Stagnation at the Moscow property market made private investors pay attention at other regions. In particular many of the Russian started to look narrowly at the possibility of realization of projects in the Crimea.

In the experst opinion the prices for the residential property on the Black sea resorts will definitely grow. According to some data Yalta property will grow in price at least for 50%, and other forecasting sais about 70-100% during coming 3-4 years. As a result the flats of economy class can grow in price for 3-4 000 USD per 1 m2, and good quality Crimean real estate will cost 7-10 000 USD per 1 m2, that is similar for the prices in Sochi.

In the South-East part of the Crimean peninsula the prices grow more than locally. The most expensive accomodation is located not in the largest city of Feodosia, but in the villages Koktebel and Novy Svet. The cost of land here reaches 10 000 USD per 100 m2. And in Feodosia still the land can be purchased for 1 000 USD per 100 m2.

Today Russians take not very significant part among the customers for the Ukrainian property – about 15%. Last year the specialists in property operation fixed the growth in demand for the property in the Crimea for about 10-15%. Some decrease in growth definitly was caused by political situation in Ukraine.

Hence today prices for the expensive Yalta property can suit the Sochi obchects. High quality real estate in the city can be purchased for the price of 4-5 000 USD per m2, economy class flats – for 1.5-2 000 USD per m2. Hence you have to be ready that the latter will be not in very satisfactory condition. Village house in the suburbs near the city can be bought for approximately 50-70 000 USD, and the longer distance from Yalta the cheaper the prices for the plots are (about 2 000 USD per 100 m2).

In general there is no much new real estate in the Crimea. The primary market is mostly presenetd by the local developers – mostly on the Southern coast of the peninsula. Ukrainian developers offer the customers business-class real estate for the price of 1.5-3 000 USD per m2 on the primary stage of building, and apartments of de luxe- class – for 2.2 –3.5 000 USD per m2. The prices for the economy class on the primary property market start from 0.7 –1 000 USD per m2.