Land has been the only consistently rise in value against other asset class of investments.
Everyone is buying Land; developers, large institutions, private buyers and special Funds.
When Land is bought before planning, it is viewed as medium / long term planning. When Land is approved for development, it is worth many times of what was paid!
Land is always a protected investment against inflationwith an assured time driven ROI.
TIPS for BUYING Land
Do a general due diligence on land offer, ie. check title, location, address and picture.
Upon contact, identify and verify the party that you are in contact with.
Ask owner for documentations when you deal with agents and brokers.
Ask what is the general cost of acquisition and its attached professional fees.
If you are not a local, see professional advisory on the legal, tax and financial process of the transaction.
When possible, view the land, ask the right questions and make sure Land is transferrable without any restrictions.
