Look at Rio Rancho New Mexico. One of the fastest growing communities in the United States. Home of Intel and soon Hewlett-Packard. Presently the new University of New Mexico is under construction, UNM hospital and CNM community college. There are several other big names talking about coming to Rio Rancho.
A new 3,000 student high school is opening this fall. The just found a major under ground resvoir that will help with expansion.
You can get nice view lots as low as $18,000 up to over $100,000.00. Depending on utilities etc. Even the $18,000.00 lots may not be far from utilities.
For more infomation please e-mail me at Mark.Wingert@ColdwellBankerLegacy.com or view my web address below. On property search type in vacant land Rio Rancho
We might find some land with a small down and low monthly payements.

P.

Our advice is to consider coastal waterfront property. It is highly desirable and it holds it value better than other land investments.

Additionally, now may be an ideal time to pick up some bargin opportunities.

Good luck
The "Eckler Team"

Michael Saunders & Company
billeckler@michaelsaunders.com
941-408-5363

I have to agree witht he answer you recieved from Emily. Santa Fe and the surrounding areas have some great investment possibilities. There is also the new Padre Springs development and the Eldorado/Lamy area both just 20 minutes outside of Santa Fe and each having different amenities to offer.

Without the benefit of a crystal ball and only my opinion and bias, the answer would be Santa Fe, New Mexico.
Why? Our community is a destination market and continues to thrive in 2008. In the past month, these major projects were completed - the Railyard District, the Santa Fe Community Center (aka Convention Center), the new Hilton Buffalo Thunder Resort and in a few months the commuter rail service, the railrunner will be live.
Our land is limited by adjacent Native American Pueblo land and water. Hence it is scare and there continues to be appreciation. Recently I helped a buyer with a 1031 Tax Deferred Improvement Exchange where land was purchased for a "buy and hold" and the additional net boot was used to improve it. Land buyers in Santa Fe have several options for land including raw land, residential lots, recreational, residential property or straight acreage. What is important is water and water rights in any land transaction and what restrictions are in place for development. The bottom line would be buy land in a community where people want to live. Santa Fe was recently named #4 by AARP for the best destination community to retire. It is a creative center for art and also a UNESCO city. The American Lung Association rates us #2 for clean air in the US. For me, it is a great place to live and invest. It is a brand and hence there is value whether your investment is land or homes. Look at my Trulia blog for the latest numbers on appreciation. Good luck with your investment. Emily Medvec PS. I relocated her from living on Capitol Hill in Washington DC. It was the best decision I made from both an investment and a lifestyle change perspective.