Head of real estate and commercial law practice
Specialist in the field of commercial law and process. Real estate, construction support; land law and protection of property ownership.
Real estate investments
Investing in real estate (land plots, apartments, houses, office premises) has a high material value and at the same time a level of risk for assets. Such investments are of great importance, especially when it comes to purchasing housing abroad. In particular, purchasing real estate in the relevant country, firstly, in some cases may indicate a person’s tax residency, and secondly, create the prerequisites for obtaining a residence permit or another type of visa. To protect yourself from the risks of an unscrupulous seller (developer), the investor must check both the object and the person himself. How to do this and what we offer, in more detail in this article.
How to choose the best real estate to invest in: advice from a lawyer
Investing requires a thorough check of the legal purity of the relevant object. Before concluding any contracts, it is necessary to conduct a preliminary analysis of the data, documentation and reputation of the seller. It is also worth considering the tax features when buying a home or commercial building, if we are talking about a transaction abroad. Our lawyer suggests paying attention to the following:
- confirmation of the legality of construction (if we are talking about investing in an apartment or house on the primary market);
- verification of the legal title to the land under the object (including the presence of any encumbrances, such as tax liens, arrests, superficies, etc.);
- the presence of the developer’s right to perform the relevant work;
- the level of compliance of the constructed object with state norms and standards;
- correct legal registration of the seller’s rights to an apartment, house or land plot;
- the absence of arrears in payment for utility services and maintenance of the relevant real estate object.
Investing in real estate abroad: what are the main difficulties of the procedure?
Investing outside of Ukraine requires not only a good understanding of the local market, but also a deep immersion in international legal procedures. The most popular destinations for purchasing housing today are Spain, Portugal, Poland, Germany, Bali, Turkey and others. Taking into account the various jurisdictions of these countries and the rules for purchasing real estate, the following difficulties in registration can be distinguished:
- the need to confirm the sources of origin of funds (investments) – through bank statements on cash withdrawals, tax returns or contracts;
- obtaining a foreigner’s identification number in the relevant country – to be able to conclude a transaction, open a bank account in a local bank (if the seller requires a non-cash payment), pay state fees for the purchase of property;
- legalization of documents (in particular, a power of attorney for the investor’s representative in the country);
- engaging an expert (realtor) and a notary to organize the process, paying the appropriate fees for the participation of specialists.
What do we offer as part of legal support for real estate investments?
Do you want to know how exactly we, the Law Firm “Prikhodko & Partners”, make your real estate investments safe? Here’s what you get when you work with us.
Selection of objects and preliminary inspection (within the country and abroad)
Selection both within Ukraine and abroad should be accompanied by a thorough inspection. We will find out everything: who is behind the selling company, whether there are courts, enforcement proceedings, bankruptcies, tax debts, arrests, mortgages, whether the land is pledged in a bank. We also create the safest payment scheme for you. No “just transfer to the director’s card”. Only proven instruments: accounts in reliable banks, letters of credit, notary accounts, construction financing funds, state bank guarantees. Your money cannot physically disappear.
The whole process looks like this:
- analysis of the tax regime, options and the investment market in the relevant country;
- verification of ownership (legal documentation);
- verification of obstacles to the acquisition of real estate (persons registered in the housing, seizure, etc.);
- verification of the identity of the seller;
- creation of a list of documents required for the transaction within the relevant country;
- calculation of the approximate cost of acquiring the object.
Support of the purchase and sale transaction (in the primary and secondary market)
Our lawyer offers a contract option that protects you, not the developer, so that in case of any problems you will receive either an apartment or 100% of the money with penalties and interest. Every word works for you. Legal support of the transaction includes:
- verification of the developer’s financial stability, his experience and reputation (to avoid the risk of problematic development);
- study of the development documentation (permits, licenses, notifications from state bodies), the investment agreement and its annexes;
- obtaining extracts from registers to verify the main characteristics of the property;
- collection and preparation of additional documents for concluding an investment agreement;
- assistance in opening a bank account in a local bank (abroad);
- development of a new real estate purchase and sale agreement;
- calculation and assistance in paying all mandatory payments and commissions.
Support in court to return the actually paid funds in case of actions of an unscrupulous seller (developer)
In the event that an investor encounters unscrupulous actions (violation of the construction deadlines, change of the main parameters of the building or premises without the investor’s knowledge, etc.), legal protection is necessary. Such support from our real estate lawyer will include:
- sending a written claim to the developer;
- preparation of a claim and other procedural documents;
- formation of a complete package of documentation confirming the fact of the violation;
- submission of a lawyer’s request to request documents required in court;
- obtaining an executive document for the forced execution of a court decision;
- appealing the decision of the court of first instance on appeal.
What is the cost of our real estate lawyer’s services?
The cost of legal support from our real estate specialist depends on the complexity of the transaction itself, the country of location, and other factors. The approximate cost of full support can be $500 or more. This amount includes:
- initial consultation and selection of the country and real estate for investment – from $150;
- legal Due Diligence of the property and the seller (developer) – from $250;
- in-depth study of documents for the purchase of an unfinished object and preparation of a full legal opinion – from $300;
- full support of the purchase and sale agreement – $350 (in Ukraine) and $450 and more (abroad).
It is worth emphasizing that the final cost of services is always discussed individually after a detailed review of the client’s documents.
To sum up, we are with you at every stage: we make payments, record violations of deadlines, file lawsuits if necessary, help you accept the apartment without any complaints. Therefore, if you want to invest in real estate and not for luck, but with an iron guarantee of preserving and increasing capital, write to Direct right now or leave a request.
Calculate the cost of services
1 question
Do you need to choose a country to purchase real estate?
2 question
Are you interested in a legal check of the seller/developer?
3 question
Do you need a new real estate investment agreement developed?
You may also need:
A claim for recognition of ownership of a house/apartment/real estate
Read moreCompensation for obstruction of the use of property
Read moreCancellation of state registration of real rights to real estate and their encumbrances by court decision
Read moreConsultation of a lawyer on real estate and land issues
Read moreAppealing a purchase and sale agreement
Read moreAssigment of postal adreress to real estate objects
Read morecall back
during the day
Compensation for moral, material damage
Protection of honour, dignity, and business reputationContract Development for Business and Legal Entities
Licensing of business activities
Compensation for moral, material damage
Legal services in the field of cryptocurrency and blockchain
REGISTRATION OF COMPANIES AND OPENING OF BANK ACCOUNTS
Sale and purchase of ready-made firms
Grants and attracting investment
Business registration and support in Great Britain
Business registration and support in Switzerland
Business registration and support in the EU
Business Registration and Support in the Gulf Countries (GCC)
Business registration and support in Turkey
Business registration and support in USA
Lawyer for administrative cases
Legal services for medical businesses and doctors
Protection of honour, dignity, and business reputation
Real estate transaction support
Escort of the tender participant
Trial lawyer: support and defense in court
European Court of Human Rights (ECHR)

