Monday 14 July 2014

British Business Club in Ukraine: Ukraine needs to stop ACTING like a Rich Country

British Business Club in Ukraine: Ukraine needs to stop ACTING like a Rich Country:



"Many, if not all people who visit Ukraine for the first time arrive in Kyiv. One of the big surprises for them is when they discover the high prices on the Ukraine residential property market. The overall market has not picked up since the crisis of 2009 but prices are still in what I call the ‘crazy category’



Why should property in Ukraine be more expensive than the following countries in the EU? :
Malta, Slovenia, Romania, Cyprus, Latvia, Estonia, Croatia, Lithuania, Hungary, Portugal and Bulgaria
So we can say that Ukraine is more expensive than 12 EU countries.
See: http://www.globalpropertyguide.com/Europe/square-meter-prices



What is so special about Ukraine? Some locals will claim that it is due to the demand of not enough housing stock in the first place and people just want to have their own place to live and are prepared to do anything to have their own place of residence. Some property developers would claim it is just a simple of case of supply and demand."



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