Should I buy an apartment now? Is it worth it now to buy an apartment in Ukraine or Crimea?

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Should I buy an apartment now? Of course, this question will always be relevant, because for a person, owning his own living space is an essential condition for a happy family life.

The question of whether it is worth buying an apartment now is of fundamental importance for those who consider real estate as a profitable investment. One way or another, but it is impossible to answer it unambiguously, since today there are both pluses and minuses of such a deal.

Construction slows down while demand rises

It should be emphasized that in general, apartments in our country have fallen in price over the past year. And it is at the present time that you should buy housing, which, according to experts, will definitely increase in value after a while. In other words, to the question: “Is it worth buying a house now?”, Should be given a positive answer. Why?

The fact is that over the past 12 months, the volume of planned construction has decreased by a third, which will contribute to an increasedemand for square meters.

Devaluation of the national currency is a positive factor for the purchase of housing

It's no secret that those who saved their savings in US currency were in an advantageous position. For them, the question of whether it is worth buying a home now is as clear as “God's day”. Everyone knows that housing prices are pegged to the ruble, and the national currency is regularly depreciating against the dollar. Naturally, if a couple of years ago, buying an apartment with the accumulated "green" purchase of an apartment was a rather difficult task, today it has become much easier. Moreover, experts say that the dollar is not going to become cheaper in the future.

Does it make sense to buy property in big cities

It should be noted that it is currently profitable to purchase housing in the metropolitan metropolis or the nearest suburbs.

In particular, the territory of the "new Moscow" is rapidly expanding, population growth is increasing, which means that demand for apartments in these areas is not far off. Having bought now one-, two-room apartments in new buildings near Moscow, you can profitably sell them in a few years.

Real estate investment

The purchase of housing should now be considered by those who have free capital and who do not know where it can be invested. Ruble deposits today will not bring significant profit, but the money invested in real estate is unlikely to depreciate. Residential apartments with developed infrastructure are always availablesell quickly, well, or rent out - which will also bring a good profit.

Is mortgage lending profitable today

Of course, many are concerned about the question of whether it is worth buying an apartment with a mortgage now.

To be fair, it should be noted that a significant part of the banking structures have now begun to “curtail” mortgage lending programs. Moreover, earlier interest rates on them increased, as the Russian Central Bank raised the discount rate.

In particular, Sberbank stopped issuing mortgages secured by an apartment and a car for a certain time.

When considering what will happen to loans for apartments, one should focus on the following: “What will be the demand for them?” Some experts believe that given the current situation, interest rates in rubles may reach 20%. Naturally, in such a situation, there are few people who want to get a long-term loan. Those who urgently need to improve their living conditions can go to such onerous conditions. However, they will try to take loans for the shortest possible time. All this will reduce the demand for housing. What will it mean? Only that apartments will become cheaper.

At the same time, another part of the analysts says that the ruble exchange rate will fall in parallel with the reduction in oil prices, which will ultimately provoke a “freeze” in the housing construction market. Thus, there will be fewer offers, but prices in rubles will remain.

To take a mortgage or not to take? If housing prices continue to fall, then you can still take the risk. However, if they remain fixed for some time, the mortgage lending market will not develop. One way or another, but experts do not recommend concluding a loan agreement for the purchase of housing this year, due to the existence of serious financial risks. In any case, there is a high probability that the conditions for obtaining a loan for the purchase of real estate will be tightened by the bank.

Is it necessary to invest in new buildings

Quite relevant is the question of whether it is worth buying an apartment in a new building now? According to most analysts, prices for new buildings in rubles will go up. This is partly due to the fact that many developers and sellers are accustomed to setting the value of real estate in US and European currencies. In addition, the rise in prices was provoked by the rise in prices for building materials and other services provided by developers. In other words, the cost of goods rises, and construction companies do not want to incur losses in this regard. Thus, the cost of new buildings put into operation today is comparable to the prices at which objects belonging to the secondary housing category are sold.

The increase in prices for apartments in the new building also provoked an increase in the mortgage discount rate set by the Central Bank.

However, the demand for new buildings has decreasedinsignificant. Many people buy "primary" because it is still cheaper than housing category "used". Making a transaction for a new building is more simplified than for an object of the secondary real estate market. In addition, residents can independently choose the layout of the apartments, which is also an advantage of buying an object of the “primary” real estate market category.

So, is it worth it now to buy an apartment in a new building in 2015? If you have free funds that you want to invest profitably, then, of course, yes. However, an important caveat should be made here: you need to deal only with a reliable developer or a construction company that can provide serious bank guarantees.

Does it make sense to invest in the pit today

In this regard, I would like to warn those who are interested in the question: "Is it worth it now to buy an apartment in a house under construction"? There are huge risks here that the financial potential of the construction company will not allow to complete the construction of a residential facility. In any case, you must take certain precautions: check the agreement concluded with the developer for its compliance with the law governing shared construction. Also, do not forget that this document must go through the registration procedure with government agencies. In addition, make sure that the builder has a credible reputation.

This can be done using various informationresources by reviewing and analyzing the reviews of those people who used the services of the developer. And, of course, ask the construction company for copies of permits for the construction of a particular property.

Prospects for buying a home in Crimea

Today, many Russians show considerable interest in the question of whether it is worth buying an apartment in Crimea now. It would seem that after the peninsula has become "Russian", the prospects for acquiring housing open up the most rosy. Still a resort area. However, one should not forget that the Crimean real estate market today needs serious investments from the state. First of all, it is necessary to qualitatively upgrade the infrastructure of the region, which will make it possible to make the supply of building materials cheaper - only in this case, the prices for residential apartments in the Crimea will be acceptable. Currently, the peninsula is recording an increase in demand for housing in the secondary market category. Russian businessmen who plan to open a hotel business show particular interest in it. Representatives of medium-sized businesses are also eyeing Crimean apartments.

The state of affairs in Ukraine

Certainly, there are not many Russians who would be worried about the question of whether it is worth buying an apartment in Ukraine now. But there are some. So…

It is not the first month that we have to state that the real estate market in this country is going through hard times. Sales volumes have fallen to a minimum, a tense environment andthe crisis in the economy has a negative impact on its development.

It should be noted that experts warn to buy housing in Ukrainian new buildings, as local developers are building them, as they say, with their last effort. As for the objects of the category of the secondary housing market, today many Kievans tend to sell apartments at reduced prices, since the "lull" in the market will dominate for a long time. The leading positions in terms of sales today are occupied by Kyiv, Dnepropetrovsk, Kharkov, Odessa regions.

Some are interested in the question: “Is it worth buying an apartment in Kharkov now?” It should be noted that the demand for apartments in this Ukrainian city has decreased by almost three times. Currently, only up to three hundred objects are sold and purchased per month. According to analysts, apartments are bought primarily by those who have savings in foreign currency. Thus, they provide themselves with the opportunity to earn money by renting out housing.