LAND PRICE IN TREASURE BEACH

Treasure Beach Forum: TB Runnin's: LAND PRICE IN TREASURE BEACH
Top of pagePrevious messageNext messageBottom of page Link to this message  By england resident on Thursday, July 01, 2010 - 12:37 pm: Edit Post

Could someone shed some light on what the price is for say a 1/4 acre of land about 1/2 mile from the ocean but,overlooking the ocean.
I know there is a difference in price depending on location.
BEAUTIFUL VIEW.Heard Lots are going to be up for sale soon.


Top of pagePrevious messageNext messageBottom of page Link to this message  By mnken on Thursday, July 01, 2010 - 01:07 pm: Edit Post

APprox. $70,000 US


Top of pagePrevious messageNext messageBottom of page Link to this message  By NAL on Thursday, July 01, 2010 - 06:17 pm: Edit Post

I would guess that that $70K per 1/4 acre is as much as or more than many parcels go for in the states, even with an ocean view from a half mile away. At $70K for a quarter acre, times four for an acre, would be $280K (US) for an acre. Getting up there!


Top of pagePrevious messageNext messageBottom of page Link to this message  By another Brit on Friday, July 02, 2010 - 05:10 am: Edit Post

mnkn - what about a larger lot say 1 acre directly on the ocean. Maybe a range for something of that sort.


Top of pagePrevious messageNext messageBottom of page Link to this message  By MJ on Friday, July 02, 2010 - 09:48 am: Edit Post

GUYS,I JUST SOLD ONE ACRE OF BEACH FRONT LAND FOR $150 K
(US). IT'S RIGHT ON THE BEACH.


Top of pagePrevious messageNext messageBottom of page Link to this message  By Source on Friday, July 02, 2010 - 08:49 am: Edit Post

You might want to consider the source when people give these estimates.


Top of pagePrevious messageNext messageBottom of page Link to this message  By glenn on Friday, July 02, 2010 - 11:53 am: Edit Post

And do tell 'Source'...
What is it that should be considered?
Do tell your estimate..


Top of pagePrevious messageNext messageBottom of page Link to this message  By gr robbins on Friday, July 02, 2010 - 11:54 am: Edit Post

The source may know more than you think


Top of pagePrevious messageNext messageBottom of page Link to this message  By Maybe for sale soon on Friday, July 02, 2010 - 01:55 pm: Edit Post

Could someone shed some light on what the price Would be for one acre of land, less than 1/4 mile form the police station on the Black river road It have plent fruit trees on it and at the road side,THANKS FOR ALL REPLY.


Top of pagePrevious messageNext messageBottom of page Link to this message  By england resident on Friday, July 02, 2010 - 01:36 pm: Edit Post

MJ....Where was your land...in the US or Ja?


Top of pagePrevious messageNext messageBottom of page Link to this message  By Too high on Friday, July 02, 2010 - 03:45 pm: Edit Post

These prices sound insane to me.


Top of pagePrevious messageNext messageBottom of page Link to this message  By mnklen on Friday, July 02, 2010 - 12:10 pm: Edit Post

Generally speaking it depends on if you are talking about an isolated 1/4 to 1/2 acre lot, or if you are talking about many lots in an approved subdivision, and what utilities are available for the property. And also generally speaking, the larger the lot, the less per square foot. An acre of land generally costs less per square foot that a 1/4 acre lot.


Top of pagePrevious messageNext messageBottom of page Link to this message  By Brandy on Saturday, July 03, 2010 - 09:35 am: Edit Post

A friend has 3/4 acre about a 15 minute walk from Frenchman Beach. Mountain view. It is near water and electric hook ups. Not sure what the asking price is, maybe around $50,000.
Contact me and I'll give you the contact email address.


Top of pagePrevious messageNext messageBottom of page Link to this message  By Florida on Friday, July 02, 2010 - 09:51 pm: Edit Post

this is just robbery those property in tb doesn't worth that much don't forget we are talking about Jamaica not the US


Top of pagePrevious messageNext messageBottom of page Link to this message  By turey on Saturday, July 03, 2010 - 04:56 pm: Edit Post

Maybe the real values are revealing themselves Florida. It is the buyer and seller that determine the price. As long as both are happy after the transaction, there is no robbery. Land prices are not limited by law as far as I know, only the market.

