ZARS is a developer with two projects: Park Sovinion in Tairovo, due in 2025, and The Karkashadze Houses on Dovzhenka street in Odesa, completed in 2016. The combination is rare and useful: one building has been lived in for ten years, the other is only being finished.
Why a finished building matters more than a brochure
The Karkashadze Houses have stood since 2016, which means this developer can be judged on something other than promises. We walk into the courtyard, look at the facade after ten years, and ask residents about the services, the heating and the management company. No presentation yields that information. If a building looks good after ten years, it is the strongest argument for a new project by the same developer. If it looks poor, that is an answer too.
Two projects, two different products
The Karkashadze Houses sit in the Prymorskyi district of Odesa, a city address with finished infrastructure, and there are currently apartments for sale there from owners, so a purchase in the finished building involves no waiting. Park Sovinion is in Tairovo, in the Ovidiopolskyi district: a suburban format, a lower price per metre, a drive into the city, and infrastructure that has to be checked on the ground. They are not worth comparing with each other; they answer different needs.
What it is worth checking in the one under construction
The permit for this exact address, the pace of work over recent months, bank accreditation, the utility connections in fact, and the contract clauses on price revision and liability for delay. In the suburbs the utilities are the central question, and connection documents answer it rather than conversation.
Who it suits
- Buyers who want to test a developer on foot. The 2016 building stands and can be visited.
- Suburban buyers seeking a lower price. Tairovo gives more floor area for the same money.
- Buyers who want a city address with finished infrastructure. For that we look at the Prymorskyi district and resale in the completed building.
- Not for buyers who want a large developer. There are two projects here, and that has to be taken into account.
What buyers worry about
- Will it be finished. We look at the delivered building, the pace and the accreditation. A developer with two projects is checked on documents rather than reputation.
- What about suburban utilities. Gas, water, drainage and power are verified in the connection documents before the deal.
- Will a bank lend. We ask two or three banks. Lending on a finished building is more realistic than on one under construction.
- What is the drive into the city like. We drive the route on a weekday morning. It is the one check a map cannot replace.
- Will it be easy to sell. A city apartment sells faster than a suburban house. If your horizon is short, that argues for the Prymorskyi district.
How we work with this developer
We start with the finished building: the courtyard, the facade and the entrance, and a conversation with residents. Then we drive to the site under construction and check the permits, the connections and the pace. We read the contract for the price, delay and assignment clauses, and support you through to registration. For a buyer of new builds the commission is 0%, and the layouts in Odesa can be reviewed with a FAKTOR specialist.
A case from our practice
Buyers intended to purchase in a building under construction, and we took them to the developer finished building first. Twenty minutes of conversation with residents settled it: they bought a resale in the completed building, where everything was visible at once, and the saving on the construction stage did not cover a year of waiting. We name no one.
What the price covers
The work covers checking the developer and the permits, visiting the delivered building, verifying the connections, the contract work, and support through to registration. A selection for Odesa in Odesa to match your request will be prepared by a FAKTOR specialist. Nobody guarantees a completion date.
FAKTOR has been on the market for 10 years, with properties from 155 developers in the catalogue.
Which projects does ZARS have
Two: Park Sovinion in Tairovo due in 2025 and The Karkashadze Houses on Dovzhenka street in Odesa, completed in 2016.
Are there apartments in the finished building
There are listings from owners in The Karkashadze Houses. We give the count and the prices on the day you ask.
Where is Park Sovinion
In Tairovo, the Ovidiopolskyi district, on Tramvaina street. The exact address and map are on the complex page.
Is it safe to buy from a developer with two projects
The risk is checked rather than guessed: the permit, the pace, bank accreditation and the condition of the finished building. We show the result before the deposit.
Are instalments available
On the project under construction a schedule is usually offered. We confirm the terms with the developer on the day you ask.
How far is Tairovo from the centre
It is a drive. We time the route on a weekday morning before any deposit, because the journey is what suburban buyers underestimate.
We will shortlist options for your budget and guide the deal from the first viewing to signing.
ZARS
