- Russia/Novosibirsk
- The city of Novosibirsk Overview
- Real Estate Report Russia Novosibirsk Objectives
- Russia/Novosibirsk
- The city of Novosibirsk Overview
- Real Estate Report Russia Novosibirsk Objectives
-
Let's start with the Novosibirsk railway station area.
- Hotel room rates near the station
- Station Front: Rental Prices – Mid-Class Aparthotel
- Station in Front: Office Rental Prices
- Prices for used real estate near the station (front side)
- Very convenient layout one room
- Residential area at the rear side of Novosibirsk Station
- Rear side of the station: hostel prices
- Aged property at the rear side of the station (residential area)
- Outlook of the future Hotel business in Novosivirsk Station
- Blukhera Street: 30 minutes by bus from the station
- 1–2 Hours by Car from Novosibirsk Station (Suburbs of Novosibirsk / Beach)
Russia/Novosibirsk
- Novosibirsk Privokzalny District
- Novosibirsk Blukhera St.
- Novosibirsk Suburb
The city of Novosibirsk Overview
The city is located in the center of the Novosibirsk region and is the third largest city in Russia. Novosibirsk is home to 50% of the region’s population.
The largest city in Russia is Moscow, the undisputed political, economic and cultural center. Next comes St. Petersburg, a commercial port and the birthplace of President Vladimir Putin.
Novosibirsk railway station area
Ютуб: Новосибирск, Сибирь, Dronelapse – Вадим Махоров
Characteristics:
The city of Novosibirsk is located at the intersection of the forest-steppe and forest natural zones of the Priobskoye plateau, adjacent to the Ob River valley.
The city has firmly entered history as a major point of distribution of goods from east to west (the Irtysh highway and the Siberian tract) and from north to south (the Chuisky tract and the route of the Ob River crossing). It has long been a major city through which economic ties between the regions of Russia are carried out.
The high demand for distribution has led to a corresponding increase in the need for commercial space, tourism, schools and office real estate. An important advantage of Novosibirsk is that it provides routes not only within Russia, but also beyond its borders (Kazakhstan, Mongolia, China).
Forecast:
In 2025, real estate prices in Novosibirsk increased significantly: the cost of one square meter increased by 16%, from 115,000 to 134,000 rubles (approximately 1.99-2.32 million rubles). According to experts, prices are expected to rise in line with inflation in the future.
Many banks charge developers an additional fee for preferential mortgage loans. This has led to the fact that prices for new real estate are growing at an especially high rate, and there is practically no decrease in prices. A tenth of apartments on the market may grow in price faster than inflation.
Distribution of new buildings
In recent years, the number of new buildings in the area of the railway station and river terminal of Novosibirsk has increased. Unlike traditional Russian buildings of the past, these projects are being developed as public areas with innovative design.
Symbol of Novosibirsk the Chicago Building.
The most representative new residential building in Novosibirsk is the Chicago Building, which is a beautiful combination of two buildings. The Chicago building received several awards in the Golden Capital architectural competition in 2024.
At night, the trendy lights of the Chicago Art Deco building are visible from afar. It has become a symbol of the Siberian metropolis of Novosibirsk.
Using the Chicago Building as a business model, the project of new luxury buildings seems to be gradually expanding.
Prices for apartments listed for sale in the Chicago building and at similar levels are typically as follows.
Sale – Apartment Sale Prices
- 25.2m²: 7.1 million rubles (approximately 8.9k usd)
- 38.3m²: 9.84 million rubles (approximately 123k usd)
- 54.7m²: 10.6 million rubles (approximately 133k usd)
- 70.7m²: 19.2 million rubles (approximately 241k uss)
In Novosibirsk, on the contrary, it is planned to introduce social taxes for the development of social infrastructure. The used housing market is usually significantly undervalued in terms of repair costs: prices are approximately 100,000-110,000 rubles (about1.2k – 1.3k usd) per square meter.
reference
Official website of Novosibirsk
Buy an apartment in a new building in Novosibirsk
Real estate price forecast in Novosibirsk in 2025
Real Estate Report Russia Novosibirsk Objectives
Russia has many old buildings from the Soviet era. This housing situation is typical for Europe, where the age of buildings is about 100 years or more. The market for new housing in Russia is still small, and even in Novosibirsk, new buildings occupy only a few blocks in elite residential and commercial areas. Even buildings that are about 20-30 years old are classified as new buildings.
In general, in residential areas, there is a noticeable presence of used real estate with the appearance of new buildings, reconstructed from old buildings from the Soviet era. Prices for new and almost new houses are in the tens of millions of rubles and are by no means cheap. We want to focus on using slightly restored old used housing.
If the structure is solid and well designed, then even old houses can be repaired and returned to their former value.
Below are examples of images of newly renovated apartments that are popular in Moscow.
YAGODNAYA, Interior design of a private house in Novosibirsk – Amazing Architecture
In this Novosibirsk real estate report, we looked at relatively inexpensive buildings, properties that can be renovated, and properties that could have a high replacement value after renovation, in an area where housing needs are expected to be met.
*Note: In Russia, renovation means completely demolishing a building and then rebuilding it. In Japan, renovation is apparently called rebuilding or conversion, but in this report we use the term renovation (reconstruction and rebuilding) to refer to the Japanese market.