Remember, location X 3. Would I trade my peice of dry and silent in sweet Jamaica for a similar one a farrin?

No way!


Top of pagePrevious messageNext messageBottom of page Link to this message  By sentry on Saturday, July 03, 2010 - 06:13 pm: Edit Post

Not really Florida. If someone is willing to shell out the dead presidents, it's all legal.


Top of pagePrevious messageNext messageBottom of page Link to this message  By DOC on Saturday, July 03, 2010 - 01:58 pm: Edit Post

I find it funny when I hear the price of land in TB. There is practically no services in TB in terms of hospital, high school, stores for shopping ect. Everything that is needed for a comfortable lifestyle has to be source from outside the community, so basically all that is been sold is a piece of dirt. No amenities, it is a joke.


Top of pagePrevious messageNext messageBottom of page Link to this message  By Brandy on Saturday, July 03, 2010 - 03:12 pm: Edit Post

Property is worth what someone is willing to pay. You may call it robbery, so go ahead and name your price for your own land. This is called "real estate."


Top of pagePrevious messageNext messageBottom of page Link to this message  By Florida Too on Sunday, July 04, 2010 - 01:01 pm: Edit Post

The price of many things in Jamaica is more costly than in the US why not land.

To Florida, do you think a quarter acre of land on Miami Beach is worth more than a quarter acre in Treasure Beach and why?


Top of pagePrevious messageNext messageBottom of page Link to this message  By mnken on Saturday, July 03, 2010 - 05:00 pm: Edit Post

Why does everyone get so upset with land prices? Land is worth what someone is willing to pay.
No, it is not robbery because if someone is willing to pay a certain amount of money, hands it to the seller, where is the crime of robbery?
No, I do not forget we are talking aboout Jamaica. I think a lot in Miami would be LOTS more! And if I had a choice of 2 identical hypothetical lots,one in Miami, LA, Houston, Green Bay, whatever...and the other in tB, I'll take the one in TB anyday


Top of pagePrevious messageNext messageBottom of page Link to this message  By wondering??? on Sunday, July 04, 2010 - 11:42 am: Edit Post

Lol.......What these prices can not be stated in the form of JAMAICAN dollars? Yes I can do the convertion but what does it looks any less in US?


Top of pagePrevious messageNext messageBottom of page Link to this message  By interested on Saturday, July 03, 2010 - 12:33 pm: Edit Post

Is it true there will be Lots in Pedro Ground for sale soon.
For those who do not know where this is ,it is after you pass Cyril Hill's house going up the hill.

If this is true I would like to now what the price of a 1/4 acre lot will be.


Top of pagePrevious messageNext messageBottom of page Link to this message  By Nigel S on Sunday, July 04, 2010 - 06:33 pm: Edit Post

This is a long one so hold on Folks

Why is it Robbery. No its not when two parties agree on a price, OK. Reading Macleans Magazine a very respected publication here in Canada while doing my laundry at a laundry mat across from a gas station in a plaza with many amenities and a hospital a stones throw away and very good sewage system, a good recycling program with garbage pick up every Friday and grocery stores in any direction with just about anything you will want and well not much to truly want for aside from a more honest Government that actually cares about people but don't we all on this planet. So the magazine said that Canada will be selecting more Immigrants from Asia and India because they are more likely to fit whats going on with the current demand for more educated people to fit the demand for technology positions and they have an abundance of these people. Immigrants from the Caribbeans and Latin America who were once at the top of the list as laborers when Canada especially in Ontario were more manufacturing based. It will take any Jamaican a lot longer to Immigrate if you even get the chance because that gap will widen year by year and that will be happening in all the other more prosperous countries that were built on slavery and Immigrants and the Robbery of land. So whats my point, well if you can read between the lines you will get it but if you cant i Will explain. If residents of Jamaica can't get out to hopefully make a better life for them self, where will they live if they cant afford to buy land much less build on it and not to come off as predigest or disrespectful these prices come across as more what someone from a higher currency based country can afford thus why it seems like ROBBERY. Price equals Location and amenities and when you don't get Electricity for whatever time out of the month and no running water for whatever day's out of the month "Well" is that worth $50 or $70. 000 US. I remember no running water and no electricity and no TV's in TB and that was in the 70's. I was home 2 years or so ago for three weeks and out of that time no water in the pipes for 4 days and no electricity for I think it was 3 days and we are approaching the year 2011 and just basic amenities can not be met and that's the tip of whats supposed to be worth that kind of money. Well its your land and your future and your money and please don't forget that we are all in this life together and we are all connected. I know its hard to wrap the mind around that but its true. Would you hand your land to your children when you could possibly get that amount of money which in reality doesn't last long and for those nearing retirement age and are most likely the ones selling land and not returning to JA that have land handed down from Parents passed on or relatives, they could have sold and had life a little better and where would you be.
LANDLESS AND ROOTLESS 1 LOVE TB


