Lviv developers are not in a hurry to buy land on the contests

Some builders buy in Lviv areas for the realization of their personal projects for competitions that holds the city Council. This real estate Agency said Alex, Poburko as the Deputy Director of firm-the Builder "Intergal-Bud".
"Today, the price per square meter for the land in Lviv is approximately $ 100. And to buy a plot with an area of 40 acres to build a house, you need to put up about 400 compared to $ 3 million worth of real estate. If in 2007 this was not a problem, because the money fast enough were, just now it is a very substantial sum that the majority of companies difficult to attract," says Alex, Poburko.
Also, according to Alexey, after obtaining land in this manner, the developer six months to a year to wait to begin their construction: so, how goes the time needed to resolve conflicts with neighbouring properties, there are problems with communications, and accordingly, the period of return of the invested money is stretched.
"And therefore developers are trying to get some real estate and take more land for maintenance, and then on this site already to build a house, getting good advice on construction. So, firstly, cheaper and secondly, this scheme is all used. Moreover, it does not need to invest significant sums of money as the acquisition of land at auction", – Paderno, Poburko.
The third method of obtaining land under construction, according to experts, is buying some of the bankrupt plant in the secondary market, as well as the redevelopment of the land on which it is located.
We remind that in Ukraine already there are very few vacant parcels of land where you can build a new home.