APARTMENTS TO LET IN MOSCOW

We specialise in providing apartments to let according to clients requirements. Rents range from $500 per month for a one or two room flat in the suburbs to $10000 or more for luxury apartments in the centre or in prestigious areas. An average rent for a two roomed apartment near the centre would be $1500.

Flats are usually let furnished and the rent depends on size, location, proximity to a Metro station, floor level and of course condition, renovated to Euro style or not, classic or modern, quality of furniture and fittings.

Renovated flats will usually offer, washing machine, dishwasher, microwave, television and video recorder, video domophone and all other necessary equipment.

Standard Rent Terms in Moscow

Rental agreements in Moscow are usually prepared by your real estate agent and are rarely notarized. Standard lease is written in two languages - Russian and English. Contracts are relatively short, but the terms may vary, so please read carefully before you sign.

Moscow rental terms are usually from one to three years. An early termination is easy requiring only a one to three-month notice to the landlord. Early termination by landlords is not customary and is against the Russian legislation, unless a tenant is in breach of an agreement. Most landlords are individuals, and standard rental terms are favorable for a tenant. Landlords usually insist on a right to inspect the property on a regular basis.

Rent is always denominated in dollars and is usually paid monthly or quarterly. Longer prepayments are made to reduce the rent. Rental payment in cash is still common, however, many landlords accept wire transfers in rubles or dollars. One-month rent security deposit is required by most of the landlords in Moscow. However, we recommend ensuring that the rental contract allows you to apply it toward the last month rent as there is no procedure to assess damages and guarantee fair deposit return.

Landlord’s Paperwork:

The peculiarity of the Russian real estate legislation is such that the ownership right and the right of use are separate. People, who do not own the property, have the right to use it, if they are permanently registered (propisany) in the property. The permanent registration is indicated in the passport and should be checked. The list of persons registered in the apartment can be obtained in the local building administration (ZhEK).

Standard ownership documents may include a variety of documents depending on the time and the way, when the property was acquired.

Certificate of the State Registration of Ownership Rights states the address of the apartment and the name of the owner. If there is more than one owner of the property, it indicates the share owned in the property, but does not list other owners of the property.

Privatization documents list all owners and their shares. It comes in two parts: the Agreement of Transfer and the Certificate of Ownership.

Sale-Purchase Agreement lists all the current owners and the date of purchase.

Other forms of conditional agreements, that result in transfer of ownership and involve regular payments to the original owners.


Tenant’s Paperwork

There is no elaborate credit check for tenants in Moscow. Landlords usually ask for a copy of a passport and visa, and in some cases for a proof of employment. It is also customary to leave a contact person and a phone number of your office.

In Moscow, tenants are required to be temporary registered in their residence. One can get registered in the local police station, using Landlords notarized consent or your rental contract.

Rental contracts of one year and longer need to go through the state registration in the State Registration office (Moszhilservis). It is a bothersome procedure that requires personal presence of both the landlord and the tenant. To avoid this, the length of the rent is often kept at 364 days.

It is also beneficial to be an employee of an accredited entity – it allows you and your landlord to save 20% VAT, if your landlord is incorporated.

We have many flats on our books to suit all pockets so contact us and we will find the ideal apartment for you.

FLATS TO LET IN MOSCOW

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