Buying a farm in Norway is a joke...
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- Опубліковано 8 лют 2022
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Another try, another fail.
We tried on buying a farm this week. It ended with not having any chance in the current market. So, it seemed helpful to share some of the experiences and information.
Probably everybody who is trying to buy property in any country nowadays has a tough time. In Norway, things are turning tough. The interest in buying small farms and cabins is immense. People have loans with low interest and are pretty much willing to pay anything. No matter what the estimate worth is, farms and cabins regularly get sold for 200-400% of the estimated value. And despite maxing out all loans and savings this one was too much for us.
Let's hope things get a bit more realistic anytime soon.
Until then, cheers from the rental cabin! :)
01:23 What we are searching
02:51 Budget
03:20 The dream Property is for sale
04:46 Property analysis
09:37 Fierce competition
It reminds me of like, it's so picturesque but you go inside and it looks like the "Baker's House from Resident Evil 7."
The water was just pouring through the roof man :D
Long time subscriber but first time commenting. I just recently bought a cabin in remote Alaska. This cabin was on the market for 6 years. It has a "strange" roof which is why I think most people tried to underbid. Most said they wanted to tear it down and rebuild. But I saw this cabin and absolutely fell in love with it. Only 5 acres but I am surrounded by millions of acres of national park and reserve. The previous owners could see that I loved the cabin as is. They wanted someone to love the property as much as they did and we both were excited to sign a deal. I completely understand the waiting process though. Getting intimate with the property thinking about all of the possibilities had butterflies in my stomach. Once everything was finalized I ran to Alaska (from Colorado) as fast as I could. I'm going to get the roof replaced in a couple months. My point is (finally) that the perfect property will come up and when it does you may even be relieved you didn't get this one. I look forward to watching your progress and I apologize for the long comment 😁
That’s an amazing story! and I’m super glad you left your first comment here ☺️🐺 it’s a bit sad that there is so little attention to rebuilding and redoing nowadays. But I do have a feeling that it will come back soon.
5 acres will do the job well in that environment. Enough to get many crops going if you have decent soil ☺️
You must be so excited to now have your own space! Are you staying there full time?
And there is really no need to apologise for the long comment! ☺️☺️
Yeah I have a tendency to ramble on sometimes but listening to your story brought up all those feelings you experienced and I just had to say I understand 100%. I do live in my cabin full time. I get to work remote. I love every minute of it. You know if you cant find anything in Norway you could always find something in Alaska! 😁
That sucks! It just like, "why are many millenials not buying house? Because most of us cannot afford to! And the price of everything went up since the pandemic. For example, after my grandpa passed away, their was a biding war and his house sold for twice of what it was worth. After my dad, passes away me and my brother told him we do not really want anything except to keep our hose and he agreed.
For real! The incentive to move to the countryside went up too! You do seem to have set up a good structure. The only way to property for us anytime is through personal connections. I'm glad you and your brother did what you did :)
@@tilldaling Tak! Well, my dad even thought it was the best idea as well overtime because he seen how things changed. For example, in my early 20's, I did not have the best relationship with my dad so, I was looking at apartments for what they wanted for something slightly bigger than my bedroom. Also, I was thinking about my brother. He had an even worse relationship with my dad so, I stayed. But we are not free loaders. Both of I & my brother pay rent and do chores for our dad.
Just thought about showing some more details of our farm search journey :)
Thanks for popping my bubble before my dream got too big. Was dreaming of a small cabin and got enthusiastic after seeing some prices on finn. This video was very educational, and the situation seems exactly like the Dutch one. It truly sucks… (my cabin dream is actually an “I downgraded my dream of ever owning a real house to a nature cabin” dream)
Hej Martijn, I'm glad you got some more insights into the cabin game :) Netherlands, Germany, Norway. We are all in the same kinda shady game. Without very good contacts or wealthy parents it's tough. But I won't leave just now. Finding a cabin here for an affordable price is doable (more than a farm), just keep in mind that without major upgrades one is not allowed to stay there all year round (technically). Cheers from Norway!
@@tilldaling Helpful to know that you are not allowed to stay year round in these kind of places!
@@tilldaling Hold on a minute. I am not a difficult person, but the government tells you when you allowed to live in your home? All that vacant land and wilderness! Where on earth can one go and live ones life without an overlord keeping you under his thumb?
Thank you for sharing!
