Putin, whose second term expires in spring 2008, enjoys an impressive popularity rating but has ruled out plans to run for a third term, saying it would violate the Constitution, which does not provide for more than two successive presidential terms.
"We have somewhere to accommodate a new head of state," Vladimir Kozhin told the Itogi weekly magazine.
There has been broad speculation about his "successor," with First Deputy Prime Ministers Sergei Ivanov and Dmitry Medvedev seen as the most likely candidates. The pro-Kremlin United Russia party has promised to announce their candidate for the presidential race in mid-December.
Kozhin declined to say who could become president but said it would be a new leader. "I confirm: there will be a new president," he said.
Putin's late predecessor, late Boris Yeltsin, and his family also retained their luxurious Barvikha residence outside Moscow.
Add to blog
You may place this material on your blog by copying the link.
Image Galleries: Yury Gagarin: A down-to-earth person
Infographics: The Linguistic Diversity of the Planet
During Vladimir Putin’s annual Q&A session some members of the Valdai International Discussion Club asked him several questions. How united is the West in its desire to punish Russia? Which EU countries are in favour of isolating Russia? Is this even possible? And what is going on in Ukraine?