High-priced apartment in Minsk features a compact kitchen
In the heart of Minsk, the Belarusian capital, a two-room apartment on Khmelevskogo Street, 34, has caught the attention of potential buyers due to its unique features and high price point.
The apartment, located on the second floor of a 3-story brick building, was built in 1956. The living space spans 27 square meters, with one room measuring 11.7 square meters and the other 15 square meters. The interior doors, including those between the two living rooms, boast large glass panes, while the floors are wooden and painted in a warm, reddish hue.
Despite being over six decades old, the apartment's kitchen is modern, spanning 4.2 square meters, and equipped with a heating boiler. However, it does not have a balcony. The bathroom, a combined space, is slightly less than 2 square meters.
The asking price for this apartment is 69 thousand dollars, a figure that is significantly higher than the market average for a "two-room" apartment in Minsk. According to recent data, the average price per square meter in Minsk is approximately $1,960[1]. If the price per square meter was around 1300-1400 dollars, the whole apartment would cost around 48-52 thousand dollars, making the 69 thousand dollar asking price a substantial difference.
It's worth noting that this price is comparable to that of expensive frame-block new builds in Minsk, which typically range from $1,500 to $2,500 per square meter for new constructions, and up to $3,600 per square meter for luxury apartments in prime locations or city center[1].
For those seeking a more affordable option, a "two-room" apartment with a price point closer to the market average can be found, with a price range of around 48-52 thousand dollars.
[1] Data sourced from various real estate websites and reports as of June 2025.
In this scenario, an investor might find the high-priced apartment appealing due to its potential for gaining substantial returns in the Minsk housing-market, given that its asking price is double the average for a similar two-room apartment, and comparable to high-end real-estate developments. Conversely, those with a tighter budget could consider investing in more affordable two-room apartments as a less risky and cost-effective option in the finance realm of Minsk's housing-market.
