Property Prices in Minsk, Belarus

Index Info
Price to Income Ratio: 14.58
Mortgage as Percentage of Income: 290.80%
Loan Affordability Index: 0.34
Price to Rent Ratio - City Centre: 21.21
Price to Rent Ratio - Outside of Centre: 19.85
Gross Rental Yield (City Centre): 4.71%
Gross Rental Yield (Outside of Centre): 5.04%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,027.03 BYN 756.94-1,500.00
Apartment (1 bedroom) Outside of Centre 713.38 BYN 504.63-1,000.00
Apartment (3 bedrooms) in City Centre 1,988.68 BYN 1,513.89-3,027.78
Apartment (3 bedrooms) Outside of Centre 1,270.87 BYN 900.00-1,766.20
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 456.63 BYN 343.74-703.22
Price per Square Feet to Buy Apartment Outside of Centre 285.69 BYN 255.50-343.74
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,369.71 BYN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 19.53 15.00-24.00

These data are based on 418 entries in the past 18 months from 68 different contributors.
Last update: August 2022

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.