Ukrainians waiting for a sharp rise in price of apartments: when and why will soar rental prices and how to look for housing

In late August-early September in all major cities traditionally increases the demand for rental housing. Students and seasonal workers looking for housing, creating a stir in the market. As a result, in the segment of budget accommodation prices soar for a few weeks by 10-30%. The apartment which is now rented for 5000 hryvnia, after a few weeks can cost 5500 and 6000 hryvnia, said capital realtor Maxim Baborak. The website “Today” figured out how and why prices change and what to look for when choosing a place to live.

Why and how prices rise

Prices for rental apartments are tied to the economy, says Maxim Baborak, due to the cost of a communal flat and low wages to sharply raise the prices landlords can’t. “When we have, for example, a cashier receives eight thousand, if you put a price tag on the cheapest apartment of eight thousand, then look for a tenant in such housing will have long,” says Maxim Baborak.

By the way, over the past year, rental prices of apartments in the capital rose by about 20%. “If you take the year 2016, there was an increase of approximately 20%. But no accurate statistics. It is not the stock market, not all contribute data to the registries. You need to understand that the market is influenced by many factors. For example, active became the economy. Will be a completely different quest, or Vice versa,” – says the representative of the Association of realtors of Ukraine Arthur Pilipchuk.

As predicted Maxim Baborak, at the end of August a possible rise another 20-30%. If anything, once the demand goes down, prices will not decrease.

“Now the apartment is rented, for example, for 5000 hryvnia. This is likely to be on a budget with not very fresh and far from the center. The apartment to watch a few weeks until you find a tenant. At the end of August, if the same apartment will have to pass for 6000 hryvnia, it will take a day or two,” says the realtor.

“Now the apartment is rented, for example, for 5000 hryvnia. This is likely to be on a budget with not very fresh and far from the center. The apartment to watch a few weeks until you find a tenant. At the end of August, if the same apartment will have to pass for 6000 hryvnia, it will take a day or two,” says the realtor.

At the same time, the expert in real estate Edward brazas predicts that at the end of August prices could rise by 10%. “By September the prices can grow on 10%, I don’t think it will significantly. And so now more expensive utilities, and landlords the payments for the tenants. If the person is not very professional, and made some absolutely fantastic “wishlist” to take the apartment it will be difficult. If the apartment a few months idle, even for the most greedy the landlord is a signal that you need to reduce the price,” says Edward brazas.

Photo: archive

Real estate prices depend on two factors – supply and demand. Offer the last time the market consistently. Many people of Kiev, which remained vacant apartment, handed her after the first oxen of price increase communal. The number of vacant apartments increased in the beginning of summer, when some students exempt rental housing. As they say, realtors, the best time to rent property – “quiet” season (June to mid-August). If you rent an apartment later, you can get a seasonal rise in prices.

In Kiev, the cost of a Studio apartment in the budget segment ranges from 5000 to 7000 UAH. The requirements for such apartments is low. The minimum set of home appliances and furniture – refrigerator, washing machine, bed, table, chairs, wardrobe. If the apartment is rent, for example, without washing machines, this allows the tenants to reduce the price.

How to remove cheaper

The lion’s share of ads on specialized sites, leave intermediaries. Their services will cost 50% of first month’s rent. If you rent an apartment directly from the owner, you can save. “Of course, if you find from the owner and with him to enter into a contract, the realtor Commission to pay. But in this situation need to carefully study the documents on the property right to apartment. Definitely need to see, in the apartment of one owner, or several,” says Maxim Baborak.

“Of course, if you find from the owner and with him to enter into a contract, the realtor Commission to pay. But in this situation need to carefully study the documents on the property right to apartment. Definitely need to see, in the apartment of one owner, or several,” says Maxim Baborak.

By the way, the ads you can find apartments that rent already furnished with a subsidy. For communal have to pay less, but, as experts note, this discount is a violation of the law. To apply for a grant only to the apartment in which you reside. If the social welfare agencies know that the discount granted is illegal, under the new rules the whole amount of the subsidies will have to return to the budget.

Another version of “cheap” housing – to rent an apartment without repair in the evenings to hang Wallpaper. So, Kiev offers to settle in his empty apartment (repair, sanitary, wiring), to pay a thousand hryvnia per month and in parallel to do the repairs. The owner of the apartment warns, for every square meter will have to spend at least 1500 USD.

Photo: archive

As has informed earlier “Today” in Ukraine there is a boom of scams with rental apartments. Scammers promise for a small sum guaranteed to find an apartment, offer to sign a contract about providing information services and pay in advance. Then throw a few numbers of potential tenants, but a suitable alternative rented accommodation and do not find. The Chairman of the national Council of Realtor chamber of Ukraine Viktor Nesin warns to punish criminals hard.

The services of realtors, said Edward brazas, must be paid only after signing of the rental agreement of the apartment.

Comments

comments