I’m glad you watched it, Tatiana ☺️
I don't know why it says "486 acres" in the ad, but 486 689 square meters is not 486 acres, it's 120 acres. 🙂 Acres are not of the metric system, it is 4046.86 square meters per acre, or 2.5 acres is roughly one hectare.
I think that land size is absolutely enormous for Scandinavia. I'm Swedish, living in Norway for almost five years but will return to Sweden to buy a place. We'd love to have forest too, for regeneration instead of having it ra--d by the forestry industry. But for an actual homestead with animals, you don't need that much. We'd be happy with ten acres, we'll be lucky if we can even find more than 2-3.
Because most of the time, farm houses here are sold just with a "lot", meaning space around the house, not with acreage, and these lands are not *that* wild and vast (unless you're in the north, where the reindeer industry has a huge say in what you do with your own land). 40-500 is perhaps reasonable in Montana or Argentina, it's huge in Scandinavia.
I'm age over 60 now and back when i had purchased a ideal property i had paid nearly twice what the valuation was at the time for the property. And ive not ever regretted it either. A property is often worth what people will willingly agree to pay for it. And also there's always an option to buy into places what would not necessarily be to one's own desire, but yet can instead act as steppingstones to help assist oneself to get further toward hopes of finally obtaining the type of property what's long been the actual desired goal
takk for denne videoen. Ha en flott dag. Lykke til Erik.
Tusen takk. Vi trenger den lykke til :D
Thanks for sharing and best of luck to you.
I’m glad you took the time to watch it! I’ll keep you in the loop ☺️
Thank you so much for sharing. This is my dream, and I'm having to adjust my expectations, but it will happen for you. And me. Don't give up.
Nothing to thank for, Kristin :) We have found our place now. I'm sure you will do too :)
This was a super helpful video. I'm a U.S. citizen looking to make a life change and move to Norway (at least for part of the year). I have cash available in the equity in my home, but just 130,000K USD, so a similar budget that you've got. It's good to be reminded that looking beyond property location and thinking about all that can be wrong with a property is very important. I have similar stipulation for land that I'd like to buy. I have CSA Farming operating on my 1.5 acres here in the heart of Salt Lake City, Utah (a lot of land here), and would like to have some farming practices in Norway as well. I'd love to see updates if you get into a property there! Can you speak to the difficulty of carrying out work on a property yourself? I'm a general contractor here in the U.S., but don't know what kind of credentials I would need to do work over there.
Hej Eric! I'm glad you got some insights :) So far we have had a lot of cases with insane price runs in the bidding rounds. A lot of learnings from these ones tho. Work on the property itself is effortless. Electrics need and fireplaces are the only hardships I'd say. Also, the fact you often need heavy machinery through all the stone ground. But apart from that things are quite doable ):
I'm in the US and looking for the same.
I have been looking into moving to Norway ever since I stayed with my friend and his family there twice.
Regardless of the state of the buildings, the land does seem to be quite cheap in certain areas, especially compared to here in Belgium.
Do you perhaps have a rough figure on how much it would cost to build a two bedroom house in Norway?
Or is that perhaps also dependant on the region? (longer distances for building crews to travel come to mind)
Yes! Land is cheap in Scandinavia :) I would think about 1.5-2M NOK. So might be cheaper to buy something to fix it.
I get it. Im in the same boat. Im actually looking for Danmark as a last resort now. Many reasonable priced places there. Big acre farms from 1900s for around 50k dollars. Problem is. Need to live there to buy it.
What's speaking about living there? :)
@@tilldaling Hm? Its a problem for me because i have to get my girlfriend to move to another country as well. Also a lot of new rules and complex laws to understand beforehand. Taxes etc. and working conditions and so on :/ still trying to understand stuff. things take time. A norwegian or german etc. has to buy to live there for us to buy a homestead/farm in Danmark. But the price is very enticing no doubt
You need to come to the UK where USD 150k will just about buy you a 1 bed maisonette with no garden, and get a different perspective.
Well, it all depends how far away you are from the desired places :) We all have to work with where we are in the end :)
@@tilldaling It does change your thinking though. For me, here in UK with a similar budget to you (and I'm wealthy compared to most of the population), I would not be able to dream of a smallholding, although I'd love one. But if I came to Norway and saw these properties I would suddenly think, "This is within my grasp, I'll downsize my ideas a little bit, make it work somewhere a little bit smaller, and then upgrade when I've done that and sold at a profit". You have the advantage of youth on your side. Don't let these things grind you down. You can do it! You might just need to go via some extra steps first.
