There are good reasons to buy real estate not in the capital of Ukraine, but in the Kyiv region, just near Kyiv, as close to the city as possible. The distance to the center of Kyiv is a key factor determining the attractiveness of the real estate object both on the primary market, i.e. new, and on the secondary market, i.e. resale, not new real estate.
On the eve of the great war, in 2020-2021, the demand for new residential real estate in the Kyiv region began to grow rapidly: the Covid-19 restrictions moved the work of many businesses online, and many people had the opportunity to work at home, without daily trips to the office. The same with schooling. Therefore, moving from Kyiv to the suburban area became an attractive idea for many wealthy families.
From February 24, 2022, everything stopped, the real estate registers were closed for several months, and only at the end of the summer of 2022 some sales began to appear on the market.
In recent months, people have become more interested in real estate in the Kyiv region. This is motivated by security issues, the internal movement of a large number of people from the eastern regions of Ukraine closer to Kyiv, where they can find work and new opportunities to arrange their lives.
Currently, the demand for real estate near Kyiv, as well as in the capital itself, largely depends on the psychological factor: fears, insecurity, uncertainty prevent people from buying, the situation can be described in one word as “waiting”. The market froze in anticipation of good news about victory, success at the front, and deoccupation of Ukrainian lands.
As soon as this happens, we can hope for a quick recovery of theKyiv region real estate market. And so far, the number of sales agreements is within 15% of the level before February 24, 2022.
What factors make real estate in the Kyiv region attractive?
- Price. Buying a house near Kyiv will be much cheaper than buying a private house within the urban line of the capital.
- Distance to the center of Kyiv, if convenient routes are available. It is not even the number of kilometers that is important, but the ability to get quickly to the center by car. An ideal example is a straight, not congested road from Koncha-Zaspa with a small number of traffic lights directly to Pechersk.
- Better ecology. This is an important, although not the primary factor, because of which people choose the Kyiv region as their place of residence, rather than a noisy, polluted metropolis. For health, living outside the city is definitely more beneficial. Peace and quiet, pictures of nature have a positive effect on the nervous system and reduce stress.
- Real estate near Kyiv is more energy independent. A private house gives the owner the space to use alternative energy sources (stoves and fireplaces, solar panels, pellet boilers, heat pumps, etc.), as well as use a gasoline generator when needed.
What the primary real estate market of the Kyiv region offers
As for apartments, in small satellite cities, in urban-type villages around the capital, you can buy a one- or two-room apartment in a low-rise new building quite favorably. Budget apartments (the price does not exceed $1,000 per square meter) on low floors are in demand among immigrants from the eastern regions. It is not only convenient to get to Kyiv for work, but there are many opportunities to find a job right in the suburban area of the capital or even start your own small business here.
As for new private houses with plots of land in the Kyiv region (completely ready or for interior decoration), buyers are mostly looking for objects with functionally designed areas around 200 square meters. The choice is determined by the price of real estate and the amount of future operating costs, in particular, for heating in winter. The area of the land plot around the house is also important: the optimal size is 8-12 acres.
A good example of such a cottage development is the Zoloche Vesuviy residential quarter, where the price/quality ratio, the area of houses and plots meet the demands of Ukrainians today, and the developed infrastructure, security, the modern architectural style and the quality of the building add motivation to buy real estate right here, right near Kyiv. Zoloche cottage village is territorially located exactly within the distance from the capital, which makes it the most desirable place for families. You can get to the Slavutych metro station within 15 minutes by car, and there is also river transport: you can get to Zoloche by water taxi, the same 15 minutes from the right bank of the Dnieper river.
Access to the water: the Dnipro bay, Zoloche lake are special attractions of Zoloche cottage village. Here you can enjoy the views with water everywhere: from the quays, from the mooring for boats and yachts, from your own window or plot. In the summer, you can also swim and relax by the water. Sand beaches and outdoor pools are available for residents.
Elite real estate near Kyiv is going through probably the worst times. Large luxury mansions of premium class with land plots of more than 15 – 30 acres have fallen in price the most, and demand for them has decreased dramatically. The primary and secondary market of such real estate has frozen until better times. And this applies not only to the Kyiv region, but to Ukraine as a whole.
However, even for expensive real estate, a buyer will be found in due time. In the meantime, you can arrange to view houses, inquire about prices for residential real estate around Kyiv. Gathering information will help you choose a house project that best meets the needs of your family and find the place that will be the best for you.
As a conclusion: new residential real estate in the Kyiv region, which can be bought inexpensively without intermediaries from a developer, within 15 km distance from the capital, is the priority of buyers today. Developers willingly provide such favorable terms as installments, credit at the time of purchase to revive the market, and buyers get the opportunity to move into a new home right now, without spending time on repairs and reconstruction of the old homes.