Description
For sale is an English Limited/Ltd with a Hungarian Kft owned by the latter (the Kft owns three plots of land/arable land + one area for a commercial operation) with current approval for agricultural use. Due to the company structure (the English Limited/Ltd holds an active HSBC bank account in London) with the Hungarian Kft owned, the strict Hungarian laws regarding the purchase of agricultural land by Hungarian Kfts and foreigners (not Hungarian private individuals) do not apply, as this company structure was already purchased through the Hungarian Kft and registered in the land register before the law was passed at the end of 1994. This entire Ltd/Kft company structure is therefore not subject to Hungarian agricultural laws (purchase/sale) in the event of a company sale. General Information The three non-contiguous plots of land/arable land owned by the Hungarian Kft. have a total land area of: - approx. 46.6127 ha / Field 1 - approx. 26.5377 ha / Field 2 - approx. 34.2448 ha / Field 3 Following the granting of a mining permit from the Hungarian mining authorities, potential concrete sand, gravel, and crushed stone mining would be possible and geologically realistic on sub-area 1 measuring 46.62 ha (with normal mining down to a depth of 25 m: approx. 2.5 million m3). The total land area is approximately 107.3952 ha. This land is currently leased as arable land at a low price. The operational and company premises (building in a dilapidated condition), also owned by the Hungarian Kft, include a forecourt, hall, courtyard, its own transformer station (the operational transformer is currently not connected to the public power grid), and two wells. The site covers a total area of approximately 1.0297 hectares. Location: The operational premises of this company construction are located in 9072 Nagyszentjanos at the entrance to the village, in the immediate vicinity of the international, currently two-track Vienna-Budapest railway line with a station for passenger traffic and sidings on both sides for the handling of all types of goods. The existing two-track railway line between Budapest and Vienna is to be expanded to a four-track line. This railway project is fully planned and in preparation; the planned project duration is approximately 10 years. The railway construction project is to extend from Sofia (Bulgaria) to Paris (France) in its final stage of construction. There is also a direct motorway connection to the M1 with its own on- and off-ramps to Vienna or Budapest. Construction of the M8 motorway began near these properties in 2023. According to media reports, the expansion of this major EU project with international partners is also planned or already financed as part of the new Chinese Silk Road. The large Danube port in Gönyü (currently used primarily to ship soybeans, grain, fertilizers, various bulk goods, machinery, various crude steel and their products, etc.) is located approximately 5 km from the property for sale and is easily accessible via the public road network. The port in Gönyü is a Hungarian/EU development project, where international companies are continually setting up shop in this large business area. There are also extensive storage facilities for almost all goods handled here, with its own marshalling yard and multi-track rail connections to the international rail connection Budapest - Vienna and further to Europe. Purchase price and form of sale: This interesting company structure (Ltd./Kft./land) is being sold via a share deal process and will be handled through London. The share deal price for the English Limited, including the Hungarian Kft. with agricultural land/company premises, is: €6 million + 4% commission + legal/translation fees + state taxes. Have we piqued your interest? Then contact us. After submitting a LOI, we will be happy to arrange a meeting with the managing director/sales representative for you. The information provided was provided by the owner and/or third parties and was collected with care. However, no liability can be assumed for the accuracy and completeness of the information; figures may be rounded or estimated. This offer is subject to change and non-binding. Errors and changes are reserved.
