Minsk Housing Market

Posted in the Belarus Forum

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Bill Tomlinson

Dubai, UAE

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#1
May 31, 2009
 
How is the housing market in Minsk, i.e. 1 to 2 room apartments for sale, where is the best information for this
bartman

Show Low, AZ

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#2
Jun 11, 2009
 
Find the local Belarus newspapers online, and read them. You're looking at better than 100,000 for a flat in minsk. Good luck
bil

Minsk, Belarus

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#3
Jun 12, 2009
 
Im married to a local girl, we bought an a partment 5 years ago in her name, since then i have received a full time residents permit, means i have almost the same rights as locals, i voted in the last local elections for example.
I know 100% if i want to buy a property in my name i must be paying tax in Belarus, that means i must be working here, or register as a teacher of english for example, i would have to pay about 40euro a mount tax but could then buy a property in my name, also there is a possibility i would have to prove where the money to buy the property came from e.g personal savings, a loan from bank etc
bil

Minsk, Belarus

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#4
Jun 12, 2009
 
In short Bill... I dont think it would be easy for you.
Property prices went up by maybe 300% in the 5 years since i have been here, im serious, but now down maybe 25% from this time last year.
we bought an apartment for 17,500usa 5 years ago thats worth about 90,000 today, but it continues to loose value and like everywhere else its now very much a buyer's market here

Since: Mar 12

Belarus

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#6
Jul 5, 2013
 
You can find more infor about real estate market here:
http://beltoprent.com/news/

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