Analysts announced a decline in rental prices for elite summer cottages near Moscow

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In the first quarter of 2021, the supply volume in the high-budget cottage rental market in the Moscow Region increased by 5%, and the average price decreased by 4% compared to the same indicators for 2020. This is stated in a study by Knight Frank, the results of which were received by Izvestia on Monday, April 26.

During this period, the average rental price decreased by 4% per year, to 1.4 million rubles. The growth in demand for suburban rental of summer cottages began in March last year and a year later, in March 2021, the number of transactions in the suburban rental market fell by 68% due to the lack of quality supply. At the same time, tenants are quite active: relative to the pre-pandemic indicators of the first quarter of 2019, the number of requests is two times higher (plus 100%), and only 5% lower than the values ​​of the first quarter of 2020.

At rental rates, 22% of the lots on offer are in the range of 600-800 thousand rubles per month, 20% of the lots cost 400-600 thousand rubles per month. Least of all cottages were offered with a rate of more than 3 million rubles per month – 9% of lots.

According to the results of the first three months of this year, the average area of ​​a high-budget cottage offered for rent was 793 sq. m. 36% of houses have areas ranging from 400 to 700 square meters. m, 25% have 700-1 thousand sq. m. m, and only 8% of lots are exhibited with an area of ​​1 thousand 500 sq. m.

Most of the lots – 54% – with a rate of 400 thousand rubles per month are located in the Rublevo-Uspenskoe direction. The Novorizhskoe direction accounts for 34% of the lots, Kiev / Kaluzhskoe and Minskoe – 4% of the lots each. There are sporadic offers in other areas as well; in total, they account for 4% of high-budget cottages for rent.

The most expensive elite houses are offered on Rublevo-Uspenskoe Highway, where the average rental price is 1.5 million rubles per month (down 8% per quarter). The average rental price on Novorizhskoe highway is 1.4 million rubles per month (up 5% in the quarter).

Oleg Mikhailik, director of the suburban real estate department at Knight Frank, believes that the closure of borders with some countries, including resort areas, will become an additional driver for the demand for suburban rentals. Therefore, in the coming months, we can expect an increase in activity in the suburban rental market, but the dynamics will be “more moderate” compared to the peak in spring 2020, when the borders were closed.

On April 15, Russia limited air traffic with Turkey and Tanzania until June 1 due to the worsening situation with the coronavirus in these countries. According to the Association of Tour Operators of Russia (ATOR), all organized Russian tourists will return from these countries by May 1.

In February, Avito Nedvizhimost reported that at the end of last year, the cost of renting private houses in the suburbs of Russia increased by 56%, the cost of their purchase – by 3%. The demand for the purchase of suburban real estate turned out to be 49% higher than last year’s marks; Russians began to be interested in long-term rentals by 4% more often than in 2019.

It was noted that the main factors were lockdown, an unstable epidemiological situation and the subsequent trend towards deurbanization. Also, the increased interest in such objects was influenced by the dacha amnesty, which made it possible to register suburban objects in a simplified manner and extended until March 1, 2026, “rural mortgage” and support for young families in the form of expanded opportunities for using maternity capital money.