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Villas of Glamour Age:
Cottages in Kyiv suburbs are more expensive than Spanish villas

 Rich Ukrainians now build suburb cottages that not have to be "better than neighbor's", but better than ones near Nice. Realtors today mention that cottage in Koncha-Zaspa is more expensive than villa at the Mediterranean coast.

Region Koncha-Zaspa near Kyiv was long time ago admitted as the spot of compact living of the wealthiest persons of consequence in Ukraine. In this zone current President of Ukraine Viktor Yuschenko, ex-president Leonid Kravchuk, Kyiv major Leonid Chernovetskiy, ex-minister of Justice Roman Zvarych and many other representatives of political, financial and show-business elite of country have realty.

A social threshold for entry into Koncha-Zaspa community - ability to waste from 9 000 USD to 70 000 USD per 100 m2 of land. This is the price for land in this area, as was reported by Natalia Shevchenko, vice-head of department of Ukrainian commercial property of agency Samson.

Usual Ukrainian real estate of 20 years old age and appropriate architecture can be bought for 120-200 000 USD. Modern cottages have the price of 350 000 USD. Average price diapason - 450 - 650 000 USD. But palaces for more than 1 mln USD are not the exception.

Realtors admit that today already the villa near Kyiv is more expensive than cottage at the Mediterranean coast. For instance, first line house at the sea in Spain doesn't cost more than 1 mln USD.

"There are no presuppositions for the prices decreasing" - says Tatyana Lenenko, vice-director of property agency Planeta-Obolon. - And demand still rises proposition".

The rich and famous develop their allotments according to the latest things of architecture and design. The project of landscape comes to 100-300 USD per 100 m2. And the cost of design-project of cottage - starting from 20 USD per 1 m2. For this money neo-bourgeois require best quality of work.



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