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- PROPERTY PORTFOLIO. 77.43 hectares in Smiltene municipality, agricultural land and forest, including 50.64 hectares of organic sea buckthorn plantations.
PROPERTY PORTFOLIO. 77.43 hectares in Smiltene municipality, agricultural land and forest, including 50.64 hectares of organic sea buckthorn plantations.
Property portfolio in Vidzeme, Latvia, totaling 77.4339 hectares in Smiltene municipality. It consists of 5 properties with a total of 9 land plots.
All properties, except one, include certified organic sea buckthorn plantations with a total area of 50.64 hectares, planted in 2022 and 2023. Revenues solely from LAD payments for the specified plantation area (planning period 2023-2027) are approximately EUR 800/ha per year (x50.64ha) - ROI 8-12% solely from subsidy payments, not counting income from crop sales and forest exploitation. Upon property sale, the buyer receives the right to receive payments from LAD.
The current market assessment (Arco Real Estate) is EUR 383,000,- (excluding the value of the forest crop), the balance value of the organic sea buckthorn plantations is EUR 92,671.20, totaling EUR 475,671.20. Some properties are located directly adjacent to European and national highways (E77, P29), providing additional opportunities for convenient logistics and development of these properties.
For the buyer, we can transfer the rights to use 12 .com, .eu, and .lv domain names related to the sea buckthorn business.
We will consider your price offer.
For inquiries and offers, please call +371 26642420.
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