Russian Federation is the largest country in the world by territory and has a capacious land market, where thousands of hectares of land are bought and sold every day.
The use of land in Russia is tightly controlled by the state and depending on possible usage, all lands in Russian Federation according to the
Russian Land Code are divided into the seven categories:
The division of all Russian lands into categories is a consequence of territorial zoning and state development strategy.
For each land category there is an official list of permitted usages for land lots in this category and territorial zone.
The owner of the land can initiate legal transfer of his land lot from one category to another, but with some land categories it is legally impossible, while with others
it is legally possible but could be complicated. However, the land lot owner can freely choose his land usage from official list of permitted usages for his land category and territorial zone.
The land market in the majority of Russian regions is quite mature, therefore land valuation in those regions is mainly based on the analysis of current market transactions, rental rates
and asking prices for the land plots.
But due to land categorization and usage restrictions, the main factors determining the land value in Russia by far are category and permitted usage(s) of the subject land.
With these two factors being equal, the market value of a certain land plot further depends on traditional for real estate factors - location, transport infrastructure,
social amenities, environmental conditions, quality and recreational value of the surrounding territory.
If you are looking for an investment opportunity on the Russian land market or have a particular land plot and need to know its exact market value, then you probably need to consult
with one of our prosessional land valuers.
We conduct land valuation for various purposes: for making a non-monetary contribution to the company’s charter capital (shareholder's capital), for registration of mortgage or simply
for consultation about current market land price. We have extensive experience in valuation of all types of land plots - community, industrial and farming lands.
In addition to formal valuation, we also provide related services such as:
The above list of required documents and information is preliminary and depending on the category, permitted use of the subject land and purpose of valuation it may be reduced or expanded
after the our review of the valuation assignment.