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Messenger Legal audit of the Synergy City Residential Complex
This legal check will be the revelation that helps you answer questions such as: what court proceedings the complex has, what the situation is with construction documents, who the developer is, what you will need to sign before purchase, and what the consequences will be. Reading this article will help you understand whether it is worth investing in the Synergy City Residential Complex!
- Document verification
- Investment scheme analysis
- Process analysis
- Transaction support
Synergy City in Irpin
Synergy City in Irpin is a huge 15-hectare complex that will include not only 24 residential buildings but also its own infrastructure, namely: a school, kindergartens, shops, gyms and a riverside promenade.
But such scale and the area’s certain environmentally sensitive character could not help but attract increased attention from the prosecutor’s office and GASK. I will write more about this below.
| Number of rooms | Area | Price per m2 |
| 1-room | 40 – 54 m2 | 22000 – 26000 UAH/m2 |
| 2-room | 62.1 m2 | 21500 UAH/m2 |
| 3-room | 78 – 106 m2 | 18000 – 20000 UAH/m2 |
| 4-room | 123.9 m2 | 18600 UAH/m2 |
| 5-room | 117 – 142 m2 | 17600 – 18900 UAH/m2 |
Complex features
- Class – Business
- Buildings – 23
- Number of floors – 7-10
- Construction method – monolithic frame
- Heating – individual
- Walls – brick, aerated concrete block
- Insulation – mineral wool
- Ceiling height – 2.8 m
- Parking – lot, above-ground multi-level
Completion dates and delays
The complex’s website lists the completion dates for the buildings. The first three sections (buildings 7, 8, 9) have already been commissioned. The completion was delayed by only 1 month. The previously stated deadline for the first three sections was the 4th quarter of 2020, while the buildings were actually commissioned in January 2021.
Building permit
The history of construction permits for the complex is rather complicated. The developer submitted documents several times and received refusals. The fact is that in July 2019 a permit for the construction of phases 1 and 2 was obtained. Already three months later changes were made to that permit, and if according to the first permit the construction was planned on 5 land plots, after the update it featured only two land plots.
After the developer received a refusal for the permit to build phases 5 and 6 in November 2020, the permit was still registered at the beginning of December 2020. It appears that the following buildings are being constructed under this permit. The numbering of buildings is not specified in the permits; only the phase is indicated. Therefore, you should clarify with the sales department which buildings are included in phases 5-6.
Also, in November 2020 the developer received a permit for the construction of phase 3 – a school.
From all of the above I can draw an initial conclusion – despite difficulties, the developer does obtain construction permits.
Developer — Synergy Group
The second point you should always find out is who the developer is. On the Synergy City complex website and in promotional materials you can find information about the Synergy construction group. But that is the developer as a brand, and from a legal perspective, for assessing purchase risks, we are specifically interested in the actual builder. It is important for us to know who has the right to develop the land, to whom the construction permits were issued, and with whom you will be signing all the contracts.
The developer of Synergy City is an individual person, and there is actually nothing illegal about that. But it is essential to find out what the apartment purchase scheme is, which contracts you will sign, and what you will be able to achieve against the developer under them. So let’s figure it out.
Investment scheme
The apartment purchase scheme in Synergy City is a preliminary agreement. This means that by signing documents with the developer you preliminarily agree to buy an apartment from him in the future. It sounds quite simple and logical, but legally it’s a bit different.
In my opinion, this is one of the most risky schemes, as it practically does not protect your rights – double sale of the apartment is possible, there is no control over the targeted use of funds, and later, when the apartment is ready and you register it in your name, you will incur fairly high costs (about 8.5% of the apartment’s price). By the way, the sales department informed me that the gas boiler is also paid for separately (about 20,000 hryvnias)
Court proceedings
And let’s move to the most interesting point. Since 2018, court cases around Synergy City have been very active. The land on which the complex is being built previously had agricultural designation, which was later changed, and the land was transferred into private ownership. Although the prosecutor’s office unsuccessfully tried to challenge this, by imposing an arrest on the land it nonetheless severely damaged the complex’s reputation. These arrests on the land were lifted at the end of 2018. But I strongly recommend buyers, before signing a contract, to obtain the most recent extract from the real estate registry and check for arrests on the land, as well as to make sure no new court proceedings have appeared regarding Synergy City.
But what, apart from design and the scale of construction, distinguishes Synergy City from most other complexes? First point – if you buy an apartment here in installments, future payments will not be linked to the dollar. This is very nice, but at the same time you can only begin renovations after fully paying off the installment plan.
Natalya ChatskisAgain, I recommend clarifying and double-checking all such points before investing, because the complex’s conditions may change!
Senior lawyer of the litigation department
As we can see, the complex’s plan is indeed very interesting and promising, but there are also many risks. Given the court problems, the complexity of obtaining construction permits, increased attention from the prosecutor’s office, GASK and activists, the preliminary agreement – before buying, everything should be carefully considered and analyzed.
If you are considering investing in this complex, I recommend consulting lawyers, as legal support will help you minimize risks and carry out the transaction correctly.
P.S. All information is current as of the publication date. Over time the situation for a specific complex may change, so if you are considering buying an apartment in this complex we recommend contacting us to get an up-to-date and comprehensive check of the situation.
Synergy City Residential Complex — problems you can avoid.
- Incomplete construction. Only in Kyiv there are 70 unfinished constructions. 18 thousand apartments whose owners still haven’t received keys.
- Stalled projects. In Kyiv there are 8 well-known stalled projects that have been under construction for more than 12 years.
- Completed project not matching what was advertised. This is when the developer said one thing but the result was another. You expected to see a luxurious children’s playground, but in fact there are three swings. The visualizations showed a green courtyard with mature trees and shrubs, but in reality there is asphalt everywhere, dug-up patches of earth around the perimeter and some shoots instead of lush crowns. They promised a car-free courtyard, but ended up with parking next to the entrance. On the pictures they showed a beautiful lobby and corridors with finishes, but instead there are monotonous Soviet-era entrances. There are many examples.
“Remember! Neither a realtor, nor a bank, and especially not the sales department, will fully investigate all the problems with Synergy City, because their main concern is one thing – to close the deal and receive their profit. Checking a new development and the investment is your personal responsibility. Study all the documents, check all aspects yourself. If you need to reduce risks to zero, order a full check and we will do everything for you.”