For sale Farm, Saldus, Saldus District, Latvia, Saldus district

For sale - Cod. 26805

• Tipology: Farm
• Area: 14000000 m²
• Rooms No.: 1
• Floor: 1
• Publication date announcement: 23/10/2015

Investment opportunity in Latvia
Investment opportunity of sale&leaseback of agricultural land and farm, leaseholder is dairy and grain farm in Latvia. Capacity for cows 900 (new farm built in Y 2013), company works since Y 1992. Managed land 1 400 ha (incl. 840 ha own property). Farmer owns all required machinery.
Investor is offered to buy agricultural land and farm, and lease to farmer back, farm and land 736 ha (incl. 633 ha of arable).
Land valuation 2 562 800 EUR, Farm valuation 2 000 000 EUR.
Total value of the deal: 4 562 800 EUR

Lease maturity 5 – 15 years.
Offered 5% - 5.5% annual rent.