Land market: almost 30,000 land agreements have been concluded in Ukraine

In the period from July 1 to October 12, 29,493 agreements were concluded within the land market. In total it is 73,447 hectares.

Thus, 5,129 notaries applied for access to the State Land Cadastre. The total number of applications was 5,759, of which 5,094 were approved, 3 were in the queue for consideration, and 662 were rejected.

According to the law, until 2024, only natural citizens of Ukraine with a limit of 100 hectares can buy agricultural land. The law on the land market prohibits foreigners from buying land. The issue of selling land to Ukrainian citizens and foreigners will be decided only in a national referendum.

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In Ukraine, the land market started operating on July 1, 2021. As part of its activities, approximately 28,288 land plots with a total area of 70.57 thousand hectares have already been expropriated. The average cost per 1 hectare is UAH 43,879.