March – April 2016. The trend – decline in the real estate market continues Lviv

The trend of stable prices creep slightly down. However, the “prestige” apartment prices stable, probably due to their low offer. Buildings falling building mass series, new lower bit rate.

Price per square meter appartment in Lviv Ukraine. March 2017

DistrictValue USD/sq.m.
Halytskyy1130
Zaliznychnyy790
Lychakivskyy855
Shevchenkivskyy775
Sykhivskyy695
Frankivskyy845
Average820

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

2016_04_21_graf_sq_m

How to become an appraiser in Ukraine

Appraisers estimate the cost and value of commercial or residential real estate properties, business, assuring that the appraisal process complies with state regulations.

Appraisers may have a general practice or specialize in either residential or commercial properties, business.

Career Requirements:

  • Degree Level: Associate’s degree, bachelor’s degree
  • Trainin: Teaching, training, exam
  • Licensure and Certification: State certification required

Qualification certificate:

  1. Valuation of objects in material form
  2. Assessment of integral property complexes, shares, securities, property rights and intangible assets, including rights to intellectual property

The main law regulating appraisal activity in Ukraine is the law “On appraisal of property, property rights and professional appraisal activity” from 12.07.2001.

Four steps how to Negotiate the Price When Buying a House

  1. Determine your walk-away price
  2. Assess your dream house
  3. Make a tough opening offer
  4. Negotiate a lower price

Note:

Sales prices are better indicators of true market value than asking prices

Sellers who won’t discuss their asking price in relation to similar homes in the neighbourhood are not serious sellers. They are either in two minds about selling or just want to find out how much they can get for their property.

Cash flow

Cash Flow – сash that is generated over a period of time by an asset, group of assets, or business enterprise. Usually used with a qualifying word or phrase.

The cash flow distinguishes between three main types of cash flows:

– operating cash flows (CFO), is/are cash received from profit-generating activities, for example, sales, and cash used in profit-generating activities, such as cash salaries and cash paid to suppliers

– investing cash flows (CFI), is/are cash received from selling non-current assets, so for example, selling old machinery; and financial investments, for example, cash invested in the purchase of machinery and buying financial investments.

– financing cash flows (CFF) is/are the cash received from issuing shares and borrowing, and cash returned to shareholders and lenders

SWOT Analysis

When examining the potential for a new business or product, a SWOT analysis can help determine the likely risks and rewards. SWOT, which stands for Strengths, Weaknesses, Opportunities and Threats, is an analytical framework that can help your company face its greatest challenges and find its most promising new markets.

Situation analysis: internal analysis (Strengths, Weaknesses)

Situation analysis: external analysis (Opportunities, Threats)

SWOT: Strengths; Weaknesses; Opportunities;Threats