Lviv has become a 'little Paris' for investors: why housing prices will rise by another 30%.

Lviv has gained popularity among investors, who compare it to a 'little Paris'. The demand for housing in the city and its surroundings remains high, even in the face of economic difficulties. Property prices in Lviv are increasing by 10-20% annually, making the market one of the most dynamic in Western Ukraine. There is particularly high demand for secondary market apartments and cottages in the suburbs.

'In Lviv, there are prices for different categories of buyers. If we take the suburbs — a square meter costs from 1100 to 1300 dollars. In the best locations with well-known developers, it’s already 1500–1800 dollars. And this is still at the zero cycle stage'

, — said realtor Ruslana Artym. She also noted the constant changes in the situation in the secondary real estate market. Apartment prices in the center of Lviv are rising due to demand focused on stability and comfort. Prices in the center range from 1300 to 2300 dollars per square meter, depending on the renovation and conditions. Secondary market apartments, such as 'Cheshky' and 'Khrushchyovky', are in demand because they can be purchased already with repairs and furniture for 1300–1400 dollars per square meter. Cottages in the outskirts of Lviv, particularly in the Sokolinyky and Zubra areas, are also popular. Among Lviv's competitors in the real estate market are Ivano-Frankivsk, Uzhhorod, and Kyiv. Due to its location, infrastructure, and tranquility, Lviv experiences stable demand. It is forecasted that property prices in the city will continue to rise by 10-20% annually. Therefore, the real estate market in Lviv remains one of the most active in Western Ukraine, and successful construction projects receive positive feedback from buyers.