Real estate in Ukraine is among the most developed markets in the world. The value of properties for sale in Ukraine has seen a steady increase, hitting a high of 0,39% in the 2nd quarter of 2020. It can be seen as a positive margin for those looking at Ukraine property sales as an investment lifeline.
Before the upward trend, the years 2018, 2017, 2016, and 2015 registered unstable fluctuations of 3,34%, 4,03%, 6,02%, 1,61%, and 2,31%, respectively. While this might look like the prime time to buy property in Ukraine, it is important to remember that the market has presented similar rises before. One would do well to remember the stagnation of 2013-2014, where values dipped by 6,49% and 4,61%. Buyers who jumped on the bandwagon during the last mini-crash left with shattered hopes for their real estate dreams.
Buyers who successfully purchase property during this "perfect" period will most likely enjoy the gains only if they find tenants within 12 months following its acquisition. The country's economic situation dictates that prices are more stable over the year rather than during seasons.
What kind of real estate can you buy in Ukraine
- commercial real estate
- industrial site
- residential complex
Nevertheless, it is safe to say that the market will see another upswing sooner or later. Buyers who can wade through the instability of the last decade have seen an average annual growth rate of 3,65%, which might be your best chance at turning a profit on real estate in Ukraine.