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Real-estate has literally transformed in Kiev and the
Ukraine. Apartments that could have been purchased for $30,000.00 in
2001 are now selling for $300,000.00! Kiev has become one of the most
expensive cities in the world. Real estate and apartments have become a
major factor in the economy of Kiev and the Ukraine.
Investing in real estate has become
extremely popular with both Ukrainians and foreign
investors.
With a world slowdown of real-estate the Ukraine and
Kiev specifically seems to ignore the laws of economics and gravity!
With apartments sales down 70% in 2007 in Kiev prices still increased
40%. |