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Agriculture land, Nogales

LV-3260 Nogale, Kabile

Profitable dairly farm with 575 ha land

The company’s core business activities are dairy farming and crop cultivation. On average, crop cultivation accounts for 30% of total turnover, while the remaining share comes from dairy farming. Total managed agricultural land: 659.33 ha, incl. 575 ha owned (valued at EUR 4.2M). Average land fertility - 39 points. Existing liabilities of 2.9 mil. EUR. The company's average EBITDA margin is 47%.

Assets include 2 milking barns (2019, 2003), machinery shed, barn (2013), lagoon (2012), manure storage (2022), silage pit (2019) and others. The herd consists of 340 cattle, including 196 milking cows. In 2023, the average milk yield was 9.8 t/cow. The main crops grown are rapeseed, winter wheat, corn, and grasslands. Average yields: wheat 4.5–5 t/ha, corn 50–55 t/ha, winter rapeseed 3 t/ha. The farm owns all necessary equipment for crop production (incl. key assets valued at EUR 1M): 6 John Deere tractors; Case and Claas Jaguar harvesters; 2 Pottinger mowers, cultivator, and other machinery; Also includes 4 automated milking units and modern farm equipment.

Ligita Tetere

English Russian Latvian
Managing Director
Habita Riga
Habita Licensed Real Estate Agent

Lot details

Listing number 668108
Selling price €3,000,000 (GH₵36,539,295)
Lot area 5650000 m²
Terrain Gentle slope
Road Yes
Land ownership Own
Planning situation General plan
Municipality engineering Water, Sewer, Electricity

Fees

No fees.

Purchase costs

Registration fees €1,000 (GH₵12,180) (Estimate)

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