header-logo.svg Houzing

Residential Properties with High Rental Yield in Perm

When it comes to investing in real estate, one of the most significant factors to consider is rental yield. For those looking into the market in Perm, Russia, various residential properties promise promising returns. Understanding which areas and property types provide high rental yields can help investors make informed decisions. Below are the most compelling residential properties in Perm that boast high rental yields.

1. New Developments in the City Center

New residential complexes in the heart of Perm are highly sought after due to their prime location. These developments typically feature modern amenities and are close to public transport, shopping areas, and entertainment options. With the steady influx of young professionals and students, these properties yield high rental returns, often exceeding 7% annually.

2. One-Bedroom Apartments

One-bedroom apartments have become increasingly popular among single professionals and couples. In neighborhoods such as Zarechnyy and Motovilikhinsky, investors can find well-located one-bedroom flats that can generate a rental yield of around 6% to 8%. The demand for smaller units continues to rise, making these properties a wise investment choice.

3. Affordable Housing in Suburban Areas

As the cost of living in urban centers climbs, many families are seeking affordable housing options in suburban areas of Perm. Properties located in suburbs close to schools and major thoroughfares are not only in high demand but also offer rental yields between 5% and 7%. Investing in such areas may appeal to those looking for long-term tenants.

4. Multi-Family Homes

Investors looking for steady rental income should consider multi-family homes in Perm. These properties allow landlords to rent out multiple units, diversifying their income streams. Locations like Sverdlovskaya Street feature multi-family homes that have shown rental yields ranging from 8% to 10%, making them an attractive option for real estate investors.

5. Student Housing Near Universities

Perm is home to several universities, including Perm State University, attracting a large student population. Properties near these institutions, especially shared accommodations, consistently yield high rental returns of around 9% to 12%. Investors interested in catering to students can benefit from long-term leases and high occupancy rates.

6. Properties with Renovation Potential

Another avenue to consider is purchasing older properties that require renovation. These can be found in up-and-coming neighborhoods. Once renovated, these properties can significantly increase their rental value, providing yields upwards of 8% if managed effectively. Investors should assess market trends to determine the best properties for renovation.

7. Short-Term Rentals

With the rise of the sharing economy, short-term rentals have become a viable investment strategy. Properties in tourist-heavy areas or near business districts can yield impressive returns, sometimes reaching 10% or more. Owners can use platforms like Airbnb to capitalize on peak seasons and events in Perm, maximizing their rental income.

In conclusion, whether you’re a seasoned investor or a newcomer to the Perm real estate market, various opportunities exist for residential properties with high rental yields. By focusing on location, property type, and market trends, investors can effectively position themselves for success in this profitable market.