Real estate is one of the most profitable investment tools, and the luxury real estate market is the most reliable in this direction, as it is practically unaffected by external factors, such as political fluctuations or economic downturns.
We are mainly talking about big cities, where prices for expensive real estate are increasing every year. The whole point is that the number of elite objects on the Kyiv market is limited. The main factor of investment attractiveness is a favorable location in the central part of Kyiv, with views of cultural sights and the historical part of the capital, which directly affects the return on investment in this real estate. Buying luxury real estate in Kyiv sometimes becomes an additional task, finding one that meets all requirements. And over the years, the shortage of such objects will grow rapidly, which is connected with the reduction of areas for the construction of new objects. By the way, if you decide buy a house in Kyiv inexpensively, we recommend contacting the best elite real estate agency THE Capital. The cost of 1 square meter. m. in the center of Kyiv is constantly growing. Already now, it is difficult to buy real estate in this part of Kyiv, because it is practically non-existent. Since the number of luxury houses is quite limited, experts predict that the market value of 1 sq.m. in the residential complex Novopecherski Lypky in an already finished building, which will be commissioned in the next year or two, will be from 7000 to 12000 dollars. Buying an apartment in Kyiv for $12000 will not be affordable for everyone. Before investing in real estate, it is important to assess the market situation.
After all, some people thought they wanted to buy elite real estate in Kyiv, and ran to find a suitable one without understanding the market. Most believe that during an economic crisis you can profitably buy an asset at a lower price, and in a few years sell it and make a fortune. But with regard to elite residential real estate, experts advise to look at the situation from a different angle. They assure that it is not so easy to find really liquid objects during the economic crisis, and all because the owners of such real estate, builders and developers are trying to stop sales, not dumping. From this - if you intend to make a good profit, premium real estate should be bought in a growing market.
See also: In which real estate is better to invest: the main points.
When choosing an object for investment, it is important to take into account not only the location, but also pay attention to the design of the facades, the interior, the quality of materials, the functionality of the planning, the infrastructure next to the object, as well as the reputation of the developer. If we talk about the primary real estate market, it is necessary take into account the degree of readiness of the facility. You can count on higher profitability by choosing a luxury apartment in a complex that is already under construction. It is advisable to focus on objects that are being dynamically built (at the stage of the above-ground part) with a term of commissioning no later than a year later, a maximum of two. During this period, the most profitable objects become more expensive by 20-30%. When choosing a developer, familiarize yourself with his reputation, sufficient work experience, and the number and quality of ready-made objects. You should be alarmed by clearly understated prices at the start of apartment sales from a little-known developer. Will he then be able to finish the house and not become bankrupt at all?
See also: How to buy an apartment on installments.
It is not always worth choosing the most expensive objects in the house under construction. After all, the construction company has its own pricing policy, in which the number of floors, the view from the windows, etc. are more expensive. But practice shows that after the delivery of the object, the prices in the house for apartments more or less equalize and cheap apartments add much more to the price than expensive options. And the most important thing is that you should first of all choose the very important parameters of the apartment, but you should draw conclusions without proceeding from own advantages, and taking into account the demand in the real estate market. Buy those options that both now and in the future will be in short supply in this house or in this area, in this case you will definitely be able to make really good money with the least risk. Subscribe to our updates real estate portal and receive the latest publications from the real estate agency THE Capital.