It appears that older homes are sometimes sold at a set price that includes renovation, and renovation of older buildings is seen as a growing market in Novosibirsk in the future.
In addition to short, medium and long term housing and rentals that initially supported the housing market in Novosibirsk, we would like to add digital nomads as a new need and consider the potential of real estate.
Latest Real Estate Report #1: Novosibirsk, Russia 2025
Russia/Novosibirsk
- Novosibirsk Privokzalny District
- Novosibirsk Blukhera St.
- Novosibirsk Suburb
The city of Novosibirsk Overview
The city is located in the center of the Novosibirsk region and is the third largest city in Russia. Novosibirsk is home to 50% of the region’s population.
The largest city in Russia is Moscow, the undisputed political, economic and cultural center. Next comes St. Petersburg, a commercial port and the birthplace of President Vladimir Putin.
Novosibirsk railway station area
Ютуб: Новосибирск, Сибирь, Dronelapse – Вадим Махоров
Characteristics:
The city of Novosibirsk is located at the intersection of the forest-steppe and forest natural zones of the Priobskoye plateau, adjacent to the Ob River valley.
The city has firmly entered history as a major point of distribution of goods from east to west (the Irtysh highway and the Siberian tract) and from north to south (the Chuisky tract and the route of the Ob River crossing). It has long been a major city through which economic ties between the regions of Russia are carried out.
The high demand for distribution has led to a corresponding increase in the need for commercial space, tourism, schools and office real estate. An important advantage of Novosibirsk is that it provides routes not only within Russia, but also beyond its borders (Kazakhstan, Mongolia, China).
Forecast:
In 2025, real estate prices in Novosibirsk increased significantly: the cost of one square meter increased by 16%, from 115,000 to 134,000 rubles (approximately 1.99-2.32 million rubles). According to experts, prices are expected to rise in line with inflation in the future.
Many banks charge developers an additional fee for preferential mortgage loans. This has led to the fact that prices for new real estate are growing at an especially high rate, and there is practically no decrease in prices. A tenth of apartments on the market may grow in price faster than inflation.
Distribution of new buildings
In recent years, the number of new buildings in the area of the railway station and river terminal of Novosibirsk has increased. Unlike traditional Russian buildings of the past, these projects are being developed as public areas with innovative design.
Symbol of Novosibirsk the Chicago Building.
The most representative new residential building in Novosibirsk is the Chicago Building, which is a beautiful combination of two buildings. The Chicago building received several awards in the Golden Capital architectural competition in 2024.
At night, the trendy lights of the Chicago Art Deco building are visible from afar. It has become a symbol of the Siberian metropolis of Novosibirsk.
Using the Chicago Building as a business model, the project of new luxury buildings seems to be gradually expanding.
Prices for apartments listed for sale in the Chicago building and at similar levels are typically as follows.
Sale – Apartment Sale Prices
- 25.2m²: 7.1 million rubles (approximately 8.9k usd)
- 38.3m²: 9.84 million rubles (approximately 123k usd)
- 54.7m²: 10.6 million rubles (approximately 133k usd)
- 70.7m²: 19.2 million rubles (approximately 241k uss)
In Novosibirsk, on the contrary, it is planned to introduce social taxes for the development of social infrastructure. The used housing market is usually significantly undervalued in terms of repair costs: prices are approximately 100,000-110,000 rubles (about1.2k – 1.3k usd) per square meter.
reference
Official website of Novosibirsk
Buy an apartment in a new building in Novosibirsk
Real estate price forecast in Novosibirsk in 2025
Real Estate Report Russia Novosibirsk Objectives
Russia has many old buildings from the Soviet era. This housing situation is typical for Europe, where the age of buildings is about 100 years or more. The market for new housing in Russia is still small, and even in Novosibirsk, new buildings occupy only a few blocks in elite residential and commercial areas. Even buildings that are about 20-30 years old are classified as new buildings.
In general, in residential areas, there is a noticeable presence of used real estate with the appearance of new buildings, reconstructed from old buildings from the Soviet era. Prices for new and almost new houses are in the tens of millions of rubles and are by no means cheap. We want to focus on using slightly restored old used housing.
If the structure is solid and well designed, then even old houses can be repaired and returned to their former value.
Below are examples of images of newly renovated apartments that are popular in Moscow.amazing ardhitecture.com
YAGODNAYA, Interior design of a private house in Novosibirsk – Amazing Architecture
In this Novosibirsk real estate report, we looked at relatively inexpensive buildings, properties that can be renovated, and properties that could have a high replacement value after renovation, in an area where housing needs are expected to be met.
*Note: In Russia, renovation means completely demolishing a building and then rebuilding it. In Japan, renovation is apparently called rebuilding or conversion, but in this report we use the term renovation (reconstruction and rebuilding) to refer to the Japanese market.
It appears that older homes are sometimes sold at a set price that includes renovation, and renovation of older buildings is seen as a growing market in Novosibirsk in the future.
In addition to short, medium and long term housing and rentals that initially supported the housing market in Novosibirsk, we would like to add digital nomads as a new need and consider the potential of real estate.
