The crisis in the primary market of residential real estate of Crimea overcome





04.05.2011 11:25
Real Estate Market Analysis | The crisis in the primary market of residential real estate of Crimea overcome Consulting company "RealEkspo"(Kiev) has monitored the Crimea and the newly analyzed the situation, took place in the first quarter of 2011. Said director of the company RealEkspo "Victor Kovalenko.

As of April 28, 2011 in the base portal www.zagorodna.com were 416 new buildings in 20 suburban regions of Ukraine, including 197 new buildings in the Crimea (47.35%), which took first place in the number of new buildings in Ukraine.
By the number of new buildings, compared with January 2010, there was 13 new projects that the percentage of growth in 7.06%.


количество новостроек в Крыму, апрель-2011
According to Victor Kovalenko, "as of April 28 of the 197 newly Crimea 40,6% (80 buildings) are located on the territory of Yalta City Council, including the Yalta Gurzuf Simeiz Koreiz, Livadia, Gaspra, Massandra etc.
For the period January-April 2011 in the base portal appeared six new objects.

Second place among the regions of Crimea on the number of new buildings at Sevastopol: 38 new buildings, new buildings that .4 higher than at the beginning of the year.

Third place - in Alushta city council - 23 new buildings, including Alushta, Partenit, Maly Mayak, cypress, and others. "
Here, the number of objects left at the same level.

Number of new buildings in the Crimea
(April 2011, according to the company RealEkspo)
Districts
Number of objects
built
constructed
project
frozen
 
 
December - 2010
April - 2011
December - 2010
Apri - 2011
December - 2010
April - 2011
December - 2010
April - 2011
December- 2010
April - 2011
 
Alushta
23
23
7
8
13
12
3
3
3
4
 
Bakhchisarai
4
4
2
2
2
2
 
 
 
 
 
Evpatoria
5
6
2
2
3
4
 
 
 
 
 
Kerch
8
8
1
1
7
7
 
 
 
 
 
Saki
1
2
 
1
 
 
1
1
1
1
 
Sevastopol
34
38
5
8
29
30
 
2
1
2
 
Simferopol
15
16
1
2
14
14
 
1
 
1
 
Sudak
3
3
 
 
3
3
 
1
1
1
 
Feodosiya
16
16
1
2
13
12
2
2
2
2
 
Chernomorskiy
1
1
 
 
1
1
 
 
 
 
 
Yalta
74
80
26
30
40
43
8
8
5
8
 
Total
184
197
45
56
125
129
14
19
13
19
 


The tables and graphs show that the crisis in the primary market of residential real estate of Crimea, on the basis of quantitative indicators overcome.

Out of 197 new buildings of the Crimea in 56 construction is completed, an increase of nine new buildings, compared with December, 2010.
In 128 new buildings (64.97%) are under construction and sales, and only in 13 new buildings planned to start construction.
In the Crimea in 2011, plans to build 15 new facilities.

By the number of "frozen" buildings Crimea Kyiv region is catching up: in 19 new buildings construction is suspended, an increase of six new buildings, compared with December 2010.

Average cost of 1 sq ft in new Crimea fell within the 1 st quarter to $ 9 (-0.53%) and was as at 28 April 1692 the dollar.

Minimum price in new Crimean notes at 413 dollars / sq ft in a newly built house on the lane. Tank in Feodosia and reaches a maximum of 10000 dollars / sq ft apartment in elite residential complex "Golden Beach" in Kurpatov Yalta City Council
Статистика цен по новостройкам Крыма, апрель-2011
The cheapest is a square meter of housing in the Black Sea region ($ 700 / m), and the most expensive, in new buildings, located on the territory of Yalta City Council (2422 U.S. $ / sq ft). The closer to civilization, entertainment, and to the sea, so the cost is more expensive.

During the reporting period, most of cheaper housing in the area of ??the Black Sea and Sevastopol.
Price increase occurs in the vicinity of Yalta, Evpatoria and Feodosia.
In Saki Region Russian company sells apartments in the storm "Milky Way" with high costs, the "square" -1800 dollars, which is influenced by the average cost of 1 sq.m.
Regarding the types of real estate in new Crimea, the prevailing flat (68%) over the apartment (63 new buildings).
The cost of real estate in the apartment is much higher than in apartments.

Cost of 1 sq. m of housing in new buildings of the Crimea, U.S.

(April 2011, according to the company RealEkspo)
 
Districts
Price (U.S. $ / sq.m.)
min
min
max
average
December - 2010
April - 2011
December - 2010
April - 2011
December - 2010
April - 2011
Alushta
939
939
4100
4100
1978
1903
Bakhchisarai
650
650
1800
1800
1212
1212
Evpatoria
512
512
1450
1500
933
1069
Kerch
712
712
1318
1318
934
934
Saki
 
 
1800
Sevastopol
625
650
3530
3530
1238
1169
Simferopol
600
688
2890
2890
1128
1126
Sudak
670
620
926
926
832
832
Feodosiya
413
413
1150
1150
784
813
Chernomorskiy
930
700
930
700
930
700
Yalta
623
623
10000
10000
2364
2422
Total
413
413
10000
10000
1564
1692

В
Crimea analysts' RealEkspo "noted the following trends:
number of built in 2007-2009 housing, but so far unrealized, of 24% (44 properties) of the total number of new buildings in the region;
predominant type of property, taking into account the specifics are apartment complexes, recreational and elite new buildings near the sea;
Despite the crisis, housing prices in many handed new buildings and those on a high stage of readiness, not very different from the pre-crisis;
developers and builders of the Crimean apartment in no hurry toto lower the price , hoping for the return of wealthy investors from neighboring countries ;
among developers and builders noticed a lot of companies with Russian roots who invested and invest in the construction of luxury housing in the Crimea.


Victor Kovalenko

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