Analysis of the plot

Land rent or privatized is limited recourse. To get the plot in right of the property, then it should be taken in or bought. In Ukraine the land market is the primary market and country, which is owner and seller at the same time, defines existing rules of purchasing and selling, including price determination.

If plot which you like is in a state property then the contract about rent conducting between you and corresponding state administration. In the contract should be spoken the conditions and terms of rent, location of the plot, rent payment, responsibility of parties.
Except primary market there is a secondary land market in the country. The price of plot on the secondary land market is defined by agreement of parties, but it could not be lower than expert estimation, which should be written in the contract. Sometimes, it could be noticed the visible difference between primary and secondary segments of land market.

For today, plot could be bought for rent or buy in on the land auctions which are annual in Ukraine. For example, in 2006 in Ukraine were sold 5 thousands 917 plots of nonfarm designation with the total area 9009 acres for 1 billion 324,14 hryvnas.
In 2007 land auction were in such cities of Ukraine as: Odessa, Khmelnitsky, Lvov, Kiev, Sevastopol, Lutsk, Zaporozhe, Ivano-Frankovsk, and Dnepropetrovsk.

While buying the plot, target designation should be defined. If the plot is in the limits of farmland then it could be used only for agriculture.

According to the size of sold and rented land, the huge number of legal and physical persons owns the plot. However, there is a question, what should you do with bought recourse? If you are tend to build something on this territory, then you should create a concept of the best usage. Consultants on the property market give services about how to use the plot.
At last time there is a practice of conducting a tender among consultants. Chose is following: recommendations about company, quality of giving services, work experience on the market. Besides, on the positive choice influence the number of factors – status of the company, seriousness of business approach. Valuations of the companies depend on many factors, that is why, it is very hard to tell the special price.

You should pay attention on analysis of the plot and investigation of the plot should be done as a must, because, while investigation define the opportunities of different property’s projects realization.

While analysis, locations of the plot are investigated, its surroundings, characteristics, transport and also an opportunity of adjacent area’s development. Studying the territory, finding future objects are the very important and necessary stage of investigations.
Except data fro the future project works, studying the territory gives an opportunity to think over the perspectives of development and success of already finished property. Consulting-company is analyzing the geographic position of the plot, its location within the limits of definite administrative region, presents of traffic intersection.
While physical description of the object, people pay attention on the square of the plot, relief, visibility.
Further it goes the analysis of the closeness surroundings, to define what people and groups are living here, whit companies are near by and etc.
The important characteristic of estimation is transport and pedestrian availability of the plot, while from this the concept of the future property object depends.
To know well the region of future object’s location, it can be foreseen the actions of rivals and their consequences in fight on the local market.

All of these help estimate the opportunity of project realization and define what architectural, legal, town-planning and land use planning restrictions could influence on its development.