Let’s start with the Novosibirsk railway station area.
The area around Novosibirsk railway station is divided into the Trade side, facing the front of the station, and the Residential side, located behind the station.
In the fron of the railway station, there is a square and a bus center, where travelers and passengers constantly scurry about, except during the heavy snowfall season.
Along the square there are large hotels, large shopping malls, restaurants, banks and offices, and even late at night it is relatively safe and crowded. However. The area around Novosibirsk railway station is not the busiest. Krasnaya Alley (Krasny Prospekt) and Lenina Street, located 20 minutes’ walk away, are the main streets of Novosibirsk.
Red Avenue
Lenin Street
Red Avenue and Lenin Street are fashionable commercial areas with boutiques, offices, bars and cafes, museums and the Opera Theatre.
The area around the station is more of a transit point through which you can get to Krasny Prospekt, Lenina Street and other areas of the city.
However, as a transit point, the need for housing is very high, and it is not difficult to find inexpensive real estate. Krasny Prospekt and Lenina Street are barely touched upon in this report.
There is a high demand for short-term hotels in the station area, and many tourists stay there in accordance with the train schedule.
In the 2024 financial year, demand from Russia alone will be significant, although the number of tourists from Europe and the United States is declining due to Russian-Ukrainian relations. At the same time, the number of tourists from Kazakhstan, Uzbekistan and China is growing rapidly.
A bit further from the railway station, the number of travelers who plan to stay in Novosibirsk for a longer period also increases.
Map of distribution of hotels near stations
Firstly, before looking at property prices near the station, it is important to look at hotel prices, room rates and rents, as well as commercial rental rates.
Hotel room rates near the station
Luxury hotel across from the station
In mid- to high-rise luxury hotels located on the 10th to 15th floors, a double room typically costs between 10,000 and 20,000 rubles (approximately 125-250usd).
Luxury rooms feature windows with city views, a luxurious double bed, a sofa, a table, a desk and chairs, a 4K TV, and a spacious, luxurious bathroom.
Most hotels serve a buffet breakfast in the main hall, while lunch and dinner are also available in the hotel’s upscale restaurants. In addition to common facilities such as party areas, lounges, and bars, they often have flower shops and beauty salons.
These many amenities not only contribute to guest satisfaction, but are also a key factor in increasing the hotel’s added value.
Middle class hotel room near the station
Mid-range hotels offer stylish designs designed to provide travelers with comfort.
There are a variety of rooms available, including twin, double and single beds. Standard amenities include a sofa, coffee table, wardrobe and private bathroom.
Depending on the hotel, rooms may also have desks, chairs, TVs, etc. Many hotels also offer breakfast, lunch and dinner. In the station area, the average cost is 5,000 to 7,000 rubles (approximately 65-85usd) per night.
Budget Hotel in Front of the Station – Twin Room
A budget room with two single beds, a private bathroom, and a simple table and chairs will cost around 2,000-4,000 rubles per night (approximately 25-50usd).
Managing a hotel is not an easy task, as it requires purchasing the entire building. It is worth noting that in Russia, it is common to rent several apartments in a building and turn them into a hotel. In Japan, such hotels are known as APA hotels.
In addition, the Novosibirsk Station area has a high demand for short-term rentals, so you can expect to make a profit even from renting out housing for a short period.
Next, let’s look at the average rental prices in the Novosibirsk Station area.
Station Front: Rental Prices – Mid-Class Aparthotel
The short-term rental apartment, located about 10 minutes from Novosibirsk Station, is designed for middle-class people. It has a double bed and a long sofa, and the cost for a week’s stay is about 20,000-30,000 rubles. This is about 2800-3000 rubles per day.
The pricing structure for regular hotels and weekly rentals is about the same as in Japan, but the amount of the deposit and security deposit is usually less than one month. Even if you rent a place on a monthly basis, furniture and basic necessities are usually provided. This system is common in the real estate rental industry not only in Russia but also in Europe.
Station in Front: Office Rental Prices
Luxury office space
https://realty.yandex.ru/offer/6980403128029996712
The new Chicago Building also offers commercial and office space to tenants. A 128-square-meter office space costs 430,000 rubles ($7,400) per month.
Near the station: tenants of medium-sized shops
Not far from the train station, a shop on the first floor of a residential building with an area of about 50 square meters can be rented for 100,000–150,000 rubles (approximately $1,241–2,482 ).
Near the train station: Small retail spaces
The typical rent for a store in a shopping center near the train station is 40,000 rubles (approximately $496 US dollars) for a small space of about 20 square meters.
Аренда небольшого офиса рядом со станцией
Even near the train station, a very small office space of about 15 square meters can be rented for 90,000 rubles (approximately $2,000 US dollars).
At first glance, there are not many vacant premises and buildings in the Novosibirsk railway station area. Retail space on the ground floors and objects in the city center seem to have high rental rates.
Let’s look at the prices of secondary real estate in this area.
