The fact that today’s investments in suburban real estate promises considerable profit in the future to any participant in this market segment is noteworthy. Prices for objects annually only increase, and in successful projects their growth is about 15-20% annually. So the construction of cottage villages can rightfully be considered a profitable business. Even those who purchase suburban real estate on credit, and that will not remain on the loser – the final profit significantly overlaps payments to the bank. At the same time, buying a plot of land at an early stage of development is more profitable than during the construction of a cottage or upon completion of work. This is proved by practice: most sites in suburban villages usually sell out long before the start of construction work. Moreover, the higher the class of the object, the more noticeable is the benefit, reaching up to 25% of the total cost.
It is not surprising that this segment of the market over the past two to three years has replenished many new participants. That’s only competition withstand only those who are able to surprise customers with an offer different from others. Firstly, developers who perform the full range of works, starting from development and ending with the actual sale of real estate, feel the most confident on the market. In addition, many developers attract customers to their companies due to the not so widespread, but still promising to become a very popular offer – large land plots.
According to Vladimir Yakhontov, deputy director of the suburban real estate department of MIEL Real Estate, today the market for cottage villages of the Moscow Region is developing towards the development of large territories. “Small cottage villages will enjoy less and less interest over time. The fact is that there is a tendency for utility services to rise in price, respectively, in a village with 50 houses, the cost of maintenance will grow much faster than in a village with 200 houses, ”says Yakhontov.
In addition, in a large village there is the possibility of providing a wide range of services. Currently, according to experts, in the real estate market the most common fully built-up cottage villages in a small area of about 5-7 hectares. Moreover, in such a village, at best, a store will operate, the construction of other infrastructure in this case will be economically inefficient.
If in the early 90s small land plots were popular, and in the middle at the peak of popularity there were plots with an area of over 20 acres, today the trends in this area are divided. For very expensive housing, which is actively represented on the market today, large plots are more likely to be characteristic, on which, in addition to the house, additional buildings can also be placed – sheds, baths, outbuildings, etc. For cheap housing, small plots are more characteristic, not least the turn is due to the desire of buyers to save on cost and not overpay for unnecessary hundreds of hundred.
If we summarize the consumer preferences in general, we get about the following picture. Demand is either ready-made comfortable cottages with a good communications system and a protected area, or land plots – farm, agricultural land – for cottage construction. The same trends are observed among the economy class offers, where people try to buy land for development with the possibility of summing up all communications for the construction of new housing. It is characteristic that the popularity of houses built in the era of developed socialism is quite low and decreases over the years. The reason for the client to reconsider this position can only be the popularity of the place where such a house is located. Starodachnye villages are still relevant and will be relevant for several more years, at least. In general, the requirements for the place are traditional: most buyers want to have suburban housing near forests, water and no more than 60-70 kilometers from the capital.