As investment, I bought this, instead of stocks. Any ideas on what to do with it?
Location:
- 75km (1hr) to a big international airport. Airport has direct flights to most EU capitals (2-4hr flights)
- 50km to city center
- 25km from nearest large residential area (500,000+ population)
- 5km from massive organized industrial area (government supports factories here)
- 35km from a rich residential area
- 1km away from the village (its old and mostly depopulated) and animal husbandry area
Access:
- There is public transportation, but one has to walk 1.5km after leaving the bus.
- There is no direct road access to the land. You have to walk like 200m after leaving your car.
- 1km road to here is non-asphalt and its a bit bumpy ride. When it rains, it gets bad here. It rains rarely
It is quite peaceful and quiet there. You can hear interesting bird sounds sometimes. You see no buildings, no cars and no humans anywhere near you when you’re there, which feels great imo. You notice the air quality after you leave your car. I personally absolutely would want to live here for a while
Ideas
- Trying to clarify this rn, but I think I can make $120-160/yr/decare from leasing the land to a farmer. Land is 25 decares
- “Unique co-living opportunity with vegan food & yoga sessions” In other words, remote work / digital nomad village for people who want to work REALLY remotely :) I’d have to arrange electricity (solar panels and powerbanks), internet, toilet, shower, water, tents, mattresses/pillows/sheets, food, drinking water. (Though I don’t know what people will do when they’re bored here? Any ideas? Meditation would get boring after some point)
- Sadly location isn’t touristic, but it is 1hr flight away from extremely touristic areas. One of those areas, a city, was the most visited city in the world a few years ago.
- I’ve met a few volunteers and they seemed quite willing to volunteer for whatever I decide to do here (if I do anything). For those unfamiliar: WWOOF and Workaway
Also- Any suggestions on where I should ask this question on the internet?
Sell 1x1 foot squares of it in a vending machine at a random gas station in the middle of nowhere.
With a hidden rent fee.
I would totally buy a gapcha token for one 1x1^2ft of inaccessible land from a vending machine.
This is why it’ll sell, people like obscure shit.
for $4?
A bargain, really.
I wish I had enough money to buy 25 acres without a clear idea of what to do with it.
This isn’t 25 acres. Its 25 decacres which is about 6 acres or 2.5ha or 25.000m2
If I had this land, I’d grow food.
MMM, field lobsters
With all the rage about digital detox trips you could probably get people to grow food for you while paying you for the opportunity, if the marketing is done right.
Holiday in Cambodia but unironically. Loves me some chorin’
get people to [ …do XY]
Doesn’t work unless they can drive right into it with their small cars.
Of course it does. The guided meditative walk is essential as every step helps you leave the toxicity of digital life behind and prepares you to open yourself up to the present.
Hey wanna be my marketer? :D
As in subsistence farming or trying to bring food to market? If the former, it will be a hard path, but possible.
If the latter, have you seen what is happening in the current food markets? For produce (quick spoilage) other nations are rejecting our produce either because of tariffs or because of retaliatory tariffs. For commodity grains like corn and soybeans, previous giant consumers like USAID, USDA, and other agencies are being cut or destroyed entirely meaning there will be a glut of production on the market for some time. Couple that with visa restrictions/deportations, the price of labor will increase substantially. Food prices are going to crater for a time because of this, and some farmers will go out of business. Those that survive will increase prices to cover all of the new expenses, but they won’t be earning more profit from their work.
Does that apply in Europe? OP says most European capitals have direct flights, that take 2-4 hours, so that probably puts this somewhere in Europe.
Research what you are allowed to do with that land. In my country you are not allowed to simply buy agricultural land and start building stuff on it and that is the case in most civilized countries.
Did you check that you’re actually allowed to build and live there? Depending on where that is (i guess left out on purpose), you can’t simply decide to build a house in a field.
Yes I can build 250m2 of house here but that would kill land’s future investment potential (organized industrial area expansion is the development play here)
So instead I plan to use tents to host people if I ever do something here
Though, I guess I can build sheds if they are easy/cheap to remove. I don’t know much about construction
What about a campsite?
No yoghurt weaving digital nomad yoga shite.
Just a plain old campsite that people can stay on with their campervans, caravans, tents etc
You’d probably need a shower and toilet at least.
You could look into rewilding the land
as an investment
Regenerative Agriculture / Permaculture
If you plan to lease out to a farmer, find one that won’t fill it with herbicides and pesticides. And maybe look to only lease part of it while you work to recover other parts.
I’m looking to buy land that needs to be recovered and have the budget that will likely lead me to a place like this that doesn’t have direct road access. Good luck!
Hemp and No-Till see what works afterwards but it’s a market call what you plant! That’s my understanding. Maybe you could do something like Lavander though?
I had a family member who owned land in the sticks. He said you can earn a passive income letting a farmer use it. He let a guy bail hay to sell.
Meanwhile, sit on it for 20-30 years. The land multiplied in value many times over. Eventually, it got sold to a development firm to build multiple neighborhoods after the nearby city continued to expand in that direction.
Serious answer: maybe just describe your land details to like chatgpt and ask how you can make the land “economically productive”
Couple ideas:
- Sit on it. It’ll just passively build value over time
- See if any cell service providers want to setup towers. They provide passive income as well, monthly
Sit on it.
It’s been three hours… Bored now, can I get up?
make real life whiterun from skyrim. i saw land for sale as a kid and that was my only plan if i had bought it
Hire one single dude to ask tourists whether they get to the cloud district very often.
“I used to be a tourist like you, till I took an arrow to the knee.”
“I’ll have you know there’s no pusseeee!”
How close are you to high voltage transmission lines? This might be good for an commercial sized solar farm.
There’s a solar farm 1km away. I heard here it would require like $1m of investment and it pays for itself in 7 years but that’s above my pay grade AFAIK
I mean…
So do 1/10th of that. 100k pays for itself in 7 years? Still have 9/10 of your land to play with.
Just a thought. turnkey operations are geist for land ownership.
you wouldn’t pay for it all up front yourself… you’d set up a business and find an investor to provide the money you’d need. It’s a pretty easy sell for an investor as it’s a predictable money printing machine.
YMMV. We’ve got a local solar farm & the operation has gone belly-up, changed hands twice. It’s got to be on its third investor/owner. Also depends on the quality of your build & your local weather; that solar field isn’t even fully operational yet. Got hit by a massive hail storm maybe almost 2 years ago, it had to have smashed a couple hundred solar panels.
If you’re interested in it, I’d be very careful. Insure everything. Ask everybody, people in the industry if possible.
There’s no natural disasters here but I’d have to have political connections and be rich if I wanted to do something like this without getting hurt in this country. I rather have less to lose and do something more modest
But out of curiosity, how would the investment numbers look like? They invest 1m on land and get 60% of the returns and I get 40% for the next 20 yeas for example?
In the short term, leasing to a farmer isn’t a bad idea. It looks like a lot of your tentative plans will take time and money, so a short term land rental might be a good idea.
