To earn money on rentals, Kiev mass buying up apartments

20.11.2012 01:15
Articles about real estate |  To earn money on rentals, Kiev mass buying up apartments In the capital has again started to grow, the demand for the purchase of apartments with a view to последующией renting them to. So, as of November, the number of apartments purchased for further leasing, and not for his own residence has already reached 7-10% of the total number of transactions.

It should be noted that for the first time after the crisis this trend began observed more in the beginning of 2012. Then, on the eve of EURO-2012, the number of acquired under the hotel business flats reach 15-16% of the total number. However, immediately after the end of the championship the share of such transactions has decreased almost by 1%.

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With the beginning of autumn the demand growth resumed, and by the middle of November the number of apartments purchased under the business increased to nearly 10%. Thus, in 2010-2011, about 96% of apartments were bought for his own residence.

According to the realtors, the reason for this trend lies in the fact that today many Ukrainians refused from the savings of cash in banks. More and more people are beginning to consider the purchase of the property as a more efficient investment, which will allow them to not only save money, but also get an additional monthly income.

By the way, at the preservation of this trend for the spring of 2013 share purchased under the business apartments can grow up to 12%.
Content tags: Property Regions
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