F3103 PAYS DE CAUX (76) – 14,63ha of land – For Investor

DESIGNATION
Approximately 14.63ha of land and meadows (including approximately 12ha of cereals) for sale to the investor.

This land is currently leased and farmed by the farmer
The purpose of this acquisition was to keep the farmer in place.

LEASE CONDITIONS
A new lease must be drafted according to the following conditions:
- Long-term lease 18 years
- Rent: 240€/ha/year for the 1st year, it will then be indexed according to the prefectural scale
- Property taxes paid by the farmer up to 90%

SALE PRICE: €9,950/ha HAI - 
Profitability: 2.20%

For information: 
The price of free land in Pays de Caux varies between €15,000 and €22,000/ha