Does anyone have any experience when it comes to renting out land in Lovina, my father in law has 45 ara of flat land about 2 km in from Kaliasem. He's interested in leasing long term and wants to know what kind of price he could expect per ara.
Sorry forgot to mention the land has power and water,
Last edited by BKT; 10-03-2011 at 03:14 PM.
I haven't seen anyone offer property for long term lease in Lovina. People just don't seem to be aware of it as in the south of Bali. I am sure there are some foreingers who would prefer a longterm lease over having to use a nominee. Perhaps you need to compare similar land for sale in the area to calculate the price. Subdividing it would be another option also.
Give a man a fish and he will eat for a day. Teach a man to fish and he will sit in a boat drinking beer all day.
Frankly I can't see what the point would be of leasing out the land in the North as the price to buy is so cheap. At 7 - 10 million/ are freehold (last time I looked was a year and a half ago) you would have to ask so little for the land leasehold that it would earn more in rice than the rent you would get.
I'm not a farmer but the calculation was made for me by one.
He's tried farming there before but the people in the area end up taking what ever is grown and selling it for themselves, thats why I suggested leasing it out. I was thinking no less than 10 are would be enough to make some quick cash to invest in something else
@BKT, Price of land is so dependable on what/who is in the area...with dividing the land as spicy suggest, that would mean spending money first (measuring the land, notaris, etcet...) in the hope of making money by eventually finding a buyer of said land.
Although I can see Markit's point, that land CAN be cheap here, but again it's so dependable on what's going on the vicinty (my land in front my house, jumped from 12 per are to now 38 per are, land in panji anom jumped from 2 per are to now 12 per are).
Is the land btw padi, or dry land.. I am guessing dry, right?
An option to stop the stealing of crops, is to employ a local (preferable one who works the land next to your father in law's land)
don't read between the lines..i think the words are clear enough...:)
Yea the land is dry, theres a family living on the farm now which grow mango's, they were paid to look after the place until they started selling his fruit. Every time he went there there was always an excuse to why the trees were bare. He asked them to move out months ago but these guys have no where to go and the father in law feels sorry for them, he's soft like that.
I can totally relate to that kind of softness...I've learned to be 'sabar' overhere, and your father in law being indonesian has that already from the get go.
As long as he feels ok, and not feeling like they take advantage of his kindness...everything is ok right?
never the less, my kesabaran has it's limits and your father in laws probably has that too...but as to how to handle the people that have no where to go...Are they originally from that area?
You could suggest a meet between those people taking care of the farm, your father in law, and the kepala desa...people who do not have anything to their name, can ask for a piece of land of the village (Tanah Desa) this can then be used to put up a little house so they have a roof over their head...maybe they would be thankful for your father in laws assistance in getting something like that started...and in return they could still work the land, but at a 50-50 split...
Just thinking out loud...and 50 % of something is better then nothing right...
don't read between the lines..i think the words are clear enough...:)
True true, the people are from the area.
There was a piece of land just up the hill from this place that I was planning on buying last year. The father in law had plans to move the family who lived there to one of his other smaller pieces of land once I brought it. These guys had no where else to go either.
Seems to be common thing that happens in the village.