Sorry you didn’t get the house. Maybe you can try what Leena Hennigs did. Find farms you like, knock on the door and see if they are interested in selling. Also if you do find a farm you like look into the history. If you want to restore it to its former glory you might get some support from the kommune. A friend of mine bought a 100 year old farm and the chimney needed redoing. They applied to the kommune and got a percentage covered. They also got support for rebuilding an old “stabur” on the condition they would make it a learning experience for any volunteers. Best of luck finding a place❤️
Thank you very much for the long comment! ☺️ and yes going from farm to farm might be one of the next options. Right now, I’m speaking with the farming section of our current Kommune. Let’s see if something comes from that. And great advice with the restoration support! Hopefully, we’ll soon have a chance to try 🏡🇳🇴
@@tilldaling Excited to see how it goes. I've started to dream a bit of my own small farm so it's interesting to see how it works. 😃🤞🍀
Farms in the Alps with land even less than 10 acres cost 1 million EUR and above - no chance for any locals to buy, all completely outside any realistic economic calculation and valuation. I really know, how this feels. Good luck anyway. Sometimes, things just ‘happen’.
Hei Heinz! Those are out-of-world prices, I'm sorry to hear that! We have found our place by now :)
I guess the only real option is Sweden or from Nordland and further north as the market is now... The new rules about farmland in the inheritance laws/act should bring some more properties on the market, but things take time and people who have been "homeowners" for the last 10-20 years will keep the prices up as they will gobble the properties up and turn them in to holiday homes..
Yes, I fully agree! 🙈 the inheritance law has a window of three years so I guess we are in here for a long run.
And yes again, further north things are a bit easier especially past the border of nord-troms. The tax release is quite attractive ☺️
Nice video my friend, I really feel your emotions. In Copenhagen we have the same problem! It is almost imspossible for the younger generation to get their hands on an apartment :/
Thank you very much! You must have an even more insane competition… nevertheless, I’m really missing you guys and the gym, you don’t find that on the countryside 🐺
THANK YOU
:)
To become a farmer or king in Norway, you have to be born into it...
With one I agree with the other I don't ;)
I’m sorry about the belly-up turnout, but I’m thrilled you haven’t given up 😄
Better days ahead for us all 🍷
Yeah, that was pretty much the perfect project! :) Let's hope the interest rates go up a bit :D
the "actual" Value of the property is defined by how much the market is willing to pay on the day of sale. So problem is not "overvalued property" but your expectations the first asking price will be around the sales price.
Of course it is about expectations. The years of low interest rates have gotten to an actual value that still does not seem appropriate. Expectations or true value doesn't really change much in the way it appears :)
@@tilldaling unfortunatly true ;-), one day you will find your perfect farm and it will be a lot of work, but it will be woth it a thousend times, do not give up.
I moved from South Tyrol to the southwest of Germany a few years ago...
I'll make it short, but I want to give you a good idea of the reality here. In South Tyrol you get an old 40m² apartment for around 150k € at least, last week they offered me a house due for demolition for 730k € here in Germany...
The lowest price I was offered for approx 500m² of land to built on was 400k €. That's outside of the more expensive places!!!!
It's ridiculous
I'm
Hej Jakob! These are ridiculous prices! In no relation to the true value of a home. And with the current interest rates, fully unaffordable.
@@tilldaling Couldn' t agree more!
It's a bit weird for me to hear the housing prices in western Europe and food prices from Lithuania.
It's almost the same cost for most things, but we just earn less. Like 3500Eur for m2 is a very normal price in Vilnius. Something nice is at least 5000Eur/m2.
I bought my farm in Northern Norway for 800 000 kr. Never regretted it!
I can only imagine! Seems like a good deal!
Thanks for this video. I'm kinda in the same boat. I want a small farm / homestead with some nature around and a cabin or stonecottage. So nothing too big.
Coming from Germany, it's more or less comparable to Norway, except maybe that we do have some cheap properties on the countryside, but they are really unattractive + we don't have a ridiculous high income compared to you. Everything smaller than a house is usually considered a holidayhome and you are not allowed to live there full time.
Problem is for the cheaper properties, that according to our laws it's forbidden to build outside of a village. It's called "Außenbereich" and is only for agriculture and stuff. Also they don't want people to spread out too far, with us having way more inhabitants per km² than Norway ofc. So the properties that already are situated outside of a village and can stay there bc of historic reasons are ridiculous expensive and really rare to find too.
