lands for sale International (page 135)

RARE WATERFRONT TRIFECTA ON RICHLAND CHAMBERS RESERVOIR! This is a once-in-a-generation opportunity to secure one of the most significant land holdings in the exclusive, gated Arrowhead subdivision. Offering the perfect blend of privacy, scale, and shoreline, these three contiguous parcels total approximately 5.38 acres of prime Texas lakefront, creating an unparalleled canvas for a world-class custom estate or a multi-dwelling family compound. THE LAND & WATERFRONT: This offering is comprised of three distinct parcels, each with its own unique character. Lot 38 (1.36 Acres) is the Crown Jewel of the collection, boasting an incredible 300 linear feet of expansive waterfront. Lot 39 (1.82 Acres) offers 65 linear feet of water access, while Lot 40 (2.2 Acres) provides an additional 100 linear feet of shoreline. Combined, you have 465 linear feet of private waterfront. Whether you choose to purchase a single lot for a secluded retreat or secure all three to create a sprawling 5.38-acre masterpiece, the flexibility here is unmatched. THE LIFESTYLE: Life at Richland Chambers is defined by the rhythm of the water and the serenity of nature. Imagine waking to the sound of birds and the gentle lap of waves against your shore. Start your day with a peaceful sunrise paddle in your canoe or kayak, exploring the hidden coves of the reservoir. As the day warms, launch your boat from the private, resident-only boat ramp to enjoy 41,000 acres of blue water. For the angler, this is a world-class destination; these waters are legendary for trophy catfish, crappie, white bass, and hybrid stripers. As evening falls, the horizon transforms into a fiery canvas of Texas sunsets—the ultimate backdrop for entertaining on your future expansive deck or relaxing by a lakeside fire pit. SUPERIOR STANDARDS: Protect your investment in a community that values quality. Arrowhead is a restricted, gated community featuring underground co-op electric and water at the road front to preserve unobstructed lake views. Homes are limited to site-built residences with a 2,500 sq. ft. minimum of heated and cooled space. With no timeframe to build, you can secure your legacy today and build your dream home when the time is right. LOCATION & CONVENIENCE: Experience the best of both worlds—the profound quiet of the lake and the convenience of the city. Located just 65 miles from the heart of Downtown Dallas, this is the premier weekend escape for the DFW professional. You are only 10 miles from the Corsicana Airport and minutes from the historic charm of downtown Corsicana, where you will find boutique shopping, fine dining, and vibrant art galleries. Don’t miss this rare chance to own a piece of Texas' newest major reservoir. From trophy fishing to twilight cruises, the legacy you build here will be cherished for generations. Available as individual lots or a complete 5.38-acre package. Contact the listing agent for a private tour of this extraordinary shoreline.

Introducing a rare opportunity to acquire one of the few remaining undeveloped oceanfront properties in Leeward, Provo’s most exclusive neighborhood. There are currently two adjacent waterfront lots available, totaling 1.67 acres with 230 feet of ocean frontage: - Lot 88: 0.76 acres with approximately 100 feet of waterfrontage. - Lot 87: 0.91 acres with approximately 130 feet of waterfrontage. Because the property is already divided into two plots, it offers numerous development possibilities beyond a single residence. It is an ideal site for an expansive family estate with multiple villas and the potential for expanded docking (subject to planning approvals) for all your watercraft. Located in the island's most prestigious neighborhood, this site is perfect for a landmark home. With a nearby marina, golf course, and the amenities of Grace Bay just five minutes away, this is a premier choice for anyone seeking a legacy property.

