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?
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.
Start up a workers cooperative and a collectivized farm, you could also do the digital nomad stuff and make a worker owned digital syndicate. Turn it into a leftist center where theory flows like water and discussion of revolution flows through the air like the songs of the workers >:3
Build a large wall around the entire perimeter of the property.
Construct a tall stone tower in the middle of the property and paint it completely matt black.
Poison the land around the tower, so nothing, not even grass can grow.
Have packs of wild, feral dogs roam the property.
Dress in dark grey robes, and spend the rest of your days on the top of the tower, screaming obscenities at any passers-by, or shaking your fist angryly at the sky.
Move the stone wall out each night and slowly claim more land like an insidious virus
*Mount a fiery red spotlight at the top of the tower and move the beam randomly around the property in case of hobbits
That’s totally where I thought they were going with that.
You also need to move the stone fence out each night to expand your domain
Looks like a farm, maybe plant something?
Plant potatoes. Charge rich families to come out and harvest potatoes as a “total farm experience”. Sell them as a “rustic handgrown” crop.
Take the profit and buy a shit ton of meth and smoke until your heart explodes. Die with a smile as you escape late stage capitalism ✨️
This is also what I suggested (not exactly but about the same concept). Biggest problem might be, that its maybe a bit far off from the next city.
And they would totally dig that shit up and call it an experience too. Do it.
Unfortunately though I think OP being an hour from an airport is gonna preclude tourists from being a financial factor in the area.
And there was so much meth to be had…
Good marketing can sort that out. You call the experience “authentic” and hire some attractive actors to do a couple photo shoots. Maybe add a shuttle and a little café like touristy vineyards do. And if you’re really good you can figure out a way to get the tourists to make meth for you. Say they have to bring certain ingredients with them, in addition to the crazy expensive entry fee.
💫Ascention💫
Plant a lot of trees. Be the owner of a forest. Just be proud.
Do nothing, watch nature claim it back.
Ah. Someone found my field of fucks. See that I had none left to give.
Sell it and remember that you first figure out what you want and then you buy the suitable land for it.
First of all, what the fuck, how are people paying 1.2k lease per nectar and are still able to make a profit of it (this is possible if you plant vegetables, but most farmers dont do vegetables).
Secondly, if you are willing to maybe invest a little bit more I would try to market this as a “DIY” garden. Basically what you do is, plant the field with vegetables, divide the field into smaller sections and then people pay you for having the opportunity to raise and and harvest their own vegetables. Harvest everything you can’t sell by yourself and sell it to your local supermarket.
Pros:
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Lots of cash. If you just charge people like 20$/month for e.g. 50m2 (which is quite a lot) that would come down to 1000$ per month assuming that you are able to rent all sections to other people (which will devinetively not happen). Even if you only rent out 50% its still 500$ per month.
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Not very work intensive. You dont really have to do that much. Just regularly check on the field and care for all parts that are not rented out.
Cons:
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Further investments are needed. You would have to supply the field with water. The best way would be to buy a cheap forklift and some containers, fill them up with water and drive it there. If you already have a car that can tow trailers you could also use that to supply the field.
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High instability: You can’t really calculate how this will work out, because you can realistically only calculate this for this and maybe the next year. This is also highly dependent on how gods you can reach the field.
The field may be a bit off for this concept, but if you manage to market this to the city population (not necessarily the city population, but more of the urban population that live in denser areas) you can make quite a lot of cash of it. I think with the uprise of uncertaintys about the availability of food and maybe declining supply chains this might get more relevant in the future. For this to work I would suggest to start small. Just seed clover on the rest of the field that you dont plan to use. This has the advantage, that you dont loose soil due to erosion, but you also allow the soil to regenerate and ultimatively clover is able to fixate nitrogen in the soil which is OBE of the most important nutrients for growing anything. If you let the clover grow for 2 years it can fixate iirc up to 200kg/N/acre which is quite a lot, bit this really depends on a lot of different factors.
I appreciate your advice
First of all, what the fuck, how are people paying 1.2k lease per nectar and are still able to make a profit of it (this is possible if you plant vegetables, but most farmers dont do vegetables).
I am trying to clarify that atm. In my research, I saw wildly different numbers from $30 to $160 per 1000 m2
Even if you only rent out 50% its still 500$ per month
$20/mo per 50m2 is $5K… which is nice like you said
I would try to market this as a “DIY” garden.
