The interest of foreigners in purchasing premium housing in Ukraine for investment purposes is gradually recovering, developers toldInterfax-Ukraine.
“The interest of foreigners has recovered and in some cases, for example, in our projects, the number of transactions with foreigners exceeds the number of transactions with Ukrainians. Among our clients are Spaniards, Japanese, Canadians and others who invest in business and premium class with a clear view to the future. They see the potential in both long-term lease and value growth,” said Irina Mikhaleva, CMO of Alliance Novobud.
According to Susanna Karakhanyan, Director of Sales at Greenville, foreign clients are considering both investment purchase of apartments and housing for themselves, but they are postponing the purchase until safer times.
“Interest from non-residents has partially recovered recently. We note a trend that foreigners regularly visit apartment inspections, but do not buy yet – they are waiting for stabilization in Ukraine,” she explained.
Although the majority of the housing of the Odesa-based developer Dva Akademika is bought by local residents (up to 60% of clients), the share of transactions with foreign investors has increased over the past year and a half, the company said.
“In terms of geography, 55-60% are local residents, in our case, Odesa. Up to 30% are other cities of Ukraine. However, over the past year, these figures have begun to change with the emergence of foreign investors. In the period 2024-2025, 35% of transactions are concluded with foreign investors: UAE, Slovakia, Turkey, Italy, USA, Greece, Israel and Romania,” said Maxim Odintsov, Development Director of Dva Akademika Construction Company.
In addition, foreigners’ demand remains for Ukrainian residential projects where foreign companies are involved as partners, according to RIEL.
“We have projects that are quite actively sought after by foreigners. For example, Maxima Residence has traditionally been of interest to foreigners, in particular Turkish citizens. This is due to the fact that it is a joint project of RIEL and the Turkish developer Bosphorus Development,” explained Zoryana Zemlynska, coordinator of RIEL’s sales department in Kyiv.
At the same time, KAN Development noted that the share of foreigners among buyers remains insignificant, and the demand for premium housing is mainly recovering due to people who invested before the war.
“The share of foreigners among buyers remains insignificant. These are mainly those who are considering investing with an eye to the minimum cost of entry into the market,” the developer’s press service said at the request of Interfax-Ukraine.
According to Oleksandr Nasykovsky, managing partner of DIM Group, Ukrainians who have been living abroad for a long time have appeared in the structure of demand for premium housing.
“We observe the following trend: some buyers who have free funds do not deliberately withdraw them abroad, but ”park” them in real estate with an eye to price growth in the future and preservation of asset value. As for foreign nationals, we do not see any activity on their part for reasons that are clear to everyone. However, there is a small share of Ukrainians who have been living abroad for a long time,” the businessman said.
