I still remember I was looking for a plot of land from the locals at below-market pricing in the path of growth area along the Caribbean Sea in South America in 2013. My first intention was to build new holiday properties with villas opposite the beautiful white-sand beaches and brilliant turquoise-colored water there. I learned a lot about the local area after I had communications with some locals at that time.
Back to the real living world on the land in the UK, it has a vast disparity between the price of agricultural land and land with planning permission. Depending on the type of land, not any land we are interested in building properties. For example, I might not want planning permission for my newly built properties to have a silvicultural tie to myself only for running a wood-land business and charcoal burning. I also don’t want to live on-site in a temporary mobile home and building a barn in agricultural land for developing my business to generate as much income as possible for five years before I can get planning permission to build a house. Even there is already planning permission in place after five years, I don’t want to live on-site to run my business for caring for livestock that breeds all year round to generate sufficient income to support myself. Although there might be some land opportunities in the beautiful new crofts, woodland crofts, or under national forest land scheme of Scotland, Wales, Ireland, etc. with a more complex system of legislation, the main focus of my land investment and development is in London.
When sellers offer me their lands or any land I come across myself, all lands have to consist of the potential benefits to my company and my shareholders such as high ROI, cost-effective, and low risk, I will work with my dedicated legal representative to ensure if it has met the requirements and standard of myself and my shareholders.
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