25,009 m2 of forest land
- Lot:
- A1-24023-1
- Vidin, BG
Collection by appointment
- Current bid
- Status
Activate Auto-bid
Recommended
About this lot
• 25,009 m² of forest land
Vidin Region, Bulgaria
Mixed deciduous forest
Easy access
Tax-free country
• Suitable for logging at maturity (10-15 years).
In the meantime, the forest offers a tax-free investment (no ongoing costs or obligations).
• Possible current uses of the land include the construction of non-permanent structures such as log cabins or container houses. All forms of activities related to wildlife are allowed in the area.
• Four plots will be auctioned, totalling 25,009 m², with the following cadastral numbers: Costa Perchevo 38858.137.9 6,002 m², Rabovo 61039.230.107 4,002 m², Tsar Petrovo 78224.244.6 8,003 m², Tsar Petrovo 78224.269.5 7,002 m²
• Tax-free country, no ongoing fees.
• Real investment potential, with the introduction of the euro in Bulgaria planned for 2025-2026.
The Vidin region is known for natural landscapes, from the Danube River to the mountains surrounding the UNESCO World Heritage Site of Belogradchick. Numerous infrastructure projects connecting the Danube Bridge 2 open up the region to improved connections with all European countries. Particularly noteworthy, in addition to the new high-speed line, is the current construction of the new highway connecting Craiova (RO) to Thessaloniki (GR).
• Viewings for bidding can be arranged at short notice only during the auction period. The winning bidder must complete the purchase within 14 days of winning the auction. The transfer of ownership can be completed through the Bulgarian Embassy in The Hague.
• Land ownership and permanent residency rights are available to all EU citizens. Notary and legal fees will be around €500 + 7% of the purchase price (fully inclusive) for EU citizens. Non-EU citizens can also own land by forming a non-trading company Ltd. in Bulgaria. Costs and conditions vary for non-EU citizens, please request information before bidding.
- Lot number:
- A1-24023-1
- Location:
- Vidin, BG
Lot specifications
- Quantity
- 1
- Margin
- Yes
- City
- 3800 Vidin
- Plot size
- 25.0096m²
Documents
Attention please!
• This is an auction by auction only. There will be no turn-off;
• During the auction, we may contact active bidders by telephone or in writing to check bids. We do this to protect bidders and the bidding process. It is therefore important that you, as a bidder, can be reached during the auction. Troostwijk reserves the right to block accounts during the auction
• After the client has been awarded, the entire purchase price (100%) must be paid within 48 hours;
• After receipt of payment, the purchase agreement is drawn up by a local notary;
• Payment of the other costs must be made after signing the purchase agreement;
• Please note: a bid placed is unconditional and irrevocable;
• 21% VAT will be charged on the auction costs;
• This sale comes with an 'as is, where is' clause.
• It is possible that after the auction closes, an e-mail will be sent with the message that the lot has not been allocated. Unfortunately, this is a bug in our system, which we are working on. The message should be considered as not sent.
• The terms and conditions of use and the legal relationships that arise in connection with the auction are governed by Dutch law;
• Troostwijk Auctions Real Estate
• Overschiestraat 59
• 1062 XD Amsterdam
• realestate@troostwijkauctions.com
• Tel. +31(0)33 - 808 02 62
