Wednesday, November 20
Since the opening of the land market in Ukraine, more than 365,000 hectares have been sold.
Friday, September 22, 2023
According to Opendatabot, 203,000 hectares were sold in the first eight months of the market’s operation before the full-scale invasion began. A drop in activity was recorded in the last few months of 2023. This is probably related to expectations regarding expanding the circle of land buyers because, from 2024, legal entities will also be able to buy land.
The average purchase-sale agreement has an area of 2.20 hectares, and the average price is ₴39,000 – ₴45,000 ($1,065-$1,230). The cheapest land was in the Kherson region at ₴23,000 per hectare. The most expensive land plots were sold in the Lviv region, at ₴132,000 per hectare.
From the launch of the market (July 1, 2020) through the end of 2022, almost 143,000 land deals with a total area of 322,194 hectares have been concluded. Of these, nearly 42,000 agreements were made during the war.
