Home as a family nest: residences in the center of Moscow that will become family property

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One of the options for buying “for yourself” is an apartment, which will become the main asset of the family both financially and emotionally

Choosing a home as the main family asset, both financially and emotionally, begins, of course, with addresses. In Moscow, as in any other capital, expensive real estate is concentrated in the historic center.

Mid-range housing is usually bought with the expectation of income and status growth. A couple of years – and you can change. The deluxe residences remain in assets for many years. Where to choose the best one? The choice of expensive real estate in Moscow can be approached from several positions: preserving personal capital, investing for the purpose of resale, and buying for yourself. And “for yourself” – how is it?

Someone needs an apartment to occasionally spend the night in the city. Someone buys “for themselves” in a fashionable area, and in a couple of years, when it becomes too popular, will return to the invariably quiet abode near Ostozhenka.

There is another option for buying “for yourself”: a family apartment, which will be treated with due respect by your children, grandchildren and great-grandchildren. As Princess Tatyana Alexandrovna Yusupova wrote to her spouse; take care of the honor of the house, not losing sight of the smallest detail, so that everything in it is flawless, from the parquet floor to the rosewood table.

The average cost of an offer in the most expensive segment – deluxe, where you can find exceptional houses for descendants – at the end of 2020 was 218 million rubles.

With such an impressive budget, high net worth shoppers were quite active in the pandemic year. For the total value of transactions, a new 6-year record was set – 112 billion rubles. And since the beginning of 2021, more than 85 billion rubles have already been spent on elite housing (according to Savills). So it's time not to miss a decent home for posterity.

The choice of a property that will become the main family asset, both financially and emotionally, begins, of course, with the address. In Moscow, as in any other capital, expensive real estate is concentrated in the historical center. This means that our search is limited to the Boulevard Ring and the surrounding neighborhoods. Today there are about 20 high-class houses.

De-luxury projects are built point-by-point, there are also in Zamoskvorechye, and closer to the Central Department Store. But if you want to take an example from noble families, and not from merchants, then it is easy to determine the location.

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The first point of concentration of titles has traditionally been the Prechistenka area. Here the names of the lanes will tell you about the former homeowners: Lopukhinsky, Eropkinsky, Kropotkinsky. There is a small selection of new deluxe houses. In one, “Residence on Vsevolozhsky”, the cost starts at 139 million rubles for a 100-meter lot. In the other, Villa Grace, there are only 19 apartments and all are finished, which limits if you prefer to arrange everything to your liking.

Another location, which is justly called the most aristocratic in Moscow, is not the largest Povarskaya street. The city estates of the Volkonsky, Gagarins, Golitsins, Dolgoruky and other famous noble families were built on it. They settled, as they would say now, “all our own”, in a safe and convenient place. And if to Teatralnaya Square only half an hour walk, then in a light wheelchair it was even faster.

There is only one new deluxe proposal in the vicinity of the historic houses – “Theater House”. Rather, this is not a house, but a full-fledged quarter. The project is in the development portfolio of the Hals group of companies (the owner of the Hals-Development brand). The quarter consists of three renovated houses of the late 19th – early 20th centuries and three new sections.

The question of when this house was built may not even occur to you. This is the case when the style becomes not a sign of the era, but the author's handwriting. This is how Shekhtel and Kekushev built. The Theater House is simply beautiful. The impression of its Art Nouveau-style facades and flowers is one of the most striking if you go on an architectural walk around Moscow.

Among the first buyers of these deluxe apartments there were enough married couples who knew that their children would one day move to this quarter on Povarskaya. Most of the lots here have been bought just “for themselves” and forever.

Those who buy this property now, when some owners are already carrying out finishing work, and some have already moved in, of course, want to quickly start living with comfort on one of the most noble, green – linden trees Povarskaya was planted back in the 19th century – and quiet streets.

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The Theater House has a total of 129 apartments. There are 26 lots left for sale, but there are all options: with two, three and even six bedrooms. This is the largest, 400-meter penthouse, on the fourth floor: in fact, two in a mirrored layout, combined into one, which is convenient for the older and younger generations of the same family who want to live in one house, but always have the opportunity to retire in their half.

this project now starts at 83.5 million rubles for 102.4 sq. meters, which is much more attractive than the new club houses in the Kropotkinskaya area. The most modest apartment is a great option with two full bedrooms, adjoining bathrooms and dressing rooms, plus a large day area.

Only the unique circumstances of life can force a family to sell their property on a historic street. If you look at one hundred of the most expensive Moscow apartments, then it has remained stable in its address list for many years. In April (according to Savills), 25% of demand falls on the Ostozhenka area, 17% each for the Patriarch's and the Tverskoy area with the Arbat.

Where else to build your “noble nest”? Is it just outside the city. By the way, if the second residence is located in Usovo, Razdory or Gorki, it is still very convenient to go there from Povarskaya: from Novy Arbat straight to the expressway.

_ “The authenticity of things will be replaced by the authenticity of feelings,” Stanislavsky wrote. By the way, it was in the old walls of the Theater House that his experimental studio was located. The authenticity of feelings for your home comes with time, when you fill it with your family circumstances: inherited items, brought from trips, bought at auctions, handmade carpets, home collections of porcelain and crystal. There is no snobbery in this, but there is honesty.

The material world objectively shows what your life represents today. Life on Povarskaya is prosperous and beautiful. You can be sure that here and a hundred years later, everything will be in its place: Buninsky square with lilacs, Mindovsky's mansion, Dolgorukovs' manor in lemon-sherbet color and Theater House.

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