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denni9th | 4 years ago

Land is cheap in that part of South Africa, but certainly not that cheap. For reference, [1] is 231ha of almost undeveloped land listed for about $100000.

I suspect it is tax evasion or a nepotism deal.

[1] https://www.property24.com/for-sale/bloemfontein-rural/bloem...

discuss

order

codeduck|4 years ago

It's almost certainly nepotism.

lazide|4 years ago

Could also be some sort of tax or bankruptcy auction in exchange for them taking on some big liability?