Apartment for rent Kyiv

Nowadays the apartment for rent Kyiv market has been going through the certain boom. Let’s talk about the reasons which have caused such a process and about the peculiarities that accompany the developing of this sector at the market in Kyiv.

Firstly, it should be noted, that the continuing world crisis has struck the real estate market not only directly. Talking about Kyiv, we have to state a fact that the great number of newcomers has left when a quantity of working places has decreased. Furthermore, income and salaries have decreased, that means that a possibility to rent has also been reduced.

It has become more profitable for a landlord in Kyiv to lease apartments daily. Just therefore this market has felt the inflow of those subjects that have dealt before with long-term rent.

Secondly, the reason for changing of market condition was the European football championship. Because of this very event even those who weren’t engaged in this business began to lease apartments daily.

Certainly, many landlords have left the market, but the summer revival has its consequences even nowadays.

Thirdly, multivectorial processes taking place in hotel sector enable the market developing. On the one hand, the number of inexpensive hotel rooms in the capital isn’t so huge, with many of them dating back the Soviet hotel complex, falling into decay and not meeting minimum required standards. And investors aren’t in a hurry to invest this sector. On the other hand, new hotels raised their payment standard up too high.

Apartment for rent Kyiv is in a constant demand. Together with the growing number of guests in Kyiv there is an increasing number of those who prefer to have apartment for rent Kyiv for short period of time for meetings, birthdays’ celebrations and New Year’s Party.

We can make some conclusions. The daily rent market has been developing rapidly, but the competition is very high. Apartment maintenance costs together with taxes have been growing much. Profitability is low, but at the nearest time supply and demand will make level.