In the Crimea and Sevastopol launched a preferential mortgage at 8% for new buildings

In the Crimea and Sevastopol began to operate preferential mortgage at a rate of 8% for the purchase of apartments or apartments in completed houses. This was reported in his Telegram channel Deputy Prime Minister of Russia Marat Khusnullin.

The program was launched to support both people and the construction market. During the implementation of the state program for the development of Crimea and Sevastopol, construction has become one of the main drivers, but now due to the operational situation, there are economic, energy and logistical constraints.

Mortgage remains the main tool for improving housing conditions and a direct component of housing construction. The new measure should stimulate demand and help implement projects under construction.

The loan amount is up to 8 million rubles. Affordability of housing remains an important benchmark, and the main task is to make every effort to complete the houses.

Preferential mortgages for Crimea and Sevastopol were discussed for several months. In September 2026, the Chairman of the State Council of Crimea Vladimir Konstantinov reported that the authorities are developing a mechanism of preferential mortgages, which should give impetus to the construction industry.

In early October, the governor of Sevastopol Mikhail Razvozhaev proposed to launch a “Crimean mortgage” at 6% from November 1, noting that this will allow people to buy housing, and construction companies to keep their jobs and prevent the industry from stopping.

Experts warned of possible risks: a preferential rate can support demand, but can provoke an increase in prices for new buildings.