Moscow super-rich pour millions into luxury homes

By Anton Doroshev

MOSCOW (Reuters) - The world outside may be in the thralls of crisis, with house prices plunging, markets slumping and banks collapsing; but Russia's cocooned super-rich can still spare 2.5 billion roubles ($99 million) for a Moscow townhouse apartment within strolling distance of the Kremlin.

Spurred by petrodollars and booming consumer confidence, Moscow's real estate - where sky high prices can outpace Manhattan and London - has so far avoided following the local stockmarket's downward spiral, which continued on Tuesday.

Property agency Agent 002 said last Friday an unnamed buyer had splashed out on the seven-storey 1,300 square metre apartment near the Kursk railway station.

"For Moscow, it's an absolute record," said Agent 002's spokesman Ruslan Barabash.

Barabash declined to identify the purchaser, but said he was an "active businessman" aged around 40 and not one of Russia's most well-known tycoons.

"It's a completely beautiful home. The design is in the 'high-tech' style," said Barabash.

The townhouse apartment, close to the Kremlin in the centre of a sprawling city of 12 million people, has its own swimming pool, a children's floor and a winter garden on the roof.