Apartment near Volgograd priced at two iPhones

In the Nariman settlement of the Svetloyarsky District, Volgograd Region, a three-room apartment is listed for sale for 350,000 rubles (approximately $3,500 at current rates). This amount is comparable to the cost of two latest iPhone models.

The total area of the housing is 57.7 square meters, of which 44 square meters are living space, and 5 square meters are for the kitchen. The rooms are separate, ceilings are 2.5 meters high, and the bathroom is divided. The apartment is on the first floor of a two-story brick building.

The advertisement states: «A three-room apartment with a good area is for sale in the Nariman settlement. The apartment needs renovation, offering the opportunity to immediately create your dream home. It»s a clean sale with one adult owner.«

The house, built in 1967, has 16 apartments and is in satisfactory condition. The main drawbacks of the property are the need for serious renovation and electric heating.

The realtor handling the deal confirmed the reality of the price in a phone conversation. «The price is completely real, and it even includes my services. The apartment is in the settlement. Without renovation, I have the keys, showing is available at any time. Yes, it»s not a joke — 350,000 rubles (approximately $3,500) — and the apartment is yours,« she stated. »The apartment has been owned since 2006, all documents are in order. The only downside is electric heating, but there«s an opportunity to do the renovation to your liking.»

According to the agent, the owners decided to sell the housing to buy a more modern car.

The drive from the Nariman settlement to the center of Volgograd takes about an hour and a half.