i want to create a fund to buy agricultural land in Romania

spy100

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Quote from: Furio on August 06, 2015, 02:18:23 AM

My dream is a farm with an acre of fertile land, in order to feed my family

Romania is an option I think

if you have stable income like a pension from your local gov ,at least 1500 euros/month ,you will do well in Romania

Furio

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My dream is a farm with an acre of fertile land, in order to feed my family

Romania is an option I think

spy100

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Activity: 658

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Quote from: VeeMiner on August 05, 2015, 11:47:05 AM

Quote from: spy100 on August 04, 2015, 08:24:38 AM

Quote from: gogxmagog on August 04, 2015, 12:47:26 AM

OK
i got a good buddy in Czech republic
Czechoslovakia
near you there in Romania
would you be willing to do a meet up f2f with my bro in czekland?

im sorry if my naming is a little weird i am an anglophone only

but i would be happy to arrange for my nearby friend to come and actually look at this thing you are proposing.

just to make sure in the off chance you aren't 100% scam artist that you also aren't inept/hare-brained/totally out of your mind/on crack

ill talk to my buddy in Prague

you get your ducks in a row and let me know when and where a good time for you guys to meet up. I'm sure he'd like to go visit yr prospective farmland.

OK?

lol are you ok my friend ? it's just an idea ,read before you write ...

Czech is pretty far from Romania, I must know since I'm also Czech

lol that guy was weird ...

VeeMiner

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Quote from: spy100 on August 04, 2015, 08:24:38 AM

Quote from: gogxmagog on August 04, 2015, 12:47:26 AM

OK
i got a good buddy in Czech republic
Czechoslovakia
near you there in Romania
would you be willing to do a meet up f2f with my bro in czekland?

im sorry if my naming is a little weird i am an anglophone only

but i would be happy to arrange for my nearby friend to come and actually look at this thing you are proposing.

just to make sure in the off chance you aren't 100% scam artist that you also aren't inept/hare-brained/totally out of your mind/on crack

ill talk to my buddy in Prague

you get your ducks in a row and let me know when and where a good time for you guys to meet up. I'm sure he'd like to go visit yr prospective farmland.

OK?

lol are you ok my friend ? it's just an idea ,read before you write ...

Czech is pretty far from Romania, I must know since I'm also Czech

spy100

sr. member

Activity: 658

Merit: 257

Quote from: gogxmagog on August 04, 2015, 12:47:26 AM

OK
i got a good buddy in Czech republic
Czechoslovakia
near you there in Romania
would you be willing to do a meet up f2f with my bro in czekland?

im sorry if my naming is a little weird i am an anglophone only

but i would be happy to arrange for my nearby friend to come and actually look at this thing you are proposing.

just to make sure in the off chance you aren't 100% scam artist that you also aren't inept/hare-brained/totally out of your mind/on crack

ill talk to my buddy in Prague

you get your ducks in a row and let me know when and where a good time for you guys to meet up. I'm sure he'd like to go visit yr prospective farmland.

OK?

lol are you ok my friend ? it's just an idea ,read before you write ...

gogxmagog

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Activity: 1456

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Ad maiora!

OK
i got a good buddy in Czech republic
Czechoslovakia
near you there in Romania
would you be willing to do a meet up f2f with my bro in czekland?

im sorry if my naming is a little weird i am an anglophone only

but i would be happy to arrange for my nearby friend to come and actually look at this thing you are proposing.

just to make sure in the off chance you aren't 100% scam artist that you also aren't inept/hare-brained/totally out of your mind/on crack

ill talk to my buddy in Prague

you get your ducks in a row and let me know when and where a good time for you guys to meet up. I'm sure he'd like to go visit yr prospective farmland.

OK?

spy100

sr. member

Activity: 658

Merit: 257

Quote from: Branny on August 03, 2015, 01:22:36 AM

So what are you providing to investors to assure them that locals are regularly buying property for half of the rate of everyone else?

I'm not saying it can't be done (With RS, we've nearly doubled the asset pool from initial investment) but it wasn't done through finding magic deals, it was done through doing something the market would not (Taking properties in bad shape and rehabbing them).

So, what you're saying is that because you're local, you'll have a large pool of property to buy from. Even from people who are more than happy to get half of what their property is worth because they'd rather sell it to a local person than a non-local. With a substantial parcel of land, we're talking hundreds of thousands of euros in loss to the seller. Maybe there's a bunch of dumb people in Romania, but I kind of doubt the market is that way.

We have a law here that give locals the right to buy first before foreigners it's called something like "pre-emption right " ,stupid patriotic law or something like that ...

