This article describes the opportunities of Ukraine as a country for investing in real estate. Ukraine appears to be a more profitable country for investment compared to the other European countries.
KYIV, UKRAINE, July 27, 2021 /24-7PressRelease/ — Ukraine is considered to be one of the most stable countries when it comes to real estate investment. As its economy improves, demand on the property market is eventually increasing. Moreover, Ukraine will be a perfect option for those who want to get a much higher Return of Investment (ROI). Let’s discover all the advantages of investing in Ukrainian property.
No doubt, investing in Ukraine’s real estate may be extremely profitable. The Ukrainian real estate market has a few fantastic features that directly affect due diligence demand. The first thing to mention is that Ukrainian real estate is mainly run by local investors. However, there’s an exception; foreign investors primarily choose the commercial real estate sphere in the country as malls, business centres, and other commercial property already generate rental income and therefore attract more businessmen abroad.
Thus, if an investor decides to invest their sums in Kiev real estate, Ukrainian banks would be more eager to finance real estate transactions and give money for the development of commercial realty. Therefore, it positively influences the market and creates even more pleasant conditions for foreign investors.
Concerning Return of Investment (ROI), Ukraine is the most attractive country to get a high profit from property. Let’s compare statistics. Due to demand on the Ukrainian market, every region, except for Donetsk, experienced a 2.1% rise in prices in 2020. In other areas outside of Kyiv, Ukraine’s capital, the price for a square meter differs between $600-900, a very profitable proposition for beginners in real estate investing. Additionally, the prices for rent apartment in Kiev may bring sustainable income on a regular basis, starting from $500 per month in historical and luxurious districts.
Besides, investors often use the services of investment companies while purchasing real estate. The CEO of DGY Investments, a well-known realty company, explains that “Ukraine now has the most appealing conditions for investing in real estate in Kiev because of the growing demand on property prices and a higher ROI that reaches more than 15% each year.”
Therefore, Ukraine opens vast opportunities for businessmen and investors all over the world because of the high ROI and affordable property prices. Moreover, the demand for realty is resulted from the large influx of tourists. The country has very picturesque views which combine modern urban atmosphere and a kind of oasis in the capital of Ukraine. As a result, Kiev attracts more than 11 million tourists each year, making it one of the most popular tourist destinations in Europe.
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