Is raw land a good investment

PJ Pahygiannis says:. These are all great reasons to own land. What Is Commercial Property? January 5, at pm.

Location of Property

And you buy land in rural areas Suppose there is someone who will buy your land for building a house in the future You will owe property taxes on it the entire time you own it, is that feasible? Can the land be rented to farmers for crops? Is the land going to go down in value by being too close to an expanding swamp or having a factory built next to it?

Raw Land vs Developed Property

Land is one of the most solid investments available. It will always be worth something, and there’s little chance of it being stolen. Raw land is undeveloped property with no buildings or other structures — it is still in its natural state. If you’re thinking about investing in it, the trick isn’t so much about buying at a good price but selling at the right time for a good profit. Investing in raw land is for people who can afford to wait years until someone comes calling for the land. It’s not a good idea for people who want to do a quick flip or need to develop an immediate income stream. Raw land values increase at a faster rate at the center of a growing city or around the perimeter of cities.

The Best Real Estate Investing Strategy I’ve Found

It will always be worth something, and there’s little chance of it being stolen. Raw land is undeveloped property with no buildings or other structures — it is still in its natural state.

If you’re thinking about investing in it, the trick isn’t so much about buying at a good price, but selling at the right time for a good profit.

Investing in raw land is for people who investmetn afford to wait years until someone comes calling for the land. It’s not a good idea for people who want to do a quick flip or need to develop an immediate income stream.

Giod Raw land values increase at a faster rate at the center of a growing city or around the perimeter of cities. But, any raw land in an area showing population growth is worth investment consideration because such growth attracts developers. The whole idea of investing in raw land is to chose property that will appreciate in value and attract a buyer who will investmment more for it down the road. Raw Land vs Developed Property Investent in raw land is less costly than buying developed real estate in the same area simply because there are no improvements on raw land.

However, banks are a bit more cautious about fronting money for raw land that is not being used for any income-producing purpose and will usually ask for a higher down payment — sometimes up to 50 percent of the land purchase. On the other hand, mortgage loans typically require a 20 percent down payment or. Land loans also have shorter maturities — is raw land a good investment to 15 years versus 30 years for mortgage loans. You can also expect to pay higher interest rates for raw land than you would for mortgages.

Pitfalls Be leery of buying from owners who have held the property for only a short time, especially if the owner is a builder or developer. If they’re trying to is raw land a good investment fast, it likely means they have inside knowledge that the land isn’t as valuable, or ijvestment be as valuable, as they thought.

Raise another red flag on any property priced too low for the market. That can mean the land has fallen outside the path of progress.

You also need to visit the land itself, even if it means a road trip. Never invest in raw land based solely ivestment photos in a slick sales brochure. Do a thorough investigation and don’t allow a high-pressure salesman to rush you into a decision. Retirement Planning Raw land is a long term investment, For that reason, it’s a good option for people who are least 10 years away from retirement and want to diversify their assets.

It’s not an ideal investment for pre-retirees who can’t hold the property long invewtment to reap the benefits of rising values.

Is never too late to key into this cos There is massive development going on the Estate right. Several Gated Estates are in the neighborhood.

Dont have the full payment now? With k first initial deposit u can become a land owner at ibeju lekki just few minute from the trade zone and dangote refinery and all this properties comes with there c of o. Call shoproperty on or Raw land in the Western part of Nigeria Omo nile go sell that your land to 9 different people E better make you use that your money go play MMM.

ShoProperties : nice Where is the location and how much? Egypt does not possess rich natural resources. Its agricultural area is relatively small — less than 10 per cent of the total land.

Its growth relies on tourism, Suez Canal tariffs, and foreign investment. Yes its the best investment because it does not fade or expire. It can be used for farming or building of property.

Its a long term investment. Lands are available in delta state Asaba. You DON’T try this especially in an urban or developing area, once you got a raw land, you immediately develop lahd as in put a structure on it, it might just be an incomplete building then you could say it is an investment, very good investment I must say.

Which one is raw land again? I guess you mean bare land. On the flip side if bare land is now know as raw land then it’s safe to say that land with buildings on it is cooked land right. Do you have any idea of how genuine This raw Land in Ibeju Lekki is? Flourish Royal Garden Estate. Although they are So many of these Estates springing up in that Lekki Free trade zone area And the way they are advertising Are those estate developers genuine?

Yea if you have patience and don’t have the capital to develop goox land. I remember my mum selling a land she bought N50k ten years ago for over N1. Although the value of money may have reduced overtime but you can attest that N1. If you are a smart land speculator you could know the trend of a particular area and invest in rural areas that will soon meet a population explode.

You have to be smart to study the conditions, for example if the FG just constructed a new road or you have info that a road will be constructed, hurry up to buy land around that road. Laand accessibility of transportation road increases the value of land. You don’t necessary have to developed a piece of land in the middle of nowhere, Must place in Kaduna South were completely isolated bushes but now are becoming booming cities as more and more people flood in, you can buy land in such areas and wait for the value to increase.

I bought 2plots land for ,each last week at Ajah-lekki and resold the same week for ,each, Very cool deal I bought 6plots from same estate and will be selling for 10mil. The estate is very cool and classy. Virgin Land. Ibeju Lekki and with 2. All rights reserved. See How To Advertise.

Raw Land Investing: How this Real Estate Expert Does It

Is Raw Land A Good Investment? — Properties — Nairaland

May 11, at am. Toyin says:. June 16, at pm. Nolene says:. January 13, at pm. Examples are the threat of a variety of crop diseases, the potential for pest infestations, an ever-changing weather environment, and unstable market prices. Thanks for sharing! Land is one of the most solid investments available. Seth, thank you for the information! Do labd thorough investigation and is raw land a good investment allow a high-pressure salesman to rush you into a decision. These have thrown monkey wrench on several deals. February 28, at pm. The market moves fast. I was a stayed home mom since for 14 years. My question is I am currently iw in my parents home and rsw siblings are wanting to put the land up for sale. November 26, at pm. I really liked what you said about having land to keep peace of mind.