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Real Estate in Kharkov, Ukraine | Digital Nomad Exchange
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Real Estate in Kharkov, Ukraine

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By Betsy Burlingame

Last updated on Feb 04, 2023

Summary: The average cost of a nice 2 bedroom home in Kharkov, Ukraine is around $50,000 USD. A nice 3 bedroom home in Kharkov is around $70,000 USD. These properties typically include modern amenities such as air conditioning, central heating, and modern appliances. There are no restrictions on foreign ownership for properties in Kharkov. An expat should search for a home to buy in Kharkov by researching the local real estate market, looking at listings online, and visiting the city to view properties in person. The most desirable neighborhoods in Kharkov are the city center, Shevchenko district, and the Obolon district.

How do I find a place to live in Kharkov?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"One of the best ways to find a place to live in Kharkov is to search online for rental listings. There are many websites that offer listings of apartments, houses, and other types of rental properties in the city. Additionally, you can also search for rental listings in local newspapers and classifieds. Additionally, you can also ask friends and family who live in the city for recommendations. Finally, you can also contact local real estate agents who can help you find a suitable place to live in Kharkov," remarked one member in Kharkov.

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What is a typical expat home or apartment like in Kharkov?

"Expat homes and apartments in Kharkov tend to be modern and comfortable, with a range of amenities to suit different lifestyles. Many expats choose to live in the city centre, where they can enjoy easy access to shops, restaurants, and other attractions. Apartments tend to be spacious and well-equipped, with modern kitchens and bathrooms, and often feature balconies or terraces with views of the city. Expats can also find homes in the suburbs, which offer more space and a quieter atmosphere," remarked one foreigner who made the move to Kharkov.

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What is the average cost of housing in Kharkov?

If you are thinking about moving to Kharkov, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The cost of housing in Kharkov varies depending on the size and location of the property. Generally, the average cost of a one-bedroom apartment in the city center is around $400 to $500 per month, while a two-bedroom apartment can cost up to $700 per month. Prices for larger apartments and houses outside of the city center can be significantly lower," explained one expat living in Kharkov, Ukraine.

Should I buy or rent a home in Kharkov?

If you have not spent a lot of time in Kharkov, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"Buying a home in Kharkov can be a great investment. The city is known for its low cost of living and its vibrant culture. The real estate market is also quite affordable, making it a great option for those looking to purchase a home. Renting a home in Kharkov can also be a great option, as it allows you to experience the city without the commitment of buying a home. Additionally, renting can be a great way to explore different neighborhoods and find the perfect place to call home. Ultimately, the decision to buy or rent a home in Kharkov will depend on your individual needs and preferences," remarked one foreigner who made the move to Kharkov.

"We moved in with my Ukrainian mother-in-law, into her two-bed apartment. I invested time and money refurbishing the place. I agree to pay all the bills which, for the three of us, averages at 750 uah per month (£20.50). We are thinking about buying a house in one of the surrounding villages, which is a good option if you drive. You can pick up a 3 bed house relatively cheaply, and it's great to have your own "dacha" in the summer near a river of forest," explained one person living in Kharkov, Ukraine.

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What do I need to know when buying property in Kharkov?

When we asked expats what advice they would give a foreigner before buying a property in Kharkov, they said:

"1. It is important to research the local market and understand the current trends in the area before making a purchase. 2. It is important to understand the legal requirements for purchasing property in Ukraine, including any taxes or fees that may be applicable. 3. It is important to have a local lawyer or real estate agent to help you navigate the process and ensure that all paperwork is in order. 4. It is important to be aware of any potential risks associated with buying property in Ukraine, such as political instability or corruption. 5. It is important to be aware of the local infrastructure and amenities in the area, such as transportation, schools, and hospitals. 6. It is important to be aware of any potential restrictions on foreign ownership of property in Ukraine. 7. It is important to be aware of any potential restrictions on renting or leasing property in Ukraine. 8. It is important to be aware of any potential restrictions on the sale or transfer of property in Ukraine," said one foreigner living in Kharkov, Ukraine.

Are foreigners allowed to own property in Kharkov?

When we asked expats what advice they would give a foreigner before buying a property in Kharkov, they said...

"Yes, foreigners are allowed to own property in Kharkov. Foreign individuals and legal entities can purchase and own residential and commercial properties in the country. However, there are certain restrictions on agricultural land ownership, where foreigners are not allowed to own agricultural land directly. They can, however, lease the land or own it through a Ukrainian legal entity. It is essential for foreign buyers to follow the legal procedures and requirements for property ownership, which may include obtaining necessary permits and registering the property with the relevant authorities," explained one person living in Kharkov, Ukraine.

What appliances are typically included in a rental?

We asked foreigners in Kharkov what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"In Kharkov, rental properties typically include a refrigerator, stove, oven, washing machine, and dishwasher. Additionally, some properties may include a microwave, toaster, and other small kitchen appliances," said one in Kharkov.

Additional Information about Searching for a Home in Kharkov:

We asked foreigners in Kharkov what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...

"Expats searching for homes in Kharkov often start by browsing online real estate websites and local classifieds to get an idea of the housing market. They may also join expat forums and social media groups to seek advice and recommendations from fellow expats who have already gone through the process. Additionally, they might reach out to local real estate agents who are familiar with the area and can help them find a suitable home. Some expats may also choose to visit Kharkov in person to explore different neighborhoods and attend open house events to get a better feel for the city and its housing options. Networking with locals and other expats can also be helpful in finding potential rental or purchase opportunities that may not be advertised online," wrote one expat who made the move to Kharkov.

About the Author

Betsy Burlingame Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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