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?

  • finitebanjo@lemmy.world
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    1 minute ago

    Take a tupperware container set and test the water supplied to the field for PH value using a pack of litmus papers, then test the four corners and center of your field by scooping up some dirt, adding some water, and testing with litmus paper. Next, drain out the water and let it evaporate and look for signs of crystalization or condensates. Seal some of your soil samples to see if a healthy soil biome blooms in the sample, fungus and such.

    A good healthy soil will have a strong biome. It and its water supply should be close to PH 6 to 7 for most tall grass and similar crops. There should be little to no saline in your soil, signs of that might indicate a brine pit forming in the water table near your land.

    The most valuable single-season crops are crops that you can process yourself rather than selling to a granary. For examples: milled flour, corn byproducts, alcoholic ingredients, or switchgrass fermented into propionic acid biofuel. The major downside to being your own processor is that you’re also you’re own distributor which is very difficult.

    Make sure to join up with any farming groups in your area and get insured for any farming you do.

  • null_dot@lemmy.dbzer0.com
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    57 minutes ago

    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.

  • nutsack@lemmy.dbzer0.com
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    1 hour ago

    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

    • milicent_bystandr@lemm.ee
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      2 hours ago

      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!

    • ksigley@lemm.ee
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      8 hours ago

      I would totally buy a gapcha token for one 1x1^2ft of inaccessible land from a vending machine.

  • iamai@lemm.ee
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    6 hours ago

    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?

  • BigBananaDealer@lemm.ee
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    8 hours ago

    make real life whiterun from skyrim. i saw land for sale as a kid and that was my only plan if i had bought it

  • CascadianGiraffe@lemmy.world
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    8 hours ago

    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!

  • Bosht@lemmy.world
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    8 hours ago

    Couple ideas:

    1. Sit on it. It’ll just passively build value over time
    2. See if any cell service providers want to setup towers. They provide passive income as well, monthly
      • untorquer@lemmy.world
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        9 hours ago

        That’s why you get your cult followers to give you all their money, so you can afford lawyers, they can’t, and the other followers can be readily coerced into placing social pressure on any dissent. This is about YOU, the work is about YOU, everything is about YOU and it always has been.

    • Fredselfish@lemmy.world
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      9 hours ago

      Tell you what not to do. I did the same and built an Rv park. Well so far that been a bust. They only work where they’re lots of people. Also farming is an idea but only for your personal use. Farming for profit is a no win game. Depending on where this is located will decide what you can do with it. Also zoning.

  • some_guy@lemmy.sdf.org
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    9 hours ago

    I had a family member who owned land in the sticks. He said you can earn a passive income letting a farmer use it. He let a guy bail hay to sell.

    Meanwhile, sit on it for 20-30 years. The land multiplied in value many times over. Eventually, it got sold to a development firm to build multiple neighborhoods after the nearby city continued to expand in that direction.

  • Dorkyd68@lemmy.world
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    7 hours ago

    Step 1, dig big hole, step two, become one with tge ant people, step 3 never see daylight again

  • mmddmm@lemm.ee
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    14 hours ago

    Plant something ASAP on that naked land or it will all be carried away by rain and wind.

    • Mouselemming
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      12 hours ago

      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