How much does it cost to renew an apartment in Ukraine in 2021?

The final stage of buying an apartment is the re-registration of ownership, which turns the buyer of the property into its owner.

If you bought housing in a new building or on the secondary market, you must contact the Unified State Register of Rights to Real Estate and Agreements with it. This is a reliable database of real estate objects on the territory of Ukraine. In this article, we will tell you where ownership is registered, how much it costs to renew an apartment, and how to properly carry out the procedure. By the way, if you decide to quickly buy an apartment in Kyiv, we recommend contacting the best elite real estate agency THE Capital.

How much does it cost to renew an apartment upon purchase?

Buying an apartment is a joyful and at the same time very responsible thing. It's not just signing a few papers and paying, but a whole series of activities related to registering real estate as ownership and conducting transactions with it. If you bought an apartment in a new building in the early stages of construction, the developer is obliged to inform you about the readiness of the house for transfer and to sign with you the act of acceptance and transfer of the shared construction object.

See also: Power of attorney for the sale of an apartment.

So you become the "owner" of the apartment, but without the right to do anything with it. For example, you cannot sell it or give it away, nor can you exchange it for another home or bequeath it to any of your relatives. In order to be able to dispose of the purchased apartment at your own discretion, you need to officially register the ownership of it. The process of property registration implies the sequential passage of the following stages:

• collection of documents;
• payment of state duty;
• application to the registration service;
• resolution of difficulties;
• issuance of a certificate.

State customs, notary services, commission of realtors and housing services - this is an incomplete list of additional costs for registering ownership of real estate. But it is impossible to say exactly how much it costs to redecorate an apartment. The cost of the procedure depends on the method of issuing the certificate.

1. With the help of a real estate agency.
2. By contacting a private or public notary.
3. In the center of providing administrative services.

In general, the approximate cost of registering ownership of an apartment will be about 5500 hryvnias.

See also: Taxes for the purchase of an apartment.

Involuntarily, the question arises: is there a way to redo the apartment for yourself, in which there are no additional costs? Unfortunately, there is no. Even if you want to do the registration procedure yourself, you have to pay the state duty. And this is only if you re-register the apartment for yourself. Apartment owners who want to transfer housing to another person will have to spend on tax payments. The following options for apartment redecoration should be noted:

1. Exchange. Suitable for close relatives. The scheme provides for the conclusion of a mining contract.
2. Re-registration during divorce. Most often, a contract of donation or sale is concluded. In some cases, an agreement on property division.
3. Re-registration for a minor child. Only the donation scheme applies.

In each specific case, the cost of reregistration of an apartment to another owner in Ukraine will be different. Subscribe to our real estate blog updates and get the latest posts from THE Capital real estate agency.