The economist named a condition under which a deposit is more profitable than renting out an apartment

In 2027, a bank deposit can bring more income than buying an apartment for subsequent rental, especially when investing for one year. Economist Yulia Kuznetsova reported this to Gazeta.Ru.

According to the base scenario, the average return on deposits will be 10-11 percent per annum. Thus, placing 10 million rubles will bring about 1-1.1 million rubles per year before taxes. Positive real yields can be supported by a key rate of 10.5-12.5 percent and inflation of about 4 percent.

For comparison: an apartment worth 10 million rubles with a rent of 55 thousand rubles per month will bring 660 thousand rubles in gross income per year. After paying taxes, taking into account possible downtime, repairs, insurance and other expenses, the owner can receive about 400-500 thousand rubles.

Additional income is possible if the cost of the apartment increases. If housing goes up in price by 4 percent, the owner will receive about 400 thousand rubles of unrealized profit, which can be used only after the sale of the property.

The expert believes that real estate is more suitable for long-term investments - for five to seven years or more. With a short investment horizon, the investment benefits from profitability and the ability to quickly access money.