development grows: Ukrainian and foreign
investors realized financial attractiveness and
further potential for development of this region.
Real estatemarket is themost dynamic
market inCrimea. In January-Marchof this year,
construction companies increased their turnover
by 10%. Thiswitnesses that the real estatemarket
inCrimea ingeneral is rather active, ingeneral
and that demandhas not been satisfied fully
yet. Experts believe that investment potential
ofWest Crimea soon is going toget aheadof
many recognizedworld resorts, such as places
in France, Greece, Italy andUAE (Dubai). For
instance, International Commercial Bank and
anumber of construction companies recently
signed a joint investment agreement for the
amount inexcess of 300millioneuro, into
constructionof residential complexes. Overall
durationof this project is 3 years and cost of
T
here is nothingbetter than
mountains…When themountains
are combinedwith amazingly
beautiful sea, freshhealthy air, vast
Ukrainian steppes and tender sun
– suchnatural miracle is called
Crimea, Autonomous Republic in East European
country calledUkraine.
Its history is amixture of East andWest,
the history of Ancient Greeks andGolden
Horde. Here, the churches of early Christians
are locatednext toMuslimMosques. InCrimea,
it is possible to find traces of themost archaic
traditions andwonderful monuments of ancient
art. However, it is impossible to tell the story of
this peninsula indetails. It is only possible to
feel it while visiting inCrimea.
Local government notes that every year
the volumeof investments into thepeninsula’s
UKRAINE–
Investment
Attractiveness
of Crimea (Black Sea)
REALESTATEMARKET
ISTHEMOSTDYNAMIC
MARKET INCRIMEA. IN
JANUARY-MARCHOFTHIS
YEAR, CONSTRUCTION
COMPANIES INCREASED
THEIRTURNOVERBY10%
BUSINESS EMIRATES
164
ÍÅÄÂÈÆÈÌÎÑÒÜ, ÁÈÇÍÅÑ, ÈÍÂÅÑÒÈÖÈÈ
ÓÊÐÀÈÍÀ -ÎÀÝ
