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something seems weird or is it? L$1 per prim land


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I was out on what i guess is mainland - anyways happened upon a place that is like 1500 square meters, 380 prims, L$380 a week. Was tempted to just jump right in cause of the prim count price and being sl close to the road.

 

Anyways unless SL land value is dropping badly, it seems a little low priced? I sent an IM to the owner but she wasn't on so I will have to see what happens.

I don't like to rent land until I talk to the owner as to make sure I get added to the group. Yes, one time I DID rent a place and it took 4 days before i was added, it wasn't automatic. There seems to be no idication on if the invite is auto or if the owner does it and the group is not open enroll.

So is L$1 per prim on something of 1500 meters reasonable? Seems like "too good to be true" especially since LL doesn't even go that cheap. Maybe the owner bought more than they needed and are now just stuck with it for a while and wanting to recapture SOME of their investment or something?

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MoiselleErin Teardrop wrote:

I was out on what i guess is mainland - anyways happened upon a place that is like 1500 square meters, 380 prims, L$380 a week.... Seems like "too good to be true" especially since LL doesn't even go that cheap...

Hi MoiselleErin -

It is good to be cautious, especially if you need to join a group, but in this case I think you are OK.

Mainland is cheap.  For a full sim the tier rate is $195 US per month.

If you rented out a whole sim at 1L/prim/wk you would make about $56 US per month in profit.

There are plenty of landlords in SL (myself included) who would love to make that much per sim!

So to answer your question, no that's not a "too good to be true" price.

If it's a good rate for you, and you can get in touch with the landlord, go ahead and rent it.  It should be a profitable deal for the landlord also.

Lizard Howl

Segarra Estates Owner

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Yeah I am kind of waiting to hear back from the landlord.

I also did look at your web page to see what it has, thing is, I was looking at something smaller but what you have seems a good deal for someone needing that size a land and that many prims.

Most of my experience has been L$2 per prim and the service and areas varied widely. I mean everything from condos to land to nasty apartments in ghetto sims. Usuall a bit more than L$2 per prim if there was already a house or apartment there but even with those, L$2 per prim would average out

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Make sure you check before renting, can you change the parcel name and description, set a landing point, set media and audio and do you have the ability to invite your friends in the rent group. I found some great cheap places but without those abilities. 

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Yes, that is reasonable price.I'm currently renting a 2048 with around 450 prims for  $280L.  That is from one of my oldest friends in SL so I am getting a deal.

Prior to that I was paying $560L for 2048 with same prim count.

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  • 2 weeks later...

Like Lizard Howl said it's always the safest to be well informed.

But not all landlords are bad people. We have leased an island and a mooring dock for our yacht around the Blake Seas and we can look back at good customer service. Always do a precheck on the landlord. Is he well organized, how many land does he own and what is written i the covenant.

Prices may vary, depending on location and economics. But it's not only the size of the land that counts. The most important is the primcount. After all, what good i it to live on large land with only  250 prims to use.

We now rent out hangar space on our airport at Tschotcke and the usual rate is 1L$/prim per week with a limit of 300 prims per hangar. That is the usual rate at most airports. The previous neighboring land owner tried to rent out her land with hangars but she went for 3L$/ prim with the result that her hangars were empty. Now that we took over her land all are rented out and we even have a reserve list.

Just don't decide in an instant. Look around, read the convenant carefully and contact the land owner in case you have questions.

Cheers,

YM

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