Mongolia Properties

Where to Buy in Ulaanbaatar PDF Print E-mail
There are vaious places to buy in Ulaanbaatar like any other cities, the location where you can buy very much depends on the budget you have allocated and the surrounding area. If you buy for investment purposes it is also worthwhile to consider future plans and developments for the area as well as some of the dynamics at play in the city.
Ulaanbaatar is an evolving city with some areas better or more desirable than others. The city is generally divided into three areas.

Sukhbaatar Square

Sukhbaatar square and everything to the north of parliament house is the political and administrative centre of the city, there are a lot of ministries, official buildings, some embassies and so forth. While it is a relatively safe area to live in, it is far from the main restaurant and bar area and can be slightly dangerous during the winter months.

The Children’s Park

The Children’s Park is the most sought after location in the city, primarily along Olympic Avenue around the Star Apartments, the Continental hotel and the Regency Residence. The area is safe as a lot of embassies are located there. The star apartments are home to most of the ambassadors and high ranking expats in the city while the Park provides for a nice quiet and luxurious environment perfect for high end residential living away from the pollution and madness of the city but still close enough to walk into all the major locations. The Park View Residence, located next to the popular Choijin Lama museum is a popular building with the executives from the mining companies. The park is also filling up with Bars and Restaurant. To name but a few there is the Veranda Restaurant, the Silk Road, the extremely popular Millie’s, the Antique Pub, River Sounds, Khan Brau and much more.

Seoul Street and the Circus

This area has some luxury buildings but most are average price, this is the entertainment centre of the city, with a lot of cool Bars and Restaurant along it. Unless you are a high executive or a well earning expat this is the area for you, it is fun, safe and young. It is a great area for shopping as the State Department Store, the Mercury Market and all the little shops are in this area.
 

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