I have just returned from a week in the south/west of the Ukraine and have some great offers. The country is the same as Bulgaria 10 years ago and much cheaper. You could live well here for £30 a week and the climate is better than BG. All the properties shown are just 60/70 km from the coast and have good access roads to the nearest town. To give you an idea of prices, two of us had a night out, consumed a lot of beer and whiskey, and ate two huge meals each. The bill came to £4.50 each including a tip. 200 cigarettes cost £3.50 and a bottle of whiskey £1.
The beautiful and largely unspoilt Crimean Peninsula in Southern Ukraine has been a hotspot for Ukrainian and Russian travel and tourism focus for generations and today its popularity is increasing among a wider international audience.
The peninsula is home to stunning beaches, amazing historic architecture, it has a temperate climate and it already has an active property market. Locations such as Yalta are particularly popular and the town has seen property prices rising consistently and strongly for the past few years but still prices are largely affordable.
An investor can consider buying to let with properties in abundance offering a well priced alternative to Bulgaria. You may wish to renovate property for resale to the growing numbers of affluent Ukrainians and Russians seeking holiday homes in this part of Ukraine.
Yields from well located properties let over the short term during the summer season are high. As the popularity of the destination rises, according to the World Travel and Tourism Council, more visitors will be arriving annually between 2009 and 2016. It is highly likely that real estate held long term will return an investor an attractive increase on original investment.
Those seeking lesser explored locations with growing tourism potential could look east and consider port towns such as Mariupol or Berdyansk where there is demand locally in the spring, summer and autumn with increasing Russian focus. Both towns have an abundance of attractions from health spas to historical architecture as well as being sea fronted and offering typical seaside charm. Investments made in these locations will require a lower outlay initially but a longer investment commitment.
The Residential Property Market in Ukraine
In Kiev there is currently a surfeit of demand and a shortage of supply of quality property stock which has caused prices to rise dramatically and rental returns to go through the roof. Land prices have risen threefold in certain parts of the city in just 18 months and there are more skyscraper projects being considered now as a result. The latest to be developed is the Mirax Plaza, a 44 storey multi purpose development consisting of 381 apartments, a business centre, a recreation zone and restaurant.
In the short term Emerge (UK) ltd believes the Kiev market may be overpriced but many experts believe that prices will continue to rise with no indications suggesting stagnation of prices in the future. For this reason Kiev could well be a good market to consider for residential investment, or buying off plan in the latest developments for resale upon completion to an awaiting market which favours new property stock. An investor really needs to get a feel for the market on a month by month basis before making a move-although buying in for a few thousand euro might help to dispel this notion!
A great alternative for residential property investment is Odessa – it is enjoying significant infrastructure investment and foreign investment is flowing in many sectors. The city offers sea services to the likes of Istanbul and it is also becoming a favourite location for holiday makers seeking an accessible destination with massive charm. The local population is increasing as the appeal of the city increases and new job opportunities are created. Odessa could be a good market for a slightly shorter term Investment, with short to medium term gains likely to be realistic. All the properties Emerge are selling have a regular bus service to Odessa.
House 1 The village is called Perhetravnevo located 4km from the Danube. There is a lake 200 metres from the house idea for fishing. The property has 1700 sq metres of land, two storage rooms and three rooms inside. You would have less than an hours drive to the Black Sea.
Have a look on Google at Ukraine property to see the prices in the country. Most are 25,000 euros+
This is a distressed sale and would make a great investment!
House 2 costs £3150
House 3 costs £2,250
House 4 costs £2850
House 5 costs £4000
House 6 costs £3600
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