Yuriy Pita, president of the Association of Real Estate Specialists, said foreigners are increasingly buying housing in Ukraine. These are mainly citizens of Canada, Israel, and Spain. According to him, the real estate market in Ukraine has been significantly revived.
Several factors explain the increase in demand. First, it is delayed demand. At the beginning of the war in Ukraine, many people planned to buy real estate, but due to the unstable situation in the country, they postponed these plans. Now that the situation has become more predictable, these buyers are implementing their plans.
Secondly, Ukraine has attractive conditions for investment in real estate. Typically, these investments are more profitable than bank deposits.
Thirdly, Ukraine does not have many alternatives for investing funds. Foreigners choose the Ukrainian real estate market because it is stable and promising. Even with the risk of destruction, which exists in any country, foreigners are ready to invest in housing.