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- PROPERTY PORTFOLIO. 152 hectares in Vidzeme, agricultural land and forest, including 58 hectares of organic sea buckthorn plantations
PROPERTY PORTFOLIO. 152 hectares in Vidzeme, agricultural land and forest, including 58 hectares of organic sea buckthorn plantations
Property portfolio in Vidzeme, Latvia, totaling 152 hectares in the Cesis, Sigulda, Valmiera, and Limbazi regions. Comprising 10 properties, each with its own land register, totaling 15 land plots.
Some of the properties include certified organic sea buckthorn plantations with a total area of 58 hectares, expandable to 125 hectares, planted in 2022 and 2023. Revenues solely from LAD payments for the specified plantation area (planning period 2023-2027) are approximately 800 EUR/ha per year (x58ha) - ROI 8-12% solely from subsidy payments, not counting income from crop sales and forest exploitation. Upon property sale, the buyer assumes the right to receive payments from LAD.
The current market valuation (Arco Real Estate) is 845,800 EUR (excluding the value of the forest stand), the balance value of the organic sea buckthorn plantations is 106,000 EUR, totaling 951,800 EUR.
Some properties are located directly adjacent to European and national highways (E77, A3, P29), providing additional opportunities for convenient logistics and the development of these properties.
We can transfer the rights to use 12 .com, .eu, and .lv domain names related to the sea buckthorn business to the buyer.
We will consider your price offer.
For inquiries and offers, please call +371 26642420.
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