Property Prices in Minsk, Belarus

Index Info
Price to Income Ratio: 17.52
Mortgage as Percentage of Income: 286.28%
Loan Affordability Index: 0.35
Price to Rent Ratio - City Centre: 23.24
Price to Rent Ratio - Outside of Centre: 22.22
Gross Rental Yield (City Centre): 4.30%
Gross Rental Yield (Outside of Centre): 4.50%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,038.63 BYN 800.00-1,500.00
Apartment (1 bedroom) Outside of Centre 654.62 BYN 505.98-885.47
Apartment (3 bedrooms) in City Centre 1,878.85 BYN 1,500.00-2,800.00
Apartment (3 bedrooms) Outside of Centre 1,156.69 BYN 900.00-1,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 490.41 BYN 353.03-705.10
Price per Square Feet to Buy Apartment Outside of Centre 292.38 BYN 258.54-352.55
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,202.30 BYN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.60 12.00-21.00

These data are based on 382 entries in the past 18 months from 60 different contributors.
Last update: June 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.