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Real estate market overview
The most expensive apartment in Moscow sold for $ 37 million
The most expensive penthouse apartment in Moscow area of 570 square metres on the large Yakimanka Street in the Centre of the capital will cost 37 million dollars, the report's "index of the top 100 most expensive apartments Moscow " (Prime Central Moscow Top-100 Index) of IntermarkSavills.
The cheapest of the index calculation units with 57 square meters worth 2 million dollars and is also at Large Yakimanka Street.
The index of Prime Central Moscow Top-100 Index is calculated as the weighted average price per square meter in the 100 most expensive homes in Moscow, in the public sale. In PCM TOP-100 luxury apartments are current offers with the highest price of 1 square meter on the primary and the secondary market.
"In September 2014 year TOP-100 PCM value amounted to 47.2 thousand dollars per square meter-for the last year index increase was 8%. The maximum price of 1 square meter of apartments from hundreds of the world's most expensive is around 71 thousand dollars minimum-35 thousand dollars. The index of the TOP 100 PCM is calculated from December 2010 onwards. At that time, its value was $ 36.95 per square meter/, "the study notes.
The first of hundreds of the world's most expensive apartment 74% is offered on the secondary market, the rest in the primary. The largest number of the world's most expensive apartments is located on Ostozhenka-39 apartments with total worth more than 665 million dollars, it added.
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