What ZHYTLOBUD-2 does

ZHYTLOBUD-2 is a Kharkiv, Ukraine-based residential and commercial real estate developer founded in 1943, operating as ТДВ (Ukrainian limited liability company). The company develops multi-class residential complexes across Kharkiv spanning Economy+, Comfort, Comfort+, Business, and Premium tiers, including flagship projects ZhK Pavlivskyi Kvartal (Business), MFK Manhetten (multi-functional Business complex), ZhK Prolisok, ZhK Meridian (Economy+), ZhK Akvamaryn (Comfort+), ZhK Oktava, ZhK Podvirya, the international ZhK DESIRE in Antalya, Turkey, and AURA Resort & Spa in Bukovel. Its core proprietary construction technology is monolithic reinforced concrete frameless frame with gas block walls, delivering service life exceeding 100 years, free layouts without load-bearing walls, and 25% lower heating costs versus brick buildings via thermal conductivity of 0.13-0.15 W/(m·°C). The company also deploys Scanroc ventilated facade systems and has patented author energy-efficient construction technologies submitted to the Ukrainian state program.

The business model centers on one-time apartment sales across its portfolio, with revenue diversification through developer installment plans at 18% annual rate, mortgage financing via partner banks Globus and Ukrgasbank, tower crane rental (KBM-401P and JT140-8 with full assembly/operator services), apartment redesign services (35-60 UAH/sqm), and international premium project sales in Turkey marketed under Best Western hotel management. Go-to-market is sales-led and direct: customer service department at Kharkiv headquarters handles phone sales, callback requests, online presentations, and an agent referral program (14,000 EUR commission) for international projects. Customer segments include individual homebuyers, international property investors seeking Ikamet residency (Turkish investments over $200,000), luxury lifestyle buyers in Antalya, and real estate agents.

Despite Russia's full-scale invasion since February 2022, during which Kharkiv buildings were damaged by shelling and primary real estate market sales were zero, the company continued operations, self-funded reconstruction of damaged structures, preserved most of its team, maintained active projects, and executed international expansion. The company is privately held with no external institutional investors identified; management is led by Managing Director Oleksandr Konyukhov (since 2003) and Supervisory Board Head Dmytro Krolenko.

Name

ZHYTLOBUD-2

Legal name

ТДВ "Житлобуд-2"

Website

https://zhilstroj-2.ua

Company type

Private

Founded year

1943

Operating status

Operating

Headcount range

11–50 employees

Short description

ZHYTLOBUD-2 is a Kharkiv, Ukraine-based residential real estate developer founded in 1943, building monolithic-frame housing across multiple price tiers. It serves individual homebuyers and investors in Ukraine and internationally through premium projects in Turkey.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117), New Single-Family Housing Construction (except For-Sale Builders) (236115)

SIC

General Bldg Contractors - Residential Bldgs (1520), Operative Builders (1531)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industry

Residential Design-Build & Renovation-Integrated Builders (IMAFABAE)

Keywords

• Residential real estate development
• Apartment construction
• Monolithic frame construction
• Housing development
• Construction services

Headquarters

HQ city

Kharkiv

HQ country

Ukraine

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Residential Real Estate Sales: Primary revenue stream from selling apartments in residential complexes. Sales through preliminary contracts and construction financing fund.
2. Construction Equipment Rental: Rental of tower cranes (KBM-401P and JT140-8) with full service including selection, delivery, professional assembly/disassembly, redeployment, and operator services.
3. Apartment Redesign Services: Apartment redesign service for company clients allowing layout customization during construction phase. Cost from 35 to 60 UAH per square meter.
4. Installment Payment Plans: Developer installment plans with 18% annual rate on remaining balance. Minimum first payment 30% for 3+ room apartments, 40% for 2-room, 50% for 1-room.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

ZHYTLOBUD-2 is a residential real estate developer that builds and sells apartments in multiple residential complexes across Kharkiv, Ukraine (and a premium complex in Antalya, Turkey), using proprietary monolithic-frame construction technology with energy-efficient gas block walls. In addition to apartment sales, the company provides complementary construction services including tower crane rental (KBM-401P and JT140-8 models) with assembly/disassembly/relocation/operator services, and apartment redesign/layout customization during construction. Customer financing is supported via developer installment plans and partner-bank mortgages (Globus, Ukrgasbank).

Product overview

ZHYTLOBUD-2 is a construction company that develops residential and commercial real estate in Kharkiv, Ukraine. The company operates as a construction developer offering multiple residential complexes across different price segments (Economy+, Comfort+, Business, and Premium classes), including ЖК «Павлівський Квартал» (Business), МФК «Манхеттен» (Business multi-functional complex), ЖК «Меридіан» (Economy+), ЖК «Пролісок», ЖК «Аквамарін» (Comfort+), ЖК «Октава», ЖК «Подвір'я», and international projects like ЖК DESIRE in Antalya, Turkey (Premium class with Best Western hotel management) and AURA Resort & Spa in Bukovel. In addition to real estate development, the company provides construction services including tower crane rental (КБМ-401П and JT140-8 models) and apartment redesign services.

