Investment Property in Kryvyi Rih

Invest in Real Estate in Kryvyi Rih

Investment Property in Kryvyi Rih
Investment Property in Kryvyi Rih

Kryvyi Rih property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Kryvyi Rih .

Search Map of Kryvyi Rih Investment Real Estate

Kryvyi Rih (Ukrainian: Криви́й Ріг [krɪˌwɪj ˈr⁽ʲ⁾iɦ], lit. “Curved Bend” or “Crooked Horn”), also known as Krivoy Rog (Russian: Кривой Рог) is the largest city in central Ukraine, the 7th most populous city in Ukraine and the 2nd largest by area. Kryvyi Rih is also claimed to be the longest city in Europe. The city’s population is estimated at 603,904 (2022 est.). It hosts the administration of the Kryvyi Rih District and its subordinate Kryvyi Rih urban community. The city is also part of the Kryvyi Rih Metropolitan Region.

Located at the confluence of the Saksahan and Inhulets rivers, Kryvyi Rih was founded as a military staging post in 1775. Urban-industrial growth followed Belgian, French and British investment in the exploitation of the area’s rich iron-ore deposits (generally called Kryvbas) in the 1880s. Kryvyi Rih gained city status after the October Revolution in 1919.

Stalin-era industrialisation saw the development in the city from 1934 of Kryvorizhstal, the largest integrated metallurgical works in the Soviet Union. After a brutal German occupation in World War Two, Kryvyi Rih experienced renewed growth through to the 1970s. The economic dislocation associated with the break-up of the Soviet Union contributed to high unemployment and a large-scale exodus from the city in the 1990s. The privatization of Kryvorizhstal in 2005 was followed by increased foreign and private investment which helped finance urban regeneration. Beginning in 2017, there were major labour protests and strikes. Kryvyi Rih is the hometown of Ukrainian President Volodymyr Zelensky.

In their February 2022 invasion of Ukraine, forces of the Russian Federation approached the city’s outskirts from Russian-occupied Crimea. In March, their advance stalled some 50 km to the south.

The financial stability of Kryvyi Rih has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

 

Buy to Rent in Kryvyi Rih

 

Renting out your Kryvyi Rih buy-to-rent investment property can grow wealth and income.

 

Whatever your goals with investment property in Kryvyi Rih are – preparation is key.

 

  • Set goals based on how much rental yield will be required and the local rental yield rates in Kryvyi Rih and be prepared to change your initial outlook.
  • Thoroughly research the Kryvyi Rih location with a special emphasis on fringe areas outside the main Kryvyi Rih metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of Kryvyi Rih.
  • Ensure that your target investment property in Kryvyi Rih appeals to professionals. This is a demographic that ensures maximum income and low voids.
  • Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent with local knowledge and experience of property legislation will give you the best chance of success.

 

With our expert guidance, investing in Kryvyi Rih provides the secure knowledge that your money is working harder than it would in a local Kryvyi Rih bank and that future generations of your family will be left with substantial capital growth assets.

 

We are always happy to advise on buying investment property in Kryvyi Rih, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Kryvyi Rih property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Kryvyi Rih

Flipping property in Kryvyi Rih

 

Flipping property is when we advise clients to buy a Kryvyi Rih property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Kryvyi Rih market has a time to react to the renovation.

 

The Flipping Strategy in Kryvyi Rih

 

Investment property flipping in Kryvyi Rih is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Kryvyi Rih real estate investments are sometimes referred to by professionals as ‘distressed’ Kryvyi Rih real estate.

 

What is distressed Kryvyi Rih property:

 

  • Kryvyi Rih property in need of renovation
  • Kryvyi Rih real estate with a change of purpose and use
  • Oversold Kryvyi Rih property
  • Bank repossessions in Kryvyi Rih

Put simply, long term investors in Kryvyi Rih purchase the property, renovate it and make it a lot more attractive to potential buyers.

 

Calculate profit that you make from Kryvyi Rih investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Kryvyi Rih property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

 

Experienced property developers in Kryvyi Rih use a minimum profit value of 22% when looking at potential Kryvyi Rih projects.

 

The reason for this is because there are lots that can go wrong in Kryvyi Rih property flipping and working on a potential margin of 22% should still leave a good margin of error.

 

Invest through a Fund in Kryvyi Rih

 

Property Secured Investments is a Private Equity fund that invests in Kryvyi Rih and many other towns and cities across Europe. The fund is only available to Sophisticated Investors and closed to United States Citizens. While this is not an offer or promotion of the fund, more information can be found at the website

Luxury Property in Kryvyi Rih

For luxury property investors hoping to add a superb property in Kryvyi Rih to their luxury real estate investment portfolio, Physis Realty is a trusted partner.

 

A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Kryvyi Rih, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Kryvyi Rih should be entrusted to only the highest-quality agency.

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