Quote:
Originally Posted by Fiesta Mama
Thank you both for your helpful responses. I figured as much about expropriation. I guess we are just weighing the risks involved v. the cost of this piece of land, which is less than $15,000. It could prove to be quite valuable if the Playa Bergantine area becomes developed in the next 10 years and we could open a business along the highway? We likely won't be building on it for 10 years or so, but I would hate to hold onto it, only to have the government make plans to widen the highway and then we lose our land and have to look elsewhere to build.
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Not building on it, may prove even more dangerous because then it's not a home, just land owned by what they may call a speculator. Besides, you may have to constantly fight off people invading or not respecting your property limits.
This is not to discourage you... just some things you may want to think about.
... J-D.