Investment property in Belarus: what to buy and what it costs
A one-room apartment in the Bilevo residential district
$34,000
A 36 m² apartment with a room, a kitchen and a balcony in Bilevo, a large residential district of Vitebsk with new buildings, schools, a clinic and shops. Vitebsk is a regional centre in the north-east of the country with universities and a medical university, so one-room apartments here are rented by students and young couples. Among the regional centres, Vitebsk has the most affordable price per square metre.
A one-room apartment in the new Volotova residential district
$37,000
A 38 m² apartment with a room, a kitchen and a balcony in Volotova, a new residential district of Gomel with schools, kindergartens and shopping centres. Gomel is the country's second-largest city, an industrial and university centre in the south-east, and one-room apartments here are rented all year round by factory workers and students.
A two-room apartment in the Kazimirovka residential district
$51,000
A 50 m² apartment with two rooms, a kitchen and a balcony in Kazimirovka, a residential district of Mogilev with new buildings, schools and shops. Mogilev is a regional centre on the Dnieper with universities and factories, and two-room apartments here are rented long-term by families. For the price of one one-room apartment in Minsk you can buy two such apartments here.
A two-room apartment in the Devyatovka residential district
$56,000
A 50 m² apartment with two rooms, a kitchen and a balcony in Devyatovka, a large residential district of Grodno with new buildings, schools and shopping centres. Grodno is a regional centre on the border with Poland and Lithuania with an old town, a university and a medical university, so apartments here are rented by students, lecturers and families.
A two-room apartment in the Vostok district
$63,000
A 52 m² apartment with two rooms, a kitchen and a balcony in Vostok, a residential district of Brest with schools, kindergartens and shops. Brest is a regional centre on the border with Poland, by the Brest Fortress, and its price per square metre is the highest among the regional centres: border trade, logistics and transport work in the city.
A one-room apartment by Kamennaya Gorka metro station
$81,000
A 36 m² apartment with a room, a kitchen and a balcony in Kamennaya Gorka, a residential district in the west of Minsk at the end station of the metro line. Shopping centres, schools and clinics are nearby, and the centre is about 20 minutes away by metro. One-room apartments by Minsk metro stations are let all year round to office workers, students and young couples.
A two-room apartment by Malinovka metro station
$104,000
A 52 m² apartment with two rooms, a kitchen and a balcony in Malinovka, a residential district in the south-west of Minsk by the Malinovka and Petrovshchina metro stations. Schools, kindergartens, a clinic and shopping centres are nearby, and the centre is about 15 minutes away by metro. Two-room apartments here are rented by families and couples who work in the centre.
A three-room apartment by the Chizhovka reservoir
$126,000
A 68 m² apartment with three rooms, a kitchen and a balcony in Chizhovka, a residential district in the south-east of Minsk by the reservoir with a promenade and a park, next to the Chizhovka-Arena ice arena. Schools and kindergartens are nearby, and the centre is about 20 minutes away by public transport. Three-room apartments here are rented long-term by families with children.
What properties investors buy in Belarus
Above are the most interesting offers selected by our experts. A manager will find a property for your requirements.
Apartments for sale in Minsk, Brest, Grodno, Mogilev, Gomel and Vitebsk, rental yields, taxes, buying costs and a temporary residence permit.
In Belarus a foreigner buys an apartment on general terms, without permits or a residence permit, and title is registered within seven working days. A square metre in a one-room apartment on the Minsk resale market costs $2,240 on average, and in regional centres from $940 in Vitebsk to $1,210 in Brest. A one-room apartment in Vitebsk costs $34,000, and one by a Minsk metro station $81,000. Tax on rent is a fixed amount that does not depend on the rent, and an owned apartment is a ground for a temporary residence permit.
This page covers resale apartments: one-room apartments by Minsk metro stations and in regional centres, two-room apartments in Brest, Grodno, Mogilev and Minsk, a three-room apartment by the Chizhovka reservoir, prices by city, rental yields, taxes and residence rules. A manager will confirm what is for sale today and the exact price.
The market in brief
Prices and rules as of 2026.
How much an apartment costs in Belarus in 2026
Apartment prices in Belarus are quoted in dollars and paid in Belarusian rubles at the exchange rate. According to the National Cadastral Agency for the first quarter of 2026, a square metre in a one-room resale apartment in Minsk costs $2,240 on average, in a two-room one $1,990 and in a three-room one $1,850, and prices have risen by 27% in a year. In regional centres homes cost half as much as in the capital: from $940 per square metre in Vitebsk to $1,210 in Brest.
| City and apartment | Per m² on the resale market | Example apartment |
|---|---|---|
| Minsk, one-room | ~$2,240 | 40 m², ~$90,000 |
| Minsk, two-room | ~$1,990 | 55 m², ~$110,000 |
| Minsk, three-room | ~$1,850 | 70 m², ~$130,000 |
| Brest | ~$1,210 | 60 m², ~$73,000 |
| Grodno | ~$1,110 | 60 m², ~$67,000 |
| Mogilev | ~$1,020 | 60 m², ~$62,000 |
| Gomel | ~$980 | 60 m², ~$59,000 |
| Vitebsk | ~$940 | 60 m², ~$57,000 |
Data for the first quarter of 2026: average resale transaction prices, dollars rounded up.
