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INTECO has closed a landmark deal in Balchug Residence

24 August
In the elite apartment complex Balchug Residence on Sadovnicheskaya street, 29, a penthouse with an area of more than 2,000 square meters was sold. According to the real estate developer of the project, INTECO, the deal was being prepared for more than half a year and closed the offer having a great significance for the whole market of elite commercial real estate. Building "A" (with a total area of about 4,200 square meters) of the Balchug Residence project has been fully sold.

The crown jewel of the exclusive project is a penthouse with a view of the Kremlin and with a separate entrance lobby and its own elevator, as well as a parking area meant for 9 parking units. The apartment complex has unique characteristics: there is a private swimming pool, for winter gardens there are skylights in the roof and preparation for soil, access to a 400-meter terrace on the accessible roof area opens views of Zamoskvorechie, the Moskva River embankment and a skyscraper on Kotelnicheskaya embankment. The height of the ceilings in the penthouse reaches 4.25 m, a special semicircular shape of the living room with panoramic windows makes it possible to materialize the most exquisite design solution.

“Balchug is a hotspot in the center of the capital, opposite the Kremlin. This is one of the most respectable locations for living and doing business in the city. The Balchug Residence project is an example of style, planning and technological solutions, therefore apartments are in such demand here, - commented Pavel Lepish, Sales Director, INTECO. - We have completed the sale of Building A, which covered a quite significant part of the supply in this location”.

"Golden Island" is the heart of the old preserved Moscow. The Balchug Residence complex is located at the intersection of Sadovnicheskaya Street and Bolshoy Ustyinsky Bridge. It is easy to get to Yauzsky and Pokrovsky boulevards, as well as to Kitay-gorod from here. The author of the project is the world-renowned architect Hadi Tehrani, who proposed a modern solution and made it authentic and recognizable, while emphasizing the continuity of the styles.

Balchug Residence, which was constructed by INTECO 800 meters from the Kremlin, is a complex of five private club mansions with a closed landscaped courtyard and an underground parking area. The total area of residencies is about 31 thousand square meters. The residents are provided support by their own concierge service. There are several public art objects created by contemporary Russian artists Dmitry Aske and Andrey Bartenev which are placed within the complex.