In the summer, thousands of people are searching for comfortable spots for retreat in the suburban and adjacent areas of Saint-Petersburg. Experts believe that the infrastructure for hosting holidaymakers is still underdeveloped, despite the existence of several hundreds of hotels and resorts in the region.

Evgeny Druzhinin, the Head of "Real Estate and Construction" practice at Maxima Legal, outlined the specifics of the regulations of the Russian Maritime code and their impact on the profitability of investments into the development of beach territories and their impact on subsequent public usage of those.

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Builders from Saint-Petersburg are slowly but steadily relocating to the neighbouring areas surrounding the city. Experts state that there is more dwelling being built in region 47 than that inside the city boundaries already. Meanwhile, analysts point out the need for construcrion of satellite cities instead of small-scale micro-districts. That would mean erecting new centres of development, which will possess workplaces and points of attraction for the population inhabiting them. 

Evgeny Druzhinin, the Head of "Real Estate and Construction" practice at Maxima Legal, expressed his point of view towards the discussion around Saint-Petersburg's satellite cities. He has stressed that the outcome of it will largely be determined by the new General plan of the City's development, which currently under development. 

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There is almost no available land for construction in the centre of Saint-Petersburg. For supply enlargement in historical construction areas restoration is the only option available for investors. Restaurers' role ought to rise in the coming years as the majority of property is protected against removal.

Evgeny Druzhinin, the Head of "Real Estate and Construction" practice at Maxima Legal, clarified the legal difference between a cultural heritage object (historic and cultural monument) and a historic building in the context of the City of Saint-Petersburg. Another matter brought to light by Evgeny was the substantial difference in the amount of paperwork and permits needed and qualifications demanded from the restaurer depending on either property type. 

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