Parking spaces in Kyiv are already more expensive than housing: in Tetris Hall the price reached $60,000

The cost of parking spaces in Kyiv is rapidly increasing - in some residential complexes the price per car space already exceeds the cost of a one-room apartment. The highest prices are recorded in the elite areas of the capital - primarily in Pechersk, where the cost of a parking space can range from $22,000 to $27,000, and in some complexes, such as Tetris Hall 2, the price reaches $60,000.

In central districts, in particular in Shevchenkivske, the range is slightly lower — from $18,000 to $24,000, but in some locations — up to $45,000. Against the background of the general increase in housing prices, this creates a paradox: a parking space in the center of Kyiv costs more than an apartment on the outskirts of the city.

In areas further from the center, the situation looks calmer. In Obolon, Lukyanivka, and Solomyanka, underground parking spaces are sold for $13,000–17,000. It is even cheaper in Troyeshchyna, Svyatoshyn, and Vynohradar — from $7,500.

Experts explain: the market is experiencing increasing pressure from demand. In recent years, the number of cars in Kyiv has exceeded 1.2 million, and this figure continues to grow. However, developers are in no hurry to invest in the construction of full-fledged underground parking lots, especially in economy-class housing. As a result, there is a shortage of places and an increase in cost.

The situation is worsened by the introduction of fines for chaotic parking, which forces car owners to look for legal options. Another factor is investment attractiveness: owners of spaces actively rent them out, receiving a stable profit of 7–9% per annum.

Formally, a parking space is a non-residential object, but in the conditions of the Kyiv market it is already turning into a separate investment asset. In particular, in the primary market, developers often sell spaces separately from apartments, and in the secondary market, they resell them with a good margin.

This creates a new social inequality: the owner of a car without parking is forced to either violate the rules or pay rent, while those who managed to buy a space can either park peacefully or earn money from someone else's needs.

In the capital, where space is becoming more expensive, owning a parking space is becoming a luxury, sometimes costing more than housing. And while the city authorities are only partially solving the problem of chaotic parking, prices for "underground squares" continue to rise.

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