Purchase of felling rights
Acquisition of felling areas with or without a felling permit, as well as growing timber throughout Latvia, providing:
- Payment on the day of signing the contract
- The possibility of receiving an advance payment
- All cutting area preparation work to obtain a felling permit
- Creation of a new forest inventory if necessary
- Free legal services
- Free tax consultations
Fill out the application and receive an offer within 24 hours.
Essential things to consider before selling a cutting area:
- A property analysis must be performed in the field, where it is assessed whether the electronic data corresponds to the reality. There are frequent cases when the situation in nature is different, as a result of which a new inventory/valuation has to be made.
- A very important factor that increases or decreases the owner’s profit is the quality of the timber scaling, therefore Timbro has created a database of verified timber scalers, the accuracy of whose scaling is regularly checked. Inaccurate scaling can significantly reduce your profit.
- It is mandatory to have several participants in the cutting area auction.
These are just a few examples that clearly show how forest owners can increase their profit from the cutting area auction. We offer you the knowledge, technologies and experience that will help you understand these processes in detail.
Frequently asked questions about conducting a felling auction
If you organize the cutting area auction yourself, you can achieve this by gaining specific knowledge about forestry and the industry so that you cannot be misled and thus bargain down the price. However, we still recommend hiring competent consultants who work in your best interest, receiving a commission for it only in the case of a successful transaction. This will save you time and unequivocally provide you with the highest possible benefit.
If a cutting area is sold as a result of a cutting area auction, a 7.5% income tax will have to be paid on the amount received.
