Do you look down on Bushy or undeveloped areas?

[Cryptomultiplier]

Do you think buying your first landed property in a bushy area is a good investment for the future.

Based on my personal experience, I will not suggest or advise anyone to venture into acquiring the first landed property in a bushy or underdeveloped area irrespective of the fact that land does not depreciate rather it appreciates as long as times and years keep running and the area that the land is located is hoping for development in the future. I will advise the Op not to invest in a landed property in a bushy area because as your first investment, you don't need something that will take so many years before development will get to your side of the investment rather I will advise you go for developing areas to invest because you will make double gain of your investment capital within a short time.

Not really, Firstly, the land will not depreciate over time, secondly, the population density is increasing, the land in the central area is increasingly difficult to buy and expensive. Buying land in a bushy, undeveloped areas will take quite a while to develop but not without potential in the future. Investing in real estate, you can't expect quick returns like cryptocurrencies, this takes a very long process to do.
Real estate as well as other financial investments, prices are still inflated, so you have to be very careful or you will be buried for a long time.

Responding to what op asked, I can not invest in a bushy area otherwise known as an underdeveloped area with my first investment.
Going with your response, land does not depreciate fine but the amount of funds available to me will determine if am to invest in such areas because having a landed property in a developed area may be expensive but you will definitely get double of your investment capital because people will always want to buy lands in a developed city where companies and industries are located rather than investing in an under the developed area that may take several years before developing. Crypto investment can not be compared to land investments because even crypto is not quick money-giving scheme.

Of course, land in a bushy area, and undeveloped areas will not be as profitable as developed areas, if you have a lot of money it's not a problem. Once you have determined investing in real estate, you can't expect a quick return, I said it must be calculated in years, sometimes up to 10 years. So I don't agree with you that buying land in a bushy area is called risky, there are underdeveloped areas that get little attention but have a lot of potential in the next year or month.

In the area where I live, many real estate investors are looking to the periphery, which has not been developed much, they think that it has not been exploited much, so the potential in the future is great. Unlike areas that have developed, costs are high and have become crowded, and difficult to expand. The demand for land is increasing day by day and in the developed area, once it cannot compete, the periphery and the periphery are not developed, cheaper price will be the next choice.

You spoke passionately like a realtor @minairia3. While it is true that buying land in an undeveloped area is a future investment sort, most times these undeveloped areas may disappear depending on how the topography of the place. For example, a man I knew way back bought a 100' × 100' in a swamp-logged area. No matter how much he tried to fill up the land and erect pillars, the ground sinks. He has to wait for the dry seasons and fill up again. Although the place is fast developing, one simply has to have the patience and means to look after the land, especially when one buys in an uncertain topographical scape. Over time when I visited the place, he had erected a solid concrete structure, and has filled the land more than 5times, that it hardly sinks as before. He spent money and had patience.
In other cases, persons had been scammed during the land purchase of these bushy areas and had no way to reclaim their funds.
It always advisable to DYOR before investing in land especially for a long term benefit.
Furthermore, in developed areas where land prices are on the high, what most persons do is to buy a structure and renovate to taste.

[minairia3]

~~

You spoke passionately like a realtor @minairia3. While it is true that buying land in an undeveloped area is a future investment sort, most times these undeveloped areas may disappear depending on how the topography of the place. For example, a man I knew way back bought a 100' × 100' in a swamp-logged area. No matter how much he tried to fill up the land and erect pillars, the ground sinks. He has to wait for the dry seasons and fill up again. Although the place is fast developing, one simply has to have the patience and means to look after the land, especially when one buys in an uncertain topographical scape. Over time when I visited the place, he had erected a solid concrete structure, and has filled the land more than 5times, that it hardly sinks as before. He spent money and had patience.
In other cases, persons had been scammed during the land purchase of these bushy areas and had no way to reclaim their funds.
It always advisable to DYOR before investing in land especially for a long term benefit.
Furthermore, in developed areas where land prices are on the high, what most persons do is to buy a structure and renovate to taste.

I am a realtor in the area where I live, perhaps depending on the terrain of each area, I have not encountered any case like you said. The land in our place, called the undeveloped area, is mostly unclaimed land, if we buy it and don't use it to build houses or buildings, we can also use it as agricultural land for farming and livestock. In my country there is no swamp as you say.

The price of land where I live is also very high, and there are often pumping and dumping situations, so investing in real estate now has certain risks.

[lienfaye]

Do you think buying your first landed property in a bushy area is a good investment for the future.

