According to SV Realty, the average cost of a car is now comparable to the price of an apartment in Kyiv, and sometimes even exceeds it. This puts buyers in front of a difficult choice: what is more profitable to buy — a car or real estate.
The reason is that prices for apartments in Kyiv new buildings in hryvnia have remained almost at the same level, while cars have become several times more expensive in the national currency. Therefore, it is not surprising that more and more people prefer to invest money in housing.
It is worth considering that payment for an apartment in hryvnia is often not made immediately, but is spread over a period from six months to two years, with no interest charged. But with a car, such a scheme will not work — even special credit programs will not make buying a car in installments as profitable.
As a result, for the first time since the 90s, a situation has arisen where prices for housing in Kyiv new buildings are at the level of an average car or even lower. For comparison, in the early 2000s, even apartments in poor condition cost more than new premium-class cars.
Based on materials from AUTO-Consulting