Prices for used real estate near the station (front side)
Walking distance from Novosibirsk railway station (3 rooms)
https://novosibirsk.cian.ru/sale/flat/309789105
Even 10 minutes walk from Novosibirsk train station you can find an old apartment for only 3 million rubles (about $50,500 ). It was built in 1991, so it is still a relatively new building. The property is fully furnished and has a very rare layout with three completely separate bedrooms.
https://novosibirsk.cian.ru/sale/flat/311532025
With such favorable terms and an asking price of 3 million rubles, you would think that there would be some problems. That’s right, you can’t buy the whole property. The owner owns one sixth of the area, and we will buy the equivalent of five sixths of the area.
This is an apartment that you will have to negotiate and research thoroughly.
If you take the bus from the station to the south for about 10 minutes, the choice of buildings increases significantly.
Very convenient layout one room
https://novosibirsk.cian.ru/sale/flat/315277944
Even in the 10th corridor from Novosibirsk Station, you can find an old apartment for only 3 million rubles (about 50k USD). It was built in 1991, so by all accounts it is still a new building. The property is fully furnished and has a very rare layout with features of a bedroom.
Opening the front door, you’ll see three doors lined up in a stylish row. This could be an apartment hotel with two single rooms, one with a kitchen and one without.
A fully separated 1-room apartment is a rare valued
https://novosibirsk.cian.ru/sale/flat/315277944
It can be reached by bus from Novosibirsk Station in about 10 minutes. The price is 3.2 million rubles (approximately 40k USD), which is not bad at all.
15 minutes by bus from Novosibirsk Station
https://novosibirsk.cian.ru/sale/flat/315099957
Above is a residential complex built in 1960.
The apartment in the duplex is priced at 5.1 million rubles (63k USD), which can be a bit pricey for a used property.
The interior has been renovated, with new floors, furniture, and amenities. The apartment has two bedrooms, a spacious living room, and the furniture and amenities are in good condition. The living room has enough space for two sofas, making it ideal for a group or family.
Incidentally, some of you may be wondering what the situation is like in the Novosibirsk airport area.
The Novosibirsk airport is located rather inconveniently and has a poor selection of shops and restaurants, so when traveling, even for one night, it is common to go from the airport directly to the train station area.
The distance from the airport to the train station is 40 minutes by bus or 30 minutes by taxi.
For example, in the airport area, you can find a 2K apartment for about 700,000 rubles (about 86k USD) for a used property.
https://www.avito.ru/kochki/kvartiry/2-k._kvartira_43_m_22_et._4472311054
- Building type: brick 2-storey
- Year of construction: 1960
- With garden, playground
- Floor layout: 2K 43 sq.m.
- Price: 700,000 rub.
The scenery changes dramatically when you reach the other side of Novosibirsk Station.
Crossing the railway line via a long overhead pedestrian crossing, you find yourself on the other side of the station.
The scenery changes dramatically when you reach the other side of Novosibirsk Station.
Crossing the railway line via a long overhead pedestrian crossing, you find yourself on the other side of the station.
Residential area at the rear side of Novosibirsk Station
Back side of the station is a residential area with five and six-story buildings, apartments and condominiums spaced at regular intervals.
Many of the buildings are the size of Japanese high-rises, mostly old Soviet-era buildings in European style and made of brick.
Some of them have already been renovated and covered with concrete or mortar. It is expected that along with new construction projects, renovation of older buildings with solid foundations will continue.
Renovation of external walls and interior renovations will likely be the key to attracting customers. There are quite a few buildings that need some repair.
The image below shows a scene where an entire external wall is being repaired and painted.
Such scenes are not uncommon in Novosibirsk.
Below is a view of the reconstruction and renovation of the entire building.
External walls and windows of typical Russian buildings
Although much of the building is old, the window frames are decorated with beautiful Art Deco patterns.
Старые кирпичные здания, построенные примерно 50-60 лет назад, можно увидеть повсюду. Те, у которых прочный фундамент, можно преобразить, немного отремонтировав или покрасив.
Old brick buildings, built about 50-60 years ago, can be seen everywhere. Those with a solid foundation can be transformed with a little repair or painting.
Rear side of the station: hostel prices
Bedrooms with curtains
The average price for hostels in the residential part of the Novosibirsk railway station is about 1,000-1,500 rubles.
Hostels are usually two-tiered, with a simple curtain partition.
There are many travelers who want to cut costs and only need a place to sleep. Hostel management is a great option, as it is easy to find.
Aged property at the rear side of the station (residential area)
Now let’s take a look at some of the properties in the residential area behind it.
A one-room apartment, which is quite rare in this area
https://novosibirsk.cian.ru/sale/flat/315431137
The exterior of the building appears to have suffered greatly, but the interior has been renovated and decorated in a uniform style.
This is valuable real estate, as one-room apartments are hard to find in this area. The price is 4 million rubles.
https://novosibirsk.cian.ru/sale/flat/315286629
It was built in 1965 and has a compact layout, with a total area of 29.5 m2 and a bedroom area of 16.5 m2. Even taking into account the small size of the rooms and the age of the building, if you are within walking distance of Novosibirsk Station and can stay at a budget price, you may not have to worry too much.
There is also an older property for sale just behind the station.
3 rooms Damage to external walls and interior
There are no photos of the exterior of the above facility, and since it was built in 1962, it can be assumed that it will show significant damage. The interior is also in need of repair.
However, if you are offering a very cheap option for quick accommodation only, you can start running a hostel right away without incurring any costs.
