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The prices for real estate in Crimea
As shows the analysis of the propositions in the CSC real estate agencies, in 2007 on the secondary market the apartments with capital repairs, domestic services and not far from the shore cost averagely $1400 for 1 sq. meter. The apartment not far from the shore, without repairs, but refitable into profitable real estate is about $17002.
The prices for luxury suites or apartments in complex buildings’ with complete set of communications and service objects, green zone and playgrounds fluctuate between $2700 and $5000 for a sq. meter.
Due to the beginning lack of health-resort land in Crimea the plots at the foothills gain popularity. In Crimean real estate agencies depending on the surrounding landscape (view to the sea and mountains) distance to the shore, possibility of building and proximity of communications the prices fluctuate from $9700 to $20 000 for 100 sq.meters.
According to the information from realtor agencies (“Delovaya Ukraina”), the demand for ready-made mansions lowered; today the preferred real estate in Crimea is situated in recreational zones, in cottage settlements of “deluxe” and “business” class. In Big Yalta’s settlements the building is mainly held in Gurzuf, Koreiz, Mishor, Haspra and Beregovoe - about 30 sites total. The price for a sq. meter in these new buildings not far from the shore, in park zone is $1500. As for the price for the new ready-made apartments and cottages with modern amenities is $2700 for sq. meter. The prices for a sq. meter in new buildings change over a period of building for it is not a process of one day - the price includes the building materials’ and contractor services’ rise in price. A nice surprise is waiting only for those who purchase the real estate in “Neptune Centre” complex: the price for a sq. meter of a luxury suites is fixed on the level it had at the moment of signing a contract. In addition you have an opportunity to choose luxury suite on our 3-D model - only one mouse click separates you from the new opportunities for vacation and business.
Crimean real estate market has very evident seasonal fluctuations: most of the immovable property is sold in a holiday time and it influences prices significantly.
As LIGABusinessInform states, in the first 6 months of 2007 the price rises in the central region and center-bordering areas of Yalta reached 35%. Maximum rise for the last 5 months took place in Gurzuf, Nikita and Simeiz. The demand is much higher than the proposition and it dictates adequate price rise.
