Ukraine is an up and coming housing market, it has emerged.

Not only does the Ukraine country offer stunning coastlines, but it also has a low cost of living, which is enticing people to buy off-plan properties at a significant profit, according to David Stanley Redfern.

Liam Bailey, spokesperson for the property investment specialist, commented that many people buy the properties in order to rent them out as holiday homes.

"It's a very good holiday destination so especially in peak season the places on the coast will be great holiday spots," he said.

"The skiing's really good in Ukraine as well so people do tend to buy them as holiday homes and then rent them out. There are some really good deals in places where there's skiing."

Ukraine is the largest country that has borders that do not come out of European territory; its total area includes 603,628 sq km, representing 5.7 per cent of Europe.

People considering moving overseas or building holiday homes abroad should ensure they have sufficient self-storage to handle their goods.


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