It depends a lot on what “cheapest” means (buildable land vs farm land vs remote land) and what country’s laws allow foreigners to buy. But here are some examples and a comparison to give you an idea:
🔍 Examples of Countries with Low Land Prices
| Country | Approx Price (Farm / Rural Land) | Notes |
|---|---|---|
| Russia | Some farmland ~ US$250 per hectare in remote areas. | Regions vary a lot; far from infrastructure raises challenges. |
| Cameroon | ~$550 per hectare in some cases. | Rural, agricultural lands. |
| Nigeria | ~$700 per hectare for some agricultural plots. | Many restrictions, depending on region. |
| Paraguay | As low as US$25 per acre for very rural farmland. | Remote land, may lack infrastructure. |
| Croatia (EU) | ~ €3,700–€4,500 per hectare for arable land. | One of the cheapest inside EU. |
✅ What “Cheapest” Usually Means in Practice
- Land that is remote, with little or no infrastructure (roads, utilities, water).
- Land with few legal/building restrictions or where laws favor foreign ownership.
- Sometimes land that is not very desirable (harsh climate, poor soil, low rainfall, etc.).
Related
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