Three rooms and a bathroom. The kitchen will most likely be basic or non-existent, costing 4.69 million rubles (about 7.85 million yen).
How about targeting guests for whom proximity to the station is of utmost importance?
Alternatively, you could improve the quality of service through renovation.
Is it acceptable to have an external wall right outskirt of the station?
https://images.cdn-cian.ru/images/2446140748-1.jpg
This apartment is located just back side of the station, close to the tracks. The outside walls are in good condition, and the building itself was built in 1962. Perhaps there was a construction boom there that year.
It is a little difficult to judge what is inside the room, as there are many personal belongings of the current occupant(?), but no repairs have been made. From the looks of it, there has been significant damage to the property. However, it looks like it could be easily repaired with some DIY.
A 3-room apartment will cost 4.8 million rubles.
Outlook of the future Hotel business in Novosivirsk Station
The area around Novosibirsk station is located near a major transport route, so large dump trucks and super-large trucks (they are simply huge!) often pass through it every day.
Sometimes you can see long-distance transportation trucks stopping there for a night or two.
If there was a hotel or hostel that could accommodate large trucks, it would probably be quite crowded.
Blukhera Street: 30 minutes by bus from the station
If you take bus for 30 minutes from the station, the number of old multi-story apartment buildings appears frequently. One of the most popular popular area far from the station is Blukhera Street.
Below is a typical Russian apartment block on Blukhera Street, where residential buildings generally range from 9 to 15 stories.
Typical multi-story apartment on Blukhera Street (9–15 stories)
These high-rise residential buildings are panel houses—a type of housing constructed throughout Russia between the 1950s and 1990s. Their distinctive appearance comes from concrete panels assembled on reinforced concrete frames. Originally part of the state housing stock, these buildings were later privatized.
During the post-war population boom, the demand for simple and affordable housing grew, leading to the widespread mass construction of such buildings.
Panel Housing Constructed Across Russia in the Post-War Period
Gateway to Russia-5 unexpected facts about Soviet panel buildings
There are currently two types of panel buildings.
- The old appearance remains the same as it was at that time.
- Has undergone extensive reconstruction.
In model 1, the price per unit is naturally low. In some cases, these old rooms are renovated and resold, rented out, or used as hotels or hostels. The occupancy rate is apparently quite low.
In the case of model 2, both the exterior and interior are modern, which expands the range of use. The area of Blyukhera Street is also built up with panel buildings of these two types.
The number of shops and offices in the area is projected to decline, with the territory gradually transforming into a residential zone primarily serving local residents. A key characteristic of the district is the limited supply of affordable hostels suitable for medium- to long-term accommodation. Within the wider residential landscape, Blucher Street stands out for its excellent transport accessibility and close proximity to the sports stadium, driving strong housing demand among university students, high school students, and sports enthusiasts. With the anticipated prevalence of group stays, a stable and consistent income stream can be expected.
Another attractive feature of real estate in this area is its walking-distance proximity to two well-known universities in Novosibirsk — Novosibirsk State Technical University and Siberian Cooperative University. The neighborhood around the “Studencheskaya” metro station is filled with shopping centers and restaurants.
Demand is expected both for short-term hotel stays and long-term student accommodation, as well as housing for people working within the student district and its surroundings.
The average price per night in a hostel is approximately 1,300–1,500 rubles（approximately $16–$18).
Siberia Ice Arena
Below is an example of a renovated mid-class panel apartment building offering 2LDK–3LDK units, suitable for family living.
Renovated Panel Building
A characteristic feature of panel apartment buildings is that, since many of them are older constructions, they still offer relatively few studio-type units suitable for single residents. In Russia, the number of households consisting of one child, married couples, and small families is increasing. While one- and two-bedroom apartments are in high demand, only a limited number of layouts are able to meet this demand.
Similar to rural areas in Japan, many Soviet-era buildings have layouts designed for families of three to four people. In other words, they tend to be oversized, and their price-to-performance ratio leaves much to be desired.
Price Range Map for Second-Hand Apartments (4.3M → million, in units of 1,000,000)
https://novosibirsk.cian.ru/sale/flat/296179022
The area located about 15 minutes by bus from Blucher Street is characterized by a large number of high-rise residential buildings. Most of the apartments are fairly old and remain unrenovated. The older the building, the higher the vacancy rate tends to be.
The average selling price for a mid-class two-room apartment with renovated façade and interior is approximately 3.5–4.3 million rubles(approximately $42,000–$52,000).
Blucher Street – 2-Room Apartment: 2 rooms, 45㎡ (renovated interior and exterior)
- Year Built: 1965
- Building Type: Panel apartment building (district type), reinforced concrete, no elevator
- Amenities: Parking, courtyard, park
- Floor Plan: 2 rooms
- Price: 3.9 million RUB (~$60,000 USD)
Potential Uses, Residential units for 2–3 people (married couples, couples, friends, students, traveling groups)
The building in Novosibirsk, Russia, was originally designed for family living. In some cases, units are not fully divided, which limits the target audience. Apartments with such layouts are generally more affordable.
