Typically people in the FSu live in "flats" that they own. Most of the time the building were buildt by the government as cheaply as possible. And way-back-when it was not unusual to have long waiting lists before a young couple or family could get a flat.
Of course there are old houses in every FSU city I have been in (three countries) but my guess is that it was difficult to maintain a private house (?) and that when the state provided housing it was in the form of high-rise flats.
MANY of these building have aged very poorly. When I first saw the building that my fiance lives in with her mother - I would have guessed the building to be 80 or 90 years old and badly maintained at that. I was AMAZED to discover that the building was actually only TWENTY years old and that my fiance clearly remembered moving in when it was brand new. The building is literally falling apart under them. It is not uncommon to see extrnal wall pieces just falling off. Pipes are cheap, steel and WELDED making them especially difficult to work with. There are no individual hater heaters unless flat owners put them in much later - and hot water is not available for months at a time during the winter. The bathroom had a single corroded faucet that sericed bother the bathtub and the sink - who just repositioned the water spout part.
With the fall of the Soviet Union people owned their own flats - I am not certain if they purchased them from a central authority or what - I never asked. But I do know that people are free to sell or trade flats now.
20 year old building falling apart No hot water for periods,
Jet is your Fiance here now or still there?
Could you imagine Shipping 500,000 women over there from America
With nothing but there passports and telling them to live like that.
They would get there butts kicked everyday From hard working Russian ladies.
Everyday Here I learn so much about the Ladies and life there,
I have gained so much Insight from all you guys and I thank you
all.
Now on the ligther Side if you all didnt have Fiances I'd hook
you all up at a social :) lol.
Jet
From what I have been told by people living in these flats, those who were occupying Flats and Apartments when the old system (I think Pre 1991) finished, they got given these apartments.
BUT. I do not think they can sell them, or sublet them.
My 1st lady from Samara, could not rent her apartment out, she wouldn’t answer the query I made about selling it. I didn’t push this point for obvious reasons. But when she was organizing to come to NZ, she was going to let her brother use the apartment.
I hope someone on here can give accurate info on this. But I do know, they were not purchased in the beginning. That is why I was I questioned you when you were talking about your lady doing renovations etc and then selling her apartment. Let me know what you think of this ??
I also, just a few days ago, had another experience on this. I asked my lady in Kiev, if the people that her and I are renting the apartment off, would give me a receipt for proof of our 2 month stay. This all helps when we submit out Visa application, for proof of “stable Relationship criteria Bullshit”
She told me, that they could get into trouble and she thought they would be very reluctant to do this. So again, they are not meant to sublet !!!!
My fiancee bought her flat about 10 yrs. ago. I think they're going for 13-19 thousand at todays prices. I still can't understand how they afford them at those prices considering she only makes $1,000 a year teaching English in College.
When she comes here, we are renting it out and letting her parents have the money. I have no idea how much rent one can get for a flat with 1 small living room, a tiny kitchen, and a microscopic bathroom. Whatever she gets will surely help them out.
Even if it is only $25 a month, that will match her father's military pension. Moldova is the poorest country in all of Europe. (Eastern and Western) There are only 3 other countries in the world that are poorer. I think people from those 3 countries live in huts, not flats. In my own opinion, Moldovans still live a fairly normal life at least in the capital city Chisinau. I imagine that it is the small, outer villages where the poverty level comes into play. Now on the other end of the spectrum, Moscow.... I couldn't afford to stay 3 nights in a hotel let alone buy a flat there and St. Petersburg is just as bad.(expensive) I have been thinking about buying some vacation property down by the Black Sea (Crimea Region) before it becomes too expensive. It is starting to become a hot commodity and soon it will be out of my range if I don't act quickly.
Dale
Do you know 100% that she purchased the Flat. And as you say, How would she be able pay for it. Non of them use Banks, they don’t have mortgages. Even if 10 years ago, she got it for $3K it is still a mammoth task for her or any other to save that much.
Did you read what i wrote above, i wouldn't mind betting a family member or friend will take over the Flat. Let me know, it is a subject i am keen to monitor.
I don't like asking to many questions to the ladies, encase the think i am after the money !!!! :-) :-)
I also know for a fact that my fiance can seel her flat - she and he mother live in a very small one as well. It has a tiny kitchen with a TV tray size table and two chairs - a third person (not sitting) can stand in there but that is the limit. There is a closet that has a toilet. Another slightly bigger that has the bathtub and a sink. One tiney dedocated bedroom and a "living room" that doubles as her mothers bedroom. Neither she nor her mother sleep on beds but use fold out sofas. And there is a small hallway.
The reason I know that hse can sell it is that she told me that they considered it just three years ago when she got sick. She said it was way too big for two people and actually meant for three (!!!!) I looked at her face, to see if she was smiling and she wasn't! She told me that there was another apartment avaibale in another part of town WITHOUT the bedroom and she and mommy could have sold theirs and bought the other and kept the $8,000 to $10,000 difference. She said it would have meant her and mommy sleeping together and sharing a room but that would have been okay.
Moldovans do not know or dwell on how poor they are. ONEKIND points out that an American woman would never be able to do that and is right.
My ex from Samara same size as you mention above. Her and her daughter slept in same room on foldout settee’s.
I am a little confused on this point. I still question what you are both saying. I don’t disbelieve you, but something is NOT adding up.
You see Jet & Dale, I am researching buying an apartment in Ukraine. I am not getting run over in the rush to show me apartments to view let alone buy. If I want one I will probably have to go through an agent and it will be an apartment in a developing block that was ex government owned.
of course it is possible to sell and buy apartments. During the last two years the prices for real estate has been growing up dramatically in Chisinau.
