At a huge distance of 1,600 km from the conflict zones with a quiet and secure routine life, the population of the city of Uzhhorod jumped by over 50% in the number of registered residents and tens of thousands of unregistered immigrants who become permanent residents, establish businesses, integrate into everyday life. Uzhhorod is an ultimate solution For citizens looking for peace and security.As a result, the demand for apartments and rentals is increasing and apartment prices have jumped by more than 52% and the upward trend continues.
Although the fighting in eastern Ukraine has not yet ended, according to an analysis by OLX Real Estates experts specializing in international real estate, it can already be stated that the situation in the country has created extraordinary real estate opportunities. An excellent example of this is the city of Uzhhorod, which lies at the foot of the Carpathian Mountains, located at a huge distance of 1,600 km from the conflict zones and where routine life is quiet and full of security. Thanks to its location on the border triangle with Hungary and Slovakia, Uzhhorod is an ultimate solution for citizens looking for peace and security.
In this way, the war created the extraordinary opportunity to own an apartment in a sought-after location and at an unbeatable price.
Already in the current situation, whoever buys an apartment makes a profit, and when the war is over, the profit potential is huge! One of the most talked about projects in the city is the "FREEDOM" project of the VILNY real estate company.
The jump in apartment prices in Uzhhorod is not surprising. According to official OECD data, on the eve of the outbreak of the conflict, the population of the city of Uzhhorod numbered only about 120,000 inhabitants, while today, the city's population has grown in an extraordinary way and stands at about 400,000 - 500,000 inhabitants, with the numbers only increasing. The combination of an extraordinary increase in the population in a short time together with a winning location and economic reforms that increase the range and frequency of transactions - like the locals, the investors also understand that this is a unique opportunity that will not be repeated.
"Our clients express trust in us with every new project," according to Gal Kolani and attorney Gal Harel, owners of the real estate company G-International Real Estate, which exclusively markets the project. "We believe in personal accompaniment and providing a complete envelope to our customers and accompany them hand in hand all the way. We guide our customers through the entire process of purchasing the apartment, managing it, renting it and selling it according to the customer's requirements."
Kolani and Harel add that "FREEDOM is a unique project in which we expect a rapid increase in value for our clients. The combination between the perfect location and the current point in time, when real estate prices in Uzhhorod are only rising and there is a significant increase in the return on the fund, means that we and our clients see FREEDOM as one of the most attractive projects in the real estate market today."
The project includes a magnificent complex that combines residences and commerce in a perfect architectural design, and according to estimates and similar projects in the area, it is expected to generate an annual return of approximately 11%. No wonder Ozhorod has become a hit among Israeli investors. With an equity capital of only 15,000$, you can already enter the most talked about project in the city and receive extremely favorable payment and financing terms that have never been seen before.
47,000$ to become 75,000$
According to the local real estate companies, apartments that were sold at the beginning of the project for 47,000$ today are sold for 75,000$ at the stage of receiving the key. These are extremely rare numbers in the real estate world. The estimate of the expected yield from rentals, as mentioned, is about 11% and is based on an in-depth analysis of the transactions conducted near the project as well as according to the increase in the value of the apartments in the area. Citizens and investors are flocking to Uzhhorod mainly because of the profit potential and the expected jump in the value of the apartments.
The price includes everything - The apartments will be delivered fully furnished and equipped in accordance with the terms of purchase. The apartments are carefully designed and planned according to the highest standards, which meet all the needs of the apartments.
Only 5,000$ with signature
These days, G-International is launching the project and offers particularly favorable payment terms, so that buyers can join the project by paying only 10% of the apartment's value - that is, starting from only 5,000$ at the time of signing an agreement. The rest of the amount will be paid according to the rate of construction progress until the stage of receiving the key.
G-International explains that the huge profit expected upon receiving the key is based, among other things, on unique opportunities and attractive prices that have been created, in addition to the fact that in Ukraine, there is a large difference between the prices received during the construction phase and the apartment prices during the delivery phase.
For example, residents who purchased an apartment during the foreclosure in pre-war times saw a value increase of approximately 50% and more upon receiving the key. Most of the buyers in the previous projects still own the apartments they purchased, with the aim of continuing to enjoy the upward trend in the value of the apartment, and also an expected monthly return of 11% thanks to renting the apartment.
Based on the above and the attractive payment terms, dozens of returning investors of G-International chose to join the project FREEDOM and buy an apartment already at the presale stage. The apartment buyers have already enjoyed extraordinary increases in value in the past and have chosen again to express confidence in the company and the projects it markets.
In addition, and in order to provide the buyers with maximum security, the project is accompanied by the attorney firm Avraham Lalum & Co., which specializes in foreign real estate transactions, and has even developed a supervised purchase mechanism for the purpose of conducting transactions in a model that simulates the Israeli sales law. The mechanism allows for almost Risk-free because it is carried out in installments, according to the progress of the project, and is supervised in Israel.
Central location and a prestigious project
With meticulous and prestigious architectural planning, the project was built on the central Hrushevskoho Street, which is located in the heart of the tourist, high-tech and business center of the city. Close to the Oz River, Boždoš Park and major transport routes. The complex will include residential apartments, restaurants, offices, green parks and two swimming pools.
In addition to the proximity to the business center, promenade, restaurants, cafes and shopping centers, there are several universities and higher education institutions that create a student and young atmosphere throughout the city and additional demand for residences.
Undoubtedly, Uzhhorod is one of the hottest investment destinations. The FREEDOM project is an excellent alternative for both seasoned investors and investors at the beginning of their journey. G-International together with the VILNY enterprise company offer extremely favorable payment and financing conditions and unprecedented presale offers.
- The information on this page does not constitute advice, recommendation or opinion regarding the feasibility of investing in property of any kind and type, nor does it constitute an offer to purchase such properties.
- What is stated on this page should not be seen as a commitment by any of those mentioned in it to obtain any return.