This 13.38 acre Ranches at The Preserve lot offers incredible privacy and a gentle downhill slope to build up to four structures with expansive Uinta Mountain range views. Set amongst the gamble oak trees, this lot allows an owner to choose the 50,000 sq. ft. building envelope and build a 5,000-17,500 square foot primary residence, a caretaker cottage, a guest house and a barn structure. Horses are permitted with approval from the HOA. The Uinta Mountain Range features more peaks over 11,000 feet than any other range in Utah and is home to Utah's only 13,000 ft mountains. Ranches at the Preserve is an exclusive gated residential community in Park City just minutes from the retail and dining options at Kimball Junction, including Whole Foods, minutes to skiing at Park City and Deer Valley resorts, and is located within the Park City School District. Additionally, the community is adjacent to the Glenwild Golf Club & Spa, Utah's #1 rated golf course by Golf Digest Magazine that offers golf, tennis, pickle ball, dining, fitness center, spa social events and more. Memberships are available for purchase separately. The seller has preliminary plans from the award-winning design firm, Lake Flato, which can be shared with a buyer. Build your dream escape and begin your dream Park City lifestyle! Lot size source is county records, buyer to verify.

Enjoy expansive Martis Valley views and privacy from this desirable Lahontan Drive location with easy access and close proximity to the amenity core. Build your mountain dream home on this private view corridor lot. For estate size dreams, the adjoining lot is also for sale. The world class ski slopes of Squaw Valley and Northstar are minutes away and just over Brockway Summit is Lake Tahoe. The area offers skiing, snowshoeing, kayaking, fishing, boating, expansive trails and beaches to hike or bike to. Lahontan is a thoughtfully crafted 900-acre resort community comprised of meadows and mountains, stands of towering pines nestled in the scenic Martis Valley just south of Truckee. Designed as an exceptional golf and living experience, this gated community is home to an 18-hole championship golf course and a 9-hole par three course, a lodge with fine dining, day spa and fitness center. Camp Lahontan amenities include a swimming pool, lap pool, jetted spas for kids and adults, tennis courts, lawn games, sand volleyball court and Gooseneck Reservoir. Explore walking paths and nearby hiking trails anddiscover native flora and fauna. The historic town of Truckee with a vibrant downtown scene is just five miles away.

Large Martis Valley view lot with privacy and ease located on desirable Lahontan Drive. Enjoy convenient access and close proximity to the amenity core. Build your mountain dream home on this valley view lot, or for bigger dreams, the adjoining lot is also for sale providing more privacy and estate-size options. The world class ski slopes of Squaw Valley and Northstar are minutes away and just over Brockway Summit is Lake Tahoe. The area offers skiing, kayaking, fishing, boating, hiking, biking, and more. Lahontan is a thoughtfully crafted 900-acre resort community comprised of meadows and mountains, stands of towering pines and nestled in the scenic Martis Valley, just south of Truckee. Designed as an exceptional golf and living experience, this gated community is home to an 18-hole championship golf course and a 9-hole par three course, a lodge with fine dining, day spa and fitness center. Camp Lahontan amenities include a swimming pool, lap pool, jetted spas for kids and adults, tennis courts, lawn games, sand volleyball court and Gooseneck Reservoir. Explore walking paths and nearby hiking trailsand discover native flora and fauna.

This unique lot offers breathtaking views of the mountains surrounding Lake Papineau, providing an unparalleled opportunity for self-construction in a serene and natural environment. Enjoy shared and notarized access to Lake Papineau, just a one-minute walk away. As a navigable lake, it allows for motorized boats, making it ideal for water enthusiasts. This project promises an exceptional living environment, combining nature and tranquility--perfect for a high-quality residential development. Several lots of varying sizes are available. Contact me for more information. (Lot#11)

This unique lot offers breathtaking views of the mountains surrounding Lake Papineau, providing an unparalleled opportunity for self-construction in a serene and natural environment. Enjoy shared and notarized access to Lake Papineau, just a one-minute walk away. As a navigable lake, it allows for motorized boats, making it ideal for water enthusiasts. This project promises an exceptional living environment, combining nature and tranquility--perfect for a high-quality residential development. Several lots of varying sizes are available. Contact me for more information. (Lot#9)

