Today’s global world provides opportunities which are often located outside of your home country. Emerging markets have been given this label to them for a reason. They have consistently outpaced mature markets of United States and Europe so that Ukraine is at the top of the list when it comes to emerging markets.

The global crisis of 2008 has provided a wonderful opportunity for investors who have missed out on their chance in the prior years. Ukraine, labeled by many as the Spain of Eastern Europe offers unlimited upside potential. Still at its infancy in terms of tourism development and early in the rebound cycle, the opportunities are vast for those willing to bear the risks.

Article resources

Read BBC article about Kiev real estate market before global financial crisis.

Read Money Week article on Kiev real estate market before global crisis.

Read Kyiv post article on situation after the global financial crisis.

Read article from Global Property Guide on Kiev real estate during the global financial crisis.

 

We offer a full range of real estate services related to investments in Ukraine Real Estate. When making a decision about how to optimize your investment in Ukraine’s real estate, one should consider both the risk and the rewards and as importantly, must surround themselves with knowledge and professional experts who can help each and every step of the way.

 

Browse our listings available for Sale in Kiev

 

URG professionals will be happy to assist you throughout the entire process, from identifying the properties, purchasing the properties, renovating the properties and finally to renting them out to realize the optimal rental income.

 

Buy with the intent to live

Current market conditions have created a liquidity crunch in Ukraine. As a result, if you have the required amounts, one can make the determination that buying currently is a better long term option than renting. If you foresee yourself in Ukraine for a long period of time, this is a great time to consider a purchase.  The laws make no distinction between a Ukrainian citizen and an expatriate buying real estate.  Further, there are typically no or very low maintenance fees that come along with the purchase and very low taxation system.  Also, being a citizen of another country allows you to consider taking a mortgage in your home country along from any bank in Ukraine which frequently have mortgage programs designed specifically for non Ukrainian citizens.

 

Buy with the intent to RENT

Kiev and Odessa real estate markets offer opportunities like no Western or North American cities.  There are still to this day many properties located in prime locations which have not yet been renovated or are being used on a communal basis.  These properties are often located in the most prestigious areas of the city centers.  These properties are often unique in that they have gorgeous high ceilings, fireplaces, grand balconies and other features which are not standard in modern construction.  When these properties are fully refurbished and renovated, the rental income can easily generate 10%-20% year return on your investment or even more depending on the market cycle of when it was purchased. Even if you do not plan on being around much in Ukraine, we can take care of all of your property rental needs via our property management services.

 

Buy with the intent to SELL

In today’s market conditions, there are lots of opportunities but few are better than purchasing a property that requires renovation and selling it for a profit after the renovation has been completed. Many investors have been quietly doing this for the last ten years in Ukraine often netting over 50% in profits.   This figure may seem very high, however, please keep in mind that often these properties have various factors that make them undesirable for many potential buyers.  Most buyers are seeking properties they want to live in and do not wish to deal with renovations which are often a hassle.  Therefore, many buyers prefer to pay a premium for an apartment that has already been renovated.  Also, communal properties often create hassles of dealing with multiple sellers which need to be in consensus to the sell price. Many buyers do not wish to deal with these aspects – but if you are a savvy investor, these are minor details which can generate healthy profits.

 

Aside from such situations, lately many circumstances such as bank repossessions or various family emergencies have forced sales that needed to be done very quickly and the buyer that is ready to act quickly often is able to purchase a property at a heavy discount. Simply by making some minor changes to it, they are then able to sell it for a nice profit just a few months later.

If you already own a property in Kiev or Odessa and wish to sell it, you can visit our list your property section.