The deal

Buying property as a foreign national

From the tax number to registered title. Remote purchase by power of attorney is possible.

  • 5 percent of the deal
  • Support in English
  • Deal by power of attorney

A foreign national may buy an apartment, a house or commercial premises in Ukraine. The only restriction concerns agricultural land, and it does not apply to urban property.

The process differs from the usual one in three ways: you need a Ukrainian tax number, the notary needs a clear record of where the funds came from, and some steps have to be done by power of attorney if you are abroad. We handle that part.

What is included

What is included

Obtaining a Ukrainian tax number
Shortlisting properties to your brief, with video viewings
Full checks on the property and the seller
Preparing a power of attorney for a remote purchase
Attending the signing, with an interpreter where needed
Registering title and handing over the extract
If wanted: taking the property into management for letting

Process

How it works

  1. 01
    Conversation
    We establish the purpose: to live in, to let, or to hold as an investment. That drives the district and the property type.
  2. 02
    Tax number
    We obtain it; this takes a few working days.
  3. 03
    Shortlist and viewings
    We send a selection and show properties in person or by video.
  4. 04
    Checks
    Full checks on the chosen property before any deposit.
  5. 05
    Closing
    Notary, bank settlement, interpreter and power of attorney where needed.
  6. 06
    After closing
    Registration of title, handover of documents, utility accounts switched to your name.
Power of attorney: you can buy in Odesa without travelling.

Prices

Pricing

Indicative; the exact price is set once we know the property.

Full purchase support
5 percent of the deal amount
Term: on completion
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Property checks only
from 150 dollars
Term: 1-3 working days
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Obtaining a tax number
from 80 dollars
Term: 3-5 working days
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Power of attorney with translation
from 120 dollars
Term: 1-2 working days
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Management after purchase
from 15 percent of the rent
Term: by arrangement
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The minimum and details are agreed after a consultation.

Documents

Documents

  • Passport or other identity document
  • Notarised translation of the passport
  • Ukrainian tax number
  • Evidence of the source of funds for the bank and the notary
  • Power of attorney for a remote purchase

FAKTOR

Why FAKTOR

10
years on the market
8 872
listings in our database
7
offices in Odesa

Questions

Frequently asked questions

Can a foreign national buy an apartment in Ukraine?

Yes. The restriction applies only to agricultural land. Apartments, urban houses and commercial premises are all available.

Do I have to attend the closing?

No, the purchase can be completed by power of attorney. One trip to choose the property usually pays for itself, though.

Does buying property grant residency?

Buying property does not by itself grant a residence permit. That is a separate procedure on separate grounds.

How do I transfer the money?

Through a bank, with evidence of the source of funds. Cash settlement creates needless risk and needless questions for a foreign buyer.

What language is the contract in?

Ukrainian. We arrange translation and an interpreter at the notary.

Can I let the apartment straight away?

Yes. We can take the property into management: finding tenants, the lease, payments and condition checks.

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