Lot 07 is carefully nested above Playa Gringo within CalaSol , an exclusive residential enclave of only 32 homesites , located on Costa Rica’s prestigious Golden Coast of Guanacaste . Spanning 1,554 m² and situated at approximately 92 meters above sea level , this lot offers a truly unique residential experience defined by privacy and natural surroundings. Its greatest asset is its privileged natural setting, as it is immersed in the forest and directly borders the protected reserve area , ensuring tranquility, privacy, and an authentic connection to nature. Rather than wide-open panoramic views, Lot 07 provides a sense of secluded sanctuary , where the sounds of the forest, gentle ocean breezes, and the nearby presence of the sea create a calm and balanced atmosphere. It is ideal for those seeking a conscious lifestyle surrounded by native vegetation, while still remaining close to the coastline. The generous size and characteristics of the lot allow for the design of a residence that integrates seamlessly with the landscape, prioritizing open spaces, terraces, and architecture that harmonizes with the forest and protected surroundings. Why Lot 07 Elevated location nestled above Playa Gringo 1,554 m² of spacious, highly usable land Direct adjacency to a protected natural reserve Forest setting that ensures privacy and immersion in nature Peaceful environment within a low-density residential development CalaSol – A Private Coastal Sanctuary CalaSol is more than a residential project; it is a thoughtfully planned coastal enclave designed to live in harmony with nature. Located in a secluded cove above Playa Gringo, the development blends privacy, conscious design, and a refined yet relaxed lifestyle. Development highlights include: Limited collection of only 32 residential homesites Private, gated community with fee-simple ownership Low-density master plan guided by the natural landscape Exclusive Beach Club with direct beach access Amenities focused on wellness and outdoor living Secluded living just minutes from beaches, dining, and services Location & Accessibility Despite its tranquil, nature-focused setting, CalaSol offers excellent connectivity: Close to beaches, restaurants, and essential services Approximately 45 minutes from Liberia International Airport Convenient access to medical services, shopping, and private bilingual schools A Rare Nature-Focused Opportunity Lot 07 at CalaSol presents a rare opportunity to build a private residence immersed in the forest, bordering a protected reserve, within one of Guanacaste’s most exclusive coastal developments. Contact us for more information or to schedule a private showing.

Lot 11 – Where the Sun Meets the Horizon , CalaSol Lot 11 is set within the gentle hills of CalaSol , an exclusive residential enclave of just 32 oceanview homesites , perched above Playa Gringo on Costa Rica’s coveted Golden Coast of Guanacaste . Situated at approximately 87 meters above sea level and spanning 1,248 m² , this lot offers expansive northwest-facing Pacific Ocean views , perfectly positioned to capture Costa Rica’s iconic sunsets. From this privileged vantage point, the ocean unfolds toward the horizon, creating a captivating panorama where sea, sky, and coastline come together in natural harmony. The setting is calm and refined, enhanced by constant ocean breezes and the ever-changing colors of the sky, making it ideal for those who value privacy, tranquility, and a deep connection to nature. Why Lot 11 Open Pacific Ocean views with a northwest-facing orientation 1,248 m² of gently contoured, highly usable land Ideal elevation to capture ocean breezes and panoramic views Private and peaceful setting within a low-density development CalaSol – A Private Oceanview Sanctuary CalaSol is more than a residential project; it is a thoughtfully planned coastal sanctuary designed for those seeking balance between nature, privacy, and refined living. Located in a secluded cove above Playa Gringo, CalaSol offers a rare blend of elevation, ocean proximity, and conscious design. Development highlights include: A limited collection of only 32 oceanview homesites Private, gated community with fee-simple ownership Low-density, nature-driven master plan Exclusive Beach Club with direct beach access Lifestyle and wellness amenities designed for everyday enjoyment Secluded living just minutes from beaches, dining, and essential services Location & Accessibility CalaSol combines peaceful seclusion with excellent connectivity: Close to beaches, restaurants, and premium lifestyle amenities Approximately 45 minutes from Liberia International Airport Convenient access to medical services, shopping, and private bilingual schools A Timeless Opportunity Lot 11 at CalaSol offers an exceptional opportunity to build a custom oceanview residence in one of Guanacaste’s most desirable coastal settings, combining lifestyle, privacy, and long-term value. Contact us for more information or to schedule a private showing.

