Acquisition or rent of land plots in Russia for medium-scale and large-scale development (cottage villages, industrial enterprises, shopping areas, warehousing areas, hotels)

More and more townspeople begin to muse on the advantages of permanent living in the countryside. And indeed, a modern private house in terms of comfort is as good as a comfortable apartment in the city, and in terms of price characteristics one can also find a substitution with equal value. The time of travel from work to home, in case of correct selection of a new residence location, will not exceed sufficiently the time taken by traveling between various districts within the city, taking into account the increasing traffic jams on the city roads. And  the advantages of countryside residence are undeniable- natural environment and safety, lack of parking difficulties and car garaging, the possibility of gradual improvement of house by additional construction, and increase of dwelling area of the house, erection of additional structures on own land.

Therefore the investments connected with acquisition or rent of land plots for further development are gaining more and more popularity.  

This activity is also interesting, since the requirements to be met are specific and realistic, because a person bound to move to a countryside house can formulate his requirements to the future housing rather clearly based on his financial possibilities, preferences and family circumstances. Future purchasers decide well in advance the number of floors and area of the house, the number of rooms, distance from the city limits, and the maximal price they are ready to pay for a countryside house.  

If you have decided to invest in land plots for their further development, you have a choice: to acquire a land plot into ownership or to rent the same.  

The main obligation of the lessor under the land plot lease contract is to provide the lessee with the  plot to in the condition complying with the contract terms and designated purpose of the land during the period prescribed in the contract.

The lessor is responsible for the drawbacks of the leased land plot, except for the cases when the lessor himself has specified their existence upon signing of the contract.
In addition, upon signing of lease contract the lessor is obliged to notify the lessee about all third party rights to the leased plot (easement, lien, etc.).

Usually the land plot lease contract is signed for a fixed period. Upon its expiry the obligations under the contract are also terminated, and the land plot is returned into the possession and use of the owner in the state, in which it had been received by the lessee, taking into account the "normal wear", or in the state preconditioned by the lease contract.

The RF Land Code entitles the lessee, except for some cases, to the same land use rights as the owner:

• to use the land plot in compliance with its designated purpose and lease contract terms, otherwise the lessor shall be entitled to claim termination of the contract and reimbursement of damages;
• may make different improvements in the course of plot use.

If such an improvement may be separated from the plot - it shall be the property of the lessee, but more often the land plot improvements are inseparable from the land. In such case after termination of the lease contract the lessee is entitled to reimbursement of the cost of improvements made by him at his own expense, if they were made by consent of the lessor.

Having decided to acquire or to rent a land plot, you may yourself carry out the respective marketing research of current demand at the goods and services market, or to engage for this purpose a specialized organization, which may also provide legal and accounting support of the investment project. In the result you will be able to choose any of numerous business directions, for example, cottage villages, industrial enterprises, shopping areas, warehousing areas, hotels, etc.