An acre on the moon might sound like an attractive investment, but how do you go about buying land there? And what are your exact options to buy an acre on the moon? Let’s take a look at all of these questions.
What are the options for buying land on the moon?
There are three main ways to buy lunar real estate. The first is by obtaining a property claim staked out with metallic markers, which establishes ownership of that portion of territory, just as you would stake a mining or mineral claim here on Earth. These claims can be registered and recorded in the U.S. government’s Lunar Register of Claims maintained by the National Aeronautics and Space Administration (NASA).
The second option is to buy an existing lease from one of the commercial companies currently operating on or near the moon. These leases typically come with several restrictions, such as not mining or drilling in certain areas.
The third and final option is to buy land directly from a private landowner. This usually requires the least amount of paperwork and hassle. Still, you will not be able to specify exactly which portion of territory that your property occupies unless it’s one acre or less.
What are some important considerations when buying lunar real estate?
When looking at lunar real estate, you will want to consider the acreage you are interested in owning. If your goal is to own some property on the moon, then buying directly from an owner or through a private company is probably all that you’ll need.
But if, instead, your intention is actually to operate and/or live on the property, then you’ll need to look into acquiring a lease from one of the commercial companies. Remember that these leases come with restrictions, so make sure you know them before signing any paperwork.
Another important consideration is the price of land on the moon. Unfortunately, it’s still pretty expensive, with prices ranging anywhere from $100 per acre to $27,000 per acre. So be prepared to spend a bit of money if you’re serious about buying land there.
What are the benefits of owning lunar real estate?
There are a few potential benefits of owning lunar real estate. For one, it could be seen as an investment opportunity, as the value of the land on the moon is only likely to go up in the future. Additionally, owning property on the moon could give you some bragging rights and make you feel like a bit of an explorer or pioneer.
And finally, if you’re looking for a place to retire or just get away from it all, then owning lunar real estate could be a great option. The only downside is that you won’t be able to live there full-time, at least not yet.
So if you’re interested in buying land on the moon, make sure to do your research and figure out which option is best for you. It’s still a pretty new market, so it’s essential to find out precisely what you’re getting yourself into before spending any money.