The war has changed not only construction timelines and project costs, but also the very understanding of what makes real estate valuable. Today, buyers and investors evaluate residential property based on much more than the price per square meter. Security, energy independence, engineering solutions, quality of the living environment, the reliability of the developer, and the future liquidity of an asset have all become increasingly important factors.
For an international developer, these changes have created a new reality in which investment decisions require a long-term perspective. Bosphorus Development, which has continued its operations in Ukraine following the outbreak of the full-scale war and, together with RIEL, resumed construction of the Maxima Residence residential complex in Kyiv, views the Ukrainian market from a long-term perspective.
Why is the price per square meter in Ukraine not declining? What truly determines the value of real estate? How have buyers’ expectations changed, and which factors could shape the investment appeal of real estate in the years ahead?
These are among the questions addressed by Mehmet V. Sachaklioglu, Founder and Chairman of the Board of Bosphorus Development.
The article also explores what needs to change to attract more international capital back to Ukraine, which types of real estate may be of interest to investors, and why Bosphorus Development believes investments should be viewed beyond the framework of a single economic cycle.
Read the full article in Forbes BrandVoice to learn more about Bosphorus Development’s perspective on the future of the Ukrainian real estate market and its approach to long-term investment.
