Author Archives: Marian Tsap

Real estate market Lviv Ukraine May 2016

The Lviv appartment market will stagnate in 2016 but for renters, 2016 will be a difficult year, as rents continue to rise strongly.

2016_05_30_graf_sq_m

Price per square meter appartment in Lviv Ukraine. October 2016

DistrictValue USD/sq.m.
Halytskyy1110
Zaliznychnyy780
Lychakivskyy830
Shevchenkivskyy790
Sykhivskyy700
Frankivskyy840
Average650

Glut of new-build properties leads to falling prices in lviv, Ukraine

Prices for flats in some parts of lviv are likely to fall as an oversupply of properties and currency fluctuation in 2016.

There is significant relationship between key foreign currencies, new-builds and Lviv (Ukraine) real estate prices.

For more real estate market information, please contact to advisor.

 

Price per square meter and dynamics prices of apartment in lviv Ukraine (USD per sq.m.)

Price per square meter appartment in Lviv Ukraine. February 2016

DistrictValue USD/sq.m.
Average850
Halytskyy1100
Zaliznychnyy850
Lychakivskyy900
Shevchenkivskyy850
Sykhivskyy750
Frankivskyy900

Dynamics prices of apartment in lviv Ukraine (USD per sq.m.)

2016_02_25_graf_sq_m

Apartment price per square meter in Ukraine Lviv

Among countres Ukraine takes 20 place in rating for average per square metre (sq. m.) prices of 120-sq. m. apartments located in the centre of the most important city of each country. (source: global property guide).

Neighboring is a Slovenia, Andorra, Turkey, Malta.

For example average price per square metre (sq. m.) in Monaco €44,522; UK €25,575; Russia €11,866; Italy  €5,930; Ukraine €2,807; Poland €2,482; Estonia €2,373; Romania €1,537; Hungary €1,528.

In Ukraine the most high price have Kiev. Average price per square metre appartment (not premium) USD 1475.

Lviv also among fist place with price USD900.

But if we compare indicators such as gross national income per capita, population city, average annual wages we have model that will permit do forecast. Simple calculation gives result, that average price in Lviv is USD500 -USD800.

So maybe price will decrise.