Do you have a property for sale in Vidin? Sell it with us!

Home For sale Vidin Region Vidin Industrial land (Vd 565)

Industrial land for sale in Vidin

Next to the biggest car tyre factory in Bulgaria

Property features

Type of property: Industrial land
Total area: 8980.00 m2 (net area plus common parts)
Garden: no
Condition: read text
Furnishing: Unfurnished
Ref. No.: Vd 565

Location of the property/complex

Location: Vidin Region / Vidin

Approximate property location

We are delighted to present this extremely rare investment opportunity - a large plot of 8980 sq.m. land with potential for industrial/commercial use located in the city of Vidin, on the main international E-79 road (one of Europe's major transport corridors) and just across the road from the main entrance gate to one of the biggest industrial enterprises in Bulgaria - the car tyre factory VIDACHIM.
VIDACHIM is the biggest car tyre production plant in Bulgaria. After it was privatised in 2004, the new owners invested more than 5 mln EUR into new machines and production facilities, new technologies and production lines to match the latest trends in this industry. The prviatisation of the plant was called "...the Bulgarian success story in the Privatisation" (Lidia Shuleva, ex-minister of Labour and Social Policy). The enterprise is working successfully and the management is hoping to reach the previous production of 1,850,000 tyres per year in the next few years. More information about VIDACHIM - please read their official website.
The other main highlight for this property is the New Danube Bridge: The new Danube bridge is some 12 km from here, on the E-79 road. This major infrastructure project costs 236 mln. EUR and is financed by European Union funds, leading European banks and the Bulgarian Government. The bridge will be complete until year 2010 and will connect Vidin with the neighbouring Romanian town of Calafat (currently the link is being performed by regular ferry-boats). After the Danube bridge is complete Vidin will become one of the main crossroads in Bulgaria, and will play significant role in the transport of the country and Europe.
The plot offered for sale is suitable for industrial or commercial purposes - Logistics centre, stores, industrial facilities, etc. Just across the road from the main entrance of the factory, and located next to the main E-79 international road, the plot would suit perfectly suppliers of raw materials for the factory, or other businesses connected with the tyre production.
Current status of the land - "Agricultural land" - Easy regulation and changing of the status to "land for development or commercial/industrial purpose" against additional fee of approx. 1.50 EUR/sq.m. There is no obligation for the new owner to regulate the land or develop it. Can be kept as it is at the moment for unlimited period of time.
We would recommend this opportunity to an investor who is looking for a highly profitable short-term venture - the plot is priced at just 9 EUR per sq.m. and can be re-sold minimum on double price in 2 or 3 year, at the same condition as it is at the moment. Please, also note that there are no additional costs to own this plot, no annual local tax, no management or maintenance charges.

More information about :

Reference number: Vd 565

Send an enquiry about this property

Do you like this property? Recommend it to your friends!

Price

€ 83,320

9.28 €/m2 Total area: 8980 m2

Agency commission due
Upon purchase there are additional costs
Important: Terms of payments

Contact agent
Stefan Filaretov
Office Vidin

Send me an enquiry

Additional Services
Insurance in Bulgaria
Property insurance by
INSURANCE BULGARIA
We can help you get a
BULGARIAN MORTGAGE
Furnishing and furniture in Bulgaria
Furnishing and interior design by FURNISH.BG
Boutique construction & refurbishment
Boutique construction & refurbishment by CHOBANOV & STOYANOV
Property management in Bulgaria
Management and maintenance of the property with PROPERTYMANAGEMENT.BG
Renting out to tourists in Bulgaria
Renting out to tourists with APARTMENTSBULGARIA.BG
Hotels in Bulgaria
Holiday in Bulgaria with VISITBULGARIA.NET
Bulgarian Moving Company
Removal services with Moving.BG
Latest News
Balloon Fiesta near Razlog

21/January/2015
www.news.bansko.org, 14 January 2015

The Balloon fiesta "Rimska bania" is held near Razlog between 14th and 22nd of January, 2015. The fiesta takes place in village Banya - a place blessed with hot springs, fresh mountain air and beautiful scenery.

Teams from Bulgaria, Russia, Moldova, Latvia, Poland, Slovenia and Ukraine are participating in the fiesta. The main event organizer is "Thermo Spa Hotel Roman Bath", locat... read more

LATEST REGIONAL NEWS
Construction of a spa resort near Bolyarovo

12/January/2015
Presa, January 9, 2015

A new luxury SPA complex, which will use mineral water from the territory of the village of Stefan Karadzhov, Municipality Bolyarovo, will be built by mid 2016.

The agriculture company Pro Agro Invest will invest 6 million BGN in the reconstruction of the resort. The company cultivates around 60 000 decares of farmland on the territory of 13 settlements in the region. It has bought... read more

DID YOU KNOW?
One standard for all: A global norm for measuring property

02/February/2015
International Business Standards Organization (IBSO), Global Leadership Bulletin, 30.01.2015

The International Property Measurement Standards Coalition (IPMSC) has selected leading professionals from around the world to develop a global standard for measuring property. After continuous work and global public consultation, the first international property measurement standard was announced on... read more