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- PROPERTY PORTFOLIO. 85.33 hectares in Vidzeme, agricultural land and forest, including 58 hectares of organic sea buckthorn plantations.
PROPERTY PORTFOLIO. 85.33 hectares in Vidzeme, agricultural land and forest, including 58 hectares of organic sea buckthorn plantations.
Property Portfolio in Vidzeme, Latvia, totaling 85.3339 hectares in Smiltene and Sigulda municipalities. 6 properties, comprising a total of 10 land plots.
Some properties include certified organic sea buckthorn plantations with a total area of 58 hectares, planted in 2022 and 2023. Income solely from LAD payments for the designated plantation area (planning period 2023-2027) is approximately 800 EUR/hectare per year (x58 hectares) - ROI of 8-12% only from subsidy payments, not including income from crop sales and forest development. Upon property sale, the buyer assumes the right to receive payments from LAD.
The current market valuation (Arco Real Estate) is EUR 429,000,- (excluding the value of the forest stand), and the balance value of the organic sea buckthorn plantation is EUR 106,000, totaling EUR 535,000,-. Some properties are located directly adjacent to European and national highways (E77, A3, P29), providing additional opportunities for convenient logistics and development of these properties.
The buyer can be provided with the rights to use 12 .com, .eu, and .lv domain names associated with the sea buckthorn business.
We will consider your price offer.
For inquiries and offers, please call +371 26642420
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