What are the fees for buying land in ukraine?

Question

hi there, im thinking of buyiing land in Ukraine, but my wife says that the fees to sign the deed are very high, for houses no, but for land its the goverment that sets those fees and are very high. Is this true?

could it be the goverment that sets those fees, and can they be up to 25% of the value of the land.

tx

Answer 1

There can be a 20% VAT fee for the purchase of real estate, however this depends on the type of property and/or improvements on the property.

The following chart summarizes who pays what fee but does not include the VAT fee. Please click on the link below to read all the variables on buying property in Ukraine.

Transaction Costs

Who Pays?

Pension fund levy 1% buyer

Registration fees 0.01% - 0.05% buyer

Real Estate Agent's fee 0.5%

0.5% buyer

seller

Agent's Commission 3% - 5% seller

Costs paid by buyer 1.51% - 1.55%

Costs paid by seller 3.5% - 5.5%

ROUNDTRIP TRANSACTION COSTS 5.01% - 7.05%

See Footnotes

Source: Global Property Guide