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Moscow's cheapest new apartment costs 6.1 million rubles

The cheapest newly built apartment in Moscow is currently priced at 6.1 million rubles for a studio in Krekshino, according to real estate analysts.

Moscow's cheapest new apartment costs 6.1 million rubles

The cheapest new apartment currently available on Moscow's primary real estate market costs 6.1 million rubles, according to real estate monitoring data reported by news agency TASS.

Photo: Roman Zaiets / Shutterstock / Fotodom

Analysts at the real estate analytics system bnMAP.pro identified the property as a 23.9-square-meter studio with interior finishing. The unit is located in a newly constructed residential complex in the village of Krekshino, situated within the administrative territory of New Moscow.

bnMAP.pro is a Russian digital platform that provides automated analytics and market monitoring for primary residential real estate. The village of Krekshino lies in Moscow's Novomoskovsky Administrative Okrug, an area annexed into the capital during the major 2012 municipal expansion known as New Moscow.

Housing prices inside the historic city limits remain higher. Within the traditional boundaries of old Moscow, experts noted that the most affordable primary market flat is located near the Rokossovsky Boulevard metro station.

That property is a 23-square-meter studio offered for sale without interior finishing. Rokossovsky Boulevard is a station on the Sokolnicheskaya line of the Moscow Metro, serving the city's Eastern Administrative Okrug.

Cheapest Primary Market Apartments

For buyers interested in primary market commercial apartments, known locally as apart-amenty, the lowest price point in old Moscow stands at 6.6 million rubles.

Specialists reported that this amount buys a studio measuring 22.6 square meters, which comes fully finished. The unit is situated near the Novokosino metro station in eastern Moscow, located on the Kalininsko-Solntsevskaya metro line.

Moscow Region Luxury Property Market

The budget offerings contrast sharply with the upper tier of the regional residential property market. Analysts previously revealed that the most expensive private house currently listed for sale in Moscow Oblast carries a price tag of 4.6 billion rubles.

The luxury mansion is located in the village of Razdory, within the Odintsovo District west of the capital. The area is widely recognized as one of the most exclusive suburban residential districts surrounding Moscow.

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