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Features of the residential and commercial real estate market of Vladivostok

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No matter how the economic situation in the country develops, the real estate market is the only one whose condition is practically stable. With any economic upheaval, someone is expanding or opening up his business, someone is buying apartments. At the same time, almost every Russian real estate buyer has previously been in the role of a seller - he sold housing to purchase another.

Real estate in the port city is always in certain demand, real estate in Vladivostok, both residential and commercial, is no exception. A lot of information on the sale of houses, apartments, warehouse and office space in the Primorsky Territory can be found on bn.ru - a real estate portal of the Russian regions. In real estate newsletters only the latest offers and reliable information.

Overview of the residential real estate market of Vladivostok

The city, built up with obsolete "Khrushchevs", is in dire need of new furnished housing within the city. In recent years, in Vladivostok we can talk about the "boom" of construction. Now we can already say that the housing stock of the city has significantly replenished with quality housing. New microdistricts are being built: Solnechnaya Dolina - in Trudovoy, Patroclus, Snowfall - in Vladivostok.

At the same time, when buying property in Vladivostok, the following trend is observed: the hype around one-room small-sized apartments is gradually decreasing. Economy-class housing is still the leader, but not "supercompact", but with improved planning characteristics.

Buying a home, consumers make more demands on its comfort, which leaves its mark on the cost per square meter. The price per square meter in the new building varies from 55,000 to 70,000 rubles.

Vladivostok Commercial Real Estate Market Overview

The office real estate sector in the city is rather poorly developed. The total supply totals about 300 thousand square meters. The business center, located on Okeansky Prospekt, is practically the only Class A facility. Slightly more than 10% of the office sector belongs to Class B, and about the same to Class C. Thus, most office space is class D.

The development of warehouse real estate is at an average level. In Vladivostok, there is only one large logistics center, covering an area of ​​6000 square meters. m

Retail real estate is developing at a faster pace. The city has about sixty shopping centers with an average level of trade organization.

The shortage of commercial space is associated with limited areas suitable for construction. But the development of even allocated areas is very slow.

The secondary market of Vladivostok is stable. He reacted rather restrained to the temporary fall of the ruble in early 2014. The price of the secondary has increased by 1.2-1.5%.

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Watch the video: Commercial Property Values Amidst COVID 19 Webinar (June 2025).

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