Minsk would have lost a lot if not for the multifunctional complex Minsk World. Many developers made big promises. However, none of them managed to offer a concept of a fully self-sufficient neighborhood! Minsk World is an urban community rushing into the future. It is a time machine that can take you to the future of Minsk.
Back in the early 2000 it became clear that the old airport Minsk 1 in the very heart of the Belarusian capital was doomed. The runway could not handle modern aircraft, while flights over urban neighborhoods did not meet modern safety standards.
Hundreds of hectares stood idle waiting for some unconventional development solutions.
There were several attempts to come up with development projects for this area, but all of them fell flat. However, in the end the famous international developer Dana Holdings put forward an absolutely novel development concept for this area.
It suggested building the Minsk World multifunctional center incorporating the international financial center Minsk World as its main element. The company was inspired by Dubai, the city that owes its success to the active use of foreign investment and that now welcomes more than 11 million tourists a year.
The development company had relevant experience. It worked on similar projects in Russia and other countries. Its specialists were involved in the world's biggest construction projects. However, most importantly, the company had a clear vision of what it wanted to do. In addition to that, the company had already implemented some interesting construction projects in Minsk – it built several houses that drew a lot of attention.
The Minsk World construction project was supported by Belarus President Aleksandr Lukashenko. The foundation stone laying ceremony took place on 2 October 2015. Only four years have passed since that time! It is impossible to believe it!
Those who have not been in Minsk for several years should go and see how this place looks like now! If they go along Aerodromnaya Street from Denisovskaya Street and then turn to the left to Kizhevatova Street and proceed to the hospital, they will see this huge neighborhood! The scale of the construction project is really impressive!
There is no wasteland on the place of the old airport! Over this short period of time dozens of new modern buildings emerged. The Minsk World complex fascinates the eye. It is for a reason that it received the EuropaProperty award as the largest multifunctional complex in Europe.
Minsk World today is a construction site with an area of over 340 hectares! More than 3 million square meters of residential and commercial premises will be built here.
The project is slated for completion in 2027.
The complex has a number of landmark facilities.
First of all this is the international financial center Minsk World which construction has already begun.
It is built in collaboration with the Dubai International Financial Center. Partner agreements with the UAE were signed at the government level. Before that similar agreements with the Dubai International Financial Center were signed by the development company. Architects who worked on the Dubai center came to Minsk to take part in the development of the similar project in Belarus. The experience of the Emirati partners will also be used while arranging the work of the international financial center Minsk World. The concept of the center provides for attracting major international investors, which will help turn Belarus into the regional economic hub and become the continent's most competitive and investor-friendly country in the near future.
In addition to that, the Minsk World center means creation ofthousands of direct and indirect jobs for Belarusians.
The country's largest shopping and entertainment center is being built nearby. Its name has already been chosen - Mara Mall. The name in Belarusian perfectly reflects its concept.
The third important element of the complex is a new big urban park. It will be laid out along the central axis of the complex. Shady alleys, fountains and sculptural compositions, children's areas and sports grounds – the park will have everything for outdoor recreation.
Another important construction site, which is now well recognizable for its arc metal structures is Aerodromnaya metro station. Two stations of the new, third line of Minsk metro will be within an easy reach for residents of the complex!
Housing is also actively built here. Today the complex offers apartments in nine of its quarters! The number of offers is growing almost every month!
If you want to see what the whole complex will be like and feel its vibe, take a turn from Bratskaya Street into the Emirates Lux quarter. This is the first full-fledged quarter of the Minsk World complex, which is about to be completed. The finishing touches will be made in the run-up to the fifth anniversary of the foundation stone ceremony!
Here, there is a large green courtyard with numerous children's playgrounds and workout zones.
A spacious shopping center is being built nearby. Its floor space will exceed 4,000m2!
Ten houses of the quarter are ready for living and have mostly been settled in. The Marina, Pearl and Palma houses evoke seafront moods enhanced by the grand Emirates Wave house. The architecture of the quarter resembles the seafront area in Dubai!
Almost all the apartments have been sold out here! The news is not so good for those who would like to live here. However, there is also good news. Apartments are still on offer in the last two sections of the Emirates Wave house, which have just come on sale!
The 18-storey seventh section features 126 apartments, the 21-storey eighth section – 154 apartments. The upper floors of each section have three apartments with terraces. They offer an absolutely stunning view of the entire complex Minsk World. To make the view complete, the fences of the terraces are made of special tempered glass.
All apartments boast a base build concept, which will allow you to arrange the space the way you want taking into consideration your needs.
The choice is great!The size of studio apartments, so-called euro-apartments, ranges from 42m2 to 89m2, that of the apartments with terraces on the upper floors - from 51m2 to 113m2.
Residents of the house will enjoy plenty of sunlight. All the apartments feature glazed loggias and large windows with child safety locks.
The seventh section will have two quiet high-speed elevators. The eighth section will have three such elevators. The elevators are from the world's leading producer OTIS.
The basement, the entrance and the terraces of the house will be decorated with ceramic granite. The entrance will feature ramps.
The lobbies are spacious with high ceilings. The lobbies will feature a concierge desk, a courier waiting area, and a restroom with a baby changing station. The lobby will be 55m2 big!
There will be bike racks near the house.
Parking lots are located along the external perimeters of the quarters, while a neighboring quarter has a nine-level 800-car indoor parking lot. It was commissioned half a year ago.
Do not overlook the neighboring Champions quarter that is within view of Aerodromnaya Street. It is in high demand. Apartments in the Rio de Janeiro house have already been sold out. Apartments in the Sydney Lux and Sochi houses sell incredibly well, too. The grandiose Beijing house still offers an opportunity to become a resident of the nearly-finished quarter.
What is so special about it? Of course, first of all, it is a territory of sport and a healthy lifestyle. Courtyards of the quarter will feature sports grounds and workout areas, bicycle tracks, and a sports and recuperation center.
We should also remind you that during the 2nd European Games in Minsk Team Serbia laid a capsule with a message to future residents of Europe's biggest residential complex during the foundation stone ceremony of the new house.
And, of course, do not forget about the North America quarter. A very attractive promo is running here till 15 April! It offers a 10% discount for all available apartments in all houses regardless of the way of payment!
One of the advantages of the North America quarter is two new metro stations and numerous public transport stops in the vicinity.
Two schools with swimming pools will be built in the quarter. Neighboring quarters will feature kindergartens.
Courtyards of the quarter will have workout areas and children's playgrounds with landscape design
The promo offers apartments in the San Francisco, Los Angeles, Quebec, Vancouver, New York, and New Orleans houses.
They are different, but have a lot in common:
- a base build concept used in all apartments of 28-74m2;
- room height of 2.7-3m;
- excellent insolation;
- insulated glazing from the best manufacturers;
- spacious designer lobbies with a concierge stand, a restroom with a baby changing station and a dog paw washer. A lot of lobbies also have rooms for storing prams and bicycles;
- fast and silent OTIS elevators, the elevators are panoramic in some houses.
This is a new level of comfort and a totally different aesthetics of modern housing!
The promo offers 10% off the price for apartment until 15 April!
Whichever quarter or house in the Minsk World complex you choose, you will not make a mistake. After all, according to Chief Architect of the developer Petar Petrov, the company does not sell square meters.
“We sell the content, location, style and way of living. This may sound a little bit pompous, but this is what defines our life,” he noted.
In his words, it has resulted in well-developed infrastructure in every quarter. Since there are about 5,000 apartments in a quarter, it means that about 15,000-20,000 people will live there. In essence it is a small European town!
“For this area to live, it needs retail outlets, commercial premises, schools, kindergartens, playgrounds for children, sports grounds, and some entertainment. It is how the Minsk World complex is being built – in line with the city within a city principle,” Petar Petrov explained.
There are important economic considerations in buying an apartment. When apartments sell well, their prices rise. The value of apartments that have already been bought grows as well. For instance, prices for apartments in the sections of the Emirates Wave house, which became available for sale earlier, have already increased by 50%. Real estate specialists believe that the price per square meter in such houses and in such a place can easily reach €3,000-5,000 in the future!
The company offers a custom-tailored service. Managers of the sales office will help you choose the house, the floor, the apartment size and layout as well as the means and terms of financing your purchase.
All the consultations can be done remotely by phone. Together with your sales manager you will choose your apartment and it will be booked for you.
The real estate developer is convinced that it is more profitable for any one of us to pay for an apartment of our own than paying similar rent sums every month. This is why special financial tools are offered!
Now is the most opportune time to make your choice! A crisis is a good time to buy an apartment and a heyday is a good time to sell an apartment. It is a golden rule of economy. There are no reasons to believe prices for new construction will go down.
According to Chairman of the Board of Directors of the development company Vibor Mulic, 95% of the construction materials the company uses now are of Belarusian make. Finishing materials of Belarusian producers are widely used, which has allowed reducing the cost of finishing work by 15%.
About 100,000 people are working at the construction sites of the company, including specialists of dozens of subcontractor companies.
“There are no objective prerequisites to expect an increase or a decrease in prices for new real estate in time of a crisis. The prices will remain stable during the crisis and will grow after the crisis. On the whole, countries with the unemployment rate of under 5% such as Belarus are characterized by a stable real estate market as well as stable although small growth of prices,” Vibor Mulic believes.
Buyers know that the situation will soon get back to normal.
“Real estate is a long-term investment. Just like in other similar situations the falling real household income will soon be compensated for, this is why it is time for those who need an apartment of their own to abandon all doubts. Prices for rental apartments are not going down ieither!” Vibor Mulic stressed.
So, don't miss out on your opportunity to buy apartments in the Minsk World complex!
The long-term installment plan (up to ten years) from the real estate developer is an unbelievably advantageous financial tool! No interest rates, no excess payments, no attempts to inflate the price per square meter. You will need neither income verifications nor guarantors to sign the contract. You only need your passport!
Belarusbank's partner program Mortgage With Us looks attractive – the loan can cover up to 90% of the apartment's cost and can be repaid over the period of up to 20 years. The interest rate will be 4.74% per annum in the first year, 9.75% in the second year and the third one, and 14.19% later on.
A lending program from Priorbank is an interesting choice. The program is designed to last for five years and expects the buyer to make the down payment of at least 10% of the apartment's cost. The interest rate will be 5.99% in the first year and 14.18% later on.
Substantial discounts are available to those, who are ready to pay the full price for an apartment right away with his or her own cash or bank loans!
All the details regarding the terms of buying an apartment in the Minsk World complex are available on the website bir.by, in the developer's sales office, and by phone. The sales office is open from 8:30 till 20:30 on weekdays and from 9:00 till 20:00 on weekends and holidays at 9 Mstislavtsa Street (ground floor, Dana Center), Vostok metro station, Minsk. The mobile hotline number is 7675, fixed-line numbers are +375 17 269−32−90, +375 17 39−39−465.
Minsk World is a glimpse of tomorrow!
