NB links: Consigliere Conor Consulting Calls 👉🏻 tsarexperience.com/consulting Steal my FREE PDF: 'Conor's Secret Places in New Europe' 👉🏻 secretplacesneweurope.tsarexperience.com
I did. Even after the war started in 2022, I bought a small house with 10 acres of land in a village west of Odesa for $10k USD. Garden, fruit trees and nice land. I refurbished the house for another 10 grand. Prices had gone up considerably for most everything. Just now finishing a new chicken house for fresh eggs. It has been challenging, but doable. I've been traveling back and forth from the USA and will return again this autumn. But I didn't buy it for an investment, I bought it for my Ukrainian daughter and her new husband, with baby on the way. I'm betting the war will end in Ukraine's favor, but I'm not sure when.
Could you possibly let me know the easiest way to travel to Ukraine from the US now? I'm thinking of visiting, but I'm not sure if it's easy, especially since I don't speak Ukrainian or Russian
Yes that is what I would say too. If you are going to live there, it makes sense. For just investment purposes it’s bonkers. There are many other countries that offer significant opportunities for capital appreciation compared to Ukraine.
@@maximsmittkolnerweihnachts6904 I would say Serbia is one to keep an eye on. Georgia is one I would wait until the end of the war. I think many Russians will return to Russia and prices will actually fall somewhat. Since rental yields spiked after the war started. Before starting it’s steady increase as it has been for quite a few years. Those are two I’d rather put my money as an investment purpose than in Ukraine.
Something else to consider is that with all the destruction there has been a decrease in supply. While there has been a decrease in demand from so many people leaving, I'm not sure that supply has increased or decreased compared to that.
Basically buying property anywhere in the eastern side of Ukraine 🇺🇦 is as high risk and low return as you could get … if the property was selling for buttons well maybe that would be a low risk potential high reward but buying property in a war zone or near war zone that has only declined 10 to 20 percent is just not worth or far too early
Hey Conor, nice seeing you at Marlene about 2 weeks ago, I knew i saw you somewhere before haha nevertheless good vids, keep it up! from a fellow youtuber, best wishes, Alex
115.000 EUR for a one room apartment in Ukraine? You must be kidding, lol :D And now we're talking about war-torn country that takes decades to recover. I will say this as an real estate expert who has done this business for over 25 years in former SU countries now that real price for one room renovated luxury apartment is (at the peacetime) 35.000-45.000 eur max. in Ukraine's bigger cities. Only a complete fool would pay more. Sure they can ask whatever they want but anything other than that is just nonsense. For as long as the war is going on, there is no going price really. There's really nothing to gain atm, so why would make business that is such a risky move?
Perhaps you were a ‘real estate expert’ 25 years ago if you think the price of a new luxury one-bedroom in a premium location in Kyiv is €35-45,000 … was that the price circa 2000? I don’t believe that it was that cheap even back then. 😂
@@ConorClyneTsarExperience I was living in Kharkiv in 2019-2020 and then going price for spacious luxury 2-3-room apartment right in the centre was 45.000 eur (or 50.000 USD). I was dating also a local girl who was in the real estate business in Kharkiv so i was following very closely that business there ;) What exactly makes you think that after the war broke out, the prices have suddenly shot through the roof? That doesn't make any sense.
@@ConorClyneTsarExperience have you seen all these skeleton buildings in Kiev (in the central area as well) that are half-way built and will never be finished cos they just couldn't get enough people to invest in them? Well, i have seen them and it tells all i need to know where that city's real estate business is currently. Either you are totally ignorant of the real estate market in Ukraine or you are misleading your audience on purpose but i really hope the answer is the former. If i'm right, go and educate yourself more.
For investment purposes it’s a very bad idea to buy property in Ukraine in 2024/2025. We all hope Ukraine will win the war, but Russia has more manpower and a higher military-industrial base than Ukraine, and Russia is not dependent on foreign donations, that are more likely to decrease by year (look at the lower donations from Germany for example) and that makes a war of attrition very difficult for Ukraine. If Ukraine loses the war and finds out the exhaustion of Western countries to fund another trillion for Ukraine, there is actually a high risk for Ukraine to enter a hyperinflationary crisis. And there is where it gets very interesting to buy property in Ukraine, because the house prices can never catch up with the decline in currency value. For your dollars or euros you will buy amazing real estate in such scenario. Look at historical episodes, like Weimar-Germany, where house prices went up in German money, but collapsed 90% in USD. And your so-called ‘rising prices’ in other parts of Ukraine is accompanied by a declining value of the Ukrainian currency, now at 46 UAH per € but when the war started around 30 UAH per €. That’s a loss of 35%. But IF Ukraine wins the war, it can be good as well because Russia should pay reparations. In other words, make an investment strategy for Ukraine after the war is over.
