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 it and remember that you first figure out what you want and then you buy the suitable land for it.
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 ✨️
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…
💫Ascention💫
Honestly the vegan Yoga Retreat idea could be really cool. If I had a bunch of plans I would do a commune, although I’d rather do an Urban ecocommune personally but you have enough land to get some serious permaculture done. What sort of climate do you have?
Pawlonia trees. Fastest growing wood in the world
Plant an orchard.
Put, like, three single family homes on it.
This will look so much better when it’s smothered in Kentucky Blue grass and drive ways. /S
Parking Lot
There’s some great ideas in this thread but sadly I think most of them are fairly high risk.
Doing anything in this kind of scope is going to cost a lot of capital. If it goes wrong all that money is gone.
I would lease it to a farmer.
Maybe reserve a corner where you can build up some basic facilities. I’m not sure what’s popular where you are but here in Australia you can find places like this on hipcamp where you can camp for a few dollars a day.
Use your income to build basic facilities over time. Toilets, showers, kitchen, solar.
You could look into rewilding the land
as an investment
Edit: but, also:
are you leasing it to a farmer? or are you building a poop resort? i can’t tell which one it is because you listed both
Edible forest
Pine trees for pulp wood? Pickle ball court?
Tbh, starting a sustainable timber operation seems like a pretty good idea if you can afford to wait 15-20 years for the investment to start to pay off. Idk, I guess you could offer it as a camp/hunting ground in the meanwhile.
If you do a permaculture Arrangements you can really diversify while you wait for the trees to grow up, although by then they might be more valuable alive than dead especially if you pick the species to benefit the whole permaculture system
Annually or sometime a couple times a year, rake the pine straw, have it bailed, then sell it to folks doing landscaping or have someone pay you for the right to do that.
In Georgia, roughly 100 acres of pine trees sell for around $1.5mil to $2mil when they are ready for harvest which is 15 to 20 years.
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?
