Real Estate in Moscow, Russia

Last updated on Jan 03, 2023

Summary: The average cost of a nice 2 bedroom home in Moscow, Russia is around $1.5 million USD, while a nice 3 bedroom home can cost around $2.5 million USD. These properties typically include modern amenities such as air conditioning, central heating, and high-end appliances. Some may also include a balcony or terrace, as well as a parking space. Foreigners are allowed to purchase property in Moscow, but there are certain restrictions. For example, foreigners are not allowed to purchase agricultural land or land located in certain areas. When searching for a home to buy in Moscow, an expat should consider their budget, desired location, and the type of property they are looking for. It is also important to research the local real estate market and consult with a real estate agent who is familiar with the area. The most desirable neighborhoods in Moscow include the Arbat, Khamovniki, and Presnensky districts. These areas are known for their high-end shopping, restaurants, and cultural attractions.

How do I find a place to live in Moscow?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"One of the best ways to find a place to live in Moscow is to use online rental platforms such as Avito, Cian, and Yandex.Realty. These websites offer a wide range of rental options, from apartments to houses, and can be filtered by location, price, and amenities. Additionally, you can also search for rental properties on social media platforms such as VKontakte and Facebook. It is also possible to find a place to live in Moscow through real estate agencies, which can provide more personalized assistance in finding a suitable property," said one person in Moscow.

"We chose a family friendly area - Chisty Prudi - and used Evans estate agent for our first two apartments and Penny Lane for our last one. We used others too but Evans worked out to be the most reasonable overall and their agent actually listened to what we wanted, rather than showing us a whole load of rubbish. Penny Lane did a great job helping us find our last apartment," remarked one foreigner who made the move to Moscow.

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About the Author

Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.