Brief: INVESTMENT PLOT OF LAND!
Have a look at this offer – 29800sq.m plot of land on the territory of Yambol Municipality only 4 kilometers away from the town of Yambol,100 meters away from the main road to Bourgas and few meters from the regulation.
Basic Location: Near Town, Near High Way,
Type: Land
Town / village: YAMBOL AREA
Living area: 0 m2
Garden: 29800 m2
Floors: 0
Rooms: 0
Nature:
Date added: 09-Aug-2007
Details: INVESTMENT PLOT OF LAND!
Have a look at this offer – 29800sq.m plot of land on the territory of Yambol Municipality only 4 kilometers away from the town of Yambol,100 metres away from the main road to Bourgas and few meters from the regulation.
Why investing in agricultural land?
- In 2006 specialized funds and other investors entered the market driving prices up and doubling its volume
- ˆ200,000 million to be granted by the EU to Bulgarian farmers as subsidies for the 1st year of the country’s accession to the union
- A total of ˆ5 billion to be granted from the EU funds for development of agricultural activities within the next 5 years
- Bulgaria has long traditions in agriculture and food production with many of its products being recognized around the globe
Set up to take advantage of the undervalued land prices in Bulgaria expected to converge with those in other EU member states and the fragmented ownership structure which an opportunity to generate good returns over the years.
Bulgaria - economic outlook:
- Politically stable economy
- NATO member since April 2004, EU member since January 2007
- Stable currency pegged to the Euro
- European leader in Foreign Direct Investment per capital in the last few years with FDI exceeding ˆ4 billion or 16.6% of GDP in 2006