Knight Frank has admitted that Ukraine today is considered to be one of the most promising property markets in the world. This international agent opened its first office there last autumn, dealing in prime residential real estate and commercial property. According to his words Ukraine is a young market that can already compete with the one in Moscow.

Investing in the Ukrainian property is absolutely of great interest for the Western and Russian investors with those looking for residential property focusing on prime areas such as the capital, Kyiv, the fashionable Crimean coast and the fast-growing ski resorts of the Carpathian Mountains, including Slavsk. There are plenty of scheduled flights to Kiev and Lviv (via Vienna) from Britain (BA and Ukrainian airlines) from £120 return. The journey time from London takes just several hours.

Ukrainian capital definitely rises the level of the most prominent European capitals. Though Kyiv’s best bargains have gone and prices are not cheap, they’re considerably lower than in Moscow and a snip by European capital standards. The price for three-room apartment in a new part of the city can rise $80,000 (£41,000, E61,000), while one can have a flat with adorable views of Dnipro river or historical part of the capital starting from $200,000. As for the rental potential $1,500 a month can be charged for a studio flat in a good district and $4,000 per month for three-room apartment. Investing into Kyiv property is highly reasonable decision for the reasons as rising prosperity, a housing shortage, increasing accessibility of mortgages and a lack of other reliable investment options. With such dynamics growth, Kyiv has been undergoing a price boom and values are still rising by around 2% a month, according to UA Property company data, which has offices in Ukraine and Great Britain.

Another hot spot for the investment and rental operations is Ukraine’s south Crimean coast that is mostly focused on the resort of Yalta – a favoured hideaway for fashionable Muscovites and a seaside playground for well-heeled Ukrainians. This is a unique resort area with mild Mediterranean climate, superb sceneries and many historical places. Yalta is very popular among Western investors and tourists. Yalta is pricey by Ukrainian standards, with swanky villas fetching millions but you can grab a two-bedroom seaside apartment from around $150,000 or a rentable studio with sea views from around $40,000 to $60,000.

Balaclava – another coastal and not less perspective than Yalta city in Ukraine – Balaclava is an intresting investing spot. Presently two newly renovated apartments that have adorable view of the bay and nice location near the sea are presented for sale and rent. In order to get more information about them you can use the following link: http://www.uaproperty.com/index.php?-M=page:rent-in-balaclava

In Balaclava there is an airport is being built nearby that provides easy connection. There is also investing interest in the other side of the Crimean peninsula that borders on Sea of Azov, where you can buy a large beachfront villa plot for around $30,000. Rental rates in the prime Crimean resorts are from around $50 to $70 per night in the summer season, for an average studio or one-bedroom flat.

It is also of great potential to buy a land plot near the sea in orderto build new cottages or villas in the coastal area. The cost of building on your plot will depend on access to local services and supplies, but average building costs are around $500 per square metre. That means you could build a typical three-bedroom villa in most coastal locations for around $70,000, plus the cost of the land.

Ukrainian Carpathian Mountains today are also of great interest for the investors. The most prominent place by now is Slavsk that possesses high quality ski facilities and is located close to Lviv.

Recent introduction of new apartment complex in the Carpathian mountains “Eagle Valley” is a new step to reach the European standards as living in the apartments somewhere in the recreational area became popular in Europe may be 15 years ago and reached Ukraine now.

You can see more information about EAGLE VALLEY apartment complex using this link:

http://www.uaproperty.com/property_1047.html

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