KYIV. Jan 29 (Interfax-Ukraine) – The territorial agencies of the State Service for Geodesy, Cartography and Cadastre in 2015 provided leasing rights to farmland parcels in state ownership with a gross area of 27,920 ha to investors at auctions, which is 3.8 times up on 2014.
The service said on its website that the largest number of land parcels in 2015 was leased to investors in Odesa region (4,931 ha), Volyn region (3,433 ha) and Lviv region (3,036 ha). The smallest number was leased in Chernivtsi region (130.4 ha), Ivano-Frankivsk region (221.6 ha), Zaporizhia region (221.7 ha) and Zakarpattia region (229 ha).
“For the major part of land parcels the starting rent rate was set at 4% of their pecuniary value (with the bottom rent rate set in Ukrainian law at 3%). At auctions the rent rates were increased to 7% of land pecuniary value on average in the country,” the service said.
In some regions the rent rate for the use of land was increased by 2.5 or even three time compared to the starting rate. The large increase in the rates was seen in Khmelnytsky (3.13 times), Lviv (2.54 times) and Dnipropetrovsk (2.34 times) regions.
