Ukraine Economics

Tax on property and land: how to pay for that?

Since the beginning of 2014 there have been quite serious changes in the taxation of real estate and land. So, from April 1, 2014 the tax on real estate (apartments and houses) applies to the whole, the total area, not just the living (Article 265 of the Tax Code). Thus legislators, in fact, eliminated tax evasion due to overestimation of ...

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There are much cheaper: what will happen to the real estate market in 2015

The most important events and trends of 2014 and expected in 2015 on the commercial real estate market of Ukraine Ukrainian developers and landlords will remember 2014. Year, to put it mildly, was difficult. To kill a disappointing memories may 2015: the next 12 months promise to be easier.What trends have left a legacy of 2014 and what will happen ...

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Circle side: occupancy decreased to 30%

Main trends of the market of hotel real estate last year and what to expect hoteliers this year. The main trend of the last year – a decline in tourist and business activity has a negative impact on performance of all market operators. in 2014 occupancy average has dropped from 55 to 30% at the end of the year. Due ...

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The volume of housing commissioned in Ukraine has decreased by 13%

The rate of commissioning of housing in Ukraine (excluding occupied Crimea) in 2014 compared with 2013 decreased by 13.2% to 9,741 million sq m. this is according to the State statistics service of Ukraine. of 202.7 thousand square meters of housing (2.1% of the total volume) is introduced according to the interim order of adoption in the operation of houses ...

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Office and shopping centers are forced to revise plans

In the current economic situation vending operators are not willing to invest in opening new areas The commercial properties that are currently under construction and plans to open in 2015 and 2016, will face difficulties in filling tenants. In the current political-economic situation, a significant part of retail operators that form the core of the shopping center, not willing to ...

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The market is full of contrasts: as currency swings changed property prices

Fluctuations polarized Metropolitan real estate market – the difference between the cheapest and the most expensive primary grew to 26 times The capital’s primary real estate market again slipped into a generous start zero when square meter in a newly built house could be bought for $400-500. The February devaluation of the hryvnia has resulted in the capital market again ...

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The French developer SCC decided to build Gorky Park in Kiev

The French developer SCC Real Estate refused to build a multifunctional complex (IFC) Gorky Park (Kiev, Antonovicha (former Gorky). Managing Director of ARPA Mykhailo Artyukhov reported that the French put up for sale the IFC project Gorky Park and land 4.7 hectares for its implementation. According to our data, in 2015, according to Gorky Park, the decision was made on ...

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Recent trends in the property market in Odessa

It is no secret that the difficult economic and political situation in the country negatively affects the real estate market. Unstable dollar first cause decline in property prices across the country and Odessa no exception. Already half a year rise in the dollar has frozen the sale of apartments, houses and land. The number of potential buyers of real estate ...

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Rent apartments in Odessa Summer 2014

Negative situation in the real estate market, a drop in sales, as well as the growth of the dollar impact on the lease. This applies as commercial real estate and residential. First of all issues and disagreements concerned the conversion of rent. This is due to the instability of the dollar, and as sledstvieznachitelnym increase in rental value. Tenants review ...

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Ukrainian real estate was in the top five worst liquidity – study

By results of 2014 commercial real estate market of Ukraine entered the top five least liquid in Europe. Worse results only in the Russian market, the report says the company DTZ. Ukrainian market liquidity showed 0.9%, Russia – 0.8%. Liquidity ratio shows investors the opportunity to quickly enter or leave the market, that is taken into account the frequency of ...

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