Advertising
Advertising
instagram
Advertising

Ukrainians' Decision May Surprise. Interest in Purchasing Property in Frontline Areas is Growing

Given the nightly mass attacks by Russia on Ukraine, a quick end to the conflict is unlikely. A "Swallow of Peace" could come from the real estate market. It turns out that the housing market in frontline areas has a chance to revive. More and more Ukrainians are interested in investing in local properties.

Ukrainians' Decision May Surprise. Interest in Purchasing Property in Frontline Areas is Growing
SERGEY BOBOK/AFP/East News, Ukrainians' Decision May Surprise. Interest in Purchasing Property in Frontline Areas is Growing
Advertising
Aa
Share
facebook
twitter
linkedin

Table of contents

  1. Increase in interest in apartments by up to 72%
    1. Ukrainians want guarantees

      Although more than half of Ukrainians are still not interested in investing in real estate in frontline areas, research published by the RBC-Ukraina portal shows that an increasing share of Ukrainians are considering it.

      Increase in interest in apartments by up to 72%

      According to the RBC-Ukraina portal, the biggest increase in interest concerns three-room apartments. It was 72%. These are units located in districts that directly border the front, even those where fighting is still ongoing. This includes Sumy, Zaporozhye, and Dnipro-Peretovsk districts.

      Three-room apartments are not the only type of property attracting Ukrainian interest. Interest in two-room apartments rose by 55%. Potential buyers cite low property prices as a major advantage, driven by ongoing hostilities nearby. Investors hope for a large and quick profit once the conflict ends.

      Interestingly, if Ukrainians decided to buy an apartment, it would be a secondary market property. This was the answer of 54% of respondents. Only 27% would be interested in buying from a developer. Most respondents preferred a single-family house in a city, with 64% expressing that preference.

      48% of respondents said they could spend up to $15,000 on a property purchase. 39% could spend a much higher amount, between $15,000 and $30,000.

      Advertising

      Ukrainians want guarantees

      The study by RBC-Ukraina shows that potential investments in eastern districts are not made without thought. 54% of respondents would not invest in that area for now. 34% said they would invest in real estate there, but only once security improves. 28% expect a state guarantee that if their property is destroyed they will receive financial compensation.

      See also: Ukrainians are declining in Poland. Political games discourage staying in our country


      FXMAG Team

      FXMAG Team

      FXMAG’s editorial team creates high-quality content on financial markets, investing, and the global economy. We provide timely analysis and clear insights to help our audience navigate complex market dynamics.


      Topics

      apartments

      real estate market in Ukraine

      apartments in Ukraine

      warukrainereal estate market
      Advertising
      Advertising

      Most recent

      Recomended