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Real Estate in Ukraine | Expat Exchange
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Real Estate in Ukraine

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SJB Global

By Betsy Burlingame

Last updated on Apr 10, 2023

Summary: An expat looking to buy a home in Ukraine should begin by researching the local real estate market and familiarizing themselves with the different types of properties available. They should also consider their budget and the type of amenities they are looking for in a home. When searching for a home to buy in Ukraine, expats should look for properties that are in good condition and have all the necessary amenities. These typically include a kitchen, bathroom, living room, bedrooms, and a balcony or terrace. Other amenities may include a garden, garage, or storage space. Foreigners are allowed to own property in Ukraine, but there are some restrictions. For example, foreigners are not allowed to own agricultural land or land located in certain areas. It is also important to note that foreigners must obtain a permit from the Ukrainian government in order to purchase property.

How do I find a place to live in Ukraine?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"One way to find a place to live in Ukraine is to search online for rental listings. Websites such as Airbnb, Booking.com, and Expedia offer a variety of rental options in Ukraine. Additionally, you can search for rental listings on local classifieds websites such as OLX and Avito. You can also contact local real estate agents who specialize in rental properties in Ukraine. Finally, you can ask friends and family who live in Ukraine for recommendations," said one person in Ukraine.

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What is a typical expat home or apartment like in Ukraine?

"One incredible option is to rent furniture from Home Essentials. If you look for an empty apartment, they can fill it with new items. Often the furniture in the homes is older and dated. Home Essentials (Kremenets & Kiev) is the only company that rents furniture in Ukraine," said one expat who made the move to Ukraine.

"Expat homes and apartments in Ukraine tend to be modern and comfortable, with a range of amenities to make life easier. Many expats choose to live in larger cities such as Kiev, where they can find a variety of housing options, from luxury apartments to more affordable options. Expat homes and apartments typically feature modern appliances, air conditioning, and internet access. Many also come with balconies or terraces, providing a great place to relax and enjoy the views," explained one foreigner living in Ukraine.

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What is the average cost of housing in Ukraine?

If you are thinking about moving to Ukraine, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The cost of housing in Ukraine varies depending on the location and type of property. Generally, the cost of renting an apartment in Ukraine is relatively affordable compared to other European countries. Prices for apartments in the capital city of Kyiv tend to be higher than in other cities, but still remain relatively low compared to other European capitals," explained one expat living in Ukraine.

Should I buy or rent a home in Ukraine?

If you have not spent a lot of time in Ukraine, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"We moved in with my Ukrainian mother-in-law, into her two-bed apartment. I invested time and money refurbishing the place. I agree to pay all the bills which, for the three of us, averages at 750 uah per month (£20.50). We are thinking about buying a house in one of the surrounding villages, which is a good option if you drive. You can pick up a 3 bed house relatively cheaply, and it's great to have your own "dacha" in the summer near a river of forest," said one expat who made the move to Kharkov.

"Buying a home in Ukraine can be a great investment, as the country is experiencing a period of economic growth and stability. However, it is important to consider the cost of living in Ukraine, as well as the availability of financing options, before making a decision. Renting a home in Ukraine can be a more affordable option, as it allows you to enjoy the benefits of living in the country without the long-term commitment of buying a home. Additionally, renting can provide more flexibility if you are unsure of how long you will be staying in Ukraine. Ultimately, the decision to buy or rent a home in Ukraine should be based on your individual needs and preferences," explained one foreigner living in Ukraine.

"rented through an agent with the help of my partner. Very easy and did not even give first and last month rent , only first. We have 2 bedrooms , furnished nicely, flat screen tv, high speed internet, grocery shopping and parks in immediate vicinity as well as recreational facilities as mentioned above. Cost 550. to 600. US $ per month includes everything, except food of course," said one in Kharkov.

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What do I need to know when buying property in Ukraine?

When we asked expats what advice they would give a foreigner before buying a property in Ukraine, they said:

"1. It is important to research the local market and understand the legal requirements for purchasing property in Ukraine. 2. It is advisable to seek legal advice from a qualified lawyer who is familiar with the local laws and regulations. 3. It is important to ensure that the property is registered with the local authorities and that all necessary documents are in order. 4. It is important to check the title deed of the property to ensure that it is free from any encumbrances or liens. 5. It is important to be aware of any taxes or fees that may be applicable when purchasing property in Ukraine. 6. It is important to be aware of any restrictions or regulations that may apply to foreign buyers. 7. It is important to be aware of any potential risks associated with purchasing property in Ukraine. 8. It is important to ensure that all necessary paperwork is completed and submitted to the relevant authorities," explained one person living in Ukraine.

Are foreigners allowed to own property in Ukraine?

When we asked expats what advice they would give a foreigner before buying a property in Ukraine, they said...

"Yes, foreigners are allowed to own property in Ukraine. According to Ukrainian law, foreign citizens and stateless persons are allowed to own real estate in Ukraine, including land, buildings, and apartments. However, foreign citizens and stateless persons are not allowed to own agricultural land in Ukraine. Additionally, foreign citizens and stateless persons must obtain a permit from the Ukrainian government in order to purchase real estate in Ukraine," said one in Ukraine.

What appliances are typically included in a rental?

We asked foreigners in Ukraine what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"In Ukraine, rental properties typically include a refrigerator, stove, oven, washing machine, and air conditioning unit. Other common appliances may include a microwave, dishwasher, and water heater. Furniture may also be included in the rental, depending on the agreement between the landlord and tenant," said one person in Ukraine.

Additional Information about Searching for a Home in Ukraine:

We asked foreigners in Ukraine what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...

"Expats can search for homes in Ukraine by looking online for real estate listings, contacting local real estate agents, and networking with other expats who may have knowledge of the local housing market. Additionally, expats can look for housing through online expat forums and social media groups, as well as by attending local expat events and meetups," wrote one expat who made the move to Ukraine.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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