Two cities have been named where it is most profitable to rent out housing

You can return the money for a purchased apartment in 11-13 years

The most profitable new buildings are located in Magnitogorsk. For a year of renting out housing, the owner of the apartment will receive 7.5% of its value and will return the money invested in the purchase in 13.4 years. On the secondary market, real estate will pay for itself even faster, but not in Magnitogorsk, but in Astrakhan.

Analysts of the World of Apartments portal carried out calculations for apartments in Russian cities with a population of over three hundred thousand people. The elite segment, mortgage and renovation costs were excluded.

In Magnitogorsk, the average cost of housing in a new building is 3.5 million rubles, and an apartment can be rented out for 22 thousand. In second place in terms of profitability is the diamond capital of Russia – the city of Yakutsk: the price of housing is 8.4 million, rent is 51 thousand rubles per month. Payback – 13.8 years. Grozny took third place. Having bought an apartment for 5.3 million rubles, it can be rented out for 31 thousand, recouping the investment in 14.2 years.

Investing in a Moscow apartment for subsequent renting out is not profitable (the capital ranks third from the bottom out of seventy). Having invested 19 million rubles – this is the cost of the average housing in the capital – you can get 58 thousand rubles a month for renting it out. The payback period will be 27.8 years.

St. Petersburg is also not very profitable for rent (59th place). Having bought an apartment for 12.4 million, it can be rented out for 42 thousand rubles per month. The money will be returned in 24.5 years.

On the secondary market, the most profitable purchase for rent will be an apartment in Astrakhan. Housing worth 4.4 million rubles with a rental price of 32 thousand per month will pay off in eleven and a half years.

The owner of housing in the old building of the Russian capital will receive the least profitability (3.8%). This is an anti-record for the country. With the average cost of a Moscow secondary apartment being 18.3 million rubles, its rental will pay off only after 26.2 years.

The situation is a little better with the rental of housing in border cities: Belgorod (with an average price of “resale” of 5.7 million rubles and a rental cost of 20.4 thousand, the payback period is 23.3 years), Bryansk (4.4 million rubles; 16 thousand rubles ; 22.9 years) and Kursk (4.6 million rubles; 16.8 thousand; 22.6 years).