Property prices in Ukraine keep growing sharply, Finance.ua reported based on data by Ukrstat.

Ukrainian homes are getting pricier

Cheap prices for apartments in Ukraine may soon become a thing of the past, looking at how fast property values are rising.

In the third quarter of 2019 (July-September) prices for newly built apartments were 6.4% higher than a year ago. The secondary market has recorded 11.8% increase.

Dynamics of rising property values:

• New 1-room apartments: 5% increase
• Lived-in 1-room apartments: 11.9%
• New 2-room flats: 6.3%
• Old 2-room flats: 12.4%
• New 3-room units: 10.2%
• Old 3-room units: 11.5%

In September 2019 the average price per square meter in newly built buildings in Kyiv city reached 27,064 hryvnia (USD 1,085). It’s 2.9% increase as compared the previous month.

In just one year the average cost per square meter in new high-rises in Kyiv region went up by 7%. It’s substantially lower than in the capital: Only 13,500 hryvnia per square meter (USD 541), or two times cheaper than in Kyiv itself.

Read also:

• How much does it cost to rent an apartment in Kyiv, Ukraine?
• Most popular price range for apartment purchases in Ukraine
• What to do if a Ukrainian woman asks you to go shopping?
• From Kiev to Germany for 5 Euro? Yes, sir!