Land plots are being bought even more than in 2021
Ukrainians began to buy and sell land and real estate more actively in the first quarter of 2024, according to the Unified Register of Notarial Forms of the Ministry of Justice. Over 185,000 land alienation agreements were registered during this period. This is 36.4% more than before the full-scale invasion. And alienations of other real estate increased by 55% – but this is still less than in 2021.
In 2024, Ukrainians are more likely to sell or transfer land to other ownership. In particular, 185 thousand land alienation agreements were drawn up by notaries in the first quarter of 2024. This is 56% more than in the same period last year: then notaries certified almost 119 thousand such forms.
The number of such agreements is already a third higher than before the start of the full-scale war. Back then, in 2021, more than 136 thousand land alienation agreements were formalized.
At the same time, the number of alienations of real estate other than land has increased by one and a half times this year. Thus, in the first quarter of this year, notaries certified more than 181 thousand such forms. For comparison, in the same period last year, there were almost 117 thousand such transactions.
However, this is still 16% less than before the full-scale campaign began: just over 216 thousand forms were used for land alienation.
It should be noted that one notarial act does not always require only one notarial form. Accordingly, the number of actions is approximate and is compared to previous years.
It should be reminded that the total number of notarial forms used last year increased by 2.6 million) , but still remains lower than before the outbreak of full-scale war.
Demand for land, REAL ESTATE, UKRAINE