I broadly agree with your analysis except that I was already quoting the price movements in € and $ not UAH. The chances of Russia actually winning are low at this point but it has to be factored in of course and the possibility that Ukraine might not ultimately regain all the territory currently occupied by Russia which will affect in which Ukrainians choose to live if they return.
I think it’s too premature to say that the chances of Russia winning are low, maybe it’s 50/50. Yes, Ukraine took some borderland in the Kursk Oblast. At the same time Russia is slowly advancing towards Pokrovsk, so in the end just slow gains from both sides. Anyway, the Russians will never cross the Dniepr because that’s literally a bridge too far. Still the West needs to finance Ukraine forever, or stop doing it and cause the financial collapse of Ukraine. Millions have left the country, why should they go back if life for them is much better in the EU? And what should I tell a Ukrainian woman to justify why I am in Ukraine?
There's a high chance that even Odessa will soon be part of Russia unless this war isn't going to stop very soon. Whether it's a good thing or bad thing from an investor's point of view is probably highly subjective, but the value isn't going to drop for sure if the flag in your yard changes. I own real estate in Baltics and been pondering about this issue for some time now cos there's also a great chance that Russia will take over those countries as well if they don't cool it down with all that NATO bs. But personally i'd be just happy if I would soon own real estate in Russia, i have absolutely nothing against it, quite the contrary in fact.
Imagine combining an avatar of the former Polish foreign minister with such pro-Russian dribble! 🤣 🤡 Russia cannot even secure its borders in Kursk region and you're dreaming of them turning Riga into Mariupol. 🙄 Perhaps you're hoping to buy property in Russia because you're Russian and are not wealthy enough to own one there yet? 🤔
NB links:
Consigliere Conor Consulting Calls 👉🏻 tsarexperience.com/consulting
Steal my FREE PDF: 'Conor's Secret Places in New Europe' 👉🏻 secretplacesneweurope.tsarexperience.com
I did. Even after the war started in 2022, I bought a small house with 10 acres of land in a village west of Odesa for $10k USD. Garden, fruit trees and nice land. I refurbished the house for another 10 grand. Prices had gone up considerably for most everything. Just now finishing a new chicken house for fresh eggs. It has been challenging, but doable. I've been traveling back and forth from the USA and will return again this autumn. But I didn't buy it for an investment, I bought it for my Ukrainian daughter and her new husband, with baby on the way. I'm betting the war will end in Ukraine's favor, but I'm not sure when.
Great to hear that in spite of the difficulties. 😀🇺🇦
No one is sure when.
Not even Putin.
Could you possibly let me know the easiest way to travel to Ukraine from the US now? I'm thinking of visiting, but I'm not sure if it's easy, especially since I don't speak Ukrainian or Russian
@@linli7946 Fly to Warsaw and take the bus or train to Lviv or Kyiv.
@@ConorClyneTsarExperience thank you for the information, can a US citizen buy property in Ukraine? or need to be resident there?
Great video and info! Thanks!
Yes that is what I would say too. If you are going to live there, it makes sense. For just investment purposes it’s bonkers. There are many other countries that offer significant opportunities for capital appreciation compared to Ukraine.
What countries?
@@maximsmittkolnerweihnachts6904 I would say Serbia is one to keep an eye on.
Georgia is one I would wait until the end of the war. I think many Russians will return to Russia and prices will actually fall somewhat.
Since rental yields spiked after the war started. Before starting it’s steady increase as it has been for quite a few years.
Those are two I’d rather put my money as an investment purpose than in Ukraine.
Very interesting, thank you Conor.
Hoping to be back in Odesa shortly and property to the west of there has been a consideration.
Great to hear that! 😊
Something else to consider is that with all the destruction there has been a decrease in supply. While there has been a decrease in demand from so many people leaving, I'm not sure that supply has increased or decreased compared to that.
100% wrong. Demand is UP, prices are UP, due to refugees from other areas flooding other cities.
Basically buying property anywhere in the eastern side of Ukraine 🇺🇦 is as high risk and low return as you could get … if the property was selling for buttons well maybe that would be a low risk potential high reward but buying property in a war zone or near war zone that has only declined 10 to 20 percent is just not worth or far too early
No way, I won't buy anything there
Hey Conor, nice seeing you at Marlene about 2 weeks ago, I knew i saw you somewhere before haha nevertheless good vids, keep it up! from a fellow youtuber, best wishes, Alex
Cool. I’ll take a look at your channel so. 👍🏻
Cool video,thanx.
There are no prenups in Ukraine?
wow amazing
In short, no.
115.000 EUR for a one room apartment in Ukraine? You must be kidding, lol :D
And now we're talking about war-torn country that takes decades to recover.
