How to profit from an industry in decline

Once upon a time, when the banking sector was booming, Ukrainian developers learnt that arranging financing took time. As time meant money, they rarely bothered to arrange financing in the early stages of a project. Today, however, many of these same developers are eagerly searching for anyone willing to invest in projects, as construction budgets run out Before getting involved in projects like these, an investor should be aware of some of the basic legal principles that govern Ukrainian real estate.Buildings and ConstructionIn Ukraine, a building and the land underneath it are separate items of property. Often they even have different owners (a common example is where the land is only leased to a developer who owns the building). Therefore, acquiring title to land does not necessarily lead to the acquisition of the building located on it. The building must be transferred separately.Unfortunately, under Ukrainian legisl