Belgorod entered the Top 100 cities in terms of return on investment in real estate

Over the past three years, Belgorod has not ranked among the top Russian cities in terms of return on investment in real estate, according to RIA Rating analytics. The administrative center of the region was located at 90th rating line.

The average annual return on investment in real estate in Belgorod for three years was 4.5%and without taking into account its rental amounted to 1.7%. In addition, Stary Oskol, which overtook Belgorod and is located on 82nd ranking place. The income from real estate investments for three years here amounted to 8%excluding rent – 5.2%.

Among the cities of the Black Earth Region, Lipetsk showed the best result, with 58th place in the ranking. The profitability from real estate for three years in the city was 11.2%excluding rent – 8.2%.

Tambov was in 61st place. The average annual return on investment was 10.7%excluding rent – 7.8%. Voronezh is located on 69th place with full indicators in 9.7%and without rent – 6.9%. Kursk closes the top among the capitals of the Black Earth Region, which took 95th place with an average annual return on investment in 3.6%excluding rent – 0.5%.