The more the better is a maxim we often hear and it applies equally to land. We discuss the opportunities that come with acreage.
At some point in your life you have probably experienced a desire to get away from it all. Most of us have. Besides this farm-life dream, there are a number of advantages to owning an extensive property, but you may not have thought about all of these opportunities.
Fundamentally, an acreage can make money for you. Additional land can be turned into a means of generating income. The opportunities available will depend on the location of your property and how much time and capital you have to invest in the project but there are a number of options. Acres can be used as grazing land for horses or cattle or for a specialist crop with the aim of selling the produce. Orchards do not necessarily have to be high maintenance and vineyards are becoming a more popular option. There are grants available for planting some types of trees.
Another area that many people do not consider when it comes to land is renting. There are a lot of different sources of rental income on an acreage. Investors can let out their farm to tenant farmers or arrange for a contractor to farm the land. If your property has scenic appeal it could potentially be utilised as a setting for special occasions such as weddings, receptions and retreats, or even as a movie set. There are also opportunities to use outbuildings as rental properties without affecting the liveability of the main home. If you would like a small business such as a bed and breakfast, a rural property in a scenic area or along a major travel route can be ideal.
Finally, if the property is in reasonably close proximity to a larger urban centre there may be future opportunities to subdivide and sell of parcels of land. This can also be true of small but growing rural centres. Patience and a good eye are key in this regard. Take advice from your agent about complex issues such as quotas, grants, planning and where to buy.
Looking for land? Here are some of the few properties with acreage and plots with have currently for sale:
1. Your own vinyard in Portugal
This great 4/5 bedroom property has 6-hectares of vineyard tended by a neighbouring winery. The vineyard produces high quality Syrah and Viognier grapes and the new owner has the possibility of either selling the fruit or having a personalised bottling produced by the winery at zero cost.
2. Game farm and wedding venue in South Africa
This is a very well looked after farm that has been built up over the years. The farm consists of 4 different farming components including 400 ha arable land, 400 ha that is being used as a game camp, with luxury safari tented accommodation for hunters, 500 ha grazing and 400 ha land on which precision farming is being applied on large portions thereof. A variety of game species may be included in the sale. The farm has been operating as a guest farm for the past 14 years with a very good occupancy rate with a thatched lapa that can also be used as a wedding chapel or reception area.
3. Land development opportunity in Oxfordshire, UK
An excellent land development opportunity available for the first time in around 30 years. The plot is believed to extend to around 10 acres and subject to planning and relevant permissions, presents a wonderful opportunity to create over 30 properties.
4. Equestrian facilities and 50 acres of land in Nottinghamshire, UK
The Farmhouse which has been completely renovated to the highest of standards by the current owners is further enhanced by a fantastic range of equestrian facilities, currently leased to a livery business, as well further barns and commercial outbuildings offering potential for further income, or alternatively a superb opportunity for those wanting to operate a substantial business within their own home.
5. 37 acres with deer handling facility in Surrey, UK
Woodlands Farm enjoys a magnificent elevated and secluded position with an exceptional level of privacy. Set in 37 acres of its own grounds to enjoy, it also overlooks Chipstead Golf Course and far reaching views. The grounds themselves incorporate paddocks, fields, 14 stables within an indoor complex and deer handling facilities.
Please visit fineandcountry.com to view more properties with land, or contact your local Fine & Country office for more advice on selling or buying land.