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Prices on land sales in Ukraine will increase threefold

Цены на продажу земли в Украине вырастут втроеTechnical work on lifting the moratorium in Ukraine is actually completed.

Prices of agricultural land in Ukraine will triple after you remove the moratorium on its sale.

This was stated by the head of the world Bank in Belarus, Moldova and Ukraine, satu Kähkönen in an interview with Bloomberg.

So, in the world Bank believe that the selling price of land will rise to $3-3,5 thousand per hectare in comparison with today’s price of $1-1,5 thousand

“Business is willing to pay more certainty and avoid investment risks. Technical work on lifting the moratorium in Ukraine actually completed,” said Kähkönen. She stressed that this will lead to an increase in financial assistance to Ukraine.

According to Bloomberg, the Ukrainian landowners get the best price for land in Europe, despite the fact that the quality of Ukrainian soil is one of the highest in the world.

Recall that a ban on the sale of agricultural land, the so-called moratorium was introduced in 2001. Since 2002 he began to act as a temporary measure to ensure regulation of land relations and creation of infrastructure of land market, after which the Parliament repeatedly his continued

In December 2017, the Verkhovna Rada extended the moratorium on sale of agricultural land until January 1, 2019.

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