Increase in the average price of comfortable apartments in Anapa by 8%
In the sun-kissed city of Anapa, Russia, the housing market is experiencing a downturn, while its neighbouring regional centre, Krasnodar, is showing signs of growth.
Environmental concerns have taken a toll on Anapa's tourist industry, with several beaches declared unfit for swimming in the summer of 2025. This led to historically low tourist numbers and mostly empty hotels, despite some discounted prices to attract guests[4]. The result is a depressed demand in the local housing and rental market, particularly in the short-term vacation segment.
In contrast, Krasnodar Krai, the region where Anapa is located, is witnessing an increase in housing offers for short-term rentals such as traditional "izbas," with a 4% share of such listings in Russia[1]. This suggests a growing interest in rural accommodations in the broader region, but not necessarily in Anapa itself.
Although specific data comparing Anapa and Krasnodar in terms of housing volume or construction per capita is not readily available, Krasnodar's status as a major regional centre with a more diversified economic base and larger population likely results in a higher housing input per person[3].
Arshak Pogosyan, founder of the developer "Bravo," reported that the average cost of a comfort-class apartment in Anapa is currently 237,000 rubles, an 8% increase since the beginning of the year[2]. He anticipates further growth in housing prices in Anapa by the end of the year. In May, the cost of a comfort-class apartment in Anapa was 237,000 rubles, compared to 220,000 rubles in January[2].
Meanwhile, Krasnodar topped the ranking of cities in terms of housing input in 2024, with an indicator of 2.34 sq. m per person[3]. However, the city is currently experiencing a decrease in activity due to market saturation.
In May, Anapa issued more construction permits for residential buildings and hotels than Krasnodar, a stark contrast to the latter's reduced activity[5]. Arshak Pogosyan stated that Anapa is transforming into a multifunctional tourist centre, which could potentially revitalise its housing market in the future.
In summary, the housing market in Anapa is showing signs of growth, while Krasnodar's is showing signs of decline in 2025. The contrasting trends are largely due to environmental issues affecting Anapa's attractiveness as a resort destination and market saturation in Krasnodar.
Finance-wise, the average cost of a comfort-class apartment in Anapa has seen an 8% increase since the beginning of the year, suggesting potential future growth in housing prices, contrary to the declining trend in Krasnodar. In terms of investing in the real-estate sector, the growth in short-term rental listings in Krasnodar Krai, especially for traditional "izbas," indicates a burgeoning interest in rural accommodations in the broader region, possibly signaling a different investment focus compared to Anapa.
