Reasons To Invest In Land In Colorado

by Mike on December 15, 2018

Reasons To Invest In Land In Colorado

Investing in land is probably the best decision you can make because the opportunities are endless. Home to the Rocky Mountains and Aspen, Colorado is one of the country’s most beautiful states, which is why nearly six million Coloradans call it home. The Centennial State is known for its breathtaking nature, beautiful weather, and striving economy. Colorado is considered a picturesque place to live. Buying in Colorado is one of the best real estate investments you can make; there is plenty of land for sale in Colorado.

Here are Some Advantages of Investing in Land in Colorado

Hunting and Fishing

For an outdoor enthusiast, Colorado is considered to be one of the best places for fishing and hunting. With millions of acres of public land, near twice the size of Indiana, Colorado has some of the best hunting terrains in the nation. The state has more than 270 thousand different species of animals, including the largest herd of elk in the world. They have a variety of big game, which is why millions of people flock to Colorado during hunting season. One reason people prefer to hunt in Colorado is primarily because of how easy it is to obtain a hunting license, which can be easily purchased at any Colorado park or wildlife office. The state is covered with over 25 lakes and ponds, including Bear Creek Lake, Lake Granby, and Grand Lake. The state is considered to be a prime destination for fly-fishing. Right now, the state’s fishing industry is doing better than ever with nearly 800,000 licensed fishing anglers. Fishing continues to be one of America’s greatest past times. Renting or leasing your land for fishing and hunting is a great way to generate some extra income.

Camping

You could also rent your land out to people camping in RVs and tents, or you can even open up your own campground. Popular camping sites are crowded, and often times securing a monthly RV rental site can be extremely expensive or will require signing some sort of 12-month contract. This is why camping enthusiasts are constantly searching for a new undiscovered campsite. This gives campers an opportunity to park in the same spot every time they visit, which makes the entire camping process a lot more convenient.

Ranching and Farming

There are nearly thirty-seven thousand farms in Colorado, which is why ranching and farming are two of states biggest industries and contributes more than 7.1 billion annually to the state’s economy. Cattle, grain, corn, wheat, and poultry are some of the state’s biggest exports, but surprisingly, Colorado is more known for its peach production. The state has over 2,400 acres of peach orchards and is the 6th largest peach producer in the United States.

Denver and Tourism

The state’s capital, Denver, has a booming tourism industry. The legalization of marijuana has increased the state’s tourism significantly, but often times finding housing can be nearly impossible. This is why many city-dwellers choose to live outside of the city. This is why land in Colorado is considered so sacred and why real estate developers are often looking for land to rent in hopes of building their next big housing development or apartment complex.

Skiing

Colorado is often considered one of the best skiing destinations in the world. The state is home to more than 37 ski resorts, including many luxury resorts, such as Vail, Steamboat, and, of course, Aspen. Aspen consists of over three thousand acres alone. It’s one of the largest resorts in the world. The reason tourists flock to Colorado to ski is primarily because the state is covered with some of the finest snow. This provides skiers thousands of slopes and trails to choose from. Skiing is a huge part of Colorado’s life and culture, which is why it contributes more than 5 billion annually to the state’s economy.

Land is the Secure Investment You Can Make

Land is a commodity that will never go out of style. It’s an investment that almost always is guaranteed to increase in value over time. It’s also one of the most diverse investments you can make. It can be used commercially, recreationally or for your own personal use. It’s an investment that gives you plenty of options, including:

  • Commercial Development 
  • Livestock
  • Farming 
  • Hunting
  • Timber
  • Mineral Rights
  • Recreational Use

 

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