Exceptional Property with Endless Ocean and Volcano Views – Nacascolo, Guanacaste, Costa Rica Located in the heart of Guanacaste, within the sought-after area of Nacascolo, this truly remarkable 387.5-hectare property offers breathtaking, uninterrupted panoramic views of the Pacific Ocean and the majestic Rincón de la Vieja Volcano. An extraordinary property where natural grandeur meets visionary development potential. Bordering the Santa Rosa National Park, this property enjoys a protected natural setting rich in biodiversity and pristine landscapes. The area is renowned for the iconic Peñas Brujas surf break, as well as for its untouched nature, tranquility, and striking scenery that define the authentic Costa Rican experience. The property features: • A natural lagoon, true ecological treasures • An extensive network of forest roads, providing access and exploration throughout the land • Multiple strategic viewpoints, ideal for high-impact, view-oriented development • Rich and diverse wildlife and flora, emblematic of the region This property offers an exceptional opportunity for the development of a luxury eco-hotel, a conscious community, a wellness retreat, or a residential project, guided by a strong vision of environmental protection and harmony with nature. Strategically located: • Less than 40 minutes from Daniel Oduber International Airport (Liberia – LIR) • Approximately 30 minutes from the Papagayo Peninsula, home to world-class resorts, marinas, and beaches • Close to essential services, while preserving a rare sense of privacy and tranquility More than just land, this property represents a long-term vision and a unique investment opportunity in Costa Rica, one of the most stable and sustainability-focused countries in the region. A true natural gem, ideal for visionary investors and developers seeking to create a landmark project that respects the environment and delivers lasting value. Private titled property-Not a concession.

Coral Santa Teresa, is a 39 Gated Community Development Land with Permits in one of the best and desirable beaches in the Nicoya Peninsula. Truly a one a kind opportunity!

Lot 16 – Where the Sun Melts Into the Sea , CalaSol Lot 16 is a standout homesite within CalaSol , an exclusive residential enclave of just 32 oceanview lots located above Playa Gringo on Costa Rica’s sought-after Golden Coast of Guanacaste . Set at approximately 100 meters above sea level and spanning 1,235 m² , this lot offers expansive west-facing Pacific Ocean views , capturing breathtaking sunsets where the sun appears to dissolve into the sea. Its well-balanced, build-ready topography makes it ideal for designing a custom residence that maximizes natural light, ocean breezes, and panoramic views. Why Lot 16 Prime elevated position with open, uninterrupted ocean views 1,235 m² of usable land, ideal for a luxury single-family residence West-facing orientation for year-round sunset views Private and tranquil setting within a low-density development CalaSol – A Private Oceanview Sanctuary CalaSol is more than a residential project; it is a thoughtfully designed coastal sanctuary that blends nature, privacy, and refined living. Nestled in a secluded cove above Playa Gringo, CalaSol offers a rare combination of elevation, proximity to the ocean, and conscious, low-impact design. Project highlights include: A limited collection of only 32 oceanview homesites Private, gated community with fee-simple ownership Low-density, nature-driven master plan Exclusive Beach Club with direct beach access Wellness and lifestyle amenities designed for everyday enjoyment Secluded living just minutes from beaches, restaurants, and essential services Location & Accessibility Despite its peaceful and private setting, CalaSol is conveniently located: Minutes from beaches, dining, and lifestyle amenities Approximately 45 minutes from Liberia International Airport, offering direct flights to North America Close to medical services, private bilingual schools, and shopping A Timeless Opportunity Lot 16 at CalaSol presents a unique opportunity to build a custom oceanview home in one of Guanacaste’s most desirable coastal settings, combining long-term value, lifestyle, and true connection to nature. Contact us to learn more or to schedule a private showing.

5 minutes from Lamotte Beuvron and the highway exit, fully enclosed hunting territory covering 47 hectares with a wild pond and a wooden hunting lodge equipped with water and electricity. The predominantly wooded area, very well arranged by the owner, houses many wild boars; the hunting plan also offers 4 deer. You will appreciate the fish-stocked pond of one and a half hectares. There is significant passage of all types of migratory birds in season.This description has been automatically translated from French.