For me the solution will be to look out for other countries. I like it here, but if I can't live here like I want to or go into debt for my whole life (glued to a full time job ofc), it's not an option. If the average income of a society is lower than in our rich homecountries, life becomes affordable and it shows not only in housing, but also in services and cost of living. If I have to move to live a simpler life, than it shall be :)
Thank you for sharing your experience! Und liebe Grüße! :)
I was not aware that there isn't any way to upgrade a vacation home to a permanent one. That it is forbidden to build outside the villages is a bit nuts in my opinion.
I have been thinking about income level differences and making use of it for a great while. But it is also possible to find cheap property in large countries with low inhabitants up here (Norway, Sweden, Finnland). Not saying it isn't painfully slow but great public services and social security together with somewhat affordable land have something to it ;)
Hello Till, I came across your video and would like to share my sympathy. We went through a very similar situation last year in The United States and learned a lot about how vicious the real estate market is, as well as how to make the most of what of what is actually available as there are a lot of things people don't consider. If you care to hear about what we've learned, unexpected obstacles with neighbors or local law, how much yield you actually get from a mature apple tree, hidden blessings we found on our land, please me know! You're in our thoughts. Good luck.
Thank you very much, Justin! It is very true, availability is another thing in these markets.. I will definitely come back to your offer once we found our home :)
Wtf that's sucky. Also, welcome back, sir!
It was even in the news for having such a high sales price in the end..... And cheers :)
With an asbestos roof do you need to hire a specialist to fix a leak or just when the whole roof is bad?
I think in this case, i'd rather get a specialist and if the money is there somewhen get rid of the roof entirely. But i'm far from knowledgeable in this :)
I always browse FINN casually and I'm always surprised by how cheap some places are, and how the prices skyrocket as soon as you add some amenities. Many 30-40K small steds, some really okay 100K places, and as soon as it's cool, it's 400K+.
Yes, it varies a lot! Not to mention that these are all asking prices. Very few properties are even close to that after the bidding rounds 😅
@@tilldaling Norway's estate market is very special also. Almost every 20-something has already bought a flat, and every 30-something has already sold a flat, made a substantial gain and bought a bigger one. High revenues, and an habit of using the parents' houses as collateral for a huge loan. Very hard to compete when you're coming from another country.
@@greham If you have some properties in germany though, could you finance the norwegian real estate more efficiently?
I am currently looking how I could manage moving there properly.
@@Time2RockUrLive I think if you have a house anywhere, it's an asset that can help convince a bank but Germany is EU and Norway is not. Currency is therefore different, and I know it's always tough on the banking side to appreciate assets in another currency, since their value can change according to the exchange rate.
@@greham
Yeah thats my fear too...
I hope that a high monthly income resulting from the real estate here will enable me to finance something proper.
I live in vestlandet and it is a bit sad to see that my "dream" properties would cost 4-7million nok, obviously further out its much cheaper but i would want to live relatively close to family and the city, well 20-30minutes from the nearest city.
I’m really wondering If it’s actual demand or if it is just that expensive because half of these properties are used as cabins 🙈
@@tilldaling Yeah its just crazy the more i think about how i want to live my life the more im considiring moving to a cheap place, start homesteading and just live a good but alternative life. im lucky that i live at home and i think i could live at home for a few years more and save "everything" so i achually can manage to get a nice place to live, but its funny when my parents bought a house 20 years ago for around 2 million and now it might sell for as much as 4-5. the prices makes no sense.
Hoping you 'll have more chance. I know Buying something in Norway is a big dream, that , to be honest, I have too, somewhere in my mind. But I didn't expect it was such a market , and that it was going on that way. I believed it was a reasonable market, but it may be not. Make me feel sad about it.
Thank you very much! :) sadly it is much the same if not worse than in other EEA countries 🙈
But still, there are new laws that are going to be implemented to make it easier in future ☺️
@@tilldaling good news 😊
Hello. This video just popped up on My feed. 2 years old unbelievable. My family is from Norway, multiple generations. I was wondering if you knew any way to get in touch with anyone to see what has happened to My family's multiple land properties? Curious to see. Thank you for your time. Any info would be truly appreciated.
If you find the place, you can find the farm number and then the commune will tell you who owns it :)
@tilldaling I know the cities. Not farm numbers. Couldn't I go through family names? Confused over commune? What are you referring to? Thanks for your answer.
