Commercial Property

Market Overview

Ukraine's commercial property market has been developing steadily in recent years, particularly in major cities like Kyiv, Lviv, Odesa, and Kharkiv. The market offers opportunities for investors, with a growing demand for modern office spaces and retail developments.

Location

Choose the location of your commercial property carefully, as it plays a crucial role in its success. Consider factors such as proximity to transportation hubs, accessibility, visibility, and the target market for your business

Legal Considerations

Understand the legal aspects of commercial property ownership in Ukraine. Consult with local lawyers who specialize in commercial real estate to ensure compliance with relevant laws, regulations, and zoning requirements

Due Diligence

Conduct thorough due diligence on the property you are interested in. Verify ownership, review the property's legal status, check for any encumbrances, and assess the condition of the building

Financing

Explore financing options available from local banks or international lenders who operate in Ukraine. Be aware of the interest rates, terms, and conditions, and consider seeking advice from financial experts regarding the most suitable financing options for your commercial property investment

Lease Agreements

If you plan to lease out your commercial property, draft comprehensive lease agreements that clearly outline the terms and conditions, rental rates, lease duration, and responsibilities of both the landlord and the tenant. Seek legal advice to ensure the lease agreement complies with Ukrainian laws

Rental Market

Understand the rental market in the specific location where you plan to invest in commercial property. Analyze rental rates, vacancy rates, and demand for the type of commercial space you are offering. Consider factors such as nearby businesses, potential competition, and the overall economic environment

Property Management

If you are investing in commercial property as an absentee owner or if property management is not your area of expertise, consider hiring a reputable property management company to handle day-to-day operations, maintenance, and tenant relations

Tax and Legal Obligations

Familiarize yourself with the tax obligations associated with commercial property ownership in Ukraine. Consult with tax professionals to understand property tax, corporate tax, and any other relevant taxes or fees you may be liable for