What kind of housing do Ukrainians look for?

What kind of housing do Ukrainians look for?
21 Nov 2022

Notaries put the average price per m2 paid by Ukrainians for houses in the first half of the year at 1,612 euros, well below the average for foreigners as a whole (2,062 euros/m2). It is, in fact, the fourth nationality with the lowest average amount, only surpassed by Ecuadorians (1,198 euros/m2), Romanians (1,097 euros/m2) and Moroccans (964 euros/m2); and it is far from the more than 2,700 euros/m2 that buyers from northern Europe and the United States paid on average between January and June. Therefore, it is mostly medium-low priced properties.

The profile of applicants for housing from Ukraine is that of "families with children, and in some cases single women with children, who have public aid, as well as citizens who come with the stigma of everything that is happening in Ukraine."

In most cases, emphasizes Bermúdez, they are potential buyers of "a medium-low purchasing power, who are looking for flats without great demands and who look closely at the price." The deputy general manager of Donpiso also adds that, in general, they want properties with two or three bedrooms located in provincial capitals or medium-sized towns, and near Madrid and Valencia in the case of the real estate group.

However, there are real estate agencies that also detect a demand within the luxury market. They affirm that they are noticing a boost in demand since the beginning of summer and not only in the purchase market, but also in the rental market.

“The most common profile is families looking for homes with terraces and/or houses with gardens. The average price of rentals that we are closing is 3,200 euros per month and in terms of sale from 500,000 euros ”,

I would venture to say that Spain is the most popular destination for Ukrainians and therefore expats who have the ability to buy buy property both for temporary housing and investment.”

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