So soem people make interesting money to sell their bigger ones and buy smaller ones.
Also it is possible for foreigners to buy any sorts of real estate there. But for this you have to have a company there or pay enough bribe.
The houses in the centre of Chisinau are also in private ownership. I must add, that I am a bit into real estate business in Chisinau.
Jet, following official datas Moldova is in fact the most poorest country in Europe. But the official datas are not correct. People have mostly much more money, regardless the funds come from. For example nearly in every family there is someone working abroad transferring money back to Moldova. The spread between poor and wealthy people in Moldova is very big.
Max- Jenia OWNS her flat. I asked her how she could afford it and she simply said that she saved for it. I didn't ask any further. Jenia makes money on the side giving English 4 hours a day. maybe that's how she saved, I don't know. WT is right about the houses that are being built in the center of town. They belong to the rich and famous. I can't say how real estate is for Ukraine.
Max
My lady is in Ukraine, her parents own their flat and she had saved a substantial sum to buy a flat for herself, but when her daughter was married she bought the flat for her instead. The previous lady I was with lived in Mariupol, she owned her own house on the outskirts of town. This was a three bedroom place on I would guess a half to three quarters of an acre of land. I was discussing property values with her family one day and they said I could but a house like hers for less than $6000 USD. This is a factory town so I could not guess at the same house in Kyiv or Odessa.
Good Morning, Hey World how does one go about finding prices for real estate
there. Dale talks about property by the black sea, I would be interested in finding out like prices and like you said bribes.
Hey Bill what about taxes on a place you purchased lets say you bought a flat
for 6000 dollars is there yearly taxes or monthly?
Wouldnt it be worth your while lets say you planned on going there
Min of twice a year for your life.
One
Never talked about the the property tax rates. I would consider purchasing something on the Black Sea and I doubt that there is any correlation between say outside of Odessa and Mariupol.
I think first you should decided where to find your female soulmate and after to search for real estate :-)
First of all I have to say, that I NEVER spend any coin for bribing in Moldova during all the years. I categorically refuse to follow the local mentality there. This leads sometimes to some misunderstandings with my business-partner there :-)
Prices for newbuilt apartments range about 500EUR in the centre and 400EUR in the suburbean area per squaremeter.
Locations along the main street, St. cel Mare, in a good shape ask for at least 1.000EUR per squaremeter.
Thanx Dale -& wm - WT
Sorry, I wasn't meaning to doubt your women’s words or your own. It is a subject that I am a little confused over, and as I said above perhaps one day act on myself.
Looking in Kiev & Crimea regions will be more difficult and far more expensive.
I will have a very intelligent guide next 2 months so will do some inquiry from inside the circle instead of trying to do it via the internet and being a Foreigner. I am sure I would be targeted to be fleeced and made pay via developer or speculator without insider assistance.
I will keep you posted on my finds and information as things come to hand, once over there.
I think you were responding to the wrong guy. It wasn't I who mentioned that Moldova was the poorest country in Europe. And I am well aware that nearly every family has someone living abroad sending money in, most of the benefactors actually living illegally abroad. According to one recent study - more moeny comes in from family member than from ALL international trade put together. That's amazing. Further - since so many people ARE living abroad illegaly population figures are almsot meaningless as as much as 20% to 25% of all those OFFICIALLY living in Moldova aren't really there. They are in Southern Europe, other FSU countries and the rest of Europe in that order. Many of these people are women who were originally tricked into movng abroad (traficked) some went willingly - but nearly all send money home.
Another good subject.
Marina says that at the moment her apartment is worth about $46,000 IF she could sell it. She had the offer of a good job in her beloved cascus region and couldn't take it because of the difficulty selling her place. It is a dump but that is par for the course. People are renovating their places over there the same as they do in the States.
Direct quote:-
"I to pay for public service by mine an apartment 1200 roubles."
That is sort of like property taxes or whatever you want to call it. You can round that off to maybe $50 a month. therefore it would be quite possible to keep that place and find some use for it when we visit etc.
Apparently they have had a spike in real estate prices the same as we have here in the States. Trouble is that they don't have the whole credit infrastructure in place to buy. That also includes cars and everything else.
I worked with a Rumainian friend. He kept his whole place going in Rumania for les than $50 a month. He had a garage with his car parked in there and when they went back there was even food in the cupboard. Recently he casually decided to go back for a few years. He doesn't want his kids in daycare or attending an American school. So he sold his house, car and everything else, cashed out his pension and 401K and caught a plane. It was like he stepped off a bus onto the sidewalk. We could end up with a similar situation until we figure it out.
I see it eventually being sold and maybe buying a dacha on the Black Sea or something. Who the hell knows there is too much going on right now to work anything out.
Back to school for you, and put the Donkeyears on!
No One, he's close but got things mixed, swapped, or 'tit over ass' if you like.
One Euro is worth about ~1.25 Dollar, i.e. the Euro is worth more.
This whole thread surprises me. I cannot see any real benefits to own real estate so far away, except of course for those who are bulging in their money. Then only convenience may be the goal, the reassurance of having accomodation during trips there. It is not an investment (by this I mean a direct source of money) if letting is the aim, and then also an agent must be considered - with all potential problems & cost. Rates & Taxes are probably low (WT??), and the long term future is rather unsure, even in the mentioned 'boom'-areas.
WT, those prices you indicate, they're for new-built houses/app. or for refurbished existing one's? Interesting work you do, let me guess - mediator for foreign (i.e. not local) investors in the property market?