St Petersburg only ranks 72nd in real estate returns

St. Petersburg ranks really low for real estate investments. The city sits at number 72 with just 0.3% return when you rent out property. Without rental income, property owners lose money at -3.2%. Other cities with poor results include Vladivostok at 0.2%, Belgorod at -1.7%, Maykop at -3.1%, and Moscow at -3.7%. Experts say these places offer returns below regular inflation rates.

The best cities for property investment look very different. Ivanovo tops the list with 22% returns when you count rental income. Gorno-Altaisk comes second at 20.9%, and Chelyabinsk takes third place with 19.4%. The national average for yearly returns stands at 8% across major cities during recent years. These numbers show huge differences between regions.

Research covered the years 2022 through 2024. Calculations included income taxes, utility bills, repair funds, and property taxes. Researchers based their math on small apartments measuring 35 square meters. This standard size helped make fair comparisons between different cities.
 

Attachments

  • St Petersburg only ranks 72nd in real estate returns.webp
    St Petersburg only ranks 72nd in real estate returns.webp
    84.1 KB · Views: 20

Trending content

Latest posts

Top