House and Land Prices

Islander316 wrote:

I remember talking to an agent and he had a paper which had a price per measurement of land for every region.

But it's a guideline, the price of a piece land will vary based on a lot of factors. That only varies even more when you have a house as well, because it makes the valuation even more subjective.

I would recommend talking to a realtor, they could probably give you the general quotes for each region. Just remember they are only indicative.

Thanks Islander316 .

I agree that prices will vary based on several factors; good to know  that there is a region by region base price per measurement for land - wonder   if any of the other forum members know more on this or could direct me to where I can source reputable local real estate agents as opposed to ones on the web that seem to specialise in RES/IRS?

bingo12 wrote:

Would you ask a surveyor?

Thanks.

If any surveyor out here on this forum (without needing their services for a particular plot of land or house) would be willing to share the valuation method for arriving at house/land prices then that would be great. 

Raj18 wrote:

bingo12 wrote:

Would you ask a surveyor?

Thanks.

If any surveyor out here on this forum (without needing their services for a particular plot of land or house) would be willing to share the valuation method for arriving at house/land prices then that would be great. 

I wonder if anyone is able to assist with the above?

External wrote:

I doubt a surveyor will know that information since this is what they do:

https://www.lexpressproperty.com/en/new … -land.html

However, based on experience and need-to -know they may have an idea ( long shot).
Th price of land  ; mainly "Thousand  Rupees per toise"  is set by the seller based on supply /demand/ location and opportunities  ( I will sell my plot of land because  the govt is giving away this "pas geometrique" for this particular construction and thus I can benefit from this new event etc or the big sugar cane land owners are diversifying from sugar cane and are selling land for PDS/ golf courses and I can piggy back on that ) . Call it greed

The best example I have seen; Some people having agricultural land@ 5 mins from the beach ( yeah is it on foot or by car?) and trying to sell to "Joe or Jane Foreigner" ( who don't know the laws of the island) for development .

Just my Rs 0.02

Thank you External for the informative link and your thoughts on the matter. Greatly appreciated.