The authorities of St Petersburg have just published the List of properties on which property tax for 2025 will be calculated by reference to cadastral value.
We have analysed the new list and set out the key figures:
• The list includes 9,140 properties.
• Among them are 131 properties that have been removed from the cadastral register.
• The total area of the properties is 34.9 million sq m.
• The aggregate cadastral value of all the properties is RUB 2.2 trillion.
The three largest properties on the List:
• Lakhta Center
• Galereya shopping and entertainment centre
• Piterland shopping and entertainment centre
The new list becomes the basis for taxation in the following year.
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