Saturday, 14 May 2011

Smolenskaya fever

Upon a recent trip business trip to Moscow, it was made abundantly clear that Smolenskaya is the place to be seen and heard. The hugely wide roads lined with exotic cars the price of real estate here was most definitely going to be through the roof; Even by comparison to the rest of Moscow, which is now one of the most expensive cities in the world to live.

After enquiring as to the price of some of these apartments and told of the waiting list some of these premises  have, a 2 bedroom apartment in this area can easily be sold for anything in the region of $1,000,000 USD.

With prices like these it is sure to keep the rich amongst the rich - which explains why each of these £100,000+ cars parked outside, had its own guard. Bizarre yes, necessary maybe.



The only conclusions we can draw from this is that the price of real estate in the Smolenskaya area of Moscow seems only destine to rise further.

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