RARE FIND 1.19 ACRE LOT IN THE HEART OF KILL DEVIL HILLS — SURROUNDED BY NATURE PRESERVES! Opportunities like this don’t come often on the Outer Banks. Tucked off Tenth Avenue yet just minutes from shopping, dining, and only a mile from the beach, this private, wooded parcel offers a one-of-a-kind setting for your dream home or investment property. Backing to the Nature Conservancy and Run Hill State Park, the lot is part of the Maritime Forest Environmental District—ensuring privacy, tranquility, and a backdrop of rolling hills, hardwoods, and protected natural beauty. This lot presents a rare combination of seclusion and convenience The development potential is impressive: the lot will support a duplex or single family home...SO many possibilities! Building plans, site plan, and survey are available upon request to make the process seamless. Whether you’re envisioning a primary residence, second home, or high-performing rental property, this is a rare Outer Banks opportunity in the heart of Kill Devil Hills. **ADJACENT LOT IS ALSO AVAILABLE

Positioned on the front line of the Pacific in Ostional, this exceptional 6,182 m² oceanview lot invites you to create something extraordinary. Set in Ostional, a simple and authentic beach village known for its raw beauty and world-class surf, this property offers uninterrupted ocean views, privacy, and space to breathe without losing the relaxed spirit that defines the area. Here, life is beautifully uncomplicated. Wake to the sound of waves. Check the surf from your terrace. Walk down to the beach with sand still cool beneath your feet. Evenings unfold slowly, with wide Pacific sunsets melting into the horizon and the rhythm of the ocean in the background. Ostional is home to the extraordinary Ostional Wildlife Refuge, one of the world’s most important sea turtle nesting sites. During arribada season, hundreds of turtles arrive along the shoreline - a rare natural spectacle that reinforces the untouched character of this coastline. A short road leads directly to the beach entrance, placing surf breaks and protected sands just steps away. Small local restaurants and gathering spots are within easy reach, creating a walkable lifestyle that feels grounded, genuine, and deeply connected to nature. For those who envision something larger, adjacent land is available, offering the opportunity to expand while preserving privacy, openness, and the uninterrupted connection to the Pacific. This is barefoot luxury at its purest - oceanfront, unpretentious, and entirely authentic.

Welcome to a rare opportunity in one of Paramus' most convenient locations. Set directly across from Memorial School and Constitution Grove Park, this 15,338 sq ft lot (100' x 153') is a beautiful canvas for your future home. With its north facing frontage, the property is poised for a warm, light filled backyard retreat behind. Centrally located near Paramus Middle Schools, Paramus High School, shopping, parks, houses of worship, transit, and major highways, this lot offers both everyday convenience and a sense of neighborhood charm. One of four subdivided parcels, this particular lot features the largest building footprint of them all. It is zoned R-75, single-family, with utility access at the street. Please note, this is a land sale only. The homes shown in the listing photos are for example purposes only and do not represent approved plans. Buyers should verify all details with Paramus zoning and building departments and consult with an architect to confirm exact building area and design possibilities. Don't miss out!

View lot in Alteza Estates

Discover an incredible opportunity to own five fully usable acres, already equipped and improved to jump start your next home, homestead or private compound. This property comes ready for immediate use, featuring a Celtic water well, electrical service with 220 volts, and septic system in place and permitted for a three-bedroom, two-bath setup, a massive advantage that saves significant time and cost. The land is sectioned for agricultural purposes, ideal for animals, farming or hobby agriculture. A front retention pond helps with irrigation and provides a natural water source for livestock. The pole barn offers excellent storage and includes full electrical, making day-to-day work on the property effortless. The entire parcel is fully fenced and gated for privacy and security. Whether you're looking to build a primary residence, create a family compound, establish an agricultural operation, store equipment or bring your animals, this property is equipped and ready. Rare to find acreage this prepared, all that's missing is your vision.

Rare Waterfront Opportunity on Bungay Lake! Discover the perfect canvas for your dream home on this .39-acre lot with direct access to beautiful, fully recreational Bungay Lake. Whether you envision peaceful mornings on the water, weekend boating and fishing, or a year-round retreat surrounded by nature, this property offers an exceptional blend of privacy, tranquility, and convenience.The lot provides generous frontage, mature trees, and stunning water views—an ideal setting for creating a custom lakefront lifestyle. Enjoy the serene environment while still being close to Mansfield’s commuter rail, shopping, schools, and major routes. Opportunities like this rarely come available. Bring your builder and imagine the possibilities! Bonus: An additional ½-acre lot on the island in Bungay Lake is also available for sale.Buyers and agents to perform due diligence.

