In Ukraine, an open land market has been operating for more than three years, providing the opportunity to buy and sell land plots to both individuals and legal entities. The cost of land in the country is variable and depends on many factors. However, the general trend since the market opened in 2021 indicates a steady increase in land prices.
As lawyer Igor Yasko notes in a commentary on Channel 24, there has been a steady increase in land prices recently, and this process is likely to continue in 2025. In the central regions of Ukraine, land prices are forecast to increase by up to 20% in hryvnias, which will become an important factor for buyers and land owners.
The Minister of Agrarian Policy and Food of Ukraine also confirmed that over the next few years the cost of land may increase by approximately 20%. According to him, since the opening of the land market in 2021, the price per hectare in Ukraine has already increased from 39 thousand hryvnias to 46 thousand hryvnias in 2024. This indicates a stable and significant increase in the cost of land, which will continue in the future.
One of the main reasons determining the increase in land prices is the situation related to the war and its consequences. The military conflict has a direct impact on the economic situation in Ukraine, in particular on the land market. In addition, the lawyer points to a possible increase in rental rates and the normative monetary valuation of land, which will also contribute to the increase in the price of land plots.
Other important factors affecting the land market include the general economic situation in the country, the development of the agricultural sector, as well as legislative initiatives on land reform and market regulation. Various economic instruments and forecasts for the future can significantly change trends in the land market in Ukraine.
Thus, the cost of land in Ukraine in 2025 is likely to continue to grow, and for potential buyers and investors this may be an important point for decision-making. However, despite the positive forecasts, a number of uncertainties remain in the land market that may affect pricing and availability of land resources.
Overall, the land market in Ukraine remains one of the most dynamic and promising sectors of the economy, and forecasts for 2025 indicate a further increase in the cost of land.
agrinews.com.ua