Real Estate Articles - Page 7

Kyiv in XVIII – XIX centuries

By the end of the XVIII century in such districts of Kyiv as Upper Town, Podil and Pechersk brick house construction spread out. In 1679 a big wooden bridge over the Dnieper River was constructed.in the area of later well-known Chain Bridge. In the XVIII century Kyiv had been growing fast. Lots of monumental constructions were built: Mariyinsky Palace, Kyiv Pechersk Lavra’s bell tower, St Andrew’s Church, some buildings of Saint Sophia’s Cathedral. It took place an active reconstruction of Podil and Pechersk area. At the end of the century population of Kyiv was 30 000 people living in 3860 houses. Notable masters, cultural workers and scholars had been coming to Kyiv from all over the country. A great son of the Russian people Mikhail Lomonosov, Ukrainian philosopher Hryhorii Skovoroda, architect Ivan Hryhorovych-Barskyi and many others were studying in Kyiv-Mohyla Academy. By the end of the XVIII century three parts of Kyiv - Podil, Upper Town and Pechersk - hadn’t been connected with each other. A steam was running in the valley of present-day Khreshchatyk and slopes were covered with a dense forest. Unsettled territories between different parts of the city became built up only at the beginning of the XIX century. Great changes have taken place at the Podil after a fire in 1811. At that time Podil’s reconfiguration was made: wide streets, parks and squares were laid out. In a few years there appeared new residential areas in so-called classicism style. Many of those buildings still exist. In the late XVIII and in the early XIX centuries the country had been going through a period of the feudal system decaying and capitalism developing. In the first half of the XIX century several factories, plants, many forging shops, fitting shops, jewelller’s, tanneries, breweries, shoemaking, carpentry and other shops had been working in Kyiv. Kyiv Kontraktova Fair was famous for its trade turnover throughout the empire. Further development of craft, expansion of domestic and foreign trade led to aggravation of class contradictions. With appearance of Decembrists secret societies in St. Petersburg, there was found a "Southern society" in Ukraine. Its members were P. Pestel, S. Muravyov-Apostol, M. Bestuzhev-Ryumin and others. In 1822 - 1825 Decembrists often gathered in Kyiv at congresses and meetings in order to discuss struggle for serfdom elimination. In 1821 a great Russian poet Alexander Pushkin had been living in Kyiv for a while. At the same time Kyiv had been developing culturally. In 1805 a theater was opened in the city. Since 1836 the newspaper "Kiyevskiye Gubernskiye Vedomosti" started being published. In 1834 the university and a little bit later male gymnasium and other educational institutions were opened. Many famous writers as Kondraty Ryleyev, Aleksander Griboyedov, Mikola Gogol, Aleksander Pushkin and others visited Kyiv. Prominent architects Andrey Melensky, Vincent Berettie, as well as painters, artists, doctors and many progressive people of that time worked here. All that has had a positive influence on further development of Ukrainian culture. In the middle of the XIX century industrial enterprises started growing. Iron foundry, several brick-, tanneries- and other factories, many large workshops were built in Kyiv. The number of hired workers was rapidly increasing at enterprises. In 1848 building of the Chain Bridge began and it was finished in 1853. Later, in 1920, this bridge was blown up by the retreating Polish army. All these factors were favorable to Kyiv growth and expansion. In the 50 - 70-ies of the XIX century Khreschatyk was built up. A lot of blocks of houses appeared at Bessarabka, Taras Shevchenko Boulevard (early Bibikovskiy Boulevard), at Lipki etc. Growth of Kyiv was significantly affected by construction of the railway line Moscow - Kursk – Kyiv in 1863 - 1869. In 1870 - 1871 construction of the railway Kyiv – Odessa was completed. Kyiv had been developing even faster in the last quarter of the XIX century. Main railway workshops with rapidly increasing number of workers developed into a major locomotive-car-repair plant. In the 90-ies of the XIX century city water supply and power station began to work. In 1892 a first tram started running in Kyiv. In 1898 the Polytechnic institute preparing personnel for domestic industry, transport and agriculture was open. With development of industry, trade and opening of many institutions the number of urban population increased. In 1865 there were 71 365 people in Kyiv, but in 1897 - 347 400 people, and just before the First World War the city already had more than half a million inhabitants. Real estate agency "Teren Plus" – luxury apartments for rent in Kyiv downtown , apartments for daily rent. June 2013

Why do you use apartment for daily rent in Kyiv downtown?