Do not miss this incredible opportunity to own a stunning 1.585+/- acre lot in the highly sought-after Nantahala Gorge area! Surrounded by the natural beauty of the Nantahala Mountains, this gorgeous property offers breathtaking mountain views and the perfect setting for your dream home or getaway retreat. A two-bedroom septic system is already installed, saving you time and expense as you begin building. The property offers the option of a shared well or the flexibility to drill a private well to suit your needs. Enjoy easy access to world-class whitewater rafting, hiking, outdoor adventure and all the recreation the Nantahala Gorge is known for—while still enjoying the peace and privacy of mountain living. Priced to sell, this is a rare opportunity to secure premium acreage with spectacular views in one of Western North Carolina’s most desirable outdoor destinations.

Unique Ocean Development. We believe this will not ever happen again. A development of 10 lots (now only 5 available) located on a bluff dominating the Pacific Ocean. Land along the ocean is regulated by the California Coastal Commission and so it is extremely difficult to build along the ocean. Ohlone Point represents the culmination of many years of working with local authorities and interest groups to get the necessary permissions to create this unique development. Ranging from 1.2 to over 2 acres, each avails of breathtaking, unobstructed, ocean views for miles up and down the California Coast. Each lot is already set up with paved, beautifully lit streets, driveway entrances, public city sewer, city water and PG&E. Minutes away from the sands of Rockaway Beach and local beachfront restaurants. A haven with the most stunning ocean views, backing onto hundreds of acres of open space, yet only a short drive to downtown San Francisco, SFO Airport, Sand Hill Road, Stanford and the Peninsula.

This is the one. The last remaining lot of its kind in The Cottonwoods with unobstructed views of Snowbasin. Perched above the Mountain Green Airport with no backyard neighbors, this rare parcel offers the privacy and elevation that define exceptional mountain living. Previous home build plans have been drawn and are ready for your vision. Available upon request. Utilities have been stubbed to the property. Build the custom mountain home you've been dreaming of. Wake up to stunning Snowbasin views and enjoy evenings on your future deck overlooking the valley below. Minutes from Snowbasin and Wasatch Peaks, a short drive to Pineview Reservoir, 40 minutes to Powder Mountain, and 45 minutes from Salt Lake City International Airport. Private community trails are right out your front door for mountain biking, hiking, and daily walks. This is Mountain Green living at its finest.

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Welcome to 34 Camino Alazan! One of the finest residential lots in all of Las Campanas, this extraordinary residential homesite, perched high above it all, sited on a superior, elevated view lot, this massive 4.88 homesite impresses with both espansive Sangre de Cristo and Jemez Mountain views. Located within the highly coveted Tesero Enclave neighborhood, within the famed community of Las Campanas, this expansive lot offers unobstructed, dramatic vistas of both the Jemez and Sangre de Cristo ranges, capturing the full spectrum of New Mexico’s legendary daily sunrises and sunsets. This unique view lot offers an extraordinary opportunity for the most discerning buyer to build the ultimate Santa Fe luxury residence. Quarterly HOA fees cover 24-hour security within the subdivision, EMT services, gated entrances, road and common area maintenance. Membership is optional and by invitation only to The Club at Las Campanas.

A rare opportunity to acquire one of the largest residential parcels currently available within a gated community in Cartago. Located within the exclusive Condominio Venecia in San Rafael de Oreamuno, Venecia Grande Estate comprises 4,162.07 m² of predominantly flat land, presenting a rare combination of privacy, convenience, development versatility, and enduring investment value. Positioned just minutes from downtown Cartago and adjacent to the Tecnológico de Costa Rica (TEC), one of Central America's leading public universities, the property enjoys immediate access to commercial services, healthcare facilities, educational institutions, and major transportation routes connecting Cartago with the Greater Metropolitