Selling property in Odessa
Park Residential assists its clients to sell property, we advise how to get the money home, how to minimize tax liability, enable the processing of documents you need and help with things you need to know!
The Ukrainian real estate law is rather tangled and complicated, so facilitation of solid assistance helps to simplifies your task and saves time and money.
You may look up for some options on one of the numerous relevant sites and then visit Ukraine to view them personally.
It takes about 2-3 days for options revision and 3-4 days (up to 15 days) for making the deal.
Our team will be of is of great value any property should be checked for its legal accuracy.
There are many cases of fraud with land plots in Ukraine, so this issue deserves extreme, careful attention.
A very risky option – is to purchase property on-line, avoiding a trip. In this case you should hire legal assistance, set a bank account in one of the Ukrainian banks and transfer money. It works, but we highly would recommend you to visit the object before signing up the contract personally.
Our team is knowledgeable and can help you steer through a successful sale, whether the buyer is a Ukrainian or a foreigner.
We use independent notaries who will assist through this complicated process.
Who pays what?
If the residence is the second to be sold during one year term – an additional 5% gain tax. If the seller is not a resident, this is at a higher rate still, contact us for more information.
The same for the residence of more than 100 sqm, even if it is sold for the first time.
For a plot: 1% government tax plus 5% gain tax.
House with a plot: 1% – for Ukrainian Pension Fund and 1% -state tax (if the house is up to 100sqm).
1% of cost of land – state tax. – Everything is valid for the first sell during the year.