The DIM Group of Companies is launching its own long-term installment program in hryvnia with an annual interest rate of 10% for the purchase of housing in the developer’s projects, the group’s press service told Interfax-Ukraine.
“We are approached by buyers who dream of owning their own apartment or need to improve their living conditions, but for one reason or another do not qualify for government programs. It is for them that we have developed a new product to meet the growing demand among Ukrainians who cannot take advantage of the state program “eOselya” but are interested in purchasing quality housing in the “comfort+” segment and above,” said Alexander Nasirovsky, managing partner of the DIM group of companies, in a statement.
Under the terms of the program, the installment plan is provided for a period of 10 years with the possibility of early repayment. The price per square meter is fixed in the contract in hryvnia. The down payment is 30% of the cost. The interest rate is 10% per annum, and for military personnel, State Emergency
Service employees, and military medics, it is 8%.
The developer will test the pilot installment plan in the capital’s residential complexes Metropolis, Lucky Land, and Park Lake City, as well as on a limited basis in the Olegiv Podil club house in June-July to assess real demand among citizens. DIM plans to scale the program to all of the developer’s residential projects.
As reported, the DIM group of companies notes the advisability of increasing the maximum loan amount issued under the state program “eOselya” in proportion to the growth in the cost per square meter. According to Nasykovsky, in 2025, the cost of housing will grow by 15-20%.
The DIM development company’s portfolio consists of real estate in Kiev and the surrounding area with a total area of more than 900,000 square meters. More than 3,600 apartments have been commissioned, and more than 356,000 square meters of residential and commercial space has been built. Six projects with a total area of over 346,000 square meters are currently under construction.