Family demand is highest during the summer school holidays in July and August, and during the winter holidays in January, which can make off-season occupancy more challenging. While most travelers visit in summer, solo travelers do not face seasonal constraints, and many continue to travel even in winter.
If a unit is renovated to create fully separate rooms with doors and locks, it could be used as a guesthouse for single occupants. The number of rooms adapted for solo guests is expected to grow in the future.
Another option is to acquire older, inexpensive properties for renovation. However, there are restrictions on updating the exterior, so it is preferable to find a building that already presents an acceptable appearance.
Looking ahead, the secondary housing market in Russia will face challenges in adapting 3DK and 4LDK apartments with single-floor layouts to meet modern needs. Demand is rising for compact, affordable studio apartments near universities, commercial centers, and tourist areas.
Blucher Street: Example of a One-Room Apartment
Regarding rental properties, it is worth noting that 2LDK and 3LDK apartments are gradually being renovated to create one-room units.
Upon entering the apartment, there are two additional doors: one leads to the owner’s private room, which is not accessible to guests, and the other leads to the guest room, which is fully separated.
Regarding rental properties, it is worth noting that 2LDK and 3LDK apartments are gradually being renovated to create one-room units.
Upon entering the apartment, there are two additional doors: one leads to the owner’s private room, which is not accessible to guests, and the other leads to the guest room, which is fully separated.
Renovated 1DK Apartment
Снять квартиру в Новосибирске посуточно
One-bedroom apartment-style hotels are inexpensive, with an average price of approximately 3,000–3,600 RUB (about 5,000–6,000 JPY) per night. They typically include a private bathroom, kitchen, sofa bed, table, chairs, TV, and wardrobe.
Prices for Renovated One-Room Apartments with Kitchen
https://novosibirsk.cian.ru/sale/flat/315788158
Within walking distance of Blucher Street in Cherbourg, there are several one-room apartments priced at approximately 3–4 million Rubles(approximately $36,000–$48,000).
The transaction mentioned above concerns a one-room apartment with an area of 29.7㎡, valued at 3.6 million Rubles (approximately $43,200). The apartment was fully renovated.
- Year Built: 1980 (Panel Building)
- Exterior: Unrenovated but still relatively new
- Interior: Renovated
- Price: ¥6.1 million (~$45,750)
https://novosibirsk.cian.ru/sale/flat/315788158
The apartment features wooden flooring, a wall-to-wall mirrored wardrobe, a bathroom, a kitchen, and a washing machine. It has good bus and rail connections and can be used as an aparthotel or rental property.
Additionally, a separate one-room apartment is available for sale near the “Blucher Street” metro station for 3.7 million Rubles (~$44,400).
One-Room Apartment (1 Room) – Renovated, Brief Kitchen Only
https://novosibirsk.cian.ru/sale/flat/313840560
- Year Built: 1968
- Exterior: Renovated
- Interior: Renovated
- Price: ¥6.5 million (~$48,750)
The apartment features a basic kitchen, refrigerator, washing machine, large sofa, spacious wardrobe, and balcony.
Since the unit is fully separated, the kitchen in the guest room is unique in that it only has a simple sink. However, because it is completely separate from the owner’s room, it can function like a standard one-room apartment.
This setup is likely to appeal to travelers who are not picky about meals, as well as to single occupants and students.
As mentioned earlier, Blucher Street also caters to tourist needs. Next, let’s examine hostel prices and business models.
Blucher Street: Hostel Use Case
Regarding hostels, prices on Blucher Street range from 800 to 1,100 RUB per night(approximately $9.60 – $13.20).
Hostels are generally the preferred choice for short-term travelers, as they are significantly cheaper than a single room in an aparthotel.
Stylish and Convenient Hostel “Caps Lock”
On Blucher Street, an ideal business model for a hotel complex would be a property named “Caps Lock (City Hotel)”. The hotel consists of a traditional hotel section called “City Hotel”, offering standard single and double rooms, and a hostel section called “Caps Lock”, which provides only beds.
This mixed-use approach maximizes revenue by catering to different types of travelers: short-term tourists and business visitors who prefer private rooms, as well as budget-conscious or group travelers who prefer hostel-style accommodations. By addressing multiple market segments, the hotel can maintain high occupancy year-round and optimize profitability.
First, lets see Hostel section.
In the Hostel “Caps Lock”, despite its small size, this is a fully separate room where guests can stay comfortably.
The kitchen and several shower rooms are shared, and opening the door allows interaction with other guests, which is very convenient. This type of hostel was pioneering in its design and typically featured simple curtain partitions to divide the rooms.
Despite its small size, this is a fully separate room where guests can stay comfortably.
The kitchen and several shower rooms are shared, and opening the door allows interaction with other guests, which is very convenient. This type of hostel was pioneering in its design and typically featured simple curtain partitions to divide the rooms.
Hotel Category: “City Hotel”
In hostels, despite the low room rates, multiple guests can share a single room. For example, if you can fit three bunk beds in a room, you could earn approximately 5,400 RUB per day (about 10,000 JPY) — calculated as 900 RUB × 6 guests.
Even a hard-to-rent 3LDK apartment converted into a hostel-style layout with three rooms can be potentially profitable. While full occupancy cannot always be guaranteed, hostels represent a reliable real estate business model, offering modest but stable returns — a better outcome than leaving rooms vacant for extended periods.
