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Financial & Legal

land value

kindred spirits posted on 03/11/2009 at 11:18
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we are trying to buy a small strip of a neighbours' land to give our property a bit more privacy. The land (between Bergerac and Perigueux) is non-contructable, disused farmland and would be about 300 sq metres. Can anyone suggest what would be a fair price to offer? Thanks.
gosub replied on 03/11/2009 at 18:31
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I would guess at around €5 per square metre would be a fair sum, but you will have to pay for the geometre's fees to mark out the land and also about €1000 for notaires fees
Tigger replied on 03/11/2009 at 19:37
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Yes, but if your neighbours know that you want the land - it becomes priceless. In the U.K. we would call it a ransom strip, which is self-explanatory.

Good luck!
kindred spirits replied on 04/11/2009 at 10:12
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thanks for your replies. it gives us a starting point for negotiations.
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