According to the latest information, Ukrainian banking market is slowly recovering from the economic downturn as lenders increase the number of approved mortgages.
The number of banks that actively introduce new mortgage offers has risen to 18% in July, up from 7% in January.
In addition to this, real estate prices are beginning to decrease because of enhanced mortgage availability.
However, all these positive trends did not positively affect buyers’ demand in Ukraine.
Let us remind that on August, 13th, Odessa will host land auction. Ironically, the number of lots which will participate in the auction also amounts to 13.
To participate in the auction, please, register by August 9th.
Registration start at 9.30 and finishes at 10.45 every business day.
Unregistered members are not allowed to take part in the land auction.
A new land aution is Odessa, Ukraine in less than one month.
On August 13 2010, Odessa City Council Municipal Land Resources Department will host it in its office at 11 a.m. It will feature approximately 13 land lots.
Everyone willing to register for the auction should refer to 6, Chernyakhovskogo street not later than August, 9.
According to the latest data released by SV Development, the price of apartments in Odessa increased by 7% in 6 months.
In the time period between January 1 and July 1, the price of an average Odessa apartment grew to $1,502 per 1 square meter.
SV Development specialists noted that Kotovsky Village remained the most inexpensive district of Odessa, with prices reaching $1,154 per square meter. Meanwhile, Primorsky district saw the most rapid growth of prices (7,84% in 6 months), which reached $1,727 per 1 square meter.
According to the estimations of Olymp-Consulting, real eatste prices are continuing to rise in Odessa.
As such, Malinovsky district retains the leading position with house prices increasing to $1170 per square meter (up from $1166 per sq.m.).
Growth was also registered in Suvorovsky district, where the price of apartments went up by $10, reaching $994 per square meter.
According to the figures recently revealed by SV Development, an average price on Odessa apartments fell by 26% in the year of 2009 to $1,401 per square meter with Kotovsky village being at the end of the list ($1,082) and Primorsky region being at the top ($1,601).
