I’d go to jail probably
I’m just dreaming. Let’s say I created a nice community here and offered cool activities like woodworking, gardening, meditation, yoga, massages, weightlifting, social dancing, soccer or some sport, community dinners. I don’t know the cost* of doing all that but say I get on Booking for $10/night. Hosting 1 person per 100 m2 means 250 people :D I think it would be a no brainer to pay $300/mo for all those activities and to be around nice healthy likeminded people. Depending on the quality of the community, people might be willing to pay up to $1000/mo imo.
*toilet & shower, sleeping tent, mattress & pillow & bedding, solar panel & powerbank, desk & chair, co-working tent, transportation costs, security, food, drinking water… I’d have to somehow transport poop out of here or make poop disappear
Alternatively, I might want to do this in mediterranean region. It would be easier to market, right? Idk if I can rent someone’s land to do this tho?
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
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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?
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
I appreciate your advice
I am trying to clarify that atm. In my research, I saw wildly different numbers from $30 to $160 per 1000 m2
$20/mo per 50m2 is $5K… which is nice like you said
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?