Tetris Hall
61%
When Tetris Hall opened in 2017, its twin towers of glass and steel instantly reshaped Pechersk. With its rooftop pool, private courtyard, and panoramic skybridge, Tetris Hall instantly set a new, global standard for Kyiv luxury. For several years, prices climbed steadily, then paused. By early 2020, the market had found a rare equilibrium: limited supply, stable demand, and values just below replacement cost.
It was the kind of pause that precedes movement.
Investor Journey
The project unfolded with deliberate logic. The investor entered during a short window when prime units traded below build cost.
The property’s price per square metre rose from $3,100 → $6,250, while continuous rental occupancy preserved cash flow.
Renovation added measurable value – not aesthetic excess, but market functionality that justified higher rent and faster turnover.
Continuous occupancy stabilized cash flow, allowing the investor patience for the right resale moment. When international tenants and buyers returned to Kyiv in mid-2021, the apartment was already performing at full potential and sold without delay. In essence, it was an operational cycle executed with developer precision – identify, upgrade, stabilize, and exit.
Feb 2020
May 2021
$3,102/m²
$6,250/m²
Investment Overview
In February 2020, an investor purchased a 56-square-metre apartment in Tetris Hall for $173,720 ($3,100/m²). The unit offered strong structure but a dated finish.
Over the next three months, $56,000 was invested into a comprehensive renovation. It was specifically aimed at the executive rental segment, where demand consistently outpaces supply in Pechersk.
By May 2020, the apartment entered the market at $1,700–1,800 per month and was leased within weeks. The resulting annual rent, generated around $21,000, immediately validated the renovation strategy. By 2021, high-end stock tightened further: developers delayed new launches, foreign tenants returned, and resale activity in Tetris Hall accelerated.
By May 2021, the apartment was valued near $350,000 ($6,250/m²)—a 102% increase in fifteen months. After deducting renovation costs, the project produced a total return of $141,280, or 61% ROI.
Performance Summary
Returns were driven by market fundamentals – limited new supply, consistent expatriate demand, and a proven address.
In financial terms, it was efficient capital rotation; in strategic terms, an example of disciplined execution in a narrow window of opportunity.
The result: $141,280 in total gain, steady rental income that offset carrying costs, and a complete investment cycle compressed into fifteen months.
61%
$371,000
$229,720
$141,280
Strategic Location
Pechersk District,
Kyiv
Situated on Dilova Street, Tetris Hall sits at the intersection of Kyiv’s embassy quarter and business core.
With immediate access to Olympiiska metro, Gulliver Business Center, and high-end retail, the location delivers both prestige and liquidity – qualities that ensure Pechersk properties remain resilient through every cycle.
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