Working at the market of apartment rent in Kyiv downtown we have asked ourselves this question. It’s prestigious. If you use apartments on daily basis near Vladimirska Horka (Vladimir Hill) (e.g. 3, Triokhsvyatytelska St.) or near the Golden Gates (1, Lysenka St.), it’s like you come down in history of the great country. If you rent the apartment on 12, Lyuteranska St., you become a passing witness of current political events. It’s convenient. You have a wide choice of apartments in any district you wish. If you come on business, there are government institutions nearby. If you want just to explore the city, then all sights and historical monuments are within a walking distance (1, Sofiivska). Also in the evening you can get to a restaurant or club on foot. If you travel by car, we can offer you an apartment with parking in yard. It’s safe. After all, Kyiv downtown is the most secured part of the city (10, Mezhygirska). And a crime rate is the lowest here. So guests of the city can easily walk around both in the daytime and at night. Apartments for daily rent in Kyiv downtown are easy to book. You can do it through Internet, Skype or by phone. No need for pre-payment. Payment always can be done on arrival, in any convenient for you form of payment; report documents are provided. If it’s necessary, we can meet you at the airport or railway station. It’s inexpensive. Compare to prices in hotels. An apartment is always an advantage. Moreover, an apartment area is incomparable with a size of a hotel room (19, Prorizna). If you rent an apartment, you always pay for an apartment, but not for a number of guests. Additionally, you always have fully equipped kitchen, washing machine, TV, DVD, free Wi-Fi within reach of your hands. Using an apartment for daily rent you may save money without harming your comfort. And this is the main advantage. «Teren Plus» agency

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.

How to rent an apartment quickly, safely and get a good profit out of it…

 1. Only an owner of the property or an authorized representative of the owner can rent an apartment, if he or she has the power of attorney.  2. If apartment is owned by a few people, you are to discuss all important questions between each other. Register all details in a written form or by notary. All owners are Landlords and therefore each of them should be mentioned in the Lease Agreement.  3. When you conclude a Lease Agreement you are to provide the sale and purchase agreement and your passport.  4. Prepare your apartment for rent. Make a renovation and remove all private things.  5. Only those things and furniture items that raise the value of the apartment should be left. Take away everything that is not needed.  6. Identify advantages and disadvantages of your property.  7. Think over what additional equipment can be provided to increase its market price.  8. Define an approximate rent price, a minimum or a possible maximum one. You may compare the prices of the similar offers in the press and in Internet.  9. Choose real estate agencies you would like to apply to. The main point is that the agency deals with residential property and has objects in the area you are interested in.  10. Discuss your approximate rent price, conditions and the market situation by phone or email with realtors of the agencies chosen.  11. Invite the realtor for the preview of the apartment…  12. Consider all pieces of advice of professionals!  13. Work out the strategy and a plan of your further collaboration. You’d better work with real estate agencies than look for the Lessee by yourself.  14. First of all the real estate agency is a Consultant and you have an opportunity to get all important and necessary information. Secondly, while working with professionals you have less risks to be mistaken.  15. You can start working with 2 or 3 agencies. If you choose more, you will lose a lot of time. A large amount of agencies is not a guaranty of a profitable cooperation. You should know the value of your and realtor’s time.  16. Choosing a Lessee, you are to get maximum information about him… ask the copy of his passport, find out where he works and what his current occupation is, ask him for telephone numbers and company’s address. Pay attention to his relationship with a realtor. If the realtor encounters any difficulties while working with this client, be sure this can an image of your future relations. If you are in any doubts, it is better to refuse signing the Lease Agreement.  17. The Lease Agreement is a very important document for you. It should not be formal. It is necessary to include the clause about the deposit – security payment which is withdrawn from the Lessee and is given back to him, when the Lease Agreement expires and if there are no claims against the Lessee.  18. You are also to include the clause that you can show your apartment to new clients during the last month of the rent at the time agreed with the Lessee.  19. The annexes to the lease must have: Hand-over/Acceptance Act of the apartment with the description list of the property.  20. The taxes are a pledge of your calmness and one of the guarantees of execution of terms of the Lease agreement. Calculate everything in advance. Ask for advice of the realtor.  21. Registration of the Lessee. If the Lessee is a foreigner, he/she may ask you to be registered in your apartment. There is nothing wrong with this; all questions can be regulated in the Lease Agreement.  22. Respect your Lessee! Real estate agency "Teren Plus" – luxury apartments for rent in Kyiv downtown , apartments for daily rent. Property rent, rent house near Kyiv, rent office. Property management, relocation services.

