Property Prices in Sochi, Russia

Index Info
Price to Income Ratio: 30.22
Mortgage as Percentage of Income: 431.33%
Loan Affordability Index: 0.23
Price to Rent Ratio - City Centre: 32.31
Price to Rent Ratio - Outside of Centre: 41.22
Gross Rental Yield (City Centre): 3.09%
Gross Rental Yield (Outside of Centre): 2.43%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 45,000.00 руб 35,000.00-75,000.00
Apartment (1 bedroom) Outside of Centre 33,750.00 руб 30,000.00-40,000.00
Apartment (3 bedrooms) in City Centre 75,000.00 руб 50,000.00-100,000.00
Apartment (3 bedrooms) Outside of Centre 52,500.00 руб 45,000.00-60,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 28,490.03 руб 23,225.57-37,160.91
Price per Square Feet to Buy Apartment Outside of Centre 26,477.15 руб 20,438.50-32,515.79
Salaries And Financing
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Average Monthly Net Salary (After Tax) 48,946.89 руб
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.25 10.00-17.00

These data are based on 32 entries in the past 18 months from 6 different contributors.
Last update: January 2024

Sources and References
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