The right to buy is something like this: relatives first > neighbors second > locals third >government fourth place or first place if land is used for national security stuff > and last ones are the foreigners ...

If seller agrees with me a 1000 euro price and you as foreign person/corporation offer him 2500 euros for that land ,i have the right to buy it before you at the 1000 euro price.

You can see more info : here http://ec.europa.eu/agriculture/statistics/factsheets/pdf/ro_en.pdf
and this is that law : http://lege5.ro/Gratuit/gm4tenjygy/legea-nr-17-2014-privind-unele-masuri-de-reglementare-a-vanzarii-cumpararii-terenurilor-agricole-situate-in-extravilan-si-de-modificare-a-legii-nr-268-2001-privind-privatizarea-societatilor-comerciale

Branny

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Quote from: spy100 on August 01, 2015, 09:55:27 AM

Quote from: Branny on July 31, 2015, 03:44:51 PM

Quote from: spy100 on July 29, 2015, 08:21:19 AM

Quote from: Parazonium on July 28, 2015, 04:57:44 PM

Quote from: spy100 on July 21, 2015, 01:52:06 PM

Prices now in Romania for agricultural land is around 1000 euros / hectare (ha ) that's around 10000 square meters or around 2.47105381 acres

The last price per ha I read about was ~2000€ for uncultivated wasteland and $6,461 for farmland(2012). Has the price halved in <1 year?

And there are already big players like Glencore plc operating in the country, that most probably got the best spots, so cherry picking the remaining farmland could provide quite tricky, but nevertheless farmland in Romania seems to be a good idea for an alternative investment.

That is foreigner price ,i can get it/or local can for 1000€...

Where are the listings for 1000 euros/ha?

there are no listings you have to find them and talk with sellers

So what are you providing to investors to assure them that locals are regularly buying property for half of the rate of everyone else?

I'm not saying it can't be done (With RS, we've nearly doubled the asset pool from initial investment) but it wasn't done through finding magic deals, it was done through doing something the market would not (Taking properties in bad shape and rehabbing them).

So, what you're saying is that because you're local, you'll have a large pool of property to buy from. Even from people who are more than happy to get half of what their property is worth because they'd rather sell it to a local person than a non-local. With a substantial parcel of land, we're talking hundreds of thousands of euros in loss to the seller. Maybe there's a bunch of dumb people in Romania, but I kind of doubt the market is that way.

spy100

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Activity: 658

Merit: 257

Quote from: Branny on July 31, 2015, 03:44:51 PM

Quote from: spy100 on July 29, 2015, 08:21:19 AM

Quote from: Parazonium on July 28, 2015, 04:57:44 PM

Quote from: spy100 on July 21, 2015, 01:52:06 PM

Prices now in Romania for agricultural land is around 1000 euros / hectare (ha ) that's around 10000 square meters or around 2.47105381 acres

The last price per ha I read about was ~2000€ for uncultivated wasteland and $6,461 for farmland(2012). Has the price halved in <1 year?

And there are already big players like Glencore plc operating in the country, that most probably got the best spots, so cherry picking the remaining farmland could provide quite tricky, but nevertheless farmland in Romania seems to be a good idea for an alternative investment.

That is foreigner price ,i can get it/or local can for 1000€...

Where are the listings for 1000 euros/ha?

there are no listings you have to find them and talk with sellers

Branny

sr. member

Activity: 406

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Quote from: spy100 on July 29, 2015, 08:21:19 AM

Quote from: Parazonium on July 28, 2015, 04:57:44 PM

Quote from: spy100 on July 21, 2015, 01:52:06 PM

Prices now in Romania for agricultural land is around 1000 euros / hectare (ha ) that's around 10000 square meters or around 2.47105381 acres

The last price per ha I read about was ~2000€ for uncultivated wasteland and $6,461 for farmland(2012). Has the price halved in <1 year?

And there are already big players like Glencore plc operating in the country, that most probably got the best spots, so cherry picking the remaining farmland could provide quite tricky, but nevertheless farmland in Romania seems to be a good idea for an alternative investment.

That is foreigner price ,i can get it/or local can for 1000€...

Where are the listings for 1000 euros/ha?

spy100

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Activity: 658

Merit: 257

Quote from: Parazonium on July 28, 2015, 04:57:44 PM

Quote from: spy100 on July 21, 2015, 01:52:06 PM

Prices now in Romania for agricultural land is around 1000 euros / hectare (ha ) that's around 10000 square meters or around 2.47105381 acres

The last price per ha I read about was ~2000€ for uncultivated wasteland and $6,461 for farmland(2012). Has the price halved in <1 year?

