The demand for the purchase of houses in the suburbs of the capital will increase in the first half of 2023.
This forecast in a comment to “Interfax-Ukraine” gave the developer of the cottage town “Park House” Rudolf Arzumanyan.
“The demand for houses will increase in anticipation of summer. This will also be facilitated by the new air defense systems, which will close, we hope, in the near future, the sky over the capital region,” Arzumanyan said.
He added that the suburban real estate market of Kiev region since the beginning of the war went through several stages. In the spring there was a surge in demand for rent, including at the expense of displaced people, then there was a demand to buy.
“In general, if anyone had finished houses with renovations, they all sold them or rented them out long-term. People with money understand that it is possible to provide more or less comfortable and predictable conditions of stay only in a private house due to autonomous heating, gas, firewood, electricity, autonomous water supply and sewage,” explained Arzumanyan.
According to him, developers of suburban real estate provided autonomous power supply through generators and high capacity batteries such as SOUOP, ECOFLOW, etc. During the year, however, there was not as much new facility commissioning as the market demanded.
“New facilities are not being commissioned because of a shortage of handymen and problems with materials. Another retarding factor is the imbalance. Prices have gone up for almost everything, but not for real estate. Thus, the market froze,” he said.
Another trend: there were virtually no investment deals during 2022.
“Rental prices in dollars have fallen by half, people are afraid to invest money. In fact, the demand to buy fell by 80% compared to last year,” said Arzumanyan.
