Price: EUR 92700.00
Area: 51500 sq.m.
Garden: 1 sq.m.
Condition: No information
Number of bedrooms: 0
Number of bathrooms: 0
Company formation is required to buy this property
For sale is this very large plot of 51,500 sq.m., located exactly on the main E-79 international road connecting Western and Northern Europe to the south-east of the continent and the Middle East. A very rare opportunity to find so big plot on this main international road.
Some 18 km from the city of Vidin and approx. 25 km from the new Danube bridge connecting the city of Vidin to the Romanian town of Calafat. This 236 mln euro investment is funded by the EU and will be constructed until year 2010, making it one of the main transport corridors of Bulgaria and the European Union. This will speed up the local economy and will increase the price of the properties in the region of Vidin.
The plot is situated exactly on the international E-79 road on its front end, bordering with a forest at its back end. Being large enough, this plot offers a great opportunity for the development of commercial site like large stores, logitics centre, road service complex, motel or a shopping centre, DIY service, wholesale stores.
Interesting fact: There is a plan for a big petrol station to be constructed just minutes walking from this plot, which means that water and electricity supply will be provided for the whole area, so automatically the price of the neighbour plots is increased.
The proximity to the regional centre of Vidin, its great location exactly on the road and its low price of just 1.80 EUR per sq. meter make it a valuable investment among the constantly increasing land prices in Bulgaria and the lack of suitable land for development or commerical purposes. According to the Bulgaria legislation, no annual tax or other taxes are due to be paid on this land. Also, there are absolutely no management charges or fees to be paid during the whole period of ownership. Also, there is no requirement for the new buyer to develop this land. This land is an excellent investment for a speculative buyer who can sit on it for 1 to 5 years and re-sell it with good profit in the same condition as it is at the moment.
Currently the land is classified as "Agricultural", but can be easily changed to "Industrial" or "Development Land", depending on the aim of the end-buyer.
The investor could also purchase part of the land, individual plots are available for sale. Sizes: 6,313 sq.m.; Price: 2 EUR per sq.m. More information and site plans - available with your agent!
Contact us for more details. Reference No: 13591.