And there are already big players like Glencore plc operating in the country, that most probably got the best spots, so cherry picking the remaining farmland could provide quite tricky, but nevertheless farmland in Romania seems to be a good idea for an alternative investment.

That is foreigner price ,i can get it/or local can for 1000€...

Parazonium

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Well, I think there is an investment case in romanian farmland, but the market is already quite mature and competitive.

examplens

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within 3 years maybe bitcoin go for 1000eur. maybe more. we all know that this is possible.
whether the country in Romania has such promise?

Parazonium

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Quote from: spy100 on July 21, 2015, 01:52:06 PM

Prices now in Romania for agricultural land is around 1000 euros / hectare (ha ) that's around 10000 square meters or around 2.47105381 acres

The last price per ha I read about was ~2000€ for uncultivated wasteland and $6,461 for farmland(2012). Has the price halved in <1 year?

And there are already big players like Glencore plc operating in the country, that most probably got the best spots, so cherry picking the remaining farmland could provide quite tricky, but nevertheless farmland in Romania seems to be a good idea for an alternative investment.

spy100

sr. member

Activity: 658

Merit: 257

Quote from: Justin00 on July 24, 2015, 03:14:14 PM

Got a google maps ref or any idea where this land will be bought ?
Why not rent out the land and pay your 'investors' monthly ? Like someone else said, 3 years is a long time to wait for a return.

Kind of seems like this should be in the gambling section.... your hoping the land value increases so yours 'investors' get paid in 3 years..

how much of your own money are you putting in ?

No offence but $1k euro is not much money..... Are you over 18? Any reason why you can't just buy the land yourself ?
Bank loan etc etc...... ? Seems a litt ale strange if you don't have $1k of your own money..... Any prior experience with this kind of thing ? Anyone could buy land... but knowing where to buy is kind of the key..

If your investors put in 100% and land value goes up say 100%, so you have $2k... how much are you going to take out for your admin fee's?

err best of luck

and my apologies if I have misread something...

Why not rent out the land and pay your 'investors' monthly ?
Because land is a illiquid asset and you have to wait ,crops here are harvested once a year ,and if it is profitable we can add value to fund /pay management fees etc ...

No offence but $1k euro is not much money..... Are you over 18? Any reason why you can't just buy the land yourself ?

I don't want to by 1ha of land ,that not to much land it's just an example,yes i am over 18,i am think that fund could buy hundreds/thousands of hectars land and that is not cheap for one person to do it that is why a fund is more profitable then doing it solo ,also if you have 100ha of land you get payed more then if you sell 1ha .This is were the profit is .

If your investors put in 100% and land value goes up say 100%, so you have $2k... how much are you going to take out for your admin fee's?
I can't say because it is just and idea for now ...

n2004al

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I'm reading with curiosity this thread. Investing in land must be profitable. But to put money in this project needed more warranties. In which way my money will be secured? In which way I can be secure that the person who will be in charge to manage those don't take the money and disappear? Then it is secure that someone will take the land to work with it. The land can be bought and then no one can work with it. Maybe it will be better to find the people which will take it before buy that.

g1974ak

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Quote from: spy100 on July 24, 2015, 08:38:43 AM

Quote from: g1974ak on July 24, 2015, 07:41:32 AM

Quote from: spy100 on July 21, 2015, 01:52:06 PM

Hi All

I was thinking of starting a fund to buy agricultural land in Romania

Prices now in Romania for agricultural land is around 1000 euros / hectare (ha ) that's around 10000 square meters or around 2.47105381 acres

That is cheap compared to other european countries and i predict that the price will double or triple in 2-3 years .

Until we sell the land we can also rent it to other people to farm it .

I was thinking of making some sort of fund where anyone can join and we hire a manager to manage it for us ...

Anyone could join the fund with minimum investment of 1 btc or 250 usd or 250 euros etc.. ,and he/she is allowed to withdraw in 3 years after deposit ,else he pays withdraw fee.

Also anyone that joins the fund has a right to vote for manager selection ,land purchasing and selling etc..

For now it's just an idea,what do you guys think ?

The idea must work but for having money or bitcoin from the others needed much more. You think that you will have money only posting the above post here? You will believe someone that do this kind of post 1 or 2 bitcoin without any warranty? You will believe to someone which post a post like this your money without a business plan about what must will be made with this land? What will be planted? Where will be sold? What can be the profit? How much profit must be expected for the money invested? And other to many things?

Me not... Think and act my friend...

