Last Updated: July 31, 2019
MOSCOW - Apartments ARBAT DISTRICT	COST (€)		YIELD (p.a.)	PRICE/SQ.M. (€)
	TO BUY	MONTHLY RENT		TO BUY	MONTHLY RENT
Aleksandrovsky Sad	1,017,206	3,527	4.05%	7,696	25.95
Arbatskaya	823,666	2,828	4.14%	6,805	23.47
Borovitzkaya	1,017,206	3,527	4.05%	7,696	25.95
Smolenskaya	823,666	2,828	4.14%	6,805	23.47
BASMANNY DISTRICT
Chistye Prudy	554,932	3,499	5.27%	5,386	23.66
Chkalovskaya	534,144	2,607	4.86%	5,034	20.40
KHAMOVNIKI DISTRICT
Frunzenskaya	648,065	2,416	4.54%	6,305	23.85
Kropotkinskaya	1,161,708	3,699	3.92%	8,278	27.06
Park Kultury	1,047,887	3,891	4.27%	7,644	27.22
Sportivnaya	658,209	2,280	4.60%	6,223	23.85
MESHCHANSKY DISTRICT
Dostoyevskaya	412,371	1,998	4.75%	4,678	18.52
Kuznetsky Most	699,476	3,160	5.02%	5,910	24.70
PRESNENSKY DISTRICT
Barrikadnaya	571,923	2,575	5.21%	5,413	23.49
Delovoy Tsentr	645,567	4,529	6.91%	5,298	30.51
Krasnopresnenskaya	571,923	2,575	5.21%	5,407	23.49
Mezhdunarodnaya	645,567	4,529	6.91%	5,298	30.51
TVERSKOY DISTRICT
Belorusskaya	277,826	1,709	5.82%	4,187	20.32
Biblioteka Imeni Lenina	1,017,206	3,527	4.05%	7,696	25.95
Chekhovskaya	706,935	2,847	4.57%	6,664	25.39
Kitay - Gorod	798,746	2,840	4.67%	6,188	24.11
Lubyanka	699,476	3,160	5.02%	5,910	24.70
Mayakovskaya	675,306	2,874	4.65%	6,591	25.54
Novoslobodskaya	412,371	1,998	4.75%	4,678	18.52
Okhotny Ryad	758,908	3,384	4.94%	6,244	25.71
Ploshchad Revolyutsii	758,908	3,384	4.94%	6,244	25.71
Pushkinskaya	706,935	2,847	4.57%	6,664	25.39
Teatralnaya	758,908	3,384	4.94%	6,244	25.71
Tverskaya	706,935	2,847	4.57%	6,664	25.39
YAKIMANKA DISTRICT
Polyanka	1,188,397	3,378	3.28%	9,144	25.00
ZAMOSKVORECHYE DISTRICT
Dobryninskaya	382,142	1,835	4.63%	5,486	21.15
Novokuznetskaya	713,696	2,494	4.19%	6,584	22.98
Tretyakovskaya	713,696	2,494	4.19%	6,584	22.98
SAINT PETERSBURG 3-BR apartments
Admiralteysky	157,601	762	5.80%	1,938	n.a.
Moskovsky	200,685	587	3.51%	2,022	n.a.
Vasileostrovsky	205,393	772	4.51%	2,055	n.a.
Tsentralny	213,170	761	4.28%	2,196	n.a.
Petrogradsky	273,858	756	3.31%	2,416	n.a.
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower. Source: Domofond and BN.ru Definitions: Data FAQ See also: Update Schedule

An apartment in an elite neighborhood in Moscow costs on average EUR 10,000 to EUR 14,500 per sq. m. If you have a million Euros, you can only buy a small apartment. A 75 sq.m. apartment costs on average EUR 750,000 or EUR 10,000 per sq.m.

Monthly rents per sq.m. in Moscow range from EUR 32 to EUR 41. This means that a 120 sq.m. apartment can be rented out for around EUR 3,800 per month.

In St. Petersburg, prices per sq.m. of apartments range from EUR 3,860 to EUR 6,600. This means that a 120 sq. m. apartment costs on average EUR 590,000 or EUR 4,900 per sq. m.

Monthly rents per sq. m. in St. Petersburg range from EUR 18 to EUR 20. This means that a 120 sq.m. apartment can be rented out for around EUR 2,100 per month.

Gross rental yields from apartments if fully rented range from 3.07% to 3.82% in Moscow, while in St. Petersburg, rental yields range from 3.46% to 6.20%.

Round trip transaction costs can be very high for foreigners buying residential property in Russia. See our Russia residential property transaction costs analysis Italy residential property transaction costs analysis and our Residential property transaction costs in Russia compared to other countries.