Novosibirsk developer sells 102 apartments for 700 million rubles in bulk deal
This shows one of the residential complex buildings as it looked in January 2024.
A Novosibirsk developer has put up for sale in bulk 102 apartments in the completed residential complex «Ecopolis» in the village of Verkh-Tula (Novosibirsk Oblast, Russia). The housing is offered for 700 million rubles (approximately $7 million at current rates). According to a representative of the developer, sales in 2025 were low, and the bank tightened loan terms, so holding onto the built housing that couldn«t be sold on the market became unprofitable. In addition, the developer is looking for an investor for the second phase of the complex.
The advertisement for the sale of the residential complex on the Portal DA website states that nine-story comfort-class buildings from the developer «Barcelona» are offered for purchase. The lot includes two residential buildings with ground parking and their own boiler room. Each building has 144 apartments with areas from 35 to 84 square meters, as well as storage rooms and office spaces. Altogether, they plan to sell for 700 million rubles (averaging 4.8 million rubles per apartment, about $48,000).
Olga, a representative of the company «Barcelona», explained to NGS that due to low sales pace, the company agreed with the trading platform to sell 102 apartments at once in one lot.
Essentially, «Barcelona» plans to sell the housing that couldn«t be sold on the market. An investor who buys the real estate in bulk will be able to dispose of it at their discretion. The developer»s representative added that the buildings were commissioned in 2024, out of 288 apartments, 102 remained unsold: 50 apartments in one building and 52 in the second. The bulk sale of apartments will not affect those already living in the complex.
For more details on the bulk sale of apartments and what it means for the Novosibirsk real estate market — read in the NGS material.
