Hungary - LIVESTOCK FARM FOR SALE. Ref : H1
|Contract type:||FOR SALE|
|Approx. Area||30 ha|
Centre area.....30ha grassland farm with five traditional Hungarian barns of 450m2 each…….all have water and two have electric connected……...ideal for sheep, cattle or poultry…...More land is available to buy and rent...…… There are two bungalows next to the barns…… All services in nearby town (5.5kms)...….Budapest is 70kms away. …..Retirement sale ........PRICE: 410,000 Euros ….Ref : H1
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The Hungarian Government has put controls into place to dissuade foreign speculators actually buying land (language competency and proof of farming background and basically obliging the buyer to become a permanent resident)......
The object also is to protect the farmers already operating because even a Hungarian farmer from another region would not have priority.
HOWEVER, there are opportunities to buy the share capital of existing companies who in turn own long term leases on land + sheds / machinery. This is the ideal way to invest into Hungarian agriculture with a return of 4% if renting the land out as an investment, or more if farming it oneself.
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