Buy an apartment in Odesa and the region
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Real estate agency
What an apartment costs in Odesa
The median price per square metre across the city is 1 225 $, the middle of the list: half the apartments cost less, half cost more. In new builds the metre is 1 270 $, on the resale market 1 210 $.
Apartments sell from 10 900 $. That is the third lowest price rather than a single cheapest listing: at least three apartments sit at or below it, so it shows the real entry point.
The gap between districts exceeds one and a half times, and that is what decides what your budget buys. Prices by district and building type are on the prices page.
How to choose an apartment in Odesa
The price of an apartment in Odesa depends above all on the district. The most expensive apartments are near the sea: Arcadia, Fontan, Frantsuzkyi Boulevard, and the historic centre. Apartments are cheaper in Tairova, Cheriomushky, Moldavanka, Peresyp and the north of the city. In the region, in Fontanka, Kryzhanivka, Avanhard or Chornomorsk, the same budget buys more space.
The second question is resale or new build. A resale apartment is ready to move into, you can see it as it is and complete the purchase straight away. A new build offers a more modern layout and a lower price during construction, but the developer, construction progress and the building documents need a careful look.
Apartment prices in Odesa
How much an apartment in Odesa costs by district, number of rooms and building type: see apartment prices in Odesa, with the median price per m² by district, neighbourhood and street.
How many rooms to choose
A one-room apartment is often bought as a first home or to rent out: it is easier to let and easier to sell later. A two-room apartment suits a couple or a family with a child and is the most searched type on the market. Three rooms or more are for families who need separate bedrooms and a study. In new builds, smart apartments and apartments with a kitchen-living room are popular too.
What the catalog shows
Every apartment has photos, the address, floor, area and price per square metre. Filters narrow the list by district, number of rooms, budget and building type. Listings come from the agency database and are updated daily, so a sold apartment disappears from the list.
How to buy an apartment with FAKTOR
An agent arranges the viewing, shows you the apartment and tells you about the building and the area. The agency helps check the documents for the apartment and the seller and supports the deal up to signing at the notary and handing over the keys.
To start, leave your number in the form on the apartment page or call us: an agent will pick options for your budget and district.
Primary or secondary: what the catalogue holds now
There are 2 497 listings. The difference is not only price: a square metre in Odesa new builds is 1 572 $ now and 957 $ on the secondary market, and those are city averages rather than figures for any one building.
Primary stock is bought for the layout, the parking and the condition of the building; secondary stock for the location and for being able to move in at once. For the eOselia programme the difference is fundamental: most categories need a new build or a building no older than three years, while only internally displaced people may buy secondary housing up to twenty years old.
What a flat in Odesa costs
The long answer depends on the district and does not fit into one number: the gap between Prymorskyi and Peresypskyi in price per metre exceeds one and a half times.
To avoid comparing a city average with a specific flat, look at the monthly district price report: it updates automatically at the start of each month and sits on the prices page.
One room, two rooms or three
One room flats are the most liquid: they let faster and sell faster, which is why compact new builds are mostly made of them. Two room flats cost more per metre in real terms, but people live in them rather than invest. Three room flats are scarce in Odesa new builds, and they are worth asking about building by building: some complexes have none at all.
If you need a particular number of rooms in a particular district, say so at the start. The catalogue filter shows what exists now, while we also see what comes on sale in the coming weeks.
What the agency checks before you pay a deposit
Four things, and each of them breaks deals more often than people expect. Title and the chain of ownership, because a flat may have co-owners the seller did not mention. Encumbrances, seizures and debts. The seller documents, including a spouse consent where one is required. And for a new build, the construction permit, the land title and the sales scheme.
That is a lawyer job rather than a formality, and it belongs before the deposit. After the deposit the check turns into an argument about getting money back.
If you are buying under the eOselia programme
The rate of 3 or 7 per cent for the first ten years depends on your category rather than your income. The terms, the area norms and the list of categories are covered in the article on programme terms, and checking a specific building in checking a new build.
The thing worth knowing before choosing a flat: accreditation of a building comes from the bank rather than the developer, and bank lists differ. So the flat and the bank are chosen together rather than one after the other.
Bargaining: where it is real and where it is not
On the secondary market bargaining depends on why the owner is selling. A flat sold without a deadline bargains badly; one sold because of a move or a division of property bargains noticeably. On the primary market there is no bargaining in the usual sense, but there are instalment plans, promotions on particular floors and slow moving units a developer will release cheaper.
We can see how long a given flat has been on sale and how many times the price has changed. That is what grounds a negotiation, rather than general talk about the market.
If the flat is for letting rather than for yourself
Searches about renting in Odesa are roughly as frequent as searches about buying, which shows in what people actually type. For an investor that yields a simple rule: liquidity matters more than layout. A compact flat in a new building with gated grounds lets quickly and with almost no vacancy, while a large layout in the same building looks for a tenant for months.
The second rule is less obvious. Buying to let works better where there are already neighbours and a working courtyard than in a building completing next year: an empty quarter produces no tenant, even when the flat is ready.
For you
How we will help you
- Search by budget and districtWe send options that are actually on sale today.
- Viewings with an agentThe agent goes with you and shows the property on site.
- Document checks and support to registrationWe take the deal from the deposit to the notary and registration of title.
- Valuation and sale of your propertyWe suggest a price based on similar listings and handle the viewings.
FAQ
Frequently asked questions
What does a flat in Odesa cost
District figures differ; current ones sit in the monthly report on the prices page.
How many flats do you have on sale
Currently 4 184. The figure is read from our database each time the page opens.
Where are flats cheaper in Odesa
The lowest price per metre is in the Peresypskyi district and the highest in Prymorskyi. The gap exceeds one and a half times, and it decides what your budget can buy.
Can I buy from a developer without an agent
You can, and the developer price is the same as through us: the commission is paid by them, not by you. The difference is that we compare several buildings and check the documents, while a sales office shows only its own.
What about one room flats in Cheremushky and in Prymorskyi
Those are two different markets: Cheremushky is cheaper with more secondary stock, Prymorskyi dearer with more new builds. Tell us the budget and we will show both side by side.
How long does a purchase take
Without a mortgage, from a week to a month depending on the seller documents. Under eOselia, from three weeks to three months: the valuation, the certificates and the accreditation take longer.
Do I need a lawyer for a new build
You do. In a new build what is checked is the developer documents and the sales scheme rather than the history of the flat, and the risk is not smaller, only different.
What is the agency commission
For a buyer there is no commission on a purchase: it is paid by the selling side or by the developer. We state the terms for a specific property before the viewing, not after.