Kazakhstan has moved to a more open economic model and directed foreign investment into the development of Almaty, Astana and Shymkent. Thanks to this, the primary real estate market in the country demonstrates confident growth dynamics of residential complex (RC) projects in Kazakhstan. State support for the construction sector allows you to purchase properties for rent or permanent residence on a mortgage or in installments.
Advantages of buying real estate from a developer in Kazakhstan
Real estate under construction in Kazakhstan are in demand due to the extensive land fund in the country, but construction is mainly concentrated in large cities like the capital. Buying housing on the primary market has its advantages:
- Modern construction technologies. Real estate from a developer in Kazakhstan is built according to modern construction standards that are not inferior to American or European ones.
- Flexible purchase terms. Developers in Kazakhstan often offer installments, mortgages or discounts for full payment.
- Developed infrastructure. New residential complexes are built in areas with good transport accessibility, near schools, kindergartens and shopping centers.
- Investment attractiveness. Real estate under construction in Kazakhstan costs 15-30% less at the excavation stage, which makes it a good investment asset.
How to choose a new building in Kazakhstan
First of all, you need to choose an object, but before buying housing from a developer in Kazakhstan, you need to check its reputation. Find out how many years the company has been operating on the market, what projects have already been completed, and whether it has all the necessary construction permits.
Study the general plan of the residential complex to understand what infrastructure facilities will be available to you as a resident. If you are not sure about your choice, contact professional realtors who will help you assess the risks.
Prices for real estate in Kazakhstan in a new building
The primary market of Kazakhstan offers a wide range of properties: studios, economy, comfort and premium class apartments, apartments, townhouses and houses.
Average cost of new housing in Kazakhstan:
| City | Economy class (USD/sq.m) | Comfort class (USD/sq.m) |
| Almaty | 950–1300 |
1300–1900 |
| Astana | 850–1200 | 1200–1800 |
| Shymkent | 750–1100 | 1100–1500 |
Where to buy housing in a new building in Kazakhstan
New buildings in Kazakhstan are presented in different regions, but the most popular are large cities with developed infrastructure and a high standard of living. Let's consider several key locations where it is worth considering buying housing.
Almaty is the financial and cultural center of Kazakhstan, where many housing complexes are concentrated. The city attracts with its nature, developed infrastructure and a large selection of new buildings. Here you can find both elite housing in the center and more affordable options in residential areas.
The country's capital, Astana, is being actively built up, offering modern residential complexes with unique architecture. Real estate from the developer in Astana is especially popular among those looking for housing near business centers and government agencies.
Shymkent has a mild climate and affordable housing prices. Buying housing from the developer here means entering a promising local market.
Aktobe is interesting because it offers housing at lower prices than in Almaty or Astana, while the infrastructure continues to develop.
