Videos · Interviews and the team
Sean Almeida interview: running a real estate company in Kyiv (Part 2)
38:36 · 2021
Part 2 of the big interview with Sean Almeida, CEO and founder of Vestor.Estate, recorded in 2021. Sam Kearley asks where the company goes in the next five to ten years, how the market has changed since the company started, why Vestor.Estate works in one square kilometre of the historic centre, and how historic buildings compare with new ones for an investor.
Chapters
- 0:00 Where the business goes in five to ten years
- 2:10 Building for local tenants, not only expats
- 4:14 Changes in the market since the company started
- 5:56 Price cycles since 2008
- 7:11 IT sector and a diversified economy
- 8:10 The gap between expat and local prices
- 8:58 One square kilometre of focus
- 10:58 Branching out to other cities
- 14:00 One agency per owner, not five
- 17:01 Escrow deposits that move faster than cash
- 18:06 Next service: insurance
- 19:17 Managing from abroad on a power of attorney
- 19:58 Walkthrough: staging and kitchen
- 22:08 Historic buildings vs new buildings
- 24:17 New-build risks: permits and shell-and-core
- 28:04 Parking spaces
- 30:05 Exit options for investors
- 37:03 Advice: patience and persistence
- 37:13 The balcony view
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