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Preferred Commercial is delighted to offer for sale this 120 acre plot of land in rural Latvian countryside. The land is currently home to a number of buildings consisting of a large barn, a storage building and a hunters/fisherman's lodge. We feel these buildings could be easily be renovated to provide a spectacular residential property. There is also the opportunity to build a hotel on this land, offering a rural retreat for tourists. We have been advised that planning permission is in place to build further lodges. The lake and woods make this an attractive buy for a fishing and hunter enthusiast, looking for a holiday home. There is the opportunity to let the lodge out to generate a turnover. A local farmer currently rents a few acres of land from our client to grow crops, which a new owner could choose to carry on with although no formal contract is in place. We feel this land offers an ideal opportunity for a developer looking for a residential property or a business venture, in such an idyllic location with a low cost of living.
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