Thanks Till for sharing. I reckon it is an apparent lack of proper governance and having an inclusive policy that enables people to afford a house and own a small business. I shall see if there is any improvement made by the policy maker in Norway after 4 years. If housing is let to bidding alone then the millennias and the middle class will never be able to own their own home because they will definitely be outbidded. There must be some housing guidelines to housing price. We price according to per square foot of the build-in area. And the final price is valuated by the surveyor. Bidding that house at that price is just RIDICULOUS. I won't even consider looking at it or let alone stepping into that property if it doesn't look like the picture I saw on the website. Basically it's just a fraud. Someone is just hoping some idiots would fall for it.
Nothing to thank for! You got it pretty much on point. But no, there are no guidelines in that regard.Even concealed bids would make a difference already.
Sadly, so much of this story and the comments I'm reading sound a lot like many people's situations in other parts of the world, like what we are experiencing in an increasing amount of Canada and the United States. If you don't come from intergenerational wealth, what you can afford on your own is dwindling substantially, and what your occupation would have afforded you just 10 or 20 years ago was vastly more than you can today. We are seeing the total erosion of the social contract around merit and work in real time unless something drastic happens.
Pretty much everywhere the same picture, more inflation than salary raise and halfway impossible loan conditions.
And I agree! Money is a political disaster...
I am sure that your dream house will find YOU!
Thank you very much, Pamela!
@tilldaling 89,000$ per 450 acres are 460us$ per Hectare! here in Panamá we have to invest for lands whit good acces 5000-7000 Dollars Per hectare xD. how is the price per kg for veggetables to the norwegian farmers? . well you would need to put a good and little Greenhouse of glass, maybe letter
I don't know what they go for in farm sales, but store prices are very high. let us take the example of 10$ per kilo squash.... Definitely necessity for a greenhouse! No chance without
@@tilldaling other things maybe is the commercialization , maybe in norway the price are high because there is not enoght competition in the Detailing sales of food, (like here in panamá), so maybe is better to focus in little farming of vegetable, and a well distribution. than in large scale farming of things like Wheat and soy, or Corn because there are largest countries with millions of Acrages that saturate the international market. Of course if someone can get mechanized soils and Cheap and your are so far away from a big city of port. the Cheap commodities are the most affortable option for the main part of the lands.
My husband works in Norway, and he talked to his coworker. She was going to buy a house, she went to the bank, the bank said you can take 5M nok in loan. She said she chose a house and she just wanted around 2,5 M in loan I believe. Well the bank was shocked, they tried to convince her to take 5M and thought she was crazy not to take the loan. And people think that just because the bank gives that loan, they should take it. Its bizarre to me. We got a house in Norway for 2,5M nok, which is a forcesale. We are waiting for the court to confirm. But the prices are insane in Norway. It must be very hard for younger families. I hope your wish will come true and you'll find your dream farm. Don't give up yet!
That is a very weird scenario! With this interest skyrocketing every NOK less is better :) We found our farm. I hope all is going well with your purchase :)
@Till Daling I think it was before the interest rates went up. But people's mindset was that they should get the biggest loan possible. Now I think many people are rethinking their choices.
Why not just look for a good piece of land with no house. And then build a house and barn. By the way those properties are Sooo cheap c 400 acres for less than 2 years salary in Norway ……..😊 in the uk you would be paying at least 40 X the average salary for 400 acres You are very lucky
I agree with the prices! Forrest properties don't cost a dime. Building houses on it is very strongly regulated tho. And if you apply for something that isn't there yet, it can take years 😅 it is easier to buy ruins
Good for you … we have some special exemptions in the uk for building agricultural ‘tied’ buildings. So they can only ever be sold again to someone who will carry out an agricultural occupation on the land that might be a route for you in Norway if you have such a planning permission rule … just a thought
hey, nice to hear you, how to get a mortage in norway?
Thanks, pretty much like in any other country, equity + income + bank
Thanks for sharing. How about working in Norway and buying a cheap lot somewhere else in Europe, eh? I mean, I did a long 3 month hike last year in Norway. and I'd like to be around that nature more. Right now I'm renting in Netherlands. I'm thinking: I might as well rent and earn in nNorway close to nature and save up to buy a plot in.... Spain, or Italy, or somewhere it's cheap (er). I'm thinking/hoping I would relatively save up more money in Norway; the cost of living is higher but the wages are also higher. It's a nice experience, I hope, I'm pretty sure it would be, for say 3 to 5 years while saving up... or is this a ridiculous trail of thought you think?
