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Monday, March 5, 2007

Short news - Lviv plans to sell 20 land sites for UAH 43 mln

There are already identified 20 sites for sale in the land auction. "The city plans to get from it UAH 43.02 mln. ", says Director of the Lviv Department of Town Planning Andriy Pavliv.

In 2006, in Lviv, income from the sale of land amounted to UAH 32.66 mln . In fact, in auction was sold 5 land sites in the total amount of UAH 19.6 mln. And from the sale of land for the facilities properties were still UAH 13.06 mln .

"The demand in the land market for the freehold sites for residential and commercial construction, over the past years has subsided. This happened in spite of the increasing in land prices. In 2006, the average cost of 1 sqm. of land in Lviv reached UAH 314.92 (USD 62)", says Pavliv. "However, there is the increasing demand for free land for others purposes, such as industrial land, transportation, energy projects".