The real estate market after the war: forecasts of THE Capital experts

11.03.2024

Real estate market after the war: forecasts

Today, not everyone can see tomorrow, rather, only those who constantly keep their finger on the pulse of the real estate market and constantly monitor current trends can see. Such "visionaries" include our analysts who have analyzed the past and decided to look into the future. If you also ask the question about what changes await us after the end of the war, you have not made a mistake with the choice of the article. Our experts are already making predictions and are ready to share their vision of the real estate market of Ukraine after our inevitable victory.

Annual ups and downs

Annual ups and downs

Earlier, we already introduced you to some statistics for 2023. As far as you remember, the prices for rent grew steadily, gradually approaching the pre-war indicators. At the same time, more than 70% of construction sites earned new strength, so the primary market - 2023. goda">revived after a long period of stagnation, which affected the cost of a square meter. In general, in 1 year, the number of residential real estate objects sold almost doubled. This is evidenced by the annual report Ministry of Justice, which records the exact number of purchase and sale transactions conducted by private and state realtors throughout Ukraine: >

  • in 2022 – 100710;
  • in 2023 – 172.

Those willing to invest in real estate in their native country increased by 71%. Part of the objects were bought with a mortgage - 15918, among which 10775 mortgage loans were taken for the purchase of apartments and houses, and another 1127 -; for land plots Comparison with similar statistics 2022 shows that:

  • the total number of transactions increased by 78%;
  • twice as many houses and apartments were bought with a mortgage;
  • the number of transactions related to land plots increased by 35%.

Based on last year's statistics, we were able to make forecasts for 2024. year, which gradually come true. Now we invite you to go even further and look into the time when our skies will be peaceful again. Perhaps it will come tomorrow, so it is especially important for investors to have time to prepare for the changes and plan their budget.

Winning the war and the market: what to expect in the new realities?

Victory in war and in the market

Everything new is a well-forgotten old. And life after the war will only be a return to the usual rhythm. We will once again have to get used to the sound of planes flying overhead, to the fact that sirens can only be heard from the TV screen while watching an apocalyptic action movie, and finally to the fact that you can safely buy and sell, rent and rent without fear unforeseen circumstances. Of course, in many respects the further development of the market and the country in general will be affected by the conditions under which we will win, so it is too early to talk about anything with unequivocal certainty. But already now we can make predictions for the near future.

President of the Association of Real Estate Specialists (Realtors) of Ukraine (ASNU), Yuriy Pita, recently shared his opinion, and it cannot help but please. The expert believes that after a slight decline, housing prices will only increase. As for the rates, they depend on the return of investors to Ukraine. The security guarantee from the EU and NATO will make our country more attractive for domestic and foreign investors, and the economy - ndash; more stable and prosperous. It will take some time for the situation to normalize, after which an annual price increase of 5-10% is expected.

Changes to construction sites and cityscapes

Changes in construction sites and urban landscapes

Everything that has been destroyed must be restored - this is it the minimum plan was announced at a conference in Switzerland. The work front has already been planned for 10 years ahead. It is planned to rebuild the destroyed residential real estate, as well as to pay special attention to the formation of a new infrastructure that meets the requirements of the time. Activities will be focused on several main directions:

  • restoration of destroyed housing - houses and apartments damaged during the war will be rebuilt;
  • modernization of restored buildings - if you are going to restore housing, you should also think about its improvement. It is planned to increase the safety level of buildings and make them more energy efficient. For this, modern heating and water supply systems will be installed in the apartments, which will make the consumption of resources more conscious, and the life of the owners of the property - . more comfortable;
  • acquisition of non-residential premises by the state - this refers to such apartments in new buildings that have not yet been sold and put into operation. Their purchase with further equipment will allow the state to provide temporary residence to those who need it. Attractive investment proposals will be partially converted into social housing;
  • the return of interest in investing in front-line areas - their rapid recovery will lead to the fact that a huge number of excellent objects at an affordable price will suddenly appear on the market;
  • the emergence of a new trend in the construction of residential complexes - ndash; the emphasis will be on environmental friendliness. Energy-efficient technologies and environmentally friendly materials will be used in the projects, which will minimize the negative impact on the environment.

It will not be possible to eliminate the consequences of the bloody confrontation as quickly as we would like. But there is no need to rush in this case, because quality comes first. The new wave that will shake the real estate market promises to bring a large number of apartments Apartments and houses. The lucky one will be the investor who manages to grab his ideal object. By cooperating with our agency, you will be the first to learn about market innovations that can return all invested capital a hundredfold in just a few years.

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