12/12/2023 0 Comments Parallels transporter agent mac![]() Stetsenko’s experience mirrors that of many Russians, not only in the property market but in the broader economy after the start of Moscow’s offensive in Ukraine, and reflects turmoil in a country hit by multiple rounds of sanctions. “Selling the apartment was a bit nerve-wracking,” he conceded. Stetsenko, who has no plans to live in Russia anytime soon, had to knock off about 20% from the asking price, and then three people came to view it.īy December, he had offloaded the flat for an equivalent of about 200,000 euros, the same amount he paid for it around a decade ago. To make matters worse, the apartment hit the market right after Putin mobilised hundreds of thousands of reservists for the fight, adding to an exodus of Russians already selling their homes, moving abroad and creating a huge real estate surplus. ![]() That could be because Stetsenko listed the property not long after President Vladimir Putin deployed troops to Ukraine, sparking an unprecedented wave of Western penalties against Moscow and economic uncertainty. “There was not a single phone call for two or three weeks,” the 61-year-old, who has lived in the Czech Republic for the past two years, told AFP. When Vladimir Stetsenko put his apartment on the market in October, he thought the ad for the newly renovated property in southern Moscow would generate some interest.
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