According to recent findings, people in St. Petersburg can save enough for an apartment in about five years. This option appeals more to residents than taking out loans with high mortgage rates today.
The math works if someone puts aside their entire earnings each month. They would need another income source, like a partner's salary, to cover living expenses during this time. The average worker in St. Petersburg earns about 106,100 rubles monthly, according to Petrostat, though most job offers advertise around 80,000 rubles.
Saving 82,000 rubles every month adds up to 4.9 million rubles after five years. This amount buys roughly 700 existing homes or 2,200 new properties across the city. Cian. Analytics report that buyers find many options at this price point in the Krasnogvardeisky, Pushkinsky, and Kolpinsky districts.
Plans exist for a new satellite community in the Pushkinsky District of the Leningrad Region. The development will create additional housing choices for those saving up to become homeowners in the area.
The math works if someone puts aside their entire earnings each month. They would need another income source, like a partner's salary, to cover living expenses during this time. The average worker in St. Petersburg earns about 106,100 rubles monthly, according to Petrostat, though most job offers advertise around 80,000 rubles.
Saving 82,000 rubles every month adds up to 4.9 million rubles after five years. This amount buys roughly 700 existing homes or 2,200 new properties across the city. Cian. Analytics report that buyers find many options at this price point in the Krasnogvardeisky, Pushkinsky, and Kolpinsky districts.
Plans exist for a new satellite community in the Pushkinsky District of the Leningrad Region. The development will create additional housing choices for those saving up to become homeowners in the area.
