27,771 m2 of forest land, Vidin region - Bulgaria

• 27,771 m² 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 are auctioned, totalling 27,771 m², with the following cadastral numbers: Tolovitsa 72638.95.36 6,765 m², Tsar Shishmanovo 83363.133.27 10,001 m², Tsar Shishmanovo 83363.113.67 5,001 m², Rakovitsa 62044.308.18 6,004 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.