with-repair-and-on-the-lower-floors-an-expert-tells-us-which-apartments-are-in-the-greatest-demand-and-where-they-are-located

With repair and on the lower floors. An expert tells us which apartments are in the greatest demand and where they are located

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Ukrainians are more willing to buy one-bedroom renovated apartments on lower floors on the secondary housing market for around $60,000, as the number of transactions fell 30-50% from last summer due to fears of investing in new construction amid the ongoing war with russia.

Ukrainians are more willing to buy housing on the secondary market. In great demand are one-room apartments with repair, located on the lower floors. This in an exclusive commentary UNN told real estate expert Ivan Kudoyar.

There are fewer deals now, really. If we compare it with the summer of last year, the number of deals has fallen by about 40 percent

- Kudoyar noted. 

According to him, now the demand is for one-room apartments with repair on the lower floors, the price for which varies around 60 thousand dollars. But housing without repair are sold very difficult. 

No one wants to mess with repairs

- explained the expert.

He noted that the number of sales in the secondary real estate market has collapsed by 30-50%. 

That is in other words: the average check has fallen firmly, the number of transactions has fallen by 30-40 or even 50 percent, depending on the market segment, lower floors, apartments with renovation and small apartments. The decrease is in the volume

- Kudoyar said.

At the same time, according to him, Ukrainians are now afraid to invest in housing under construction. 

As for primary housing, in the last year only two apartments have been bought among my acquaintances, which are at the foundation stage. People are generally afraid of everything. These are very rare transactions. Primary - people are interested in a house that is completed or almost completed, or is about to be completed, and the price is not too high, because they go without repair, they do not want to face the repair and so on

- Kudoyar added.

According to him, there is a unique situation in the market now, when ready-made housing can be bought cheaper than that under construction. At the same time, according to the expert, apartment prices in Ukraine remained at the level of those before the large-scale invasion by Russia.

Prices plus or minus are the same as they were before the war. There are developers who have raised prices there by 10-15%, they motivate it by the cost of gasoline and electricity. Plus the pace of construction has fallen for many, plus more... there were 20 active developers in Kiev, now there are 7 of them left

- Kudoyar told.

According to him, real estate in Transcarpathia, Lviv, Ivano-Frankivsk is now in demand, as these areas are considered safer. At the same time, according to Kudoyar, the real estate market in Kiev and Kiev Region is less active, although people from the regions are coming here as well

Most likely more are renting, renting quite actively, and realtors are surviving by renting more

- He added.

Recall

Earlier, co-founder of Ukraine's first fintech ecosystem Concord Fintech Solutions Olena Sosiedka told UNN that small apartments, despite the war, are in demand in Ukraine, while real estate prices in large cities remain stable. According to her, investments in real estate can be profitable in the long term, but renting can give psychological comfort. 

In addition, Neighbor spoke about where abroad is the best place to buy apartments and what to look out for when buying. She noted that investments in foreign real estate can provide asset diversification, the potential for price growth and the possibility of obtaining a residence permit or citizenship.

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