Karkashadze Houses is built by ZARS. The complex stands in the Prymorskyi district, on Dovzhenka Street, it is business class, and completed in 2016. Apartments run from 50-200 m², 2 to 10 rooms. It is premium buildings in classical architecture near the sea and the parks, with gated grounds, underground parking and spacious layouts.
Everything about this complex is gathered here in one place: the timeline from the site reports, what is on sale, the terms people buy on, and what is worth checking here specifically. These reports used to appear as separate monthly news items, and now they are here.
What the complex is
The building is already finished, in 2016, and that is the main thing setting it apart from other new builds on sale. Buying here you look not at a render or a deadline but at a completed building: the entrance, the lift, the courtyard, the neighbours, and how all of it actually works.
The timeline below ends with the landscaping: after handover the reports were no longer about construction but about bringing the complex to the state in which people use it.
There are few flats here, and that is a property of the project rather than an accident: fewer neighbours on the floor and in the car park. Areas run from fifty to two hundred metres and from two to ten rooms, so these are not standard layouts, and comparing the price per metre with the mass market makes no sense: you are buying a particular layout in a particular building.
The building has stood since 2016, and the years show what a new build never can: how the facade behaves, whether the car park works, how the grounds are maintained. That is the advantage of a finished building, and it is there to be used.
ZARS has been building in Odesa for years. The list of its complexes, with how many are on sale now, is on the developer page.
Construction timeline
From the reports published from the site. Each entry is a date and what it said.
- 12 February 2025: site report
- 16 October 2025: site report
What this shows: work did not stop at handover, and the grounds were being finished for almost another year. For a buyer that means you will see the courtyard and the entrance finished rather than planned.
Prices and what is on sale
Prices here change with the stage and the section, so there is no sense in freezing them into an article. The current price list, the layouts and what is on sale today are on the Karkashadze Houses page.
For comparison with the market: a metre across Odesa apartments now costs 942 $, and a metre in a new build is almost always dearer than one on the resale market for the same floor area. Prices by district are on the apartment prices in Odesa page.
Buying terms
The building is finished, so buying here is closer to an ordinary deal than to buying at the construction stage. If the apartment comes from the developer, instalments are possible but short: payments until handover ended with the handover itself. If it comes from an owner, this is the resale market with everything that belongs to it: the register extract, spousal consent, a certificate of registered residents.
A mortgage on a finished building is simpler than on one under construction: the bank has something to take as security, and title either exists already or arises on the day of the deal.
We take no commission from the buyer: on developer apartments the developer pays the fee.
What to check here specifically
The building is finished, so what matters here is not the developer paperwork but the building and the apartment. Look at the entrance, the lift, the courtyard and the parking on site rather than in photographs, preferably in the evening when all the cars are home. Ask who runs the building and what it costs per month: the tariff is already known and does not have to be guessed.
On the apartment: whether title is registered yet, because until it is the flat cannot be sold or mortgaged. If an owner is selling, this is the resale market and it is checked as such.
And the thing a listing never shows: how the management company actually works. In a finished building that is a fact rather than a promise, and it is easy to establish. Ask the neighbours in the courtyard whether the refuse is collected on time, whether the lift works and what the monthly bill comes to. One five minute conversation replaces everything a seller says about comfort.
document and developer checks.
Is the building already finished?
Yes, completed in 2016. That means you are looking at a finished building rather than a date in a contract: the entrance, the lift, the courtyard and the neighbours are there to see.
Who is the developer?
ZARS.
What apartments are on sale?
Floor areas from 50-200 m², 2 to 10 rooms. What is available today, with layouts and prices, is on the complex page: availability changes daily.
Can it be bought on instalments?
Yes, developer instalments are possible. There is usually no interest, but read the clause on revising the price and on late payment. Mortgages and state programmes are possible too.
Does the buyer pay a commission?
No. Apartments in new builds sell at the developer price and the developer pays the agency fee. The layouts and purchase terms in The Karkashadze Houses can be reviewed together with a FAKTOR specialist.
If The Karkashadze Houses in Odesa does not fit, we look at these: The Evropeyskiy in Odesa, The "House on Yevreyskaya" in Odesa, mortgage, valuation, state programmes.
We will shortlist options for your budget and guide the deal from the first viewing to signing.
ZARS
