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

Home For sale Bulgaria 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

Bulgaria / 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

FOR MORE INFORMATION Property ref: Vd 565
Responsible agent

Sergey Pelovski

Sergey Pelovski
Office Headquarters, Sofia
Agent of the Month

Send me an enquiry

Additional Services
Insurance in Bulgaria
Property insurance by
INSURANCE BULGARIA
We can help you get a
BULGARIAN MORTGAGE
Latest News
Sofia housing market in Q2 2017: The price growth continues

25/July/2017
Polina Stoykova MRICS, Managing Director & Head of Research

2017 is set to be the best year for the Bulgarian property market in all its segments for the whole decade up till present. This applies in particular for the capital of Sofia where we witnessed a very dynamic and strong first half of the year.

BULGARIAN PROPERTIES data shows that in the second quarter the average property price surpassed the threshold of 1000 Euro/sq.m. and reached... read more

LATEST REGIONAL NEWS
Italian top travel blog invites tourists to go and visit Plovdiv

18/August/2017
Bnr.bg

Article of BNR

The Italian travel blog www.girandolina.it, which is in the Top 100 of travel bogs in the world, is inviting tourists to go and visit Plovdiv in Bulgaria, Plovdiv municipality has announced.

At the invitation of the town council, the blogs authors paid a visit to Plovdiv and saw its landmarks the houses in the Old Town, the Ancient Theatre, the Rom... read more

DID YOU KNOW?
15-20% Growth in the Village Tourism, Association of Bulgarian Villages

29/August/2017
novinite.com

This year has been very successful for the development of village tourism, which has grown by 15-20%, surpassing the forecast 10-15%, the chairman of the Association of Bulgarian Villages (ABV), Borislav Borisov, according to Inews.

Data for August-September are very positive and perh... read more