Moscow's Most Expensive Resale Apartment Sells for Over $12 Million

Moscow's Most Expensive Resale Apartment Sells for Over $12 MillionA luxury apartment in central Moscow has become the most expensive resale residential property sold during the first half of the year, changing hands for 1.049 billion rubles (over $12 million), according to data cited by RIA Novosti. Other High-End SalesThe second most expensive resale transaction involved a 238-square-meter apartment on Bolshoy Savvinsky Lane, also in Khamovniki. The property sold for more than 480 million rubles ($6 million). Third place went to a 226-square-meter apartment on Bolshaya Polyanka Street in Moscow's Yakimanka district, which sold for 422 million rubles. Affordability Remains a Challenge for Average BuyersThe figures underscore the sharp contrast between Moscow's elite property market and the broader housing sector.