1.2.4. Poland and Germany

In Szczecin the average price of land parcels for commercial purposes in 1997 reached 18-31 USD/m². In neighboring Germany, in Bremen, the maximum prices in the most cases in the same year were in the interval 300-400 DEM (176-230 USD)/m² and it was belong to large consumer markets (supermarkets). The minimum prices at the same place were 70-90 DEM (41-53 USD)/m² for land parcels of processing industry. Prices for land that belong to offices, booking offices, petrol stations are in possession 110-170 DEM/m² or 65-100 USD/m². Land prices for commercial objects are in the range 160-220 DEM/m². Increasing the number of land parcels resulted in the decreasing of their prices [5, 13].

1.2.5. Ukraine

We can evaluate about the prices of plots property at land auctions in Odessa and Chernigov on the basis of table 1.2.5.

Table 1.2.5. Prices at land auctions in Odessa and Chernigov

The type of sold commodity	The purpose meaning	Square, m2	Price, USD	Price, USD/m2
		Odessa
Property	Greengrocery	1600	28181	17.60
Property	Production	5970	36363	6.09
Long-term rent (50 years)	Nonproduction	2670	41895	15.61
Long-term rent	Merchant	970	20837	21.48
		Chernigov
Long-term rent	Petrol station	1900	4923	2.50
Long-term rent	Commerce	1600	15615	8.70
Long-term rent	Gasoline service centre/Car parking	2800	19230	6.90
Long-term rent	Warehouses/garages	4100	4076	0.99
Long-term rent	Warehouses/garages	2600	5310	2.04

General common factors of price formation at the primary market of Ukraine urban land were investigated in [19]. The ratio of minimum and maximum prices is 8570. At the times when land price in small rural locations was 0,1 hrn./m² (1,8 c/m²), at the same time land prices in the cities-millionaires were 857,56 hrn./m² (157,9 USD/m²). This is usual. The ratio of average prices in cities where population is about 10 thousand people and in cities-millionaires – over 11 (table 1.2.5.1).

Built-up land parcels are dominated by the degree of familiarity: their share exceeds 87%. The depressant majority of land on the functional use has commercial usage (the position of shops, cafes, restaurants, hotels, petrol stations, etc.). Their prices are known. Other land plots are intended for industrial building-up and warehouses (17,1%) and for profitable residential development (0,4%). Although in recent years the demand for industrial land plots is increasing, but there is commercial function prevalent in the structure of land parcels on functional use in all cities. This function gives the highest income of this parcel.

Table 1.2.5.1. Prices for land parcels of different categories in rural locations in Ukraine

The category of rural locations	The quantity of land parcels	Minimum price, hrn/m2 & (USD/m2)	Maximum price, hrn/m2 & (USD/m2)	Average price, hrn/m2 & (USD/m2)	Average median price, hrn/m2 & (USD/m2)	Price index
Until 10	1549	0.10 (0.02)	67.54 (12.4)	7.76 (1.4)	5.90 (1.1)	1.00
10-20	342	0.63 (0.12)	564.29 (103.9)	14.26 (2.6)	10.32 (1.9)	1.22
20-50	503	0.86 (0.16)	126.15 (23.2)	16.89 (3.1)	12.25 (2.3)	1.63
50-100	406	1.92 (0.35)	256.00 (47.1)	19.11 (3.5)	15.89 (2.9)	2.18
100-250	196	0.90 (0.18)	240.00 (44.2)	22.62 (4.2)	14.07 (2.6)	2.61
250-500	107	2.50 (0.46)	123.40 (22.7)	33.25 (6.1)	20.65 (3.8)	3.85
500-1000	94	3.23 (0.59)	166.67 (30.7)	35.34 (6.5)	31.78 (5.85)	5.30
Over 1000	51	1.78 (0.36)	857.56 (157.9)	108.12 (19.9)	62.23 (11.4)	11.03

The high demand for land parcels of commercial usage are reflected on the high level of land price this category. It has been paid 52052, 4 thousands of hryvna for land parcels of commercial usage that were transferred to private ownership in square 446, 5 ha. In the same time it has been paid 56560, 7 thousands of hryvna for land parcels of another usage in square 1171, 2 ha. Average weighted prices of land for commercial use per 1 m² were compares with the land prices for lucrative housing (respectively 11, 66 hrn/m² and 9,16 hrn/m²), and average weighted prices of land for industrial use is greater than 2,4 times (respectively 11,66 hrn/m² and 4,82 hrn/m²) [17, 19].