Foreigner Wins Farmland Auction In Hungary
- 25 Nov 2015 8:00 AM
A foreign citizen bought 88 hectares of land from the state for Ft 167 million near Rajka at a Gyõr land auction on Tuesday. The land in question is one of many state holdings up for sale that are leased to former Fidesz ally Lajos Simicska, HírTV reports. In this case, the land is leased by his company Lajta-Hanság until 2051.
This is reportedly the largest plot of land that has been sold to a foreigner.
Source: Hungary Around the Clock
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