Lawyers have recently provided a list of properties that cannot be purchased with a mortgage and have highlighted that under the new єОселя program, it is now possible to buy a cottage or townhouse.
The єОселя program, launched by the Ukrainian government, aims to make housing more affordable for citizens by providing favorable conditions for obtaining mortgages. This program has been met with great enthusiasm and has already helped many families achieve their dream of owning a home.
One of the main advantages of the єОселя program is that it allows for the purchase of not only apartments but also cottages and townhouses. This is a significant development, as previously, these types of properties were not eligible for mortgages. This has opened up new opportunities for potential homeowners, especially those who prefer a more spacious and private living space.
However, it is important to note that not all cottages and townhouses are eligible for the єОселя program. Lawyers have provided a list of properties that are excluded from this program, and it is crucial for potential buyers to be aware of these restrictions.
According to the lawyers, the properties that cannot be purchased with a mortgage under the єОселя program include those that are not registered as residential properties. This means that properties such as commercial buildings, warehouses, and industrial facilities are not eligible for the program. Additionally, properties that are located in areas with high levels of environmental pollution or in areas with unstable geological conditions are also excluded.
Furthermore, properties that do not have proper documentation or have outstanding legal issues are also not eligible for the program. This is to ensure that buyers are not faced with any legal complications after purchasing the property.
The lawyers have emphasized that these restrictions are in place to protect the interests of potential buyers and to ensure that they are making a sound investment. They have also advised buyers to thoroughly research the property and its documentation before making a purchase, even if it is eligible for the єОселя program.
Despite these restrictions, the єОселя program still offers a wide range of options for potential homeowners. Cottages and townhouses in desirable locations and with proper documentation are now within reach for many families. This has not only increased the demand for these types of properties but has also contributed to the growth of the real estate market in Ukraine.
The єОселя program has also been praised for its favorable mortgage conditions, such as low interest rates and longer repayment periods. This has made it easier for families to afford their dream home without putting a strain on their finances.
Moreover, the program has also had a positive impact on the construction industry in Ukraine. With the increased demand for properties, developers are motivated to build more residential complexes, which in turn creates jobs and boosts the economy.
In conclusion, the єОселя program has brought about significant changes in the real estate market in Ukraine. The inclusion of cottages and townhouses in the program has opened up new opportunities for potential homeowners, while the restrictions ensure that buyers make informed and secure investments. With its favorable mortgage conditions and positive impact on the economy, the єОселя program has proven to be a successful initiative by the Ukrainian government.
