For sale is this large plot of 30 000 sq.m., located exactly on the main E-79 -international road connecting Western and Northern Europe to the south-east of the continent and the Middle East, thus becoming the main gateway to Europe!
Just outside the town of Vidin and exactly on the E79 - the road to the the new Danube bridge connecting the city of Vidin to the Romanian town of Calafat.
This 236 mln euro investment is funded by the EU and will be constructed until year 2010, making it one of the main transport corridors of Bulgaria and the European Union. This will speed up the local economy and will increase the price of the properties in the region of Vidin.
The plot is situated exactly on the international E-79 road - on on the junction of two international roads /to Serbia and Romania/. It offers a great opportunity for the development of commercial site like large stores, logitics centre, petrol station, road service complex, motel or a shopping centre. The proximity to the regional centre of Vidin, its great location exactly on the road and its low price of just 10 euros per sq. meter make it a valuable investment among the constantly increasing land prices in Bulgaria and the lack of suitable land for development or commerical purposes.
According to the Bulgaria legislation, no annual tax or other taxes are due to be paid on this land. Also, there are absolutely no management charges or fees to be paid during the whole period of ownership. Also, there is no requirement for the new buyer to develop this land. This land is an excellent investment for a speculative buyer who can sit on it for 1-5 years and re-sell it with serious profit in the same condition as it is at the moment. Currently the land is classified as "agricultural", but can be easily changed to industrial or development land, depending on the aim of the end-buyer. This plot of land is an investment with more than a 100 % profit. A triple increase in the prices of land in this area is expected once the bridge is built. Do not miss this opportunity! Early viewing and decision are highly recommended!
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