When you have money in your hands, and you know that it is best to invest it in a safer place, you start weighing investment options. If you are employed or you have your own business, people could lure you to lots of places to throw your money into so it can grow. There are retirement funds, stock markets, and many others. However, have you considered that buying a farmland can increase your wealth tremendously?
In Cebu, we are blessed to have agricultural lands. There are so many things we can do with these bountiful lands we have. Moreover, these lands can be a wellspring of wealth.
Therefore, what are the top reasons why you should invest in farmlands?
1. You can grow crops and raise livestocks and sell them in commodity markets.
2. You can build residence and pass the land from one generation to the next.
3. You can have the land rented for farming operations.
4. Land’s value always appreciates.
5. It is less risky than stock market.
6. You can buy the farm lot at an affordable price.
7. It supports local business and the community.
1. You can grow crops and raise livestocks, and sell them in commodity markets.
As long as we live, we will need food to eat. Food is a basic necessity; without it, we may not be able to survive. That is why, growing vegetables or crops for people’s consumption is a wise business opportunity.
Most of us get foods from grocery stores or markets. If you grow crops in your own farm, you can sell these to these stores. Not only that, you have a list of direct buyers that may be interested with your crops, such as restaurants, food chains, or hotels.
Popular crops you can plant are rice, corn, and coconut with copra. In addition to have these plants eaten, they may also be a source for other valuable items, like having oil (Virgin Coconut Oil) and Soap (Papaya Soap).
Just like crops, poultry and livestock are food that people could eat. Pigs, goat, chickens, or cows are the common animals you can raise in your farm.
You may sell these animals. Or, you can profit from what they are able to produce, like milk from goats and cows, and eggs from chickens. Imagine how fresh milk costs. If you are able to obtain fresh milk from your own farm animals, and sell this milk, your income would certainly skyrocket.
2. You can build residence and pass the land from one generation to the next.
The lot is located in a rural place – close to nature and fresh air. Thus, it provides tranquility and is a great place to build your home in. This breaks you off from the noise and busyness of lives. The peace and calmness would be beneficial to your overall being.
Moreover, you can buy the farmland and make it an heirloom. It is a potential inheritance for children. It allows family of different periods and generations to actually occupy the space, and even work for it as well.
3. You can have the land rented for farming operations.
You may not be passionate about farming yourself, but others may be. There are farmers or businessmen who may be interested to farm but do not have their own lot. If you have this parcel, you can have this rented to them.
The rental fees from the farmland can give you sustainable income.
4. Land’s value always appreciates.
You can never go wrong with investing in real estate properties. This includes farmlands. It is because the value of the land only increases over time.
Thus, if you buy a land property now and plans to sell it in the future, it will surely multiply the money you have put in it.
5. It is less risky than stock market.
Investing in stocks is a popular investment tool. However, your money’s worth can go up and down, depending on the standing of the company your stock is in.
It is different with investing in farmlands. You do not have to worry about losing money or not gaining profit. Again, farmlands value increases with time.
6. You can buy the farm lot at an affordable price.
You do not need to have a five-digit salary nor be a millionaire to acquire a farmland. The best thing about this is you can buy farmland even in your modest income. Compared to lots in the urban areas, farmlands are really cheaper.
Farmlands are not costly, yet have the capacity for substantial income return. That is why it is one of the best investments there is out there.
7. It supports local business and the community.
Farming may be the only livelihood that the people in a community know how to do. Maintaining its purpose for agriculture, having the farmland be used by the local farmers could be a noble measure to help the struggling farmers.
Also, by continuing the farming ways of the people, you have encouraged them to continue a certain lifestyle. They could eat the foods from this farmland, and they do not have to work elsewhere so they could be close to home.
The Take-Away
Whether you are a newly employed young professional with little income or are working abroad with higher renumeration, you would want to invest in farmlands. Investing in farmlands yields greater return in the end as it produces food sources, appreciates in value, and helps our resident farmers.
