Russian firms erect high-rise apartments on Mariupol sites destroyed in 2022 siege

After missile attacks in March 2022 destroyed apartments on Metallurgy Avenue in Mariupol, the Russian-controlled contractor Su-2007 cleared the rubble and constructed a new residential complex called Leningradsky Kvartal. The development comprises fifteen 12- to 15-storey towers near the city centre and the sea, offering one- to three-room units priced between 7.5 million and nearly 10 million rubles, with up to a 12 percent discount for recent buyers.

Russian security personnel, officials and military-logistics staff are the primary purchasers, taking advantage of 2 percent annual mortgages limited to Russian citizens, with a maximum loan of 6 million rubles and a 2 percent down-payment requirement. Forum discussions reveal buyers arranging furniture deliveries from Russia, selecting schools for children, and insuring mortgages against war-damage, though they acknowledge the construction quality is poor. Property values have risen by about a third in a year, driven by the coastal location, while former residents who were displaced during the siege have not been allocated apartments in the new complex.