An elite apartment in Moscow will burn a 100 million-ruble hole in your wallet

According to analysts, 40 high-end properties were sold last month in Moscow

According to analysts, 40 high-end properties were sold last month in Moscow

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But when it comes to bang for your buck, the average floor space of such apartments is shrinking.

The average sum spent on buying a high-end flat is almost 100 million rubles (about $1.7 million), reports lenta.ru, citing data from Welhome company.

According to company’s analysts, 40 such properties were sold last month.

At the same time, experts pointed out that in recent years the average floor space of elite apartments in the Russian capital has decreased from 181 square meters to 129.

What’s more, since 2013 the average buyer’s median budget for buying housing in dollars diminished due to the depreciation of the ruble.

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