Price Check: Basic, empty, barren Land Area

[germ]

I've been curious lately about land area ownership and just looking for data, as I've gotten wildly different responses in the few cases I've gotten any answers at all.

I am not interested in discussing what it costs to have DNA, fertilizer, any terminals or teleport, I understand those costs and they are irrelevant to my interests anyway.

I'm only interested in what it would cost to purchase the land. And see if anyone is sitting on something they've decided not to pursue. I have no idea if land is a 4, 5, 6, or even 7 digit number in PEDs lol

I'm not looking for something established, I'm not looking for an investment vehicle, or expecting any return or to drive players to the area.

 

[castanhas]

would shoot 60-100k, empty small LA...but again, location, ressources,mobs, tps, all that matter

 

[In Love With]

I sold my two empty LA (OLA 51 and 57) for 180k Peds over 10x years ago ... I used to make about 70 Ped/day on average on each LA which left me with a nice ROI back then. I have no idea what LA's being traded these days, but there is some old data for you

 

[germ]

would shoot 60-100k, empty small LA...but again, location, ressources,mobs, tps, all that matter

Thanks. Somewhat in line with some of the answers I've gotten. Yes, mobs, TP, location matter. I don't need a TP, I specifically don't want mobs around, I think I'm seriously chasing what might be considered trash land.

I sold my two empty LA (OLA 51 and 57) for 180k Peds over 10x years ago ... I used to make about 70 Ped/day on average on each LA which left me with a nice ROI back then. I have no idea what LA's being traded these days, but there is some old data for you

Each, or as a package? 90k each at least fits with above.

 

[Angela Draniie Cloud]

Thanks. Somewhat in line with some of the answers I've gotten. Yes, mobs, TP, location matter. I don't need a TP, I specifically don't want mobs around, I think I'm seriously chasing what might be considered trash land.

If it makes you feel better, All LA's are trash LA's except a couple. Basically every mob can be found with good mu outside those LA's AND just as good density. Anyone who hunts on LA's besides competitions is silly.

BUT I can't stress enough how important constant communication and events on a Land Area is. There's a reason the top 2 were the top 2. They made the most effort. You gotta force people to WANT to hunt on your LA when there isn't events also, basically getting their loyalty to you. Think buying from a specific brand because they've been "good to you"

 

[germ]

If it makes you feel better, All LA's are trash LA's except a couple. Basically every mob can be found with good mu outside those LA's AND just as good density. Anyone who hunts on LA's besides competitions is silly.

I'm silly. I want a private place to play hide and seek with my friends. Or have kinky dance parties.

 

[Angela Draniie Cloud]

I'm silly. I want a private place to play hide and seek with my friends. Or have kinky dance parties.

Buy an apartment/house. 50x cheaper.

Do you really want to drop 5-20k in a more or less dying game just to do dumb shit? Could do that in so many other better looking, more customizable sandbox games.

 

[germ]

Buy an apartment/house. 50x cheaper.

Do you really want to drop 5-20k in a more or less dying game just to do dumb shit? Could do that in so many other better looking, more customizable sandbox games.

That was the whole point, I want to know what the cost is. Can't get any single two answers that are even close. Could I buy land for 5K PEDs? I've heard yes.

I've also heard 200k PED min. How can I know what I'm willing to spend to do "dumb shit" without knowing what the cost even is? I've certainly spent equivalent of 10k PED doing "dumb shit" IRL. Hell, zoo, lunch, dinner, and movie with my kids costs that...

Edit to add:
Can you spawn vehicles in houses? I didn't mean hide and seek, or dance parties. I meant everyone sit around their cars and jets drinking a brew by the fire.

 

[In Love With]

Thanks. Somewhat in line with some of the answers I've gotten. Yes, mobs, TP, location matter. I don't need a TP, I specifically don't want mobs around, I think I'm seriously chasing what might be considered trash land.

Each, or as a package? 90k each at least fits with above.

It was OLA 57 and 59 and I bought and sold them for around 180k each, yes ... Given that I made around 70 ped/day on average on each of them, the price was ok from my point of view. Both LAs did not have mobs on them, no tp but decent ores/enmatter to mine on.

 

[In Love With]

If it makes you feel better, All LA's are trash LA's except a couple. Basically every mob can be found with good mu outside those LA's AND just as good density. Anyone who hunts on LA's besides competitions is silly.

BUT I can't stress enough how important constant communication and events on a Land Area is. There's a reason the top 2 were the top 2. They made the most effort. You gotta force people to WANT to hunt on your LA when there isn't events also, basically getting their loyalty to you. Think buying from a specific brand because they've been "good to you"

so how many LAs do you own or have you owned to make a statement like that? Let me guess, zero? How about you do not misinform people by telling them your gut feeling rather then actual facts ...

 

[Bones]

If you want something that is unique and fun , buy a hangar.

 

[addz]

In most cases with a LA if you aren't running events and doing a lot of on going work to promote it then it isn't going to earn much for you.

I'd say that over 90% of them are poor investments and the ones that are worth having are priced accordingly.

That said something empty and far from a tp with pretty ordinary mining and no dna has historically gone for around the 80-110k mark, though it seems to be more for the novelty of ownership than actual earning potential.

 

[B-K-K]

My valuation approach is 5 times the annual revenue. Anything beyond that, I would prefer to invest outside the game and deposit as needed.

For example, if a land area generates 30 PED per day, its estimated value would be:
30×365×5=54,750 PED

I do not factor in future potential, as realizing that potential would require my own effort and investment.

 

[Angela Draniie Cloud]

so how many LAs do you own or have you owned to make a statement like that? Let me guess, zero? How about you do not misinform people by telling them your gut feeling rather then actual facts ...

You mentioned a price from a decade ago.
You don’t need to be a chef to know if a pizza tastes good.

I’ve inquired over the years many times for land areas, and have talked to quite a few different lands owners about the lands, income, costs etc.

As someone who is a complete dick, but also has been bang on about prices and the economy of the game since I started, I say I have a pretty good idea.
I also base things on facts, previous data and future projections based on how the game is going.
The fact is that we’ve had multiple 2 pec cldts recently and the 3s were only due to space mining.
The game has about half the cycle or less than normal according to entropia life globals.

It’s a fact that 90% of land areas don’t have unique or better mu mobs or better maturity mobs than outside those land areas.

Im sorry your feelings were hurt, but I literally didn’t even name a price in the comment you quoted. In fact I even said the values were between 5-20k usd. So….. there

 

[germ]

I appreciate the replies, at least now I have data that correlates towards a certain price range. I have zero intention or desire to care about any sort of return, simply put I can get more out of cash in the physical world than anything other than a lucky jackpot in this game, my intent was never about making a return, earning taxes, none of it.

With that said, if the most unwanted, useless bit of land area is anywhere close to 6 figures, it's not worth what I want it for. I'll dream up a different idea.

If I could find something for 10k PED or less, I might consider it.

Thank you all that posted, even if you missed or didn't understand my point.

 

[atomicstorm]

I had a couple land areas but they're not barren. They can still produce children.

 

[castanhas]

well, maybe look into this

Selling: - Hero estate - Menelausia - Own your own tropical island!

Have you ever dreamed of owning your own piece of paradise? Now is your chance! Arguably one of the best pieces of real estate in the game, Menelausia is a massive unique private island based in Ancient Greece. This gorgeous island boasts beautiful beaches, its own TP, walled garden, a...

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[FireFist]

80k is pretty much the base ur gunna pay