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Q: BUYING LAND IN BOLIVIA ( Answered 5 out of 5 stars,   1 Comment )
Category: Family and Home > Home
Asked by: paramount37-ga
List Price: $2.00
Posted: 18 Apr 2006 20:02 PDT
Expires: 18 May 2006 20:02 PDT
Question ID: 720419
i am volunteering in Bolivia in 2007 for 6 months at INTI WARA YASSI
animal refuge.  This is something i would like to commit my life to. 
How much would it cost to buy about 100-150 hectares of land in
Bolivia.  i am only interested in a estimate as to whether it is a
realistic goal eg. upto $20 000 AUS is fine.  I do not require an in
depth or exact answer to this question.
Answered By: denco-ga on 18 Apr 2006 22:00 PDT
Rated:5 out of 5 stars
Howdy paramount37-ga,

It will be tight, but if you shop around real hard, you might be able to make
it.  In order to get 100 hectares, you have budgeted AU$200 per hectare for a
100 hectares parcel or AU$130 per hectare for a 150 hectares parcel of land.

"Land In Bolivia"

"1,500 Hectares ... Asking Price: $79,000 USD"

This works out to AU$70 per hectare.

"Land in Bolivia"

"Cost of lot of 5 hectares is 1,500 USD"

This works out to AU$400 per hectare.

Based on the above, you should be able to be able to get 100 hectares of land
for around AU$140 to AU$200 a hectare, or AU$14,000 to AU$20,000 but again, it
will take some shopping around.

Keep in mind there will be other expenses, as outlined in "Protecting Forests
& Fauna In The Amazon By Private Ownership" By Edward N. Luttwak.

"Buyers will normally require a qualitative survey, maps and photos. Bolivian
law requires GPS measurement of the boundaries from agreed posts, a property
transfer tax,  legal work to assure and define title, and official registration
of title with the court in Trinidad.  Owners are legally required to fence
their property and pay an annual municipal land tax of US$0.50 per hectare."

You should read the above referenced page in detail for other expenses you
might face, but Mr. Luttwak provides contact information that you might want
to use as you seem to have similar goals.  Maybe he will have leads on land
that costs less, and he even invites "interested parties" to visit!

If you need any clarification, please feel free to ask.

Search strategy:

Google search on: Bolivia "land prices" hectare

Looking Forward, denco-ga - Google Answers Researcher
paramount37-ga rated this answer:5 out of 5 stars and gave an additional tip of: $2.00
Fantastic - less than 2 hours and my question was answered with
everything i requested and more (with the links).  Will keep you
posted if this question b/cms a reality and i need more information :)

From: denco-ga on 18 Apr 2006 22:31 PDT
My pleasure, paramount37-ga, and much thanks for the kind comment, 5 star
rating and nice tip.  I look forward to the continuing quest.

Looking Forward, denco-ga - Google Answers Researcher

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