Ukraine Foreclosure Real Estate Listings

Find out where Ukraine is located and why international buyers might consider buying or investing in real estate or luxury properties.

Where is Ukraine? Ukraine is an independent country in Eastern Europe and is one of the largest countries located entirely within Europe. It covers about 603,550 kmē, and has borders with several countries which are Belarus to the north, Russia to the East and northeast, Poland, Slovakia and Hungary to the west, and Romania and Moldova to the southwest.

Additionally to the south the Black Sea and the Sea of Azov are coastlines with Ukraine. The capital city of Ukraine is Kyiv, which is seen as the historical and economic center of Ukraine, and is located in the north-central part of the country.

Other major cities in Ukraine include Lviv which is the western cultural center, Odesa which is a Black Sea port, Kharkiv to the northeastern area and is an industrial and educational center, and Dnipro in central Ukraine seen as an industrial city.

Foreclosure real estate in Ukraine refers to properties that are being sold because the owner has defaulted on their mortgage, and have stopped making loan payments. Once this occurs, the lender, often a Bank, then starts a legal process to repossess and sell the property to recover the unpaid loan balance.

Foreclosure is a legal process where a lender takes ownership of a property after the borrower fails to make mortgage or loan payments.

Properties that didn't sell at a foreclosure auction, and are then owned by the bank or lender, known as REO (Real Estate Owned).

If the the owner is behind on payments, this is called pre-foreclosure, but the property hasn't been taken back yet, but the property could be sold as a short sale through a real estate agent.

Properties that are up for 'Auction' are sold at a public auction, and to the highest bidder during the Auction procedure.


Then, if the property doesn't sell at auction, it then becomes "real estate owned" by the lender, usually again a bank which leads to the property being sold through Real Estate Agents.

Investors and individual private buyers look at foreclosures for many reasons including that the property is often below market value, could be flipped or rented out for profit, or the property can if required be renovated to increase the value.

Ukraine foreclosure real estate listings can can come with benefits and risks to the real estate investor, and are usually sold as seen, and could come with a situation where the purchase need repairs.

Also, the foreclosure process can involve more paperwork, there may be title issues, unpaid liens, plus foreclosures (like auctions) often require full payment on purchase.