A significant increase in demand for suburban real estate involved in this segment attention developers: interested in developing concepts of new settlements for the last two months alive. Consultants expect the market every year will be displayed up to five new projects in the luxury segment — this corresponds to the rate before the crisis of 2008. But the activity of developers will be limited by the lack in the suburbs of a sufficient amount of building plots.Increased consumer demand for elite suburban real estate will lead to an increase in the market development activity, according to a study Knight Frank. The average cost of a cottage in the elite segment, according to the company, in the first quarter of 2020 amounted to 152 million rubles in the primary market and 293 million rubles on the secondary market. For the year increased by 8% and 22% respectively.The latter figure corresponds to the pre-crisis level of 2006-2008, when the market went in an average of five new expensive projects a year. Then real estate development activity in the suburban segment began to decline, as a result, for the last two years in the market has not appeared any new project.Their forecasts, the consultants based on the growth of investment activity, are seeing now in this segment. Director of consulting and Analytics Knight Frank Olga Shirokova indicates that if 2015 were received during the year no more than three requests for the development of the concept of country village, in the last two months five. This thesis is confirmed by other consultants. “Now we’re working on several concepts: on Rublevo-Uspensky highway (25 ha), Novorizhskoye (18 ha), on the Dmitrov (25 hectares)”,— said the Director of the residential real estate Department at Penny Lane Realty Sergey Kolosnitsyn. Before the start of the regime of self-isolation, he said, out I was only one project.At the end of the month, according to Knight Frank, the number of requests for the purchase of country houses has increased by 27% relative to March. According to analysts, this year total sales will exceed last year’s figure by 15-20%. The Director of the office of real estate “Metrium Premium” Anna Radzhabova expects that the demand for suburban housing will continue to grow and after mode isolation: “Having the experience of living in the city, many think about buying your own home.”According to Knight Frank, in the first quarter of 2020 in the market of elite country houses of the Moscow region were exhibited 588 lots, in April—may, their number will be reduced to 570. Only 300 of proposals the consultants are referred to liquid. If the current rate of absorption continues, then, according to the calculations Olga shirokovoj, by the end of 2021 on the market will not remain interesting to the buyers options. In Penny Lane Realty, the share of primary supply is estimated at 18-19% of the total presented on R��nke volume. According to Sergei Kolosnitsyna, 90% of potential buyers in the first place is ready to consider proposals from developers, but now they have nothing to offer.Despite the fact that the trend in the shift of demand towards country real estate caught many the release of new players will limit the specificity of this market, said the Deputy General Director of “KASKAD Estate” Olga Magiline. “Large developers who traditionally build housing in the city, now considering the options out in the rural segment and is actively looking for partners experienced in the suburban segment,” she explains. The General Director “geo development” Maxim Leshchev notes that the problem of the lack of experience in the residential construction can be solved with the attraction of specialists. He also predicts an increase in development activity. But the activities of developers, according to him, the lack of limits in the suburbs of a large amount of land for development.Alexandra Mertsalova
Elite-type settlement Growing demand for expensive vacation properties
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