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Russia: House Prices, Rents, and Rental Yields

Last Updated: Jun 25, 2008

Moscow yields dropping further

Last Updated: Jun. 25, 2008
MOSCOW COST ($) YIELD (p.a.) PRICE/SQ.M. ($)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
60 sq. m. 821,940 3,884 5.67% 13,699 64.74
120 sq. m. 2,151,000 8,264 4.61% 17,925 68.87
180 sq. m. 3,725,100 15,421 4.97% 20,695 85.67
285 sq. m. 5,799,465 23,595 4.88% 20,349 82.79
ST. PETERSBURG
60 sq. m. 279,600 1,711 7.34% 4,660 28.51
120 sq. m. 570,240 3,871 8.15% 4,752 32.26
180 sq. m. 766,080 6,111 9.57% 4,256 33.95
Districts researched:
Moscow: Tverskaya Area , Patriarchy Ponds , Arbat Area, Frunzenskaya Embankment Area, Taganskaya Area, Chystye Prudy
St. Petersburg: Central'nyi, Vasileotrovskii, Petrogradskii
Source: Global Property Guide                    Definitions: Data FAQ                       See also: Update Schedule

Gross rental income on Moscow apartments are now at 5.03% on the average. Apartment prices, on the other hand, slightly increased to an average of US$18,167 per sq. m. A typical 120-sq. m apartment can generate a yield of around 4.61%, and sells for about US$17,925 per sq. m.

St. Petersburg apartments generate more yields at around 8.47% average. Compared to a 120-sq. m apartment in Moscow, a same-sized apartment in St. Petersburg can have a yield of around 8.15%, and can sell for US$4,556.

 

Your Comments

posted by George Dorgan | 2008-03-01

Banking, Switzerland

Unfortunately this data concerns only the very-central parts of Moscow and St.Petersburg. The data for other districts in Moscow and for other towns is missing. The data here fails to represent prices in Russia.

posted by our Editor: Matthew Pollock | 2008-03-01

That is true. We do what we can. What the data applies to is clearly explained in the Data FAQ.

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