During the full-scale war, the cost of housing construction in Ukraine has risen by 10-30%. This was reported by Arseniy Nasikovsky, a partner at the DIM group of companies, during a business summit in Lviv. According to him, the structure of buyers in the real estate market has noticeably changed.
This is reported by Business • Media
End Consumers Are Taking Center Stage
As Nasikovsky explained, investor interest in the primary housing market in Kyiv has decreased. Before the onset of full-scale aggression, 60% of transactions were made by investors at early stages of construction, but now end consumers have become the main buyers.
“The reason is not a lack of funds or a decrease in the number of buyers. The issue is that the cost of primary housing often exceeds the prices of ready-made properties on the secondary market nearby. The developer cannot sell below the cost price, which has increased by 10 to 30%,” the expert explained.
Investment Prospects in Residential Real Estate After the War
The expert believes that after the war ends, residential real estate will remain a key area for investment. This is especially true for the business and premium segments in central areas of Kyiv. With rising demand and a limited number of available land plots, a significant price increase is expected in premium-class club houses – up to $7,000-8,000, and in some cases even up to $10,000 per square meter.