Land For Sale in Vidin, Bulgaria

For sale is this well-sized plot of 4257 sq.m. situated on the main international road E-79, approx. 14 km from the quickly developing city of Vidin, and some 20-25 km from the new Danube bridge. The construction of the new bridge over Europe's second largest river flowing through 10 countries will connect Vidin with the Romanian town of Calafat and together with the E-79 road will form one of the most important European transport corridors. The construction of the bridge is starting this year and will be completed by 2010. Funded by the EU, this 236 mln. Euro investment is one of the major infrastruture projects that have ever been completed in Bulgaria which will also improve the overall economic condition in the region of Vidin. The property market in Vidin is already picking up, so we would highly recommend investing in this region.
The plot is located excatly on the main road and it's good size makes it suitable for the construction of a petrol station, motel, road service complex or a shopping centre. There are great views from the plot to the city of Vidin and the whole area.
This property would be a great purchase for a speculative buyer who can keep it for 1 to 3 years and re-sell it wit profit. There is no requirement for the land to be developed and it can be re-sold at its current condition.
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. 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.