Dear Belarusians! Please accept our sincere greetings on the occasion of Independence Day of the Republic of Belarus. This holiday symbolizes the eternal memory of those who defended the independence of their homeland on the battlefields and unites all those whose talent and work contribute to its present and future.
We wish you to preserve and multiply the glorious traditions of ancestors. Peaceful sky, well-being and prosperity, confidence in the future!
A study by the Knight Frank consulting company confirms that global property prices are rising at the fastest rate in nearly three years. Prices increased by 5.6% on average in 2020. The leaders in price growth are not only Sweden and Austria but also our closest neighbors - Russia (14%) Poland (10.9%).
According to realt.by, the situation in Belarus is the opposite. Prices have significantly dropped compared to June of last year. This means it is the best moment to invest in real estate, as the global price growth trend will reach our country in the near future.
This is what happened in Moscow where prices rose by 16.2% in the primary market in 2020. RBK-Investment forecasts residential prices in the Russian capital to rise by about 8-10% in 2021.
Today, real estate investment is one of the safest ways to save your money as the housing market is not as volatile as the stock market.
This is the principle preached by American tycoon Warren Buffett. He repeatedly emphasized that real estate is a reliable option for investment as volatility in this segment is not very high.
American millionaire Robert Kiyosaki doubles down on that saying that for the majority of people real estate is a great way to build wealth:
“Real estate generates passive income almost non-stop as long as it is properly managed. Real estate grows in value most of the time, which creates additional income. Yet, this type of business takes a lot of time and effort at the beginning.”
Why does it make so much sense to invest in real estate today?
- Dollar and euro are losing value
Citigroup says U.S. dollar may drop by 20% against rival currencies this year. The same forecast was made by Stephen Roach, Yale University senior fellow and former Morgan Stanley Asia chairman.
- The cost of building materials is growing
Prices for sawn timber have doubled in price year-on-year due to the increased demand for timber in the world. Such commodities as reinforcements, roofs, windows, finishing materials and insulation became about 40-70% more expensive. For example, a year ago foundations cost about $500 per tonne, today their price is $700-800.
The situation is the same in Russia. Russian developers announced a sharp rise in prices for rolled metal and reinforcements back in December 2020. In early 2021, prices rose 50% year-on-year. Prices for boards used in construction also went up.
- Housing prices in neighboring countries are on the rise
Prices for real estate rose not only in Russia (up 14%) and Poland (up 10.9%), but also in the Baltic States. According to RBC-Real Estate, prices for new housing in Lithuania grew by 5%. Apartments in Latvia are expected to become more expensive, too.
How to choose an investment target in Minsk?
The reliability index of the real estate developer and characteristics of its residential complexes are the most important aspects. The company stressed multiple times that its strategic goal is to give every Belarusian family with a stable income an opportunity to buy their own housing.
The developer of the multifunctional complex Minsk World has operated in the Belarusian market for 15 years. It builds comfort- and premium-class housing and follows ‘a city within a city' principle in constructing its complexes. No delays and scammed investors.
The developer maintains the most attractive prices in the Belarusian market with the help of various financial instruments and by using promos and special offers for various categories of the population.
“Our company is socially responsible, so during the pandemic we offered special terms to employees of healthcare and education. We do not aim to get quick profit, but want to offer high-quality housing at attractive prices. At present, we have a broad choice of apartments at old prices that will not change for clients who have already signed the contract,” Chairman of the Board of Directors of Dana Holdings Vibor Mulic said.
The main features of the complex are great access to public transport and its own infrastructure. The Minsk World complex is located close to major transport arteries of the capital – the streets of Kizhevatova and Aerodromnaya. A new metro station is under construction in the territory of the complex, and another one is located within walking distance and is already operational.
The real estate developer is constructing kindergartens and schools, workout areas and children's playgrounds, shopping malls and parking lots. The economic center of the complex will feature the International Financial Center and the shopping and entertainment center Mara Mall.
Apartments in Minsk World offer European quality. They are not flats built during Stalin's era or Khrushchev's era. Residents will enter the house via a designer lobby with a concierge stand, a recreation zone and a sanitary room. Fast lifts and panoramic windows add to the already long list of advantages.
At every stage of the construction process the developer offers good discounts to clients but the biggest profit can be achieved if one buys the house at the foundation pit stage.
Vibor Mulic believes: “We have no doubt that customers from Belarus and other countries highly appreciate this offer – our company offers very attractive variants as far as value for money is concerned. And the investment value of real estate projects has surely proven its indisputable profitability thanks to many years of our experience and to world practice.”
He is convinced that as new landmark objects are built, the market will surely respond to it with increased demand for real estate in this area.
We also look forward to your visit to the sales offices located near the Vostok metro station in Minsk at 9 Mstislavtsa Street (first floor, Dana Center, open from 8:30 till 20:30 on weekdays and from 9:00 till 20:00 on weekends and holidays) and 11 Mstislavtsa Street (first floor, Dana Mall, open from 9:00 till 22:00 every day).
Our regional sales managers can be found in 19 cities and towns across the country: Brest, Pinsk, Baranovichi, Gomel, Mozyr, Svetlogorsk, Rechitsa, Zhlobin, Grodno, Lida, Vitebsk, Orsha, Novopolotsk, Mogilev, Bobruisk, Nesvizh, Borisov, Soligorsk, Molodechno.
Investments in Minsk World are the best way to take care of your future!