Yes it's a wise decision. If I have a spare money to buy a land even the area is undeveloped I'll gladly do so because it's an investment. As we know the value of land is increasing as time passes by though it might take time and that's the consequence that you have to deal with, it can't generate an income. But if you look for long term it's a worthy investment since you can sell it at a higher price once the area is already developed. However it's always a priority to me to choose the one who can already generate money to me, and that's the developed areas where I can build a business and home.

[Jody.Drummer]

It is a wrong thought if you regret buying a place in an undeveloped area because this is a very good opportunity to be used as a momentum to develop the area.
Now civilization has developed very rapidly, the human population is increasing throughout the year and of course this will create new land to live in.
In the place where I live now in big cities now it has been enforced not to build and reforestation is encouraged and of course the main target at this time is the movement of the population to new places which are still unspoiled and not yet densely developed.

[stomachgrowls]

It is a wrong thought if you regret buying a place in an undeveloped area because this is a very good opportunity to be used as a momentum to develop the area.
Now civilization has developed very rapidly, the human population is increasing throughout the year and of course this will create new land to live in.
In the place where I live now in big cities now it has been enforced not to build and reforestation is encouraged and of course the main target at this time is the movement of the population to new places which are still unspoiled and not yet densely developed.

It would turn out to be regretful if you do have plans on buying it but you dont have the money on that particular time and it ended up on being progressed then for sure you would really be having those regrets and

frustrations inside.We dont really know on what the future looks like and this is why buying up lands and properties doesnt really assure success or big profits unless if you dont mind much about returns overtime then its

your choice but come to think that this type of investment is never been cheap thats why lots of people do really miss out on buying even if they wanted to do so.

[jamyr]

Lost opportunities. There would always be lost opportunities due to the uncertainty nature that comes with opportunities. If it were to be known to most persons at the time, then it would have gotten and maintained a high value but the uncertainty nature of it is what makes you a better real estate manager or investor.
If your not, then having the services of someone who is experienced would be one way to have an edge.
Fortunately for some or should I say its a move of being smart, they keep an eye on government projects.

Unfortunately, people would always look down on certain areas that would count for a lost opportunity and we are doing that even now!

Diamonds in the rough. Did I say that right?

The ability to see thru the potential of a piece of land.
And to do calculations based on the estimate amount of time before the asset get the value you wanted for it.

Yes govt projects do speedup the timeframe for it will most likely require manpower. So people may start settling down on once bushy land.

[Dunamisx]

Do you think buying your first landed property in a bushy area is a good investment for the future.

Based on my personal experience, I will not suggest or advise anyone to venture into acquiring the first landed property in a bushy or underdeveloped area irrespective of the fact that land does not depreciate rather it appreciates as long as times and years keep running and the area that the land is located is hoping for development in the future. I will advise the Op not to invest in a landed property in a bushy area because as your first investment, you don't need something that will take so many years before development will get to your side of the investment rather I will advise you go for developing areas to invest because you will make double gain of your investment capital within a short time.

Why not, this is development we are talking about here, there's no how you will get to a place no matter how bushy or remote it has been that after 10 years you wouldn't see alot of changes about that same place, eventually it turns not to be thesame place you used to know, in a bushy environment as mentioned, you got the land cheap, the tendencies for development is high as everyone get his or her land also near you and begin to develop it, while it also appreciate in value over time to create more profitability for you, land is a fix asset dont forget that.

[cryptomaniac_xxx]

Lost opportunities. There would always be lost opportunities due to the uncertainty nature that comes with opportunities. If it were to be known to most persons at the time, then it would have gotten and maintained a high value but the uncertainty nature of it is what makes you a better real estate manager or investor.
If your not, then having the services of someone who is experienced would be one way to have an edge.
Fortunately for some or should I say its a move of being smart, they keep an eye on government projects.

Unfortunately, people would always look down on certain areas that would count for a lost opportunity and we are doing that even now!

Diamonds in the rough. Did I say that right?

The ability to see thru the potential of a piece of land.
And to do calculations based on the estimate amount of time before the asset get the value you wanted for it.

Yes govt projects do speedup the timeframe for it will most likely require manpower. So people may start settling down on once bushy land.

And I think this is one of the reasons why many got rich actually, they saw something that others don't. Even in our country, there are a lot of billionaires who are first in the real state industry. They buy huge chunk of lands and with their money, developed it throughout the years.

And now even with having a lot of grand children, they won't be poor for many generations because there is this passive income in lands and real state that will just grow overtime. But it's not for everyone, I mean it's very hard to see what will happen in the future.