, custom-built homes, while the bulk of elite suburban residential rentals are priced under US$70,000. Today, for a price of US$50,000 per month, you can rent a 600-1,500 square meter home on a private plot of between 1,500 to 5,000 square meters. Primarily, such rentals are located along the Novorizhskoe and Rublyovo-Uspenskoe highways, and are typically found in planned communities with a well-developed proprietary infrastructure. Elite rental cottages feature expensive interior decor and come fully furnished.
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