I mean... you could already buy a big plot and have much money to spare, would you go to Italy and do a homestead there.... You're not thrilled at how things are going, but believe me, it could be worse :p
Hei, i bought house farm in North Norway and I know what you talking about this is difficult but I done this. Am simple Polish man and 2 years ago I bought farm for 330000 kr!!! But 2 years I have been searching 😀
Sounds great man! I’m super happy you found something that suits you! ☺️ how far up north did you go? :)
Hey brother man first time commenting here I was wondering is it possible for a foreigner who intends to move to Norway manage to actually get reasonable property. I don't really know there though I'm seeking connections in Norway who can help
Yes, it is :) for migration you need a valid reason and some capital or a job/study here. Afterwards, everything should be easy :)
It's the standard of living and healthcare that I'd might like to live in Norway
It's definitely a great aspect!
agreed, excessive money is in the hand of some people. no hope for regular people. More that than the initial price, I am afraid of 10 different of taxes goverment put into place. Wish you find your ideal frame
Yes, that's something to worry about in near future! Thanks a lot :)
It's the same problem in Germany 😢
I can only imagine!
Really useful info, totally resonating with everything you say, I have been looking for a similar lifestyle project in the UK for years, maybe not 500 acres! but yeah it is the exact same deal here, people are just throwing insane piles of cash around for properties that need insane further investment. It highlights the disparity caused by capitalism where rich people have got way more than they ever need and poor people can only aspire to keeping their necks above the water. Works great for governments who created all this hierarchy with feudal systems where they declared ownership of lands through means of violence and organised crime. It is high time these lands should be returned to the people so they can be utilised sustainably.
Let's see if the current housing prices are getting anywhere proportionate to average incomes in the coming 12-24 months :) It can't go on like this. in Norway most people have fluctuating interest rates, that won't be fun for many current high expense owners.
I have been recently to Norway to look for a farm, before I arrived the farm was sold for 750000 kr, asking price was 1000000 kr. It had 42 hectares. You will find your farm, keel the dream alive! We are stil looking... kenny from Belgium
Yes! :) It very depends on location here. As in every other country :) Greetings to Belgium!
750K kroner for 42 Hectars land? That is quite nice price
I feel you
We're getting there, Paola :)
thanks for the answer whats your job?
Occasional consulting in tourism and marketing as well as photography and videography, plus some money from stock footage. All in all little money, much time. By education I'm Nutrition scientist/biologist.
Hi Till, don`t give in, learn more about the whole process of the life you want, and what you are willing to do in return for it. Do you need a farm of 500 acres, or would it be enough (for now) to buy a smaller one, maybe some acres of land (from a farm?) and start what you love to do, like farming, the feeling of owning it, or plan to build a (tiny)house i.e. Learn new (renovation/building)skills, take xtra work to save up more money, contact other people for “how to” succeed with your plan i.e….and always remember to do positive affirmations…. everyday - have a wishboard on the refrigerator to keep you on the right track an so on. I believe you can find your way, and what I have mention above you may already do in a sort of ways, I just want you to hold on and succeed with your dreams 😉 Me and my wife met 8 years ago, sold everything we had, and started a new way of living, incl. renovating small cheap cottages nobody wanted to buy, we have built microhouse’s ourselves outside Drammen, and learning skills along the way. All the best from Robert
Hej Robert, thank you for such a long and thought through comment! And I agree, right here in this area there is very little offer at all. The winters are always a bit slow but I do have great hopes for spring.
Our house is attached to a farm, so we can kinda start already this spring. Just the feeling of owning it is missing 😅
So far we’ve been in contact with many many people from the area as well as the commune. Over time our odds might get better ☺️
Your way also sounds very interesting! Are you renovating and renting out or sell and start a new project right after? :)
@@tilldaling Hi again Till, sounds like you have it going, keep up solidify it in your mind! The odds will come your way, I am sure.
We have been renovating/building, and then flip`t some properties, so we then could buy property we really wanted - but still a lot of work ;-) . In the future we might rent out part-time. The feeling of self-reliance is a good one... Best wishes from Robert
Thats pretty cheap, usually you be spending almost a million on a property that large with a decent house on it anywhere near civilisation.
