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by denni9th 1699 days 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...

1 comments

It's almost certainly nepotism.
Could also be some sort of tax or bankruptcy auction in exchange for them taking on some big liability?