I am not saying that i am going to let exactly anyone to join the fund just asking your opinion guys on the idea ... maximum 100-500 people ,else the fund will be hard to manage and will cost a lot in fees ...manager,accountant,secretary,sales etc...

If the fund rent's the land why should the fund care what client plants on it ...?

I am thinking of making the fund in another country as in Romania we have high corporate taxes ...maybe UK,Ireland or Bulgaria

For now it's just an idea ...

You don't want to leave anyone to join in the fund and you need 100-500 people to join? You want to make the fund outside then country you live? Don't you think that you are to futuristic? Don't you think that you are dreaming? Not to do the damper but I think that you must turn with your feet in the ground... Sorry mate but will never give a dime for this "project".

Justin00

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Got a google maps ref or any idea where this land will be bought ?
Why not rent out the land and pay your 'investors' monthly ? Like someone else said, 3 years is a long time to wait for a return.

Kind of seems like this should be in the gambling section.... your hoping the land value increases so yours 'investors' get paid in 3 years..

how much of your own money are you putting in ?

No offence but $1k euro is not much money..... Are you over 18? Any reason why you can't just buy the land yourself ?
Bank loan etc etc...... ? Seems a litt ale strange if you don't have $1k of your own money..... Any prior experience with this kind of thing ? Anyone could buy land... but knowing where to buy is kind of the key..

If your investors put in 100% and land value goes up say 100%, so you have $2k... how much are you going to take out for your admin fee's?

err best of luck

and my apologies if I have misread something...

spy100

sr. member

Activity: 658

Merit: 257

Quote from: g1974ak on July 24, 2015, 07:41:32 AM

Quote from: spy100 on July 21, 2015, 01:52:06 PM

Hi All

I was thinking of starting a fund to buy agricultural land in Romania

Prices now in Romania for agricultural land is around 1000 euros / hectare (ha ) that's around 10000 square meters or around 2.47105381 acres

That is cheap compared to other european countries and i predict that the price will double or triple in 2-3 years .

Until we sell the land we can also rent it to other people to farm it .

I was thinking of making some sort of fund where anyone can join and we hire a manager to manage it for us ...

Anyone could join the fund with minimum investment of 1 btc or 250 usd or 250 euros etc.. ,and he/she is allowed to withdraw in 3 years after deposit ,else he pays withdraw fee.

Also anyone that joins the fund has a right to vote for manager selection ,land purchasing and selling etc..

For now it's just an idea,what do you guys think ?

The idea must work but for having money or bitcoin from the others needed much more. You think that you will have money only posting the above post here? You will believe someone that do this kind of post 1 or 2 bitcoin without any warranty? You will believe to someone which post a post like this your money without a business plan about what must will be made with this land? What will be planted? Where will be sold? What can be the profit? How much profit must be expected for the money invested? And other to many things?

Me not... Think and act my friend...

I am not saying that i am going to let exactly anyone to join the fund just asking your opinion guys on the idea ... maximum 100-500 people ,else the fund will be hard to manage and will cost a lot in fees ...manager,accountant,secretary,sales etc...

If the fund rent's the land why should the fund care what client plants on it ...?

I am thinking of making the fund in another country as in Romania we have high corporate taxes ...maybe UK,Ireland or Bulgaria

For now it's just an idea ...

g1974ak

newbie

Activity: 14

Merit: 0

Quote from: spy100 on July 21, 2015, 01:52:06 PM

Hi All

I was thinking of starting a fund to buy agricultural land in Romania

Prices now in Romania for agricultural land is around 1000 euros / hectare (ha ) that's around 10000 square meters or around 2.47105381 acres

That is cheap compared to other european countries and i predict that the price will double or triple in 2-3 years .

Until we sell the land we can also rent it to other people to farm it .

I was thinking of making some sort of fund where anyone can join and we hire a manager to manage it for us ...

Anyone could join the fund with minimum investment of 1 btc or 250 usd or 250 euros etc.. ,and he/she is allowed to withdraw in 3 years after deposit ,else he pays withdraw fee.

Also anyone that joins the fund has a right to vote for manager selection ,land purchasing and selling etc..

For now it's just an idea,what do you guys think ?

The idea must work but for having money or bitcoin from the others needed much more. You think that you will have money only posting the above post here? You will believe someone that do this kind of post 1 or 2 bitcoin without any warranty? You will believe to someone which post a post like this your money without a business plan about what must will be made with this land? What will be planted? Where will be sold? What can be the profit? How much profit must be expected for the money invested? And other to many things?

Me not... Think and act my friend...

Topic: i want to create a fund to buy agricultural land in Romania (Read 2898 times)