Украина : Аренда на Украине ( english )

Ukraine: Rental Yields

Yields in Ukraine are high at 8.8% on the average. By Global Property Guide estimates, yields in Kiev range from 6.9% - 10.2%. The average price per square metre (sq. m) of apartments is around €2,930. “In the majority of cases people invest their money in apartments being built exclusively for further sale and resale to turn a profit, rather than to live in them,” says Serhiy Zakharin of the Institute of Economics and Forecasting at the national Academy of Sciences. The beginning of the real estate boom coincided with the stabilization of the currency. Zakharin suspects that there is a ‘currency turn’ to be made out of buying new property in local currency, and reselling in dollars.     COST (€) YIELD (p.a.) PRICE, M2 (€)   TO BUY MONTHLY RENT   TO BUY MONTHLY RENT KIEV*  - Apartments           50 sq. m. 129,400 1,100 10.20% 2,588 22.00 80 sq. m. 220,500 1,880 10.23% 2,756 23.50 120 sq. m. 336,805 2,550 9.09%  2,807 21.25 150 sq. m. 495,600 2,870 6.95%  3,304 19.13 180 sq. m. 575,800 3,600 7.50%  3,199 20.00             Source: Global Property Guide Last Updated: January 8, 2007   * Kiev has informal historical neighbourhoods, although it is formally divided into 10 raions/districts. Khreshchatik, Podil, and Pechersk are the most expensive residential areas. Lypky, Zvirynets, Koncha-Zaspa are also popular.