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The current turmoil in the Eastern corner of Ukraine is pushing some Ukrainian property owners into heavily discounting the properties. This is an opportunity for investors to buy cheaply.
This is a great example of a property that had its price slashed, despite being located in the famous spa resort of Truskavets, which is a very long way from the trouble zone - in fact, about 1500 km! It's a commercial property of 123 m² of is currently used as a shop and offices, paying $1000 a month rent, but would be ideal for a wide range of businesses such as beauty salon, fitness club or retail.
Truskavets is a well-known high quality spa resort in the Ukrainian Avian mountains. This is an area investor should consider as apart from being very beautiful it is one of the very few ski and summer Manton resort areas there is not fully developed. In fact, it's on the cusp of offering world-class facilities. The winter Olympic bid of 2022, which was cancelled recently due to the priority of dealing with other more pressing issues, was designed to put the world spotlight on this region and funnel considerable investment into it. That bid has been rescheduled for 2026, with acceptance or not be declared in only four years time. Now is the time to buy this region, whilst this market uncertainty.
This property is situated on the ground floor f a 9-storey building with its own entrance, and has three rooms plus a large hall, with all communications, security alarms, individual electric heating. There is parking too. The property is sold with some office furniture.
We at UAP of over 10 years experience of property conveyance and have 100% track record of processing legal purchase of property to the higher standard. Documents on this property are all in order for immediate purchase. The property is sold freehold.
The premises are well located just 10 minutes walk from the city centre.
The price has been slashed by about 40% and is now only $76,000. That's about $600 a square metre - barely shell build cost and great value for money.
Best of all, it comes with a tenant paying $1000 a month. Return should be in the region of 14%, which is very high commercial property by any standards.
Invest in the longer term by acquiring good quality commercial property in the heart of Ukraine's prime tourist area and profit as the region becomes more developed.

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