In hostels and aparthotels in Novosibirsk, Wi-Fi and kitchens are usually fully equipped, but many lack tables, and the needs of digital nomads are often overlooked. Particularly in lower-priced rooms, televisions are common, but desks are missing, which makes working difficult.
Even for non-nomadic travelers, an increasing number of people bring their own laptops, making investment in a dedicated workspace — such as a desk and chair — more valuable than a television. Many children are absorbed by smartphones and tablets, so even without a TV, the hotel can still be suitable for family
Blucher Street: Prices for 3–4 Room Apartments
3DK Apartment (No Interior or Exterior Renovation)
https://novosibirsk.cian.ru/sale/flat/309906889
This is a previously owned property located approximately three bus or train stops from Blucher Street. In the photos, the exterior walls appear somewhat questionable, but they may still be within acceptable limits. The property has a route to Novosibirsk Station, making its location relatively convenient.
- Year Built: 1968
- Architectural Style: Brick
- Exterior: Unrenovated
- Interior: Unrenovated
- Price: 4 million RUB (~$48,000)
This property has three small rooms and requires minor renovations. Its price is within the market range for a one-room apartment, so if interior renovation costs can be kept low, it can be considered a good deal.
https://novosibirsk.cian.ru/sale/flat/309906889
Inside, there are two rooms large enough to accommodate two bunk beds each, while the third room appears suitable for a single occupancy.
An interesting feature of this property is that it includes two small, closet-like rooms. These could be used as storage or as an office for a hostel operation.
3-Room Apartment (Unrenovated Exterior, Renovated Interior)
https://novosibirsk.cian.ru/sale/flat/312348595
This property is a 3-room apartment (with kitchen?) located near the previously mentioned hostel “Caps Lock”, priced at 5.1 million RUB (~$61,200 USD).
The exterior walls are in good condition, and the interior spaces are close to being fully renovated.
- Year Built: 1962
- Architectural Style: Brick
- Exterior: Unrenovated
- Interior: Renovated
- Price: 5.1 million RUB (~$85,500)
Since floor plans are not available, it is not entirely clear whether this is a 3-room apartment (with kitchen?). However, the largest room appears capable of accommodating approximately three bunk beds. The spaciousness and privacy of this area would be appealing to potential tenants or guests.
Images of Building Damage
Although there are few new buildings in the Blucher Street area, many previously owned properties can be found that differ from panel buildings. Apart from panel constructions, most buildings are older Soviet-era structures, three to five stories high, made of reinforced concrete, stone, brick, plaster, and concrete.
Unless the foundational structure has suffered serious damage, it is unlikely that the entire building would need to be demolished. In buildings over 100 years old, traces of multiple layers of reinforcing paint are visible on the exterior walls. Some buildings have undergone multiple renovations over time.
This sharply contrasts with the old exterior appearance. However, it is important to exercise caution, as in many buildings the exterior remains aged even though the interior has been renovated.
Old exterior and interior structures can be found for less than 3 million RUB each. Additionally, full building renovations are planned.
Price of a Old 2-Story Apartment
A few minutes’ walk from Blucher Street, you will find a small, old building. This type of property is currently uninhabitable in its present condition but can be renovated and put to use in the future.
In the case of the property mentioned above, the apartments are sold individually, and there is an opportunity to renovate the interiors. However, when the exterior is so old, updating only the interior will have limited effect. Each apartment has an area of 38㎡ and is priced at 2.7 million Rubles (approximately $15,000–$25,000).
If the exterior walls remain in their current condition, finding tenants may be difficult. Therefore, one option is to negotiate the sale with the condition that the exterior walls are repainted. Additionally, since the building contains only four apartments, it might be possible to purchase the entire building at roughly four times the individual price — about 10.8 million RUB.
Estimated Total Investment:
- Low estimate: $129,600 + $60,000= $189,600 USD
- High estimate: $129,600 + $100,000= $229,600 USD
The property requires a full renovation — exterior, interior, and all amenities — but the area has potential to convert it into a profitable hotel business or monthly rental units.
The building requires complete renovation, including exterior, interior, and amenities, but its location on Blucher Street offers strong potential for:
- A profitable hostel or hotel operation
- Long-term monthly rentals
With estimated total investment between $190,000 and $230,000 USD, this property could generate a stable income once renovations are completed.
It would be interesting to calculate the total cost, including renovation, to assess the investment potential.
Late Night on Blucher Street
In residential areas of Novosibirsk, people typically stay out on the streets until around 1:00 AM.
During the period of the midnight sun (from June to August), it remains light outside until approximately 10:00 PM, making the area safer for children to play outdoors.
By around 2:00 or 3:00 AM, the streets are nearly empty; however, women are generally able to walk alone on the main streets. Areas with numerous 24-hour shops and street lighting are considered safer.
Aside from the area around Novosibirsk Station, Blucher Street is arguably the most favorable zone for real estate use.
1–2 Hours by Car from Novosibirsk Station (Suburbs of Novosibirsk / Beach)
If you are looking for real estate in Novosibirsk, it is also worth considering the suburbs located roughly two hours away. A popular area is the beach zone in the south of Novosibirsk.
