Foreign Purchase of Land in the USA

Foreign Purchase of Land in the USA

Small tracts of land, often called mini-ranches, in rural areas of the USA are very attractive to foreign buyers. The Europeans and South Americans both like the Southern Appalachian mountains for several reasons. They are attractive to Europeans because it is very hard to find properties of 2 to 10 acres (1-4 hectares) at a reasonable price in Europe. South Americans like the properties because they can be left unattended when they are not being used, unlike South American properties.

Nice tracts of land can be had for between $40,000 and $100,000. This is comparable to the cost of a city lot in the USA and in much of the world is a great deal less expensive than a city lot. Another attraction of these lots is there accessibility. In many areas of the world a remote property means it will have to be accessed by 4-wheel-drive vehicles or in some cases by mule or horse. Here most of the properties can be driven to in a low-slung sports car.

Because of the great attractiveness of these properties, I am working up a list of available tracts to which I can refer my friends. As this list becomes available I will be happy to share it with those who request it.


David Segrest is a REALTOR in Charlotte, NC

David S. Segrest, CIPS, CCIM, TRC, CEA
david@segrestrealty.com
http://www.segrestrealty.com
Serving the world in the Carolinas, Serving the Carolinas in the World