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Ternopil New Building Market
The primary real estate market of Ternopil is developing rapidly. Thanks to active construction, the city is attractive to buyers interested in comfortable housing and promising investments.
The city is building detached new buildings and residential complexes, which are being erected in several stages and rented out in sections, have their own infrastructure for residents. Residential complexes in Ternopil are divided into four classes: economy, comfort, business, elite.
Buying a new building in Ternopil from a developer also attracts investors for the following reasons:
- the average cost per square meter is quite low compared to other cities in Ukraine;
- the possibility of purchasing in installments from the developer or with a loan from a partner bank;
- Residential complexes that are being put into operation are equipped with the necessary amenities for residents.
Areas that are in demand for investment in apartments in new buildings in Ternopil:
- Center - a large number of monuments, cathedrals, shops, supermarkets are concentrated here, but the cost of finished housing is significantly higher than the average market price;
- Novy Svet - a compact area near the central part of the city, characterized by excellent transport accessibility;
- Kanada - an ideal option for investors who want to enjoy nature and fresh air, developers offer an affordable pricing policy;
- Kutkivtsi - an ecological area next to a pond, which is located between two forests, there are many green spaces, private buildings predominate;
- Bam - one of the best options for family living, many green areas and sports facilities, schools and kindergartens within walking distance, low cost per square meter;
- Druzhba - a large area, part of the territory of which is occupied by industrial facilities and commercial sites, popular universities of the city are located here, most of the public utilities, social and automobile infrastructure is developed.
Location on the map, climate, economy and infrastructure
Ternopil is a city in the western part of Ukraine, located on the banks of the Seret River. The main city of Galician Podillia, one of the three main centers of the historical and geographical region of Galicia. Ternopil is an important transport hub of Ukraine, where important roads and railways intersect. It is served by the Ternopil International Airport, which is located 3 km east of the city.
The climate is moderately continental, with warm, humid summers and mild winters. The average air temperature ranges from -5 °C in January to +19 °C in July.
Ternopil is a unique city with a powerful industry and a huge raw material base. It is the political, administrative, economic, business, religious and cultural center of the Ternopil region. The city is noticeably distinguished by its well-thought-out public space, well-maintained infrastructure and green areas.
Prices for new buildings in Ternopil from the developer
New buildings in Ternopil are considered a profitable, cost-effective and affordable option for investment.
The cost of projects in new buildings in Ternopil depends on the location, class of housing, construction technology, developer, adjacent territory and surrounding infrastructure.
Developers offer discounts for 100% payment for real estate in a new building and the opportunity to buy an apartment from a developer in Ternopil on credit.
Prices for primary real estate in new buildings vary from 390 to 1,700 US dollars per square meter. The average price per square meter is 730 US dollars. Prices for apartments in new buildings in Ternopil:
- 1-room - 33,800 US dollars;
- 2-room - 49,000 US dollars;
- 3-room - 61,700 US dollars;
- multi-level projects - 73,200 US dollars.
Ternopil real estate in a new building
Potential investors can choose the following types of real estate in a new building: residential (apartments, country houses, townhouses, cottages), commercial real estate and investment projects (offices, bars, restaurants, retail space, etc.).
How to buy an apartment from a developer in Ternopil: investment nuances
Ukrainian legislation allows foreigners to buy an apartment in Ternopil in a new building. This applies to both individuals and legal entities. The advantage of buying real estate in the city is the possibility of obtaining an immigration permit. Due to the fact that real estate transactions require detailed analysis and verification of the property, we recommend that investors seek qualified assistance from GEOLN experts. Specialists provide comprehensive support for the process of purchasing a new building, guarantee transparency and security of paperwork.
An apartment in a new building in Ternopil is a profitable investment, guaranteeing the possibility of comfortable living and a stable income in one of the most interesting and modern cities of Western Ukraine, which is distinguished by its rich cultural heritage, architecture and developed infrastructure.
Prices per sq. m. in popular districts of Ternopil
| District | Price from |
|---|---|
| Solar | 535$ / m2 |
| Southern industrial area | 410$ / m2 |
| Youth | 590$ / m2 |
| № 3 | 747$ / m2 |
| № 4 | 585$ / m2 |
