February 24, 2025
According to Rostyslav Melnyk, CEO of RIEL Real Estate Corporation, such government initiatives as eVidnovlennia and eOselia are effective mechanisms to help citizens cope with difficult situations under martial law.
“Given the inflation rate we have in Ukraine, a mortgage at 7% is quite favorable. And if you have the opportunity to get a loan at 3%, which is much lower than the inflation rate, you will actually save money. The capabilities of the state today and in the future largely depend on the funds we can or cannot attract from international donors and programs. This should be taken into account, especially given the recent realities,” he said in a comment to Finance.ua.
According to Melnyk, in Kyiv, a large share of applicants for the eOselia program are military personnel and people related to defence, rescuers, and law enforcement officers.
“This can be explained by the fact that these categories often have state-specific benefits or access to preferential lending terms. In addition, many of them are interested in getting their own housing in the capital,” he emphasized.
In his opinion, the situation in Lviv is different, as the city is one of the largest centers for IDPs from the frontline or more dangerous regions.
“In addition to privileged categories, our clients are also IDPs. After all, many of them have already established life and work here, moved their small businesses, etc. They want to get a foothold in a relatively safe city, so they are interested in buying a home through eOselia or other programs,” Melnyk commented.
It should be noted that Real Estate Corporation offers mortgage housing in both Lviv and Kyiv. For detailed information on lending terms and offers, please contact sales departments of the company.
