Olympic reservs the closure of Russia’s borders with other countries, the uncertain duration of these limitations, there is growing interest in projects in the Russian resort cities, first and foremost, Sochi, noted in the international consulting company Knight Frank. However, Sochi is not the first year is in the top 5 most expensive Russian cities at a cost of residential property, estimated by analysts portal CYANOGEN. Higher prices were recorded only in Moscow, St. Petersburg and Yalta. The prefix “de Luxe” this black sea resort is obliged to winter Olympic games 2014. Large-scale construction began in the region several years before the event. The Olympic venues that were built around the clock, handed over in time, but the construction of residential complexes have actually suspended for a year. A moratorium on the construction and reconstruction of objects not used during the Olympics, was introduced in Sochi on 1 January 2013 and lasted until July 2014. It was officially recorded in the adopted in December 2007 the Federal law “On organization and holding the XXII Olympic winter games and XI Paralympic winter games of 2014 in Sochi”. A ban on the construction dealt a severe blow to both developers and the city budget. 150 developers were forced to freeze construction. “Freeze” is not all. Simultaneously with the introduction of the moratorium, the city administration took over the fight against unauthorized construction. As a result, after the lifting of ban on new construction in the area of Olympic hospitality is a deficit of quality housing, which was particularly noticeable in the Wake of the growing popularity of the resort, noted in the company ZAO “ferro-estate”, the commercial partner for the implementation of villas and apartments of the club residence Reef Residence, completed a year ago. In the primary market of high-budget real estate Sochi at the moment, three projects are presented that according to the classification of Knight Frank belong to the luxury segment, with a total supply volume of 135 lots. Two objects are already in operation, another is in the final stages of construction. Reef Residence is well known in the market and with strong demand over the past year to two commissioned projects total sold about ten lots, transfer to Knight Frank.Premium shumoizolyatsiya the moment, Sochi is one of the few resort towns of Russia, is able year-round to provide not only a comfortable climate, developed infrastructure, and high level of service. “All of these factors against the background of a pandemic and isolation even more spurred the interest of wealthy buyers in luxury real estate the black sea resort at a private club, with its private territory and infrastructure. Crowns��virus has increased the desire of people to leave the city with a multimillion population and to move closer to the sea, in a place with good environment and low population density, but without loss of quality of life. Olympic capital provides such an opportunity”,— says Svetlana Nogayeva, General Director of ZAO “ferro-estate”. “Obviously, with the pandemic of Sochi, received another chance to “expand the audience” from the point of view of tourists, and from the point of view of the buyers of expensive real estate,” says Olga Shirokova, Director of consulting and Analytics Knight Frank. And in addition, by revising their activity and come to the conclusion that most of my work can be done remotely, residents of other cities began to consider Sochi as a permanent residence. According to Svetlana Nagaaway until the real estate market on hold due to quarantine, closing of borders has redirected the attention of the audience with a capital-level ultra-high net in the direction of the Russian Riviera. “Today, for the luxurious life you can go not only to nice, but on the black sea coast. Reef Residence gives the opportunity all year round to have your own house near the sea in the Deluxe resorts, only to fly significantly closer and easier. Today, we see a positive trend and record a growth of interest, but also the willingness of clients to remote purchases, despite the fact that for the conservative elite Russian real estate digital transaction is still a rarity. So, in may we conducted an online apartment is located in Reef Residence. And since the beginning of the pandemic resulted in a record number of calls for apartments and villas Reef Residence. Demand has doubled compared to the same period last year.” Recall that the club residence Residence Reef — the first and only fully constructed object in Sochi in class Deluxe. It is located in the prestigious district of Sochi, on the first coastal line, near the residence of the Russian President, surrounded by 37 hectares of arboretums. Kitchen has all the necessary infrastructure with all the trappings of a luxury resort life: a beach, a complex of year-round pools, Spa and fitness club, round the clock Concierge service. Club space is made of marble, onyx, brass and travertine. The facade is decorated with sheets of patinated copper. Collection of apartment Reef Residence offers classic apartments with terraces ranging from 84 sq ft to 663 sq m; five duplex apartments with private garden and terrace — from 244 sqm up to 363 sqm, the apartment has a private patio occupies an area of 629 sq. m. Penthouse with an area of over 800 square meters has already been implemented. The exhibition also presents two detached villas — Reef Angel and Diamond Rock — area 445,4 square meters and 1283,2 ��V. m, respectively, with private pool, waterfall and garden. All units offer breathtaking panoramas, which allows you to experience the peace and absolute harmony with each other, which is especially important in conditions of isolation. The creation of Reef Residence engaged Bureau “Meganom” under the direction of famous Russian architect Yury Grigoryan. According to him, the complex — the Union of architecture and landscape, because the most important thing in Sochi is still the sea. The architect managed to design a unique organic form of the green mountains: the rejection of symmetry and curves of the facade allowed us to make complex organic part of the landscape.Speaking of Reef Residence, Yuri Grigoryan stressed that the project is unique: “Today something like that nobody would do because it’s really expensive. A lot has changed, and in our days often have to take on a more “lean” projects, where there is only Elevator, stairway and a minimum of necessary. Residents of the same Residence Reef can be utilized not only necessary, but also the attributes of a luxury is, for example, two pools, a Spa and a private beach”.According to the brokers of the project, of particular interest customers are to the villas Residence Reef. Exclusive lots, which can rightly be classified as Trophy Property. Market participants have no doubt that after the lifting of quarantine measures the potential for growth in demand for real estate in Sochi will continue, given the shortage of finished proposals and sites for new construction in the city. “Active construction, designed to meet the growing demand for resort property is an additional plus encouraging competition in the market. Therefore, we can assume that the current intensive urban development there will come a day when every free square meter in Sochi will be in literally the weight of gold,” concludes Eduard Filippov, the General Director of one of the leading brokerage companies Sochi “Vincent real Estate”. ultra-high-net – ultra-high-нетde luxe – de Luxe
