The fate of "Khrushchyovkas" in the countries of the former USSR

Housing in "Khrushchyovkas" in large cities

In large cities, it is common to find "Khrushchevs" located in industrial areas, where they where they served as housing for workers. Today, with the closure of many factories, apartments in such buildings are available at very low prices. For example, some options can be purchased for as little as €5,000-7,000, but even under these conditions demand remains low. under these conditions, demand remains low. In the capital of Bulgaria, Sofia, the prices for such housing are, of course, higher. To buy a one-bedroom apartment in good condition, you will have to spend at least €20,000, but probably, it will be located at a considerable distance from the city center. Even in prestigious neighborhoods, the demand for demand for this housing remains low due to the limited lifespan of these buildings, which is about 50 years, and many of them have already been lived in for at least 35 years, resulting in a large number of empty apartments.

The cost of housing in "Khrushchyovkas" in different cities

The average cost of "Khrushchyovkas" in Sofia is approximately €15-20 thousand for a one-bedroom apartment, around €30 thousand for a two-bedroom, and about €40 thousand for a three-bedroom.

The average cost of "Khrushchyovkas" in Tallinn is approximately: €30-40 thousand for a one-bedroom apartment, around €45 thousand for a two-bedroom, and up to €60 thousand for a three-bedroom.

Interest in "Khrushchyovkas" in Estonia

In Estonia, locals are showing more interest in "Khrushchevs". This compact housing is often can be reconstructed and remodeled. For example, a three-room apartment can be converted into a spacious two-room apartment or even a stylish studio. two-room apartment or even a stylish studio, according to Julia Juurik from Ober Haus Real Estate Advisors Estonia.

Similar to Latvia, Estonia has a successful housing renovation program implemented through housing cooperatives. Thanks to this program, many "Khrushchyovkas" have gained a modern appearance and appeal due to updated facades and roofs.

Housing in "Khrushchyovkas" in Lithuania

In Lithuania, there are also many "Khrushchyovkas," both in small and large cities. The older ones, in particular, are located close to city centers, which gives them a certain prestige. For example, in the Lazdynai district, several prestigious buildings were constructed in the 1970s. The construction was done to a high standard, and this area became one of the best places to live. The group of architects and builders who worked on these houses was even awarded the Lenin Prize.

Housing in Lithuania: Renovation of "Khrushchyovkas"

Today we will tell you about the process of changing standard "Khrushchevka" houses into high-level housing in Lithuania. high-level housing. It is not uncommon to find dwellings of this type in Lithuania - they were built in the Soviet era and have certain features. Soviet times and have certain peculiarities. However, instead of demolishing the old dwellings, the owners decided to instead of demolishing the old dwellings, the owners decided to invest significant funds for renovation.

By the way, if we remember the movie "The Adventures of Elektronik," we can imagine what this area in Lithuania looked like in the past. But now, reconstruction work has been carried out here, and significant funds have been invested in the old housing, including funds from the European Union.

Housing prices in Lithuania

In Lithuania, housing prices vary depending on the area. Closer to the center, apartments are sold for around €1500 per square meter, while in residential neighborhoods, prices do not exceed €1000.

Tauenu Dvaras notes that some of the crush houses in the province are in terrible condition. Sometimes they are not even heated and are only bought for the annual visa. Prices for such prices range from €5,500 to €10,000.

The average cost of "Khrushchyovkas" in Lithuania

On average, the cost of "Khrushchyovkas" in Vilnius is:

• €40,000 for a one-bedroom apartment
• €50,000 for a two-room apartment
• Up to €60k for a three-bedroom

Housing in the Czech Republic: changes with "Khrushchyovkas"

Significant changes have occurred in the Czech Republic regarding "Khrushchyovkas." The old five-story buildings of the classic type have practically disappeared from the country; they can only be found in small towns, where they are mostly inhabited by Roma. In Prague and Karlovy Vary, the former mass-produced buildings, especially those close to the center, have become a "rare commodity."

Reconstruction of "Khrushchyovkas" in the Czech Republic

A representative of SANTANA PRAGUE reports that a complete reconstruction of "Khrushchyovkas" is underway in Prague. The buildings are being rebuilt, and the facades are being updated while only preserving the outer shell.

