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?

  • amksenin@lemmy.worldOP
    0·
    1 day ago

    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?