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Investment land for sale near Vidin
Offer type:
Business for sale
Location:
near
Business category:
,
Price: 9 000 €
Business Description:
This agricultural plot of land is positioned in the outskirts of a nice settlement, located only 3 km away from administrative town of Vidin. The plot covers an area of 8500 sq.m of land. The plot itself is on a dirt road but only 200 m from the international road E-79. The nearby plot is provided for the shopping complex with building area of 75000m. The distance from Vidin centre to the plot is 5 minutes by car. A kilometer away there is Vidin Airport, which is not operating at the moment. Pan-European corridor 4 is passing near the property. All these factors contrubute to its attractiveness and althought it is currently agricultural plot of land, it could easily get a building consent and turn into a development or industrial plot. This type of plots are very rare to find and very attractive as there is a great demand for logistics centres and warehouses in Bulgaria.
The law allows to keep the plot merely for investment and there will be no need to pay taxes on it if it is kept as agricultutal land. This means that it can simply be bought, kept for a few years and resold with a great profit without investing anything more than the initial amount. There is no requirement for the new buyer to develop this land. Also, there are no management fees to be paid if it is kept for resale.
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