the study Authors note that in the historical centre of St. Petersburg a large number of one-bedroom apartments were traditionally let out for rent. Most often these objects are populated by tourists and people on business trips for two or three weeks. At the rate of 2-2,5 thousand rubles per night it was cheaper than staying at a hotel, where for the same money at the height of tourist season it was possible to remove only a very modest room for one person.
within the constraints of the tourist industry came to a standstill. Also, many organizations have canceled the trip. The apartments become vacant and the owners have begun to look for tenants in the market long term rental. Getting odnushki 50-60 thousand per month in years past, property owners were full of high expectations and exposed the price of 40-45 thousand rubles for the lease of one-bedroom apartments in a month. But the average price of renting an apartment in St. Petersburg is now 24 thousand rubles, therefore, faced with the harsh reality, the apartment owners have become reluctant to reduce prices.
So, in the Central area decrease for the month was 20.4 percent, the average apartment now rented here for 31 thousand roubles in a month. Significantly dropped the price on the Petrograd side, a decline of 19.1 per cent and now here is the apartment rented out at an average of 25.7 thousand. It is much cheaper than on Vasilievsky island, where the average rental price odnushki is 29.1 thousand rubles, the decline amounted to slightly more than 12 percent. The fact that Vasilievsky island has maintained high real estate prices can be explained by the fact that there is a large number of universities and wealthy parents of students rented a comfortable apartment for their offspring immediately for the entire academic year. Therefore, a drop in tourist arrivals on the local real estate market was not so very noticeable.
But in the Admiralty area, prices dropped by 16.4 percent and amounted to 27 thousand rubles for a small. But, it is worth noting that the Admiralty area is very heterogeneous. Here is the front locations, which are so loved by tourists, for example, St. Isaac’s Cathedral or the New Holland. But on the other hand, Admiralteysky district, and the same Dostoyevsky’s St. Petersburg and Krestovsky, there are apartment houses, where located a huge communal apartment with tiny rooms, the courtyards, where almost no sunlight penetrates, areas near buildings of pre-revolutionary factories, where not a glimmer of life. Such objects on the real estate market is not specifically listed even though the proximity to sightseeing. They give up and are sold cheaper than, for example, Khrushchev in residential areas and the fall in demand for rental property has only exacerbated the situation.
Moreover, in the historical centre, in principle, little onebedroom apartments. Main development in these areas is apartment houses, which are dominated by large apartments. Therefore, in the rental segment is dominated by the rooms in communal apartments, many of which are illegally converted into a Studio.
