Property Prices in Novorossiysk, Russia

Index Info
Price to Income Ratio: 18.75
Mortgage as Percentage of Income: 247.74%
Loan Affordability Index: 0.4
Price to Rent Ratio - City Centre: 37.61
Price to Rent Ratio - Outside of Centre: 35.73
Gross Rental Yield (City Centre): 2.66%
Gross Rental Yield (Outside of Centre): 2.8%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 31,066.67 руб 25,000.0-43,200.0
Apartment (1 bedroom) Outside of Centre 21,000.0 руб 18,000.0-27,000.0
Apartment (3 bedrooms) in City Centre 45,000.0 руб 35,000.0-55,000.0
Apartment (3 bedrooms) Outside of Centre 33,333.33 руб 30,000.0-35,000.0
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 21,599.78 руб 16,722.41-26,477.15
Price per Square Feet to Buy Apartment Outside of Centre 14,399.85 руб 7,432.18-21,367.52
Salaries And Financing
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Average Monthly Net Salary (After Tax) 51,666.67 руб
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.0 10.0-16.0

These data are based on 30 entries in the past 18 months from 8 different contributors.
Last update: July 2024

Sources and References
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