Differentiator

Problem solved

Functional benefit

Products and services

• ЖК «Павлівський Квартал» (ZhK Pavlivskyi Kvartal) Business-class residential complex consisting of two buildings (phases) with variable height of 17-21 floors in the first phase and 12-20 floors in the second phase, located on Klochkivska Street in Kharkiv. Priced at 38,500 UAH/sqm.
• МФК «Манхеттен» (MFK Manhattan) Business-class multi-functional complex with four residential buildings (19-21 floors each), a three-story commercial complex, and a two-level underground parking garage, located near Zakhysnykiv Ukrayiny metro station on prospekt Moskovskyi, 97. Priced from 28,200 to 37,160 UAH/sqm.
• ЖК «Меридіан» (ZhK Meridians) Economy+ class residential complex consisting of four 19-story point-type houses, nine 13-story single-section houses, and seven 16-story single-section houses, located in Northern Saltovka district near Heroiv Pratsi metro station. Priced from 19,701 to 24,000 UAH/sqm.
• ЖК «Пролісок» (ZhK Prolisok) Residential complex consisting of 33 sections across 12 buildings (heights 10-14 floors), located near the Palace of Sports metro station at the intersection of prospekt Leva Landau and prospekt Moskovskoho. Priced from 22,983 to 33,177 UAH/sqm.
• ЖК «Аквамарін» (ZhK Akvamaryn) Comfort+ class residential complex consisting of five residential groups with individual entrances, fencing, and security, located in Oleksiivka district near the river at perevulok Bukovyi, 4. Priced from 27,500 to 29,900 UAH/sqm.
• ЖК DESIRE (ZhK DESIRE) Premium-class residential complex in Antalya, Turkey consisting of residences and hotel apartments, with pools, coworking space, concierge service, fitness and spa center. Managed by Best Western with predicted rental profitability up to 15% per annum. Hotel apartments type 1+1 start from 144,900 EUR.
• ЖК «Октава» (ZhK Oktava) Residential complex located near the Arch. Beketova metro station at vul. Sadova, 9 in Kharkiv. Priced 1,250–1,400 USD/sqm.
• ЖК «Подвір'я» (ZhK Podvir'ya) Residential complex located in Kholodna Hora district at vul. Kuriazhска, 16 in Kharkiv, in a green neighborhood. Priced from 20,000 UAH/sqm.
• AURA Resort & Spa Resort and spa complex located in a green district of Bukovel, Ukraine. Priced from 2,500 to 3,600 USD/sqm.
• Tower Crane Rental (Оренда баштових кранів) Rental of tower cranes (models КБМ-401П and JT140-8) with full-service support including model selection, delivery, professional assembly and disassembly, relocation between sites, and crane operator services. KBM-401P monthly rental: 75,000–95,000 UAH; assembly 110,000–150,000 UAH; disassembly 90,000–120,000 UAH; relocation ~120 UAH/km; operator 1,200–1,500 UAH/shift. JT140-8 monthly rental: 140,000–175,000 UAH; assembly 280,000–380,000 UAH; disassembly 220,000–300,000 UAH; relocation ~140 UAH/km; operator 1,600–2,000 UAH/shift.
• Apartment Redesign Service (Перепланування) Apartment layout redesign service enabling the company's clients to customize floor plans together with the company's architects during the construction phase. Cost ranges from 35 to 60 UAH per square meter.

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Best Western HotelscoreStrategic or Co-development Partner · 1 January 2023Best Western, one of the world's largest hotel chains, manages hotel apartments in DESIRE complex in Antalya, Turkey. They handle property management, ensuring high occupancy and rental income for investors. Predicted rental profitability up to 15% per annum.
• Turkish Construction PartnercoreStrategic or Co-development Partner · 1 January 2023Turkish developer with over 30 years of history building DESIRE premium residential complex in Antalya. Житлобуд-2 serves as sales and marketing partner for Ukraine market.
• Teus GroupminorChannel Partner/ Reseller/ DistributorInternational real estate partner for cross-border property marketing and sales.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Blagovist: Kharkiv-based residential developer with similar local market focus. Comparable regional competitor for buyer demand and land in the Kharkiv metropolitan area.
• Ağaoğlu Group: Major Turkish residential developer active in Antalya and Istanbul with luxury and resort-style projects. Relevant peer for ZHYTLOBUD-2's DESIRE Antalya venture and exposure to Turkish resort real estate demand.

Direct peers

• KAN Development: One of Ukraine's largest residential developers, building mid- and high-rise apartment complexes primarily in Kyiv and other major cities. Directly comparable for-sale residential construction model and apartment marketing approach.
• City One Development: Ukrainian developer of multi-building residential complexes with phased sales. Comparable build-to-sell community model and installment-based buyer financing.
• Avalon Development: Ukrainian residential developer active in multiple cities with similar economy-to-business class apartment offerings. Comparable product segmentation and sales office-led distribution.
• Intergal-Ukraine: Ukrainian residential developer active in multiple regions, building mid-rise apartment complexes with installment and mortgage options. Directly comparable construction-developer business model.
• Kyivmiskbud: Historic Ukrainian residential developer with deep Soviet/post-Soviet legacy similar to ZHYTLOBUD-2's 1943 origins. Comparable for-sale apartment complex development and government-linked project experience.
• UDP (Ukrainian Development Partners): Ukrainian real estate developer focused on residential complexes with institutional capital backing. Comparable for-sale residential project pipeline and similar target buyer segments.
• TMM: Ukrainian construction and real estate company developing residential complexes with own construction crews. Comparable vertical integration of construction and development in the Ukrainian market.

Others

• Best Western Hotels & Resorts: Global hotel chain that operates hotel apartments within ZHYTLOBUD-2's DESIRE project. Included as a strategic ecosystem partner rather than direct competitor; relevant because the operator's brand and occupancy performance directly shape investor returns on DESIRE units.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/zhilstroj-2

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ZHYTLOBUD-2