There are 2 possible scenarios for further developments:

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sadiksojib35
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Joined: Thu Jan 02, 2025 7:13 am

There are 2 possible scenarios for further developments:

Post by sadiksojib35 »

The winner signs the contract, makes the payment and becomes the tenant or owner of the land. Then for the second-to-last bidder the transaction is considered complete and the deposit is returned;
The winner refuses the plot, and then the right to sign the contract passes to the penultimate participant. His deposit is counted towards the payment, and the winner is recognized as a dishonest participant, is blacklisted and is not allowed to participate in the next auction for two years.
Advantages of the auction:

You receive the land immediately after the auction is completed;
There is an opportunity to purchase a plot of land much namibia whatsapp phone number cheaper than the market value and subsequently make money on this difference;
The process is faster than when designing a site from scratch.
Cons:

If the land is located in an attractive and promising location, its price will be much higher than previously assumed;
Uncertainty: you never know how much you will pay for a plot of land;
There is a risk of being refused participation in the auction if you do not make a deposit on time, or if you fill out the documents and/or form incorrectly.

Obtaining land from the local administration
This process is slightly different from an auction:

You provide the administration with your business project and justify the need to obtain a land plot: what it is needed for, and what benefit it will bring to the state. It is important that the project contains a social component: such as a kindergarten or a school;
The application will be reviewed within 30 working days;
If the project meets all the requirements, the administration provides you with a land plot (in this case, you can receive a subsidy for its implementation on a competitive basis) or puts the land up for auction.
Pros:

You can get land directly from the administration (without participating in an auction);
It is possible to implement a project within the framework of a subsidy with minimal investment of your own funds.
Cons:

If the project does not meet the requirements, it may be rejected;
There is no guarantee that you will win the auction, because the rules apply equally to all participants.

Self-registration
Option 1: through bidding

You find a suitable site with the required type of permitted use;
Draw a land plot layout diagram (LPD), indicate its coordinates and area;
Put the site up for auction;
Go through the participation procedure and, if you win, become a tenant or owner of this land. The detailed algorithm is described above.
Option 2: obtaining a plot without bidding with transfer to the required type of permitted use (VRI)*

*provided that this is permitted from the point of view of urban planning documents, as well as land use and development regulations.

You independently register the land in the format of a personal subsidiary farm on field plots (LPH on field plots);
Then convert it to a use that is suitable for business, such as land for beekeeping.
This option is more difficult than the others, as it contains many pitfalls. Therefore:

It is important to make sure in advance that the selected site has the possibility of being transferred to another permitted use from the point of view of the law, land use and development regulations, urban development maps and the general plan;
It is necessary to take into account the size of the land plot of both types of permitted use in order to be able to legally formalize the transfer.
Let's say, for a private household plot on the field, the area of ​​the plot should not be more than 1 hectare, and for beekeeping - from 1 to 3 hectares. Accordingly, in this case it is more logical to purchase land with an area of ​​at least 1 hectare.
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