Russian real estate developers hope to earn billions in the occupied parts of Ukraine

Russian real estate developers hope to earn billions in the occupied parts of Ukraine

Projects are being carried out in the occupied parts of Donetsk, Luhansk, Zaporizhzhia, and Kherson regions, where real estate developers can obtain cheap financing for their projects – interest rates can reach about 3%, and housing loans are offered to buyers with just a 2% interest rate.

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Mariupol, which was almost completely destroyed during the Russian siege in 2022, has become one of the main centers of this construction boom.

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