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Accommodation & Property

Moscow - Accommodation & Property

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Finding a place to live in Moscow can be as difficult as finding a job. Lower priced apartments in industrial areas of the city, such as the South East and East sectors, are in great demand due to their affordability, and typically only offer one room with very basic features.

If you will be working in the city's center and desire an apartment close to work, expect to pay about $2,500 per month for a one room apartment, or $1,500 per month for a studio apartment.

Purchasing a home in Moscow is also an expensive proposition. Due to the current economic situation of Russia, sale prices for homes are dramatically rising. For example, home prices rose 30 percent in 2007 alone.

In the outskirts of the city, you can expect to pay about $4,000 per square meter (11 square feet), or $400,000 for a 1,100 square foot home. Near the city center and in Moscow's more prestigious districts, you can expect to pay between $6,500 and $8,000 per square meter, or between $650,000 and $8,000 for a 1,100 square foot property. Purchase prices can go as high as $40,000 per square meter for central city flats.

Because it takes an average of one month to find and secure a long term apartment in Moscow, you may wish to opt for a short term apartment for your arrival in the capital city. Short term apartments can be secured for about $85 to $100 per night; however, if you require an apartment that meets Western standards, with cable television and internet access, you can expect to pay between $150 and $200 per night. Short term apartments frequently come with maid service.

Expatriates in Moscow typically live close to one another, and congregate in a small number of neighborhoods. For example, Patryarshy Ponds, situated in the center of Moscow, is favored by expatriates because of its proximity to metro stops, and because several of the apartment buildings overlook a city park frequented by expatriates and Muscovites alike.

Chystye Prudy is another common destination for expatriates. This is a quiet neighborhood that is close to a large number of restaurants, as well as a pond where boat rides and ice skating are common activities.

Although apartments are listed in the Moscow Times and other city newspapers, searching for an apartment in this manner is a cumbersome process. There are numerous real estate agencies in Moscow that you can use to help you locate a home. Here are a few that offer English speaking services to help make your apartment finding experience easier:

GVA Sawyer
Address: Bernikovskaya Embankment House, First Floor Nikoloyamskaya ulitsa 13, str. 17
Telephone: 095-797-4401
Website:www.gvasawyer.com


Penny Lane Realty
Address: Znamenka Street 13/3
Telephone: 095-232-0099
Website: www.moscowapartments.net/en/index.php


Makosha International
Telephone: +7 (499) 252-5953
Website: www.makosha.ru



Expat Health Insurance Partners


Aetna

Our award-winning expatriate business provides health benefits to more than 650,000 members worldwide. In addition, we have helped develop world-class health systems for governments, corporations and providers around the world. We want to be the global leader in delivering world-class health solutions, making quality health care more accessible and empowering people to live healthier lives.

Bupa Global

At Bupa we have been helping individuals and families live longer, healthier, happier lives for over 60 years. We are trusted by expats in 190 different countries and have links with healthcare organisations throughout the world. So whether you're moving abroad for a change of career or a change of scene, with our international private health insurance you will always be in safe hands.

Cigna

Cigna has worked in international health insurance for more than 30 years. Today, Cigna has over 71 million customer relationships around the world. Looking after them is an international workforce of 31,000 people, plus a network of over 1 million hospitals, physicians, clinics and health and wellness specialists worldwide, meaning you have easy access to treatment.