Top of pagePrevious messageNext messageBottom of page Link to this message  By glenn on Monday, July 05, 2010 - 05:21 pm: Edit Post

Wow. That was long.


Top of pagePrevious messageNext messageBottom of page Link to this message  By home girl on Monday, July 05, 2010 - 04:41 pm: Edit Post

Nigel,
I kind of got your point some what.Next time please try to make it short and spicy.
I do agree sell for what you think your land is worth and sell to the one that will pay the most.
I'm going to say this once and for all.If I should ever need to sell and find a buyer willing to pay my asking price my land is as the saying goes.... "See you later Alligator"


Top of pagePrevious messageNext messageBottom of page Link to this message  By Nigel S on Tuesday, July 06, 2010 - 02:42 am: Edit Post

Sorry for the long winded comment got carried away, will make it short and spicy but not to spicy as I do not want to offend just perspective and if its yours its your choice should you ever have to.
As the saying goes "You do what you have to do".
Hope this isn't to forward Home Girl, where is your land. Is there a good view of Frenchman?
Best wishes


Top of pagePrevious messageNext messageBottom of page Link to this message  By wssky on Tuesday, July 06, 2010 - 08:18 pm: Edit Post

If YOU GOT IT, it is yours to value


Top of pagePrevious messageNext messageBottom of page Link to this message  By Mattmaro22 on Wednesday, July 07, 2010 - 07:28 pm: Edit Post

Value is derived from working backwards from income. I am a commercial real estate broker, landlord and investor that got started 30 years ago.
I own a lot in Old Wharf close to one half acre, approximately 90 yards to the sea. Since I have owned my land for several years, I got a pretty fair deal for it and am glad to own. Good land site close to the sea are hard to come by.


Top of pagePrevious messageNext messageBottom of page Link to this message  By mnken on Thursday, July 08, 2010 - 02:06 pm: Edit Post

To clarify what Mattmaro22 said, his comment is true...if it is income property. Such as a hotel. This is not the same as a lot for sale for building a house


Top of pagePrevious messageNext messageBottom of page Link to this message  By MJ on Thursday, July 08, 2010 - 11:44 am: Edit Post

England resident,
The land that was sold is located in Fort Charles.
[edited by TB.Net]I am a landowner in TB. I'm lucky that my father did NOT sell all of that beachfront land that he left me. I live in the U.S and no matter how rich I become, I'll never invest in the U.S market. Look at what is happening now to most of you who invested your money in the U.S market... it's not much of an American dream now!

Mi love mi Treasure Beach!


Top of pagePrevious messageNext messageBottom of page Link to this message  By Mattmaro22 on Friday, July 09, 2010 - 07:44 am: Edit Post

An owner/ user has a different formula for real estate purchase than an investor. mnken's comments about real estate investment as opposed to personal consumption are true.
However, I believe most people fall into a similar category and desire a blend of ownership that includes personal use and short term rental in order to offset cost.
My strategy in owning Treasure Beach property is exactly that. I plan to build my house in Old Wharf as I can afford it and not incur any long term debt. Every stick and nail will be free and clear.