amksenin @ amksenin @lemmy.world

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66

Joined

5 mo. ago

250m2 of permanent structure is legal. Non-permanent structure (tiny houses with wheels, tents) of any size is also legal.

Hypothetically maximum residential development here might be something like 25,000 m2 of apartments, which can be sold for +$1000/m2. That would be very be illegal. Also, this area would be zoned as industrial, not residential (after 2040-2050)

Usually people in villages want to move to modern areas. Villages are old, boring, ugly, etc usually

Workers of industrial zone live in residential areas near the industrial zone. You could see that area in the picture below if you zoom

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?

Hey wanna be my marketer? :D

Are you interested in helping with this challenge? :D

You bought a bunch of land with no plan for it??

It is common in this country to invest in land. It would have been better to invest in US tech stocks but I was young and not well informed

Any thoughts on figuring out longer-term plan?

I might be wrong but this area is relatively wet despite little rain. There's even a small swamp in middle of my parcel. There's a big river 1km away

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

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