Buying small parcel of land

FuzzyFrog

I'm looking to buy at least an acre in the Dublin/Wicklow area, for the purpose of growing vegetables or planting trees, but have no experience in what kind of extra costs might be incurred once I own the land. For example owning a house has a yearly tax associated with it, what kind of taxes are there on land ownership?

brian_t

FuzzyFrog wrote: »

I'm looking to buy at least an acre in the Dublin/Wicklow area, for the purpose of growing vegetables or planting trees, but have no experience in what kind of extra costs might be incurred once I own the land. For example owning a house has a yearly tax associated with it, what kind of taxes are there on land ownership?

Currently there is no tax on land ownership.

You would have maintenance costs - see this thread http://www.boards.ie/vbulletin/showthread.php?t=2056772397 Querie on Land Ownership

If growing vegetables you might also need 24h security when ready for picking unless you intend to live there too.

FuzzyFrog

Ah didn't see that post, thanks for that. Having read that, what kind of things do you have to look out for when buying land? For a house you get someone in make sure all is structurally ok with the building. What do you do when buying land?

bbam

FuzzyFrog wrote: »

Ah didn't see that post, thanks for that. Having read that, what kind of things do you have to look out for when buying land? For a house you get someone in make sure all is structurally ok with the building. What do you do when buying land?

If your thinking of growing veg you'll be looking for a deep rich soil, permanent water supply, southerly facing aspect, I wouldn't want to see much weeds as there would be a seed bank in the soil that you'll be fighting for ever.

Then think of the boundary is it secure or does it need fencing, road access is important too.

Problem is the commercial viability of the project...if you buy an acre to grow veg commercially it isnt big enough by a long shot. If its for personal consumption then its an extremly expensive way, an allotment would be much better.. If its an investment... be careful!

enricoh

u might be better off doing a 5 year lease with a farmer on an acre or 2 and see how it goes first. get the ploughing n tilling as part of the deal and it'll save u buying machinery or getting guys in. might even get free dung!
i see allotments going beside me for 300 yoyo for 40' by 60' - rediculous, but plenty pay it. half of them pack it in after a year when they realise the work involved that hugh fearnley whitenstal never told them about! a decent farmer might do it for 500 a year for 2 acres. ask n put up sign in the local mart n agri store

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