Since the war, the Ukrainian land market has held 740 land auctions. The Prozorro.Sales electronic auction platform has conducted 740 land auctions, raising more than UAH 174M ($4.7M). So far, 303 new land auctions with a total starting value of UAH 374M have been anno... #FarmLand #FarmLandUkraine #LandAuction #LandMarket
Agricultural land prices at auctions increased by 430%. As of February 2, the starting price at auctions for the sale or lease of agricultural land in the Prozorro.Sales system increased by 430%. The bidding platform announced 2,552 auctions of agricultura... #FarmLandforsales #FarmLandUkraine #LandAuctionUkraine #ProZorro #UkrainianFarmLand
In 2-3 years, the price of agricultural land may increase to UAH 60,000 per hectare. According to the First Deputy Minister of Agrarian Policy, Taras Vysotsky, the price per hectare is 38,000 UAH due to small land sales. Foreigners and large landowners do not buy land bypassing the la... #AgrolandPrices #agroUkraine #FarmLandUkraine #UkraineLand
Ukraine will change the algorithm of automatic land valuation. The State Property Fund of Ukraine (SPFU) will soon introduce changes in the service of automated land valuation. This will avoid the overstatement of the estimated value of the land. “We plan to use ... #FarmLandUkraine #land #Landevaluation
10 million hectares of land in Ukraine are cultivated unofficially. According to the State Tax Service, the area of agricultural land, the cultivation of which is not officially recorded, is 10 million hectares, or one-sixth of the area of Ukraine, said the acting hea... #agroUkraine #CultivationinUkraine #FarmLandUkraine
As of today, 14% of Ukrainian farmland owners are not aware of the opening of the land market for sale. According to the results of the All-Ukrainian sociological survey “Land Market in Ukraine”, 85.9% of landowners know about the opening of the market, and 14.1% do not know at all. In Ukrai... #FarmLandLease #FarmLandReform #FarmLandUkraine
The volume of the shadowland lease market has increased from UAH 20 bln ($760 mln) to UAH 70 bln ($2.66 bln) annually, reported gov.ua. At the meeting of the Interdepartmental Working Group on De-Shading of the Economy, several measures to bring the economy “out of the shadows” were considered. The agency ... #FarmLandUkraine #UkraineFarmland #UkraineLandLease
The Ministry of Agriculture wants to replace the right of free privatization in “physical” hectares with the right to a fixed discount on the purchase and lease of state land, announced the Minister, Roman Leshchenko. This discount will be the same an... #FarmLandUkraine #LandPrivatization #UkraineFarmland #Ukrainelandlaw
Since Ukraine’s new farm land market started on July 1, 5,552 sales agreements have been approved. The average price is $1,500 per hectare. “Everything is working normally, without conflicts,” Prime Minister Shmygal told the Cabinet yesterday. Until the end of 2023, sales can only between Ukrainian... #AgroBusinessUkraine #FarmLandUkraine #SaleofFarmLand
In its first week, Ukraine’s farmland market has seen 322 transactions , Prime Minister Shmygal advised the Ukraine Reform Conference in Vilnius yesterday. “Myths about the mass sale of land and the export of Ukrainian black soil remain just myths,” he said. Currently li... #FarmlandforSale2021 #FarmlandMarketinUkraine #FarmLandUkraine #UkraineFarmLandtransactions
The market starts with limits – sales are only permitted between Ukrainians for areas less than 100 hectares. The Economy Ministry estimates that the average price of a hectare will be around $2,000. On January 1, 2024, the market will expand to Ukrainian-owned companies and the size limit will increase to 10... #FarmLandforSale #FarmLandMarketUkraine #FarmLandUkraine
From the start, farmers cultivating up to 500 hectares will be eligible for bank loans sponsored by a new fund, the Partial Credit Guarantee Fund for Agriculture. When farmland goes up for sale, tenants have the first right of refusal to buy. Landlords must notify tenants in writing of ... #FarmLandforSaleinUkraine #FarmLandUkraine #LandMarketUkraine
Through 2025, the price of farm land should double, thanks to the new land market that starts July 1, Prime Minister Shmygal, told the Ukraine 30 land forum yesterday. In addition, local governments should see rents more than double on their farm land, from 7% of estimated value to 18%, he predicted. ... #FarmLandprices #FarmLandUkraine
Almost 10% of Ukraine’s farm land is farmed off the books, costing the state as much as $1 billion in lost taxes annually, reports the Association of Agrarians of Ukraine. Lease payments on these tax-dodging schemes total as much as $2.5 billion, the group’s chairman, Alexander Vasilivsky, complained to Roman Leschchenko,... #FarmLandUkraine #TaxesFromFarming #TaxesLossfromFarming
During the 20-year ban on farm land sales, Ukraine’s state has lost the equivalent of “almost two Crimean peninsulas,” to land thefts by “businessmen and politicians,” President Zelenskiy said yesterday at Ukraine 30, a land forum. About 5 million hectares of state land moved illegally into private hands, he said. Crimea’s territory is 2.7 million hectares. During t... #FarmLandReform #FarmLandSale #FarmLandUkraine
Opposition to allowing foreigners to buy farm land remains strong in Ukraine, according to a new poll by the Rating Sociological Group. Of the 2,000 respondents, 79% oppose allowing foreigners to buy farmland and 77% say the issue should be decided by a national referendum. Of ... #FarmLandLaw #FarmLandUkraine #OpositonofFarmLandSale