What yield renting out gives
The gross yield from long-term letting of a one-room apartment in Minsk is about 6.9% a year before tax: a 40 m² apartment costs about $90,000 and is let for $515 a month on average. Tax on letting a home to an individual is a fixed amount that does not depend on the rent: 53 rubles per room a month in Minsk, about $18, and 49 rubles in regional centres. One-room apartments by metro stations are rented by office workers, students and young couples, and two- and three-room ones by families.
| Tax | Rate |
|---|---|
| Letting a home to an individual | a fixed tax per room: 53 rubles a month in Minsk, 49 rubles in regional centres |
| Sale of an apartment by a non-resident | 13% income tax from the first sale, with a return filed before the sale |
| Sale of an apartment by a resident | one sale every 5 years tax-free, 13% from the second |
| Every year | 0.1% property tax on the value |
Data for 2026: the yield is the average for one-room apartments in Minsk; countries are compared in the rental yield table.
Tax on letting an apartment in Belarus is paid in Belarus, whether or not the owner lives there: the fixed tax per room is paid by the 1st of each month. Rates and examples are on the page taxes in Belarus.
What costs to add to the property price
| Payment | Amount |
|---|---|
| Notarisation of the contract | a fee in base units: one base unit is 45 rubles, ~$15 |
| Registration of title | a state registration agency fee in base units, within seven working days |
| Passport translation and power of attorney | at a notary, if a representative handles the deal |
| Utilities and building maintenance | every month at the tariffs and the building's bills, separately from taxes |
Data for 2026. Belarus has no tax on buying an apartment, and fees are calculated in base units, so they are small. Transfers from abroad do not go through every bank, so the payment route is prepared before the deposit. A manager calculates the total for a specific property.
In Belarus the apartment is checked in the property register before the deposit
Mistakes cost more than the fees: an apartment with a seizure or a pledge in the register, residents who keep the right to use the apartment after the deal, the previous owner's utility debts, a transfer that the bank holds up because of the payment route. Murblz support removes these risks: we find an apartment for the budget and goal, check the register and the registered residents, take the deal through the notary to title registration and prepare the residence permit documents.
The cost of support depends on the purchase budget and the goal - letting, a home for yourself or a ground for residence; a manager will calculate it in the chat.
Does buying give a residence permit
An owned apartment is a ground for a temporary residence permit in Belarus: it is issued for up to a year and renewed while the home stays with the owner. A manager will send a selection of apartments for the permit to the chat.
Russian citizens get permanent residence straight away, with the Russian passport itself as the ground, and citizens of other countries after 5 years of uninterrupted temporary residence. Rules and documents are on the pages Belarus residence permit for Russians and permanent residence in Belarus.
How we find a property
- Budget and goal: letting, a home for yourself or a ground for residence. The manager clarifies the city, the district and how you will pay.
- A selection of real properties: apartments with the seller's price, floor area, the year the building was built and a yield calculation.
- Checks in the Unified State Register of Real Estate: owners, seizures and pledges, registered residents and utility debts.
- A remote deal by power of attorney: the contract at a notary, title registration within seven working days and the residence permit documents if needed.
The manager sends the selection to the chat, with sellers' prices on the date of the selection.
Options in other countries
Investment property in other countries:
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- Investment property in the USA: what to buy in Florida and what it costs
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- Investment property in Armenia: what to buy and what it costs
- Investment property in Ireland: what to buy and what it costs
- Investment property in Costa Rica: what to buy and what it costs
- Investment property in Germany: what to buy and what it costs
- Investing in property in Australia: what to buy and what it costs
- Investing in property in South Korea: what to buy and what it costs
- Investment property in Kazakhstan: what to buy and what it costs
- Investment property in Japan: what to buy and what it costs
- Investment property in Poland: what to buy and what it costs
- Investment property in Taiwan: what to buy and what it costs
- Investment property in Qatar: what to buy and what it costs
- Investing in property in Hong Kong: what to buy and what it costs
- Investing in property in Sweden: what to buy and what it costs
- Investing in property in Finland: what to buy and what it costs
- Investing in property in Albania: what to buy and what it costs
- Investment property in Luxembourg: what to buy and what it costs
- Investment property in Slovakia: what to buy and what it costs
More on buying in this country:
- Property in Belarus for foreigners: search and legal checks
- Buying an apartment in Belarus: prices, taxes and residency
- Belarus residence permit: documents, timing and fees
- Permanent residence in Belarus: years and documents
- Taxes in Belarus
- Cost of living in Belarus
- Minsk: what to see and whether to move there
- Belarus: all programs
All countries and budgets compared - on the page Investment property abroad.
FAQ
How much does an apartment in Belarus cost in 2026?
Can foreigners buy an apartment in Belarus?
Does buying property give a residence permit in Belarus?
What yield does letting an apartment in Belarus give?
What are the costs of buying property in Belarus?
In what currency is an apartment in Belarus bought?
Where to buy an apartment for investment in Belarus?
Can you buy an apartment in Belarus remotely?
Don’t want to figure this out alone?
We handle the whole process end to end: we shortlist properties for your goal, run legal checks and support the deal through to registration. Ask your question in the chat: the free consultation starts right here. Legal representation before authorities and courts is handled by Murblz specialists together with locally licensed partners.
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