Housing in old panel buildings is probably not the most sought-after option among foreign investors and even among Russians. However, it is still in demand among those who value affordability and low housing costs.

Many countries have already gotten rid of such buildings, but in Russia, they can be found everywhere, especially in less prestigious areas. In Moscow, the wealthiest districts have already rid themselves of panel houses, but other regions still hold this type of housing in high regard.

Abroad, the fate of old buildings can vary - from slow decline to complete reconstruction and renewal. Foreign buyers usually prefer modern housing in the city center rather than old panel buildings on the outskirts.

Nevertheless, the demand for real estate in old houses persists due to their availability and low prices. For those who are looking for a budget housing option, such houses can be a great choice.

It's important to analyze your needs and capabilities before purchasing real estate, especially if you're considering investments abroad. An old panel building might be the optimal choice for those who value savings and are willing to renovate and modernize the property to their taste.

Introduction

One of the characteristics of great Soviet life was owning one's own home in the form of a "Khrushchyovka," which at the time was a symbol of a good life. However, over time, our preferences for housing, its comfort, and structure have changed. Nowadays, "Khrushchyovkas," with their shortcomings, are no longer at the peak of popularity.

Problems

The main issues include narrow hallways, small spaces, and uncomfortable layouts, which do not attract potential buyers. Programs for relocating outdated homes have been around for a long time, but their numbers have not significantly decreased yet. However, a program for demolishing "Khrushchyovkas" has already been launched in Moscow, while in St. Petersburg, renovations are currently not planned due to a lack of funding.

Cost

Average prices for one-bedroom "Khrushchyovkas" vary widely. For example, in St. Petersburg, a one-bedroom apartment costs around €71,000, while in Riga, it starts at €20,000. Prices for two-bedroom "Khrushchyovkas" range from €30,000 in Riga to €45,000 in Tallinn and down to €20,000 in Sofia.

Latvia

The main demand for such housing is formed by local residents. Even Riga "khrushchevkas" are not in demand among both Russian and other foreign clients are not in demand. To their general disadvantages. to their general disadvantages is the fact that they are located only in dormitory districts of the city.

• The average cost of a one-room "Khrushchyovka" in Riga is €20,000 - €30,000.
• The average cost of a two-room "Khrushchyovka" in Riga is about €30,000.
• The average cost of a three-room "Khrushchyovka" in Riga is about €40,000.

Bulgaria

“We ourselves do not engage in the sale of apartments in such buildings. I’ll go further and say that real estate companies don’t deal with them at all, because there’s simply no point,” says Alexander Zvezdanov from the Terem BG company. In large cities, these buildings were located in industrial areas where workers lived. Now, in places where enterprises have already closed, apartments are being sold for almost nothing.

• The average cost of a one-room "Khrushchyovka" in Sofia is about €15,000-20,000.
• Average cost of a two-room "khrushchevka" in Sofia: about €30 thousand.
• There is not much demand for such real estate, even in good neighborhoods.

Estonia

Estonian "Khrushchyovkas" are also primarily of interest to local buyers. This small-sized housing is often being remodeled today, with people making alterations. "They turn a three-room apartment into a nice two-room one, and a two-room apartment into a spacious studio," says Yulia Yurik from Ober Haus Real Estate Advisors Estonia.

• The average cost of a one-room "Khrushchyovka" in Tallinn is €30,000-40,000.
• The average cost of a two-room "Khrushchyovka" in Tallinn is €45,000.
• Average cost of a three-room "khrushchevka" in Tallinn: up to €60 thousand.

Lithuania

There are a lot of "Khrushchyovkas" throughout Lithuania, both in small and large cities. Moreover, the oldest ones are located not far from the city center, which adds a few "points" to their value. However, many of these residences are simply vacant, which is due to their age. Additionally, at one time, some of them were quite prestigious housing options.

• The average cost of a one-room "Khrushchyovka" in Lithuania is about €20,000-30,000.
• The average cost of a two-room "Khrushchyovka" in Lithuania is about €40,000-50,000.