Ukrainian law defines real estate as including land plots and facilities which i) are located on them, ii) are inherently connected with them, and iii) may not be moved without impairment and modification of their intended use. Real estate law also applies to aircraft, sea-going and inland vessels, and outer space facilities.
Real estate transactions such as purchase, sale, lease, exchange, gift, pledge, the establishment of rights of use (easement), rights of use of a land plot for agricultural purposes (emphyteusis), and rights of building on a land plot (superficies) are regulated by the Civil Code of Ukraine.
Foreign citizens or business entities do not need permission to purchase real estate in Ukraine, but are subject to special restrictions regarding agricultural land and forests. Any person buying real estate in Ukraine will have to pay a state duty of 1% of the value of the property and a fee of 1% towards compulsory state pension insurance.
Ownership of real estate (property rights, leases, easements etc.) are subject to state registration in the State Register of Ownership of Real Estate.
The administrative charge for state registration of real estate is approximately €8.
But you do not have to buy real estate right away to start your business. You can just rent the premises you need, because the market has a large number of rental properties on offer, ranging from €6 to €40 per square meter per month (depending on location and property type).