DIM launches long-term installment plan in hryvnias at 10% interest for homebuyers
The DIM Group has launched a proprietary long-term installment plan in hryvnia with an annual interest rate of 10% for purchasing residential property in the developer's projects, the company's press service told Interfax-Ukraine.
"We're seeing demand from buyers who dream of owning a home or need to improve their housing conditions but, for various reasons, don't qualify for government programs. That's why we've developed this new product to meet the growing demand among Ukrainians who are ineligible for the state-run eOselia program but are still interested in acquiring quality homes in the comfort+ segment and above," DIM Group managing partner Oleksandr Nasikovsky was quoted as saying.
Under the program's terms, the installment plan is offered for a period of 10 years with an option for early repayment. The per-square-meter price is fixed in the contract in hryvnia. The down payment starts at 30% of the property value. The annual interest rate is set at 10%, while military personnel, State Emergency Service workers, and military medics qualify for a reduced rate of 8%.
The developer will pilot the installment plan in Kyiv-based residential complexes Metropolis, Lucky Land, and Park Lake City, as well as to a limited extent in the Olegiv Podil club house during June and July to assess real demand among consumers. DIM plans to scale the program across all its residential projects.
As reported, DIM Group supports increasing the maximum loan amount available under the government's eOselia program in line with rising per-square-meter housing prices. According to Nasikovsky, residential property prices are expected to grow by 15–20% in 2025.
DIM's development portfolio includes over 900,000 sq. m of residential and commercial space in the city of Kyiv and Kyiv region. The company has commissioned 3,670 apartments and built more than 356,000 sq. m. Six projects totaling over 346,000 sq. m are currently under construction.
