In Ukraine the real estate market over the past few years “dipped” to record levels. Prices for rental property this year will not change significantly, experts believe. Average prices may increase by 10%, provided economic growth. However, if inflation is higher than anticipated, to remove an inexpensive apartment will be more difficult. The website “Segodnia” found out how much you can rent an apartment and how the prices will change next year.
How much is the apartment
In Kiev Studio apartment can be rented for 4500-5000 UAH per month. In this case, the tenant will have to immediately pay first and last month’s rent – that is 9000-10 000. In addition, if the property helped to find a realtor, another 50% of the cost of the monthly rent will have to pay for his services. About the same price, said realtor Maxim Baborak was last year. In the heating season, says the expert, the rental prices do not revise.
Apartment on the outskirts of the city, without repair and with old furniture can be rented for 3000 hryvnia per month. “Most now want an apartment near the metro, with a small heating area. Here the emphasis on the word “heated”. Fares are high now, will continue to grow. It is therefore important for tenants to amounts in the payment wasn’t too high. Sometimes the communal can be up to 50% of the rental cost. That is a matter which footage of the apartment,” – says Maxim Baborak.
“Most now want an apartment near the metro, with a small heating area. Here the emphasis on the word “heated”. Fares are high now, will continue to grow. It is therefore important for tenants to amounts in the payment wasn’t too high,” says Maxim Baborak.
Apartment for 3000 USD. Photo: archive
Kiev realtor who specializiruetsya on rent of luxury homes, Eugene notes: the market of expensive real estate less responsive to market fluctuations. Almost always the prices for elite housing is expressed in dollars. Apartment in the center in good repair and footage of more than 100 square meters can be rented for two or three thousand dollars.
“There are apartments and eight thousand dollars. There are always wealthy Ukrainians who are not planning to invest in the purchase of apartments. Some want a flat a level not below that which can be removed for eight thousand dollars. Someone who only thinks about buying expensive real estate, someone has set aside funds or waits, in the market, looking for options. In one word the demand is there,” says Eugene.
The capital’s housing market has options for Ukrainians with average incomes, and wealthy tenants. Last, experts say, to pay separately for utilities are not necessary – they cover the cost of the lease itself.
The apartment is $ 8,000. Photo: archive
“Often now with apartments offer free Housewives that will be coming several times a week and clean. If the apartment, for example, five – it can be very helpful. If the apartment costs more than three thousand dollars a month, you can require the owner additional “buns” – said the realtor.
What will happen to prices
“I don’t think this year will be significant changes in rental cost. Now between tenants and owners of apartments in the market has developed mainly trust. Of course, the heating season is almost no rental cost does not increase. It is important that in the segment of affordable housing tenants do pay the utility bills,” – says Maxim Baborak.
The real estate market is the main marker of the state of the economy in the country. If wages and the number of jobs will grow, along with the rise and apartments. “Here depends on supply and demand. If the purchasing power of Ukrainians will be not so high, and the apartment owners will not be able to raise prices. Considering that after all we promise growth, we can assume that the average for the year and prices may rise by ten percent,” suggests realtor.
“Considering that after all we promise growth, we can assume that the average for the year and prices may rise by ten percent,” suggests realtor.
Traditional jump of the prices expected in the late summer – students and temporary workers will increase demand, finding an apartment will be harder and prices go up. With that being said Maxim Baborak, if inflation is higher than the planned target (according to the budget of the country to 8.1%), prices may rise faster.
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At the same time, prices for luxury housing will grow along with the dollar in Ukraine. “The prices are fixed in dollars. And if, for example, the dollar will rise in Ukraine, will grow proportionally and the cost of renting a property,” says realtor Eugene.
By the way, last year the rent went up by 10-15%, says the study M2bomber.com. “The devaluation of the hryvnia forced the apartment owners to take steps in the direction of price indexation. But, on the other hand, the economic crisis reduced the number of solvent population of the country (now increasingly looking for rental apartment away from the city center, on the periphery, without renovation)”, – stated in the results of the study.
Slightly at the end of the year decreased and the number of apartments, which rent for long term rent. This may be associated with new year holidays (during this period, the owners can rent an apartment for a few days (rent) and earn a month).
We will remind, several days ago the Cabinet of Ministers of Ukraine has simplified the procedure for the conversion and redevelopment of housing. This reports the press service of minregionstroya. Now when performing work which does not include interference with the supporting structure, to obtain permits is not necessary.
“Resolution of the government we have simplified the rules of use of residential homes and hostels. From now on, the owners or tenants of hostels, in coordination with the owner, when performing work for the conversion and alterations that do not involve interference with the supporting structure or engineering system for General use, no need to get permits,” – said Vice Prime Minister – Minister of regional development, construction and housing and communal services of Ukraine Gennadiy Zubko during a government meeting.