We all know that buying a piece of land or a vacant plot is a complicated decision, one that requires some time and some good thought! If you buy your own land you can build a house, maybe now or sometime in the future. People usually buy land as a long time investment or they may use it to even start some business activity on it.

There are a whole lot of restrictions that apply when one buys a vacant plot of land – you may not be able to build that house on it after all, due to laws or some restriction on the land.

Some factors to keep in mind while buying land:

LOCATION: Location is an important feature to take into consideration while buying a plot. If you are buying land as an avenue for investment then always do so on the one that has resale value. If you are buying land to start a business then always buy land that is nearer to your customers. Do not stay isolated from them. Also it is important to go in for freehold land, that is, land without any restrictions or conditions on it.

LAND SURVEY: A land survey of the property that you intend to buy is also a cost to be considered. A surveyor will have to be appointed to carve out the limits of the property; professional surveyors are available today who will do the job of surveying.

ONLINE RESOURCES: You could also explore your options by making an online search; there are many portals available nowadays which have information about land sales.