HOW TO MAKE MONEY OUT OF YOUR VACANT LAND.

Exploring business ideas for either rural or urban vacant land can help you invest and earn some cash. Do you want to make money fast? Your vacant land is the perfect way to do so. Here are some of the ways you can make money out of your vacant land:

Farming the land.

Vacant land can be suitable for farming various crops depending on the host factors like climatic conditions, soil type and demand for farming in the area. This can be one avenue worth exploring whether the land is currently being used to grow crops or if it could be potentially be developed for that purpose.

Warehouse building either for sale or for rent.

In areas where towns (urban areas) are developing very fast, people are looking for warehouses to store their goods for trade. This could be the best opportunity for commercial purposes without having immediate plans for development.

You can build temporary warehouses or allow investors to build, as you collect monthly rent for those getting warehousing facilities.

Renting out Land for Events and Festivals.

Renting out space for events is one of the best business ideas for a vacant land. Fortunately, you have to put little effort in order to achieve this. The organizers will do almost everything for you.

There are a whole bunch of events that can take place on your land. It could be sporting events such as football, basketball, hockey, wedding ceremony, music festivals just to mention but a few. This will in return be one of the greatest investment that will give you some good cash.

Leasing it for Agricultural purposes.

Following the right procedures for leasing property in Kenya, you could also opt for leasing off the land for agricultural purposes such as crop farming, poultry farming or even dairy farming. This will eventually be beneficial to you as the vacant land owner.

Most people buy land in Kenya for different purposes including commercial use, residential and speculative. Sometimes, funds for either commercial or residential development might not be available. Consequently, land could lie idle for some time. This should not be the case as land can be used for other income-generating activities before one gets enough money for development or the intended purposes.

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Call: +254 721-554-937

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