KYIV. Nov 20 (Interfax-Ukraine) – Investment in residential real estate in Kyiv under the transactions of Blagovist and Park Lane real estate agencies, part of First Realty Group (all based in Kyiv), in October 2015 increased by 31.4% compared to September, to $28.406 million.
Blagovist said, with reference to its CEO Halyna Melnykova, that this data includes the calculation of the cost of a transaction in the national currency at the average exchange rate to U.S. dollars on the day of the transaction.
“In October we observed high activity in the market, which according to our forecasts will be relevant by the end of the year. It is worth noting a tendency to the increase in the interest of buyers to more expensive objects worth $100,000-$250,000,” reads the report.
According to the report, in the total number of transactions by First Realty Group in October 2015 the share of deals with objects worth up to $50,000 was 23%. The highest demand was recorded for mainly renovated one-room apartments and two-room un renovated apartments in Desniansky, Dniprovsky and Pechersky districts of the capital, as well as old out-of-town houses with an area of 100-150 square meters in the nearest suburbs of Kyiv.
According to Blagovist, the most low-cost object sold in October 2015 was a one-room apartment in good condition with an area of 36.5 square meters located in Symyrenko Street in Sviatoshynsky district in Kyiv which was purchased for $26,000.
According to the report, the share of transactions in the price range of $50,000-$100,000 in the total number of transactions by First Realty Group in October 2015 was 65% – mainly two- and three-room apartments in Holosiyevsky, Darnytsky, Pechersky, as well as Shevchenkivsky and Solomiansky districts.