The real estate market…the hope lives

The third year the Real Estate market of Ukraine shows the increase of real estate operations though does not show the increase of property prices. In 2008, the number of property operations decreased to 20% compared to 2007. In 2009 it got 27% in comparison with 2008. In 2010 the market has stabilized, moreover in the second half of the year the market began to act. Just over 254 000 the sale & purchase agreements of flats and houses were certified by notaries in 2011, almost 12% higher than in 2010. During the first half of 2012 the notaries of Ukraine certified nearly 177 000 real estate operations, most of which are the sale & purchase agreements of apartments and houses. This number of operations amounted to 69% of the number of real estate transactions concluded throughout 2011 and is almost 2% higher than in the first half of 2011. In Kyiv, where approximately 5-7% of the population of Ukraine lives, there is held 9% of all real estate transactions. In particular, during the first half of 2012 Kyiv’s notaries certified over 17 300 alienation agreements of immovable property, of which almost 9000 are the sale & purchase agreements of residential property. The rest are the feoffment agreements, the exchange agreements and so on. These are 9% higher than in the first half of 2011. In the first half of 2012 the number of transactions of alienation of land plots has increased. In particular, in Ukraine in general the notaries certified nearly 580 00 relevant agreements. This is higher than in the first half of 2011 by almost 8.6%. These accounts should inspire the realtors with optimism. Despite the lack of actual mortgage, the real estate market is alive and with the active financing is ready for increase. In this article is used the statistical report of the Ministry of Justice of Ukraine about the activities of notaries in the first half of 2012. Real estate agency "Teren Plus" - luxury apartments for rent in Kyiv downtown, apartments for daily rent, rent house, rent office. Property management, relocation services.

Daily Rent apartment - 10 advantages

 1. Rent daily apartment in Kyiv is cheaper than any hotel;  2. You can rent an apartment for a short term in any part of Kyiv;  3. You have a great amount of options;  4. You can quickly and easily book an apartment via internet or by - phone;  5. You can book an apartment without advanced payment;  6. While booking an apartment one can arrange a transfer from the airport or the railway station;  7. The total area of an apartment is considerably larger than any hotel room;  8. While renting an apartment you pay only for the rent, but not for every person like in any hotel;  9. An apartment is fully furnished and equipped with kitchen appliances, washing machine etc;  10. You are free in your actions.

How to rent an apartment for a long term quickly and efficiently...

 Specify the limits of the lease budget and approximate payments schedule.  Think out what kind of apartment you would like to rent. How many rooms or bedrooms do you need?  What furniture and appliances do you need? What is more important for you and what less? Define your search criteria.  Identify the area of location, type of house, number of stories. Learn about the parking possibilities or the distance to the subway.  Select the real estate agencies you would like to apply. They should not be many. The main point is an agency deals with residential property and has objects at the area you are interested in.  Discuss your search criteria and your rent budget by phone or email, with realtors of the selected agencies.  Listen to the advice of professionals. Define your requirements. Specify them clearly!  At this stage, you can choose the company you prefer to work with, and ignore any you do not want to waste time with.  Start working with 2 - 3 agencies. If you choose more you will loose a lot of time. Many agencies will not guarantee the quality of the search. It is better to work with one realtor who proposes best variants, who can suggest the apartments close to your search criteria.  If you tell your realtor that you work exclusively with him or her, it should push him or her to work even better - if not, you have chosen a wrong realtor.  Working with one broker, you have the opportunity to ask him the discount for service. Typically in this case, it is difficult for him to refuse…  Value your own time and time of the realtor...  While choosing the apartment, get acquainted with the Landlord. His/her adequate behavior can guarantee a peaceful life in the future. Check documents thoroughly.  Direct your attention on the drawing up of the Lease Contract. It should regulate your relationship with the Landlord.  The annexes to the lease must have: Hand-over/Acceptance Act of the apartment with the list description of the transferred property.  Confirm your payment with the receipt or the Act.  Respect other people’s property and the Lessor! Real estate agency "Teren Plus" – luxury apartments for rent in Kyiv downtown , apartments for daily rent.

Real-estate tax will be paid in 2013 in Ukraine

In May, 24 Verkhovna Rada of Ukraine prolonged the moratorium on the imposition of the real-estate tax till January, 1 2013. It is related to the new real-estate tax conception suggested by the Government. This news will not make real-estate owners very glad. As probably the new, much tough law will be adopted instead of the enough liberal one, currently in force. The same tendency is observed in a number of European countries. Adoption of the unreasonable law together with the rise of the prices for public utilities and the increase of tax burden on the income from rent can be a factor of pressure on the real-estate market. © Serhiy Shevchuk Real-Estate Agency “Teren Plus”