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One of the problems in the third world is that thugs backed by local politicians can illegally take over your land. Neighbors can start stealing your land meter
by raincom 4y ago
One of the problems in the third world is that thugs backed by local politicians can illegally take over your land. Neighbors can start stealing your land meter by meter every year. Even if your relative becomes a guardian of this land, don't expect anything good from such relatives. For instance, people get fake death certificates of the real owner in order to take over others' lands.
8000 tree coffee plantation could be 4 to 18 acres of land. Unless you visit Madagascar every 6 months, unless you have a trusty hand, better sell it. I don't know the prices in Madagascar, you can get at least $200K for it.
- qazwsxedchac 4y ago> One of the problems in the third world is that thugs backed by local politicians can illegally take over your land. That's not even limited to the third world. Source: Personal experience of owning farmland in a first world country, with a mining company operating nearby, while living elsewhere myself. The only mitigation is to get involved in local politics, and to play as dirty as the thugs do. Not something you can do from far away. tl;dr: I'd be biased towards selling, after getting a couple of independent opinions on value.
- tsingy 4y agoThat's not happening here, it's quite peaceful compared to other poor country, we don't have cartels. I live in Madagascar full time, I will probably go back to France some day because my fiancee is French but not in the next 3 years for sure. Now way it's not worth more that $25K, yes you red that right. It hasn't produced anything yet.
- raincom 4y agoSince you live in Madagascar, you can run the planation yourself with some helpers.