Moscow Townhouse Sells for $99 Million, Shattering City Record
September 30th, 2008 by BallerHouse
The world may be in an economic crisis, but there’s still plenty of big spending going on in Russia. According to Russian property agency Agent 002 last Friday, Moscow’s most expensive property, a 1,300 square meter (14,000 square foot) townhouse, sold to a low-profile Russian business tycoon for nearly 2.5 billion Rubles, or approximately $99 million USD.
Located within Moscow’s Chistie Prudy (Clean Ponds) Residence complex, a five minute drive from Moscow’s Red Square and city center, the 7+ story townhouse contains five bedrooms, five full bathrooms, three half baths, a children’s floor, a basement-level indoor swimming pool, and a rooftop winter garden.
The record breaking property is one of six townhouses located within the 240,000 square foot Chistie Prudy Residence complex, which also houses “two club-type low apartment density residential houses, eight unique single apartment private residences from 900 sq m (1,000 sq f) to 2,000 sq m (21,000 sq f) in two mansions and…two-story underground parking for 88 cars,” as the listing information explains. The Western-managed complex also features private security, silent elevators, a central water purification system, indoor pools, and gyms. For all you big ballers looking for a similar property, it appears that four townhouses are still available in the complex.
The unnamed buyer of the $99 million Moscow property is reportedly around 40 and not one of Russia’s most well-known tycoons. Petrodollars and booming consumer confidence are fueling the demand for high-priced properties in Moscow, the world’s most expensive city, where the average cup of coffee runs over $10.
While the rest of the world prepares to tighten its belt, we’re glad to see that the super-rich in Moscow is still ballin’.
Note to the unnamed buyer: come outfit your new pad at BallerToys, our recently-launched online store. (Yeah, we know it’s a shameless plug).
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Sources: Sotheby’s International Realty, Reuters India
Tags: Baller Properties On the Market, Moscow $99 million house, most expensive house in Moscow, Real Estate
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