Land is a precious resource, especially in densely populated areas, and if you’re in the market for a bargain, our article will help you understand the factors driving land prices in various metropolitan areas.

Land costs are shown to fluctuate not only from nation to nation, but also from city to city. The cost of land in any given location can be affected by a wide range of factors. Due to the exorbitant costs associated with urban land, many people would rather invest in farmland outside of the city.

Cheapest Land For Sale in The World


Cheapest Land For Sale in The World

In countries like Canada, the United States, and Australia, one can locate reasonably priced land within an hour’s drive of the city. When seeking to purchase land, it’s important to consider whether you want to see immediate returns or hold on to the property for the long haul.

Following Russia’s invasion of Ukraine in February 2022, fuel prices across the board have risen sharply due mostly to increased demand. These nations with the most land available per person are listed below.

1. Bolivia

Due to its lack of urbanization, Bolivia is home to some of the world’s most affordable land prices. Home costs in Bolivia are far lower than in any other Southern American nation. One or two bedroom apartments and houses can be found for under $50,000.

It is possible to find a three-bedroom house in the city for under $100,000. The average monthly wage in Bolivia is about BOB 8,530, or about $1,280 at the current exchange rate. Bolivia is still the poorest country in South America, despite a rising cost of living over the past few years.

2. Austria

A non-resident can purchase land in Austria because the market is open to them. However, there are limitations, and local regulations vary. Because of this, getting a mortgage in some parts of Austria can be a real challenge.

A acre of farmland will set you back $42,000. The agricultural sector in Austria is highly advanced, intensive, and mechanized.

About 38% of the country’s total land area is used for farming. Four-and-a-half percent are usable farmland. The domestic market can meet 75% of its product needs thanks to the employment of modern agricultural techniques.

3. Germany

Germany’s real estate market is again up and running. The average cost of farmland is $32,3 thousand per hectare. It’s a well developed post-industrial nation that ranks highly in agricultural output across Europe.

Nonetheless, agriculture contributes only 0.7% of GDP. According to 2020 World Bank figures, 47.5% of a country’s land fund will consist of agricultural lands. Meanwhile, over the same time period, 33.4% of the country’s land fund was comprised of arable land.

There are no legal barriers to the purchase or sale of land by either foreigners or locals. There are no constraints or limits on the scale of the purchase area. Each federal district may establish its own minimum area requirements. In Bavaria, for instance, a minimum purchase of 2 hectares is required.

4. Greece

Due to its affordability, Greece has been a popular tourist destination in recent years despite the country’s ongoing economic crisis. Additionally, Greece is one of the world’s most frequented nations.

A single parliamentary republic with a good quality of life and advanced low-income economy, this developed nation ranks high on the Human Development Index. The largest economy in the Balkans, where it has made significant regional investments.

Typical of the Mediterranean region, Greece enjoys moderate, rainy winters and hot, dry summers. This weather pattern can be found on every coastline, from Athens to the Cyclades.

The mountains of Epirus, Central Greece, Thessaly, and West Macedonia can be found in the northwest of Greece, and they form what are known as the Peloponnese mountains. It snows annually in the northern mountains and in the southern lowlands, including Athens.

5. Canada

It would appear that farmland in Canada is reasonably priced. Canada has a lot of empty, potentially valuable land that is up for grabs. Several Canadian cities gave away free property a few years ago. Canada is an extremely developed nation, ranking 17th in the world in terms of nominal income and 13th in terms of the Human Development Index (HDI).

It has a highly developed economy that ranks 10th in the world because to its wealth of natural resources and sophisticated international trade infrastructure. Mortgages, rent, and utility bills all add up to make Canadian life somewhat pricey. Houses for rent might range in price from one area to another and even within the same area.


Many people are interested in diversifying their portfolios by investing in new fields. Buying land is a common example of this type of investment. Land is a precious resource, especially in densely populated areas, and our article will help you investigate the factors that affect land prices in various cities.

Land prices all across the world are sensitive to a wide range of factors. Land costs are shown to vary not only among countries, but also between cities. Land in major cities is quite expensive, thus many people instead invest in farmland.

Buying land overseas is a different story, and if you’re looking to do it on the cheap, our blog might serve as a resource. We have compiled a list of all the nations that offer the most affordable real estate.