5000 apartments are available to buy in Minsk at the moment.
Do you want to check them? Contact us!
Since summer 2011 the real estate market in Belarus is under the financial crisis influence. The fall in demand and the price reduction in dollars for about 10% are nevertheless profitable for foreign investors. Today, foreigners can buy property in Belarus without any restrictions. To purchase a flat in Minsk you need only your passport and some minor documents. There is a wide range of apartments for sale in Minsk and Belarusian province – Vitebsk, Grodno, Gomel, Brest and Mogilev. Of course, the difference in price is evident. Now the average price of Minsk apartment is $1300 / sq.m, in other Belarusian cities it is $600-900 / sq.m.
The average price per square meter for an apartment in Minsk (2005-2012):
The most expensive apartments are in the Central ($1560 / sq. m), Soviet ($1460 / sq. m) and Pervomaysky ($1440 / sq. m) districts. The cheapest apartments for sale in Minsk are in the Zavodskoy ($1180 / sq.m) and in the Moscovsky district ($1300 / sq.m.). Buying apartments in the very center of Minsk is quite expensive. Obviously the key point of this is the location. The price of a flat on Nezavisimosti ave., Lenina str, Karla Marksa str, Kirova str or Nemiga starts from $1900 / sq.m.
Owning your Minsk apartment you have the most profitable thing – the real estate in the capital of Belarus. You can either live here or make stylish renovation and rent for a short or long term. In any case it is worth the cost. You could check the average short term rent prices for an apartment in Minsk on our web site.
The process of purchasing an apartment is rather complicated and sometimes long. It is better to find a reliable real estate agent who will save your time and money. Finding the right flat in Minsk is only the beginning. Negotiations with sellers who normally don’t speak English, development of a financial scheme, preparation of documents are the most important parts of the process.
Contact us to get more information about Minsk apartments to buy and get professional consulting!
Here you may find interesting information about buying a house in Minsk Belarus.