Many people think that buying land is something farmers and billionaires do. However, more regular people are discovering just how lucrative it can be. 

Yes, it’s not quite the same as purchasing a property. Once you have the quit claim deed, there isn’t a house that you can move into. 

However, land has all sorts of benefits that most people don’t consider. For many, it’s a shortcut to the life they want. 

Build The House You Want

For example, when you have land, you often have the freedom to build the house you want. You don’t have to make do with whatever’s been put in front of you. 

You can also control what happens on the land. For example, you could convert it into a campsite, use it for growing crops, or construct new buildings. 

Space For Self-Sufficiency

Buying land also provides you with space for self-sufficiency. If you get enough, you often have room for all the crops to feed you and your family. 

You could also create space for renewable energy. Setting up a wind farm or solar array could be an excellent way to generate power and electricity for your property and avoid relying on the grid. 

Less Maintenance

Of course, land just sits there and doesn’t depreciate. As such, there’s less maintenance and you don’t need to do a great deal to take care of it. Nobody can steal it (unless they come up with some clever scheme to change the deed), so it can be left for a long time. 

Granted, you could have squatters. But if the land is in the countryside and far from anywhere of value, that’s unlikely. And if the land is in a city, you can wall it off, pay for security, or get a developer to start working on it immediately to turn your investment into something profitable. 

A Healthier Lifestyle

Interestingly, owning land could also be a method for achieving a healthier lifestyle. Instead of being boxed into public rights of way and roads, when you have land you can explore it how you want and go where you please. You don’t have to ask permission from anyone since you own it. 

Getting lots of fresh air and doing gardening are additional perks that come with buying land. You naturally want to spend more time outdoors since you have so much additional space at your disposal. 

Greater Privacy

Another reason people buy land is that it offers greater privacy. Instead of living in a crowded neighborhood, land gives you space around your property, preventing people from looking over at you with their prying eyes and trying to see what you’re doing. 

It can also reduce the risk of disturbances. Even if your neighbor is partying, you can’t hear the sound. 

Passive Income Potential

Finally, land can provide passive income. For example, you could lease it for shows and events, taking a handsome payment every year, depending on who wants to use it. You could also rent it to farmers to graze their animals.