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15 May 2023, 14:00

Rates are down! New terms to purchase real estate in Minsk's residential complexes

The refinancing rate has been reduced. Following the latest decision of the National Bank, the rate is 10% per annum. As a result, the partner loan programs of the developer of the Mayak Minska, Park Chelyuskintsev and Minsk World complexes have become more affordable. This is a real opportunity to buy a apartment of your dreams!

The interest rates in the credit market of Belarus have been cut down. This is an additional opportunity to borrow funds and purchase real estate in the city's new neighborhoods with a great infrastructure that still continues to develop.

The number of consultations, which end up with a loan application and the purchase of real estate, is growing. Business analyst Yevgeny Busko said that about 900 consultations on loan opportunities have been held over the past month. A significant part of the meetings resulted in a positive decision under the partner programs.

Lower rates attract more and more potential customers. Interest payments are getting lower. Borrowers appreciate that in some cases they do not need guarantors to obtain a loan.

You can take out a loan for up to 20 years to buy apartments in finished houses and those still under construction in the Minsk World multifunctional complex. In the first year, the rate is only 4.99% per annum. When the loan covers up to half the value of the object, no guarantors are required. In the residential complexes Mayak Minska and Park Chelyuskintsev, the grace period has been increased: 2 years at 5.49%. The loan can also be issued for up to 20 years. The refinancing rate dynamics has had a positive effect on the real estate market.

In 2023, this is the fourth rate cut. Each time it decreased by 0.5%. As the refinancing rate is dropping and loans are becoming cheaper, more people can afford real estate in new prestigious quarters of multifunctional complexes built by the group of developer companies, Yevgeny Busko explained.

Here are the complexes where apartments are offered on new terms.

Minsk World

Minsk World is officially recognized as Europe's largest complex under construction. Its quarters are named after continents and parts of the world and are designed in line with the “15-minute city” concept. It is here that the infrastructure of comfort has already been created or is being created for adults and children, young people and entrepreneurs.

Colorful and safe children's towns

Tennis courts and stadiums

Workout areas

Cafes and shops

Kindergartens and schools

Developed transport infrastructure

Ground parking and guarded parking

These houses boast:

  • a designer lobby with a seating area for guests, a concierge desk, a sanitary room with a baby changing table and a paw-washer, a bike box for bicycles and strollers, a book swap corner,

    • an elevator hall with a panoramic elevator, which offers a beautiful view of the capital city,

    • floor-to-ceiling panoramic windows providing light, energy and good mood all the year round,

    • shell&core apartments, which allows arranging the space the way the owner sees fit.

Park Chelyuskintsev residential complex!

The Park Chelyuskintsev residential complex combines the advantages of living in the city's high-end downtown and being close to sprawling parks. Here, children and adults have extensive opportunities for recreation, development and entertainment.

The Botanical Garden is nearby. The houses have spacious foyers that have a high level of comfort that is common for all the houses of the developer group.

Apartments in the Park Chelyuskintsev residential complex range from 38m2 to 78m2.

There are two kindergartens within the grounds of the Park Chelyuskintsev complex. The first one is located in the stylobate of House No. 1, and the second one, designed for 265 children (11 groups, including 2 nurseries), opened its doors last year.

The new houses of the mixed-use complex were built using the latest technologies and high-quality building materials. The noise isolation level is great.

Fast access to any floor is provided by the low-noise elevators from the OTIS company, a famous manufacturer of elevator and hoisting equipment. The houses boast panoramic windows which are a source of light and energy, cost effectiveness and good mood.

Mayak Minska

The complex features:

  • upmarket houses named after famous painters,
  • the country's largest shopping center Dana Mall,
  • the Vostok metro station and numerous ground transport stops,
  • Nezavisimosti Avenue and the Minsk Ring Road nearby,

  • the unique pedestrian Picasso Boulevard with an area for entertainment and celebrations,
  • stores and boutiques,
  • beauty salons and restaurants,
  • cafes and private medical offices,

  • children's playrooms and fitness centers,
  • schools and kindergartens,
  • a parking lot integrated with a large store,
  • Slepyanka water system, parks to do sports, recreate, play games and take a stroll.

This spring you can buy apartments in the city's mixed use complex Minsk World with the help of a loan for up to 20 years at a rate of 4.99% per annum in the first year. With lending up to half of the cost of the property the loan is provided without guarantors.

There is also an opportunity to purchase apartments in Mayak Minska and Park Chelyuskintsev residential complexes with the help of a loan for up to 20 years at a rate of 5.49% in the first two years.

The short numbers are 7675 and 7911, the landline numbers are +375 17 269−32−90, +375 17 39−39−465, +375 17 38-81-719. Feel free to come to the office located at 9 Mstislavtsa Street! Our consultants look forward to your calls and visits in 57 cities and towns across Belarus.

Comfort is now more affordable!

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