There are actually a lot of projects like that. They unofficially partition the land into 500 m2 parts, arrange water and electricity (some don’t arrange that either), and they sell. Thy call them hobby gardens. Do you happen to know about them?
I am trying to clarify that atm. In my research, I saw wildly different numbers from $30 to $160 per 1000 m2
It is absolutely possible, that people pay this much. I have seen this in other regions too. What I meant is, that I still don’t get how people are making profits of this. Just assuming, that you get 200$/T of wheat and are able to harvest 10t/ha, which is a lot, you still only made 800$ of a nectar if land. This does not include the costs for all the machinery and fuel. Also at a price of 1.6k/ha it is dumb to not buy it instead. If you calculate this on a time scale of 20 years you would pay 32k in lease, so to make this profitable you could buy the land up to a price of 3.2$/m2 which is quite a lot.
There are actually a lot of projects like that. They unofficially partition the land into 500 m2 parts, arrange water and electricity (some don’t arrange that either), and they sell. Thy call them hobby gardens. Do you happen to know about them?
The difference here is, that the people are forced to do everything by themselves. In my scenario people are paying you for the work of planting the crops and maybe additionally taking care of them. The thing you mentioned is also more like, that people can build shacks on it etc, since 500m2 is way to much to eat all of it that you can grow there. It also takes quite a lot of work to maintain all of this. These small sections have the advantage of the people being able to maintain it without much effort.
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Plant something ASAP on that naked land or it will all be carried away by rain and wind.
Looks like someone was farming it before, OP should contact them first since they will know about the potential and problems. Maybe make a percentage-of-profits deal rather than a lease. The timing is good for a crop, if they move quickly.
Or rewild it with native plants. Maybe some young trees on the windward edge, and seeds for a meadow
You can still plant something on it, but you have to be fast if you want to harvest it. Alternatively you could plant grass/clove on it and the figure out what to do with the land afterwards.
However, if you want to do a “split profits” deal you have to make sure, that you dont take to much for yourself, because most farmers won’t do this if leasing it is actually cheaper. Also it might be hard to get someone to lease it for a single year and at this time most stuff is already planted which makes it even harder.
Plant whatever everybody around this area is planting and ASAP. He can think about what to do next year, but not this one.
Yeah I was thinking, what’s in those big green silos? Probably a good option.
Sharecropping is so hot right now
Vineyards around here have set up wedding venues. People pay stupid amounts of money for weddings. If you can set up a few areas that are particularly photogenic you’d be good. Much of the land you could just leave to nature, which could be a huge part of the appeal. Make a few trails and like 2-3 buildings for the wedding and reception.
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.
for $4?
A bargain, really.
you joking or are you serious? do you know about acre prices in usa? it’s usually much cheaper
I am admittedly ignorant. Please educate me on this matter, if you have the time. I’d appreciate it greatly.
This is why it’ll sell, people like obscure shit.
Imagine you get like 200 of those bought at random across the land, and no more, then you try to do something with the remaining land!
Chess, except each piece is a bishop of the same color
Is that how land ownership works? You can move your parcel of land as far as you like but only diagonally and without jumping over any other bit of land? TIL.
For now? Lease as much of that land as you can. Cover crop the rest. You do not want bare, tilled soil sitting there for a year+ as you figure out bigger plans.
Lease as much of that land as you can.
Careful. The Lemmy mob is watching 👀
Ha. Anyone who’s farmed knows that ag leases are such a different scenario and very negotiable, especially if you are working with someone who wants to see the land in production or help young farmers etc. I WISH there had been more willing landlords when I was farming, it took me two years to find a place at all. Lemmings can hate once they’ve negotiated their own ag lease 👀 👩🏻🌾
Mmmmm local grown food and a landlord!? 🍽️ 🍽️ 🍽️
:P
What’s the legality of that land?
Where I live there’s no way a plot of land is suited for both farming and a Hotel.
If you build something in a place where residential/commercial buildings are not allowed you are in for a lot of troubles.
If the weather provides the safest bet for the most profit would probably be plant some easy trees or some plant that would not need a lot of caring, and just sell the products.
That for money. If I were you and I had money to throw I would just built a retire House for myself and collect my returns in peace of mind and health. But then again, residential buildings may not be allowed there.
These “laws” are just manmade constructs, I only trust the word of god. (And god told me to build a compound and fill it with devotees and guns)
