Cost of land

[Fred]

I'm hoping for some help here.
We are based in a tiny hamlet,  and most of the parcels of land are owned by us or our French neighbours.

M. Le Voisin knocked at my door earlier to ask if we'd be interested in buying a parcel. It's a bit less than a hectare,  and is bounded by a chemin on one side, our land on 2 sides and land attached to a fishing lake (owned by a remote landowner - they come to fish on 5 or 6 weekends a year) on the fourth side. The field doesn't have any obvious agricultural value but would possibly be good for some fruit trees and it would fit neatly into our existing land. We're 3km away from the nearest village and there is no power or water supply to the land.

The owner has suggested that I make an offer.  Does anyone have any idea of the going rate for land of this type?

Thanks in advance,
Brian

We sold 1.5 hectares of farming land about 6 years ago for €2500

We purchased around 1200 Sq Mt next to our house for €2000 about the same time.

The farming land was out of the hamlet and of no use to us, but the land with fruit trees next the house was worth having.

I would have a look on https://leboncoin.fr and see if you can get an idea of today's prices.

But it all comes down to what it's worth to you. The piece we got for €2000 started of at €10000 we kept knocking him down and would have paid €4000. But he just wanted the money and said €2000.

Why not put the ball back in his court and say you don't know the going rate and ask him to be fair. You never know he may come up with a low price. But have a figure you are happy with and consider if it's worth it to you.

Good luck, and remember the buyer also pays fees on top.