The main legal subtleties of buying real estate in Ukraine

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There are several ways to buy real estate in Ukraine. The easiest way is to contact a large real estate company, which will take over the full support of the transaction, starting with the search for an object, say, such as elite real estate of Odees, ending with the control of the statement of former tenants, in the event that an apartment in secondary housing is purchased. The firm's fee is, as a rule, 5% of the amount of the property. You can turn to a private intermediary, called a broker or broker, he also undertakes full support of the transaction, his fee will be 3-5% of the amount of the property, since private individuals prefer to go to auctions for their fee. In both cases, both with a real estate firm and with a private intermediary, you will be shown objects for free. You can contact several real estate firms and several intermediaries at the same time, since the conclusion of exclusive contracts with the buyer of a real estate object is not practiced in Ukraine. You can also find an object for purchase on your own, draw up a deposit agreement with the seller, make a pre-sale package of documents for the alienation of the object, and finally conclude the transaction with a notary. Any competent citizen, both Ukrainian and non-resident, who has reached the age of majority can buy real estate in Ukraine. There is no limit on the number of real estate objects to be purchased in Ukraine. The registration factor also has no significance when purchasing.

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Renting real estate in Kyiv costs an order of magnitude cheaper than renting real estate in Moscow. Nevertheless, Russians willingly invest their money in real estate in Kyiv and Odessa, buying apartments in business centers or houses outside the city.

To conclude a transaction of purchase and sale at a notary, the buyer must have a civil passport, a taxpayer identification number and a TIN (for non-residents, it is necessary to order a temporary TIN at the tax office), the buyer's spouse must also be present at the transaction at the notary to give consent to the purchase of real estate (a notarized consent to purchase is also suitable). It is strongly recommended to specify the real transaction amount in the sales contract. Although all taxes and state duty are paid from the value specified in the sales contract, and the amount of taxes at first glance may seem excessive, nevertheless, in the future, in the event that the court declares the transaction invalid, this, unfortunately, happens, this will help you , at least, will return the money paid for the object. Recently, Ukraine began to practice title insurance of real estate transactions - you pay once, and then sleep peacefully.

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