After driving a short distance, you enter a forested area where the number of high-rise buildings decreases. There is an increase in the construction of large individual houses and two- to three-story buildings in the style of Soviet-era mansions. A key feature of this area is its large plots, where vacant buildings and houses can be seen here and there.
As tourism in Novosibirsk develops in the future, there may be potential for projects and development near the beach zone.
Although demand for housing in this area is low, it is worth noting that nearby beaches become more popular in the summer. This is a favored spot for swimming and barbecues.
Although it is called a beach, this is a local beach that is still relatively unknown to tourists. It is an artificially created cove opening onto a small bay (lake). There are no dedicated facilities for visitors. Typically, you park on a nearby road and walk through the forest to reach the beach.
As tourism in Novosibirsk continues to develop, there is a likelihood that projects and new developments will take place near the beach.
Despite their limited number, there are a few standalone accommodations in the beach area that offer a more luxurious atmosphere.
Accommodation in a Private House with Pool, Sauna, and Jacuzzi
About a 10-minute drive from the beach is a quiet residential area offering standalone houses for overnight or weekly stays. Most apartments have an area of 3–4㎡, with weekly rates ranging from 6,500 to 12,000 RUB (approximately $78 to $144).
These properties are equipped with bedrooms, living rooms, spacious bathrooms, jacuzzis, and resort-style saunas.
During the summer, demand for short-term trips and hotel-style accommodations is likely to increase. Many visitors arrive by car from central Novosibirsk for half-day weekend trips. From June to November, short-term stays and hourly rentals are possible, which can generate a certain level of income.
However, in winter, the number of users drops sharply, making it difficult to operate the property solely for short-term rentals. The main challenge is finding ways to utilize it during the winter months.
Currently, unique accommodations in a cabin-style format are emerging, allowing visitors to enjoy the winter beach. A simple standalone house provides an opportunity to experience the unique Russian winter, especially for weekly travelers.
Winter Weekly Rental of a Beachside Cabin
For those who are not accustomed to cold climates, such as Russian winters, spending time alone on a snow-covered beach can be a fun experience. It is an ideal spot for families and couples seeking privacy during the Christmas holidays.
Additionally, rental prices in central Novosibirsk are high. Families with a car can easily commute to the city center, making it feasible to offer upscale homes for families seeking properties with three or more bedrooms. Rather than focusing on basic amenities, these homes create a sense of luxurious space.
Another option is to position the property as a second home.
If you visit the secluded beach, you will see ducks and wild birds resting by the water. Those are The area’s greatest advantage. It is srrounded by rich natural environment.
In the larger mansions, traditional Russian gates and decorated corridors have been preserved, and some Soviet-era buildings are not found in the centre of the city.
Near the beach, it is possible to purchase a magnificent mansion resembling a castle for 40–50 million RUB (approximately $480,000–$600,000).
Oсобняк за 40 миллионов рублей
https://realty.yandex.ru/offer/7564750907274504200
This is a restored old red-brick mansion, with great attention paid to both the exterior and interior. The mansion is situated so that the terrace on the second floor offers views of the beach.
At these prices, ownership may be difficult for individual buyers, but it could be interesting to explore a project for developing a luxury hotel or guesthouse through joint investment or crowdfunding.
Meanwhile, about a 15-minute drive from the beach, it is possible to purchase a small cozy cabin for only 1–1.3 million RUB (approximately $12,000–$16,000 USD). With a large garden, the property offers potential for expansion or redevelopment through renovation.
Small House with Garden – 1.3 Million RUB (~$16,000 USD)
https://realty.yandex.ru/offer/6932634220476488980
In the summer, it can be rented out as a vacation property, while in winter it can serve as a seasonal retreat. The large garden also features a vinyl greenhouse, making it ideal for home gardening.
It may also prove surprisingly popular as a long-term rental for retired couples or couples seeking a quiet, slow-paced lifestyle in a remote location.
About a 20-minute drive from the beach, new modern single-story houses begin to appear.
Modern Single-Story House – 3 Million RUB (~$36,000 USD)
It seems likely that additional modern residential developments will appear near the beach, appealing to people looking for a peaceful escape from city living.
https://realty.yandex.ru/offer/5247714679543785796
Additionally, although this study did not uncover any properties currently listed for sale, the area contains many old buildings resembling factories and warehouses. Therefore, with further research into the local real estate market, it is likely that suitable properties near the beach could be identified.
Novosibirsk Russia, is still less well-known than Moscow or Saint Petersburg.
However, due to the effects of economic sanctions in recent years, there has been a significant increase in the inflow of people from China, Kazakhstan, Uzbekistan, and Mongolia — countries with which Japan has developed stronger friendly relations.
There is a high likelihood that Novosibirsk will grow and develop as a global city, in a way that differs from its past connections with Europe and the United States.
As mentioned earlier, real estate prices in Novosibirsk have risen over the past year or two. Therefore, while opportunities exist, it may be a good idea to consider acquiring affordable properties.
※Although we are presenting hotel operations and management as potential ways to utilize real estate, we have not yet explored whether such operations are feasible in specific buildings. Please use this information only as an example of potential real estate usage and pricing.