You'll soon find you'r dream home
Crossing all my fingers and potential bank loans ☺️😅
why without "high" capital? u can get a credit for that
help and securities from family :)
In Norway do you actually have to farm to own agricultural property?
It depends on the property, some are exempt. But generally, yes. Over 20 acres falls into the regulation normally. Most of them are rented out tho.
I agree with you that the market is very hot right now, but I think you paint a worse picture than what the reality is. Me and my wife just bought a farm in norway close to trondheim, close to the property you showed in the video. And we will be debt free in 5 years. We have three children and both have university degrees. 31 and 33 years old. If you worked and saved money and lived below your means for the years of taking a degree. buying a farm in norway is not that hard. And If you are willing to be further outside the larger cities you can get properties dirt cheap. Definetly a hot market, but its not completely dark. hope you guys find your farm! if you settle close to trondheim on the north side of the fjord. hit me up. we'l be glad to help out.
Hej Alexander! Nice to hear you found a farm the around here :) I assume you're commuting. Having moved here freshly, saving standards are definitely not at the Norwegian level. It still felt that this year's properties were sold way beyond asking. With the thought of building parts of the farm into a living space in nature (guiding or courses), there are some more criteria that do not make the search easier. I'll let you know when we will find something!
@@tilldaling Ahh. Yeah then I see that the market would be narrower with more strict criteria for the property. Yes, I comute to NTNU and My wife works in Rissa. You are probably more in tune with the market than me, but f I see something I will send it your way.
hey till we search a farm too maybe somthing you have in mind for us
Förlåt Till! Du ser ledsen ut. Hopefully everything works out eventually!
Been in the contact with the agricultural department of our commune with this now, let's see :)
I just found you and happy that I did. Maybe it's a fantasy but I wish I could find you and eight other upstanding souls, where we could purchase something so large as a co-operative. All ten of us each get 40 acres for our personal use and the remaining 50 acres are for a proper communal village. Build our own village bakery, grocery, a B&B, etc, etc. In your example, the land would cost us each, approx $25,000. plus another $25,000 for co-operative infrastructure. As I see it, $50,000 for raw land to build whatever my farming fantasy can think of. This way, a new generation can begin to build anew.
Hei hei :) I am very glad you made it here! Better keep that fantasy up. It sounds amazing. Yet in countries like Norway, being able to build what you want as a year long communal application hassle. The US might be the better choice in that regard.
Yeesh, you're almost better off buying a place in the US.
But the freedom to go wherever we want in nature is pretty nice here :)
Learn how to build a timber frame structure and build your structure yourself on a land with nothing on it. Considering how bad most of the structures will be, it's easier to build than to renovate, really.
It's apparently much harder in Norway to find land for sale than small farms for sale. But that might be pretty decent for demolition objects :)
Dud, so young, and yet so depressed, depressing AND hopelessly hopeless. Maybe you should rethink your ambitious vision of becoming entrepreneurial, regardless of the industry. Be it farming, fintech, real estate, it doesn't matter. This is the moment when the creativity and perseverance lets an independent entrepreneurial soul shine. Do you expect people to get depressed by your side and tell you that you're right ? Yeah dud, let's get depressed and let's cultivate some anger because the world is a too unfair of a place. COME ON MAN ! GO FIND OR MAKE AN OPPORTUNITY WHEREVER
Ok, dream is over. I knew it. why? The big ones searching for land. Second, the sms Thing is absolute annoying. You dont know if the offers are real. I Look for a prorberty since 2 years. And no i am Not in norway. I can get a Job but i dont wanna drive 4 hours a das only to get to my employer. I dont know if there are really ips or they prize the rs real high if youre interested. Some of the houses Are prized as 2 years ago. If youre doin a phonecall and Show interest the offers will go on. Thats curios or not??
I wish you luck and a strong will to get to your dream.
? p̷r̷o̷m̷o̷s̷m̷
victim talk
Norway is a large country, but how much land is habitable or cultivatable? For example, the UK produces more food than Australia and Canada combined.
Habitable, I'd say very little. Cultivable even less. Comparatively, food production is marginal here :D
Love the jumper! Ditch the man bun though, it's not a good look.
Thanks! And no thanks :)
if u want to rent a farm or buy one I could recomend gardsbruk.no a good side mate
I know that one :) but It seems like there are not as many farms put out as on Finn 🙈
@@tilldaling thats true, but still u get to see farms for 8 milion or less