Residential real estate market in Ukraine remains one of the weakest in the world after the economic crisis of 2009. But in a segment of real estate there has been revival.

Since 2009, housing prices in Ukraine fell by more than 40 percent. While in neighboring Poland, the prices in this period grew by almost 9 percent. In Russia, the prices have gone up by almost 1 percent.

However, you should not panic if you are selling real estate. Experts say that home prices were at their minimum. Now they can only grow. And if you're an investor, the best time to buy is difficult to imagine.

"People wanted to invest in emerging markets, to more quickly reap the benefits, not thinking about an exit strategy ... Now they are likely to be more careful ..," said Bailey, head of residential research at Knight Frank.

Terry Pickard, who runs Kyiv-based real estate consultancy NAI Pickard, optimistically announced that the property market in Ukraine is getting better. Prices in some segments, especially in the premium retail, have already returned to pre-crisis level, he said. With regard to the residential segment, the trend is similar, he added.

But Taisia Shepetko, an analyst at Kyiv-based investment bank Dragon Capital, less optimistic about the housing market as a whole. She said that banks may take much longer to begin full-scale lending again.