The annual growth in real estate prices in Crimea is from 10% to 20%, the Ministry of Housing Policy and the State Construction Supervision of the region reported.
"The growth in housing prices in resort towns and the largest cities of Crimea shows an annual growth of 10-20%. The growth in prices is influenced by the attractiveness of the region for living," the report says. The ministry notes that the region is also experiencing increased demand for housing from residents of other regions of Russia.
Earlier, experts in the construction industry told TASS that the expansion of family mortgages on the secondary market, which has been in effect in Russia since April 1, 2025, could lead to an increase in prices by up to 15% in Russian resort towns and cities with a population of close to a million within a year. In the Republic of Crimea, such mortgages, according to the regional Ministry of Housing Policy, apply to the cities of Bakhchisarai, Belogorsk, Stary Krym, Shchelkino, Armyansk, Dzhankoy, Krasnoperekopsk and Saki. According to the terms of the program, the interest rate is the same for all regions and is 6%. As in the primary market, you can use a family mortgage only once. You can buy an apartment in a building that is no older than 20 years and has not been declared dangerous.
Detailed statistics on average property prices in Bulgaria by city and neighborhood can be seen HERE