I will say this as an real estate expert who has done this business for over 25 years in former SU countries now that real price for one room renovated luxury apartment is (at the peacetime) 35.000-45.000 eur max. in Ukraine's bigger cities.
Only a complete fool would pay more. Sure they can ask whatever they want but anything other than that is just nonsense.
For as long as the war is going on, there is no going price really. There's really nothing to gain atm, so why would make business that is such a risky move?
Perhaps you were a ‘real estate expert’ 25 years ago if you think the price of a new luxury one-bedroom in a premium location in Kyiv is €35-45,000 … was that the price circa 2000? I don’t believe that it was that cheap even back then. 😂
@@ConorClyneTsarExperience I was living in Kharkiv in 2019-2020 and then going price for spacious luxury 2-3-room apartment right in the centre was 45.000 eur (or 50.000 USD).
I was dating also a local girl who was in the real estate business in Kharkiv so i was following very closely that business there ;)
What exactly makes you think that after the war broke out, the prices have suddenly shot through the roof? That doesn't make any sense.
@@maga-hat709 I wrote Kyiv not Kharkiv.
@@ConorClyneTsarExperienceIn his comment he did say “bigger cities”. So it was a bit vague.
Did he mean Kiev? Odesa too?
@@ConorClyneTsarExperience have you seen all these skeleton buildings in Kiev (in the central area as well) that are half-way built and will never be finished cos they just couldn't get enough people to invest in them?
Well, i have seen them and it tells all i need to know where that city's real estate business is currently.
Either you are totally ignorant of the real estate market in Ukraine or you are misleading your audience on purpose but i really hope the answer is the former.
If i'm right, go and educate yourself more.
SLAVA UKRAINE 🇺🇦
Героям слава!
For investment purposes it’s a very bad idea to buy property in Ukraine in 2024/2025.
We all hope Ukraine will win the war, but Russia has more manpower and a higher military-industrial base than Ukraine, and Russia is not dependent on foreign donations, that are more likely to decrease by year (look at the lower donations from Germany for example) and that makes a war of attrition very difficult for Ukraine.
If Ukraine loses the war and finds out the exhaustion of Western countries to fund another trillion for Ukraine, there is actually a high risk for Ukraine to enter a hyperinflationary crisis.
And there is where it gets very interesting to buy property in Ukraine, because the house prices can never catch up with the decline in currency value. For your dollars or euros you will buy amazing real estate in such scenario.
Look at historical episodes, like Weimar-Germany, where house prices went up in German money, but collapsed 90% in USD.
And your so-called ‘rising prices’ in other parts of Ukraine is accompanied by a declining value of the Ukrainian currency, now at 46 UAH per € but when the war started around 30 UAH per €. That’s a loss of 35%.
But IF Ukraine wins the war, it can be good as well because Russia should pay reparations.
In other words, make an investment strategy for Ukraine after the war is over.
I broadly agree with your analysis except that I was already quoting the price movements in € and $ not UAH.
The chances of Russia actually winning are low at this point but it has to be factored in of course and the possibility that Ukraine might not ultimately regain all the territory currently occupied by Russia which will affect in which Ukrainians choose to live if they return.
I think it’s too premature to say that the chances of Russia winning are low, maybe it’s 50/50. Yes, Ukraine took some borderland in the Kursk Oblast. At the same time Russia is slowly advancing towards Pokrovsk, so in the end just slow gains from both sides. Anyway, the Russians will never cross the Dniepr because that’s literally a bridge too far. Still the West needs to finance Ukraine forever, or stop doing it and cause the financial collapse of Ukraine.
Millions have left the country, why should they go back if life for them is much better in the EU?
And what should I tell a Ukrainian woman to justify why I am in Ukraine?
There's a high chance that even Odessa will soon be part of Russia unless this war isn't going to stop very soon.
Whether it's a good thing or bad thing from an investor's point of view is probably highly subjective, but the value isn't going to drop for sure if the flag in your yard changes.
I own real estate in Baltics and been pondering about this issue for some time now cos there's also a great chance that Russia will take over those countries as well if they don't cool it down with all that NATO bs.
But personally i'd be just happy if I would soon own real estate in Russia, i have absolutely nothing against it, quite the contrary in fact.
Imagine combining an avatar of the former Polish foreign minister with such pro-Russian dribble! 🤣 🤡 Russia cannot even secure its borders in Kursk region and you're dreaming of them turning Riga into Mariupol. 🙄 Perhaps you're hoping to buy property in Russia because you're Russian and are not wealthy enough to own one there yet? 🤔
@@ConorClyneTsarExperience You are deleting posts, but why not this guy.
I mean Irish boy, what if the Russians succeed? A real game of Russian roulette....LOL