Khamovniki is the leader in the number of luxury houses with penthouses
In Kalinka Group - a leading consulting and real estate company in the luxury property market, an analysis of the luxury penthouse market in the capital was conducted. Over the past year, more than 30 penthouses have been sold in Moscow, 12 of them in the primary housing market, and 19 in the secondary market. The capital has a total of 350 penthouses, with 28% of them located in the Khamovniki district.
The average budget for a purchase was $9.4 million in the primary market and $5.9 million in the secondary market of Moscow. The most expensive penthouse was sold for $35 million, while the "cheapest" one was sold for $860 thousand. The largest penthouse had an area of 793 square meters, while the smallest one did not exceed 135 square meters.
As noted by Ekaterina Rumyantseva, Chairman of the Board of Directors of Kalinka Group, despite the crisis sentiment, buyers were investing in luxury square meters. "High-budget properties are purchased by affluent clients who are well-informed about the situation in the country," she claims. "Therefore, the fact of active sales is indirect evidence that the market is "feeling the bottom," always suitable for profitable real estate purchases." In addition, the target audience has significantly expanded due to former clients of business-class housing, who have "waited out" in foreign currency. Today, they can afford to purchase higher-quality housing, as dollar-based budgets have almost halved."
There are slightly over 350 penthouses in Moscow, with 76% of them located in the Central Administrative District (CAD). About 100 of these properties (28%) are "registered" in Khamovniki. The top five leaders in offering this type of luxury housing also include the Presnensky district with 68 penthouses, Tverskoy with 29, Yakimanka with 16, and Arbat with 15 properties. Tagansky and Basmanny districts, as well as Patriarshiye Prudy and Zamoskvorechye, have between 5 and 15 apartments of this type within their boundaries.
"The maximum concentration of penthouses in the city center is explained by the main feature of this high-budget real estate format - exceptional scenic characteristics," explains Ekaterina Rumyantseva. "The location of the property in the CAD with the highest probability allows affluent clients to satisfy their desire to panoramic views from the windows of their living room or bedroom of the key landmarks of the Russian capital."
Almost 50 properties are owned by the Joint Stock Company (JSC), mainly located in the Ochakovo-Matveyevskoye, Ramenki, and Dorogomilovo districts. Becoming the owner of a penthouse is also possible in the Northwest, Southwest, and North districts of Moscow, which collectively have around thirty such properties.
Not every spacious apartment on the top floor of a building, even in the most prestigious area, can be called a penthouse. In addition to excellent views from the windows, the property must have a set of mandatory features: controlled access, privacy, impeccable construction and finishing quality, advanced engineering facilities, maximum safety, and comfort.
Furthermore, the criteria for being classified as a penthouse, which typically includes being located in a high-rise building in other major cities around the world, is not mandatory in Moscow due to its historical and architectural peculiarities and the requirements of Russian construction legislation. Only 3% of Moscow's penthouses are located in buildings taller than 30 floors. 12% occupy the top floors of 21-30 story buildings. 36% are situated in buildings with heights ranging from 10 to 20 floors. Meanwhile, 49% of penthouses are based in three to nine-story luxury buildings.
In addition to their impressive size and panoramic views, penthouses captivate buyers with their high-quality features. Terraces, pools, rooftop amenities, observation and helicopter platforms, and exclusive design projects of luxurious residences correspond to the high expectations of the discerning target audience: owners of large businesses, government officials, and top management in the financial and industrial sectors.
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