Property Prices in Novorossiysk, Russia

Index Info
Price to Income Ratio: 8.79
Mortgage as Percentage of Income: 109.90%
Loan Affordability Index: 0.91
Price to Rent Ratio - City Centre: 16.96
Price to Rent Ratio - Outside of Centre: 14.90
Gross Rental Yield (City Centre): 5.90%
Gross Rental Yield (Outside of Centre): 6.71%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 19,714.29 руб 17,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 15,714.29 руб 14,000.00-20,000.00
Apartment (3 bedrooms) in City Centre 27,750.00 руб 25,000.00-32,000.00
Apartment (3 bedrooms) Outside of Centre 22,375.00 руб 20,000.00-30,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 6,111.64 руб 4,645.11-6,967.67
Price per Square Feet to Buy Apartment Outside of Centre 4,300.05 руб 3,716.09-5,016.72
Salaries And Financing
Average Monthly Net Salary (After Tax) 31,875.00 руб
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.14 10.00-13.00

These data are based on 83 entries in the past 18 months from 11 different contributors.
Last update: April 2021

Sources and References
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