Can you buy agricultural land in Ukraine?
Ukraine has officially ended a 20-year moratorium on the sale of farmland, hoping to unleash productivity and investment in the agricultural sector. From July 1, individual Ukrainian citizens can buy up to 100 hectares, while agribusinesses will be able to take part in auctions from 2024 to buy up to 10,000 hectares.
What is the price of land in Ukraine?
Now the average price of 1 hectare of land in Ukraine is $2,500 but it may reach $10,000 in the future.
How many farmers are there in Ukraine?
Farmers used 835 000 hectares of agricultural land (or about 2 percent of total land), including 765 000 hectares of arable land. Out of more than 35 000 farms in Ukraine, about 38 percent of them are located in the southern Mykolayiv, Odessa, andKherson regions.
What crops are grown in Ukraine?
Corn, wheat, and barley are Ukraine’s main grain crops. For five consecutive years (2013-2017), Ukraine harvested over 60 million tons of grain and legumes annually. In 2018 and 2019, Ukraine continued increasing grain production volumes to 70 and 74 million tons respectfully.
How can I buy land in Ukraine?
According to the Land Code of Ukraine, citizens and people without citizenship are able to purchase land ownership not for agricultural purposes in the inhabited locality. But, outside of locality they can only buy land under real estate objects, which belong to them.
What is the main agriculture for Ukraine?
Crop farming, which accounts for 73 % of agricultural output, dominates Ukrainian agriculture. Corn, wheat, and barley are Ukraine’s main grain crops. For five consecutive years (2013-2017), Ukraine harvested over 60 million tons of grain and legumes annually.
Where is the agricultural land located in Ukraine?
The agricultural land is located in Ukraine, Kherson region. The total area is 24,000 hectares, including 16,000 hectares of area under cultivation. The land is used for cereals and livestock farming. The whole farm and property is proposed for sale.
What kind of crops do they grow in Ukraine?
Priority crops are cereals – winter wheat, winter barley and winter rye, and industrial crops – corn, mustard, soy. The agricultural farm has good storage facilities for storage of products, each with a capacity up to 20 000 tonnes of cereals.
What can I do with my agricultural land?
The agricultural farm includes: a sewing shop, current cereal, sausage shop, storage of fuels and lubricants, churn, machine yard, and an office building. On the territory of the agricultural land there are also a bakery (with capacity up to 1 ton of grain per day), a pasta shop, mill, sheller, pantries, and storage products.
Why is Ukraine known as the bread basket?
In the days of the Soviet Union, Ukraine was often referred to as the bread basket thanks to its vast swathes of fertile black soils, the ideal growing ground for a variety of crops. Blessed with its impressive and fertile countryside, investors from all over the world have been drawn to Ukraine and its farmland.