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45,863 m² of forest land in Brankovtsi, Vidin - Bulgaria
- Current bid
- Status
€
Total bid amount
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Total bid amount
See total breakdown
€
Max bid amount
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Max bid amount
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Lot specifications
- Quantity
- 1
- Margin
- Yes
- City
- Brankovtsi, Vidin
Description
45,863 m² of deciduous forest
Vidin Region, Bulgaria
Tax-free country
Suitable for logging once the forest is mature (5–15 years).
The forest offers a tax-free investment (no ongoing costs or obligations).
Possible current uses of the land include the construction of non-permanent structures such as log cabins or container homes. All forms of activities related to wild animals are allowed in the area.
Five parcels are included in the auction with the following cadastral numbers: Brankovtsi 06121.123.61 – 8.502 m² Brankovtsi 06121.126.15 – 16.606 m² Brankovtsi 06121.118.10 – 9.002 m² Brankovtsi 06121.67.25 – 5.501 m² Brankovtsi 06121.123.19 – 6.252 m²
45,863 m² of tax-free forest land with no ongoing costs.
Viewings can only be arranged before bidding and at short notice. The transfer of ownership can be completed through a local notary or remotely through the Bulgarian Embassy in The Hague.
Land ownership and permanent residency rights are available to all EU citizens. Notary and legal fees are approximately €600 plus 7% of the purchase price (fully inclusive) for EU citizens. Non-EU citizens can also own land by setting up a non-trading Ltd. company in Bulgaria. Fees and conditions differ for non-EU citizens; They must request information before bidding.
Vidin Region, Bulgaria
Tax-free country
Suitable for logging once the forest is mature (5–15 years).
The forest offers a tax-free investment (no ongoing costs or obligations).
Possible current uses of the land include the construction of non-permanent structures such as log cabins or container homes. All forms of activities related to wild animals are allowed in the area.
Five parcels are included in the auction with the following cadastral numbers: Brankovtsi 06121.123.61 – 8.502 m² Brankovtsi 06121.126.15 – 16.606 m² Brankovtsi 06121.118.10 – 9.002 m² Brankovtsi 06121.67.25 – 5.501 m² Brankovtsi 06121.123.19 – 6.252 m²
45,863 m² of tax-free forest land with no ongoing costs.
Viewings can only be arranged before bidding and at short notice. The transfer of ownership can be completed through a local notary or remotely through the Bulgarian Embassy in The Hague.
Land ownership and permanent residency rights are available to all EU citizens. Notary and legal fees are approximately €600 plus 7% of the purchase price (fully inclusive) for EU citizens. Non-EU citizens can also own land by setting up a non-trading Ltd. company in Bulgaria. Fees and conditions differ for non-EU citizens; They must request information before bidding.
Additional details
• It is an auction only by auction. No exit is organized;
• During the auction, active bidders may be contacted by telephone or in writing to verify bids and to request a bank statement. This serves to protect both the bidder and the bidding process. It is therefore important that bidders can be reached during the auction. Troostwijk reserves the right to block accounts and remove bids. In that case, a bidder who was previously the highest bidder but outbid can then become the highest bidder again and be kept to the bargain. After the client has been awarded, the entire purchase price (100%) must be paid within 48 hours;
• After receipt of payment, the purchase agreement is drawn up by a local notary;
• Taxes are levied on the purchase price according to Bulgarian laws and regulations;
• Payment of the other costs must be made after signing the purchase agreement;
• Please note: a bid placed is unconditional and irrevocable;
• 21% VAT is charged on the auction costs;
• This sale comes with an 'as is, where is' clause;
• The terms and conditions of use and the legal relationships that arise with regard to the auction are governed by Dutch law;
• Troostwijk Auctions Real Estate
• Overschiestraat 59
• 1062 XD Amsterdam
• realestate@troostwijkauctions.com
• Tel. +31 (0)85 -107 43 03
