Property Prices in Minsk, Belarus

Index Info
Price to Income Ratio: 17.81
Mortgage as Percentage of Income: 264.91%
Loan Affordability Index: 0.38
Price to Rent Ratio - City Centre: 23.08
Price to Rent Ratio - Outside of Centre: 22.26
Gross Rental Yield (City Centre): 4.33%
Gross Rental Yield (Outside of Centre): 4.49%
Rent Per Month
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Apartment (1 bedroom) in City Centre 974.28 BYN 700.00-1,275.22
Apartment (1 bedroom) Outside of Centre 631.66 BYN 400.00-800.00
Apartment (3 bedrooms) in City Centre 1,720.68 BYN 1,200.00-2,550.45
Apartment (3 bedrooms) Outside of Centre 1,114.18 BYN 892.66-1,530.27
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 451.98 BYN 331.72-696.77
Price per Square Feet to Buy Apartment Outside of Centre 282.45 BYN 232.26-355.41
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,109.63 BYN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.94 11.00-20.00

These data are based on 457 entries in the past 18 months from 72 different contributors.
Last update: January 2021

Sources and References
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1 Comments so far
Theophanis Christakos on Apr 03, 2020:
Any by the Beach? It doesn't have to be Minsk.