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Is it time to invest in real estate in Ukraine? | Israel Today

2022-05-24T06:53:30.873Z


History proves that times of crisis are a golden opportunity to buy real estate at low prices and enjoy good returns afterwards. • Is this also the case with the war in Ukraine? • We went out to check


The war in Ukraine is not over yet and the people of the country are still licking their wounds while fighting against the Russian soldiers, but in a war like in the war - there are already those who look ahead and think whether instability in the Eastern European country is an opportunity for profitable real estate investments.

In order to understand whether this is the "right" period to invest in real estate in Ukraine, we turned to Adv. Avisira of the firm Avraham Avraham Lalom. Housing, when the aim was to examine how real estate investors in Ukraine are coping with the current situation.

These days some of the construction companies have returned to work despite the war that has not yet ended.

Similar to the response of the markets after the Corona crisis, the Ukraine-Russia war also affects the real estate sector in Ukraine, but not only. Where there is a war, there are always people who think one step further. , Those who do not believe that the Russian-Ukrainian conflict will end soon can take advantage of the period to purchase affordable real estate.

For this purpose, we examined in a number of projects marketed in Israel the current market situation and the level of prices.

The result is that currently there is no decrease in prices and even representatives of several companies have pointed out to us that there is a trend in light of the change in construction costs to raise prices since the price of apartments consists mainly of construction costs.

Prices today range from $ 1,700 per square meter to $ 3,500 per square meter in luxury projects.

One does not have to dig into the history books to understand that there are investors who are willing to gamble and invest in real estate in countries where the situation is unstable, and even in a difficult period of war, in order to enjoy high return potential in the future. To work which conveys relative security in war.

Another significant factor to consider in all the considerations for worthwhile investment in Ukraine, and which can affect the real estate market in the region, is significant financial assistance entering the country from Europe, the US as well as large private funds.

Ukraine's entry into the EU will further strengthen the country's and the real estate market. This could make investors from many countries around the world understand the significant potential that exists in the country, given the significant price gap between investing in Ukraine and investing in other European countries.

At the same time, it is important to take into account that the war in Ukraine has not yet ended and that there are risks that need to be considered before making an investment.

Therefore, investing in real estate during such a period in Ukraine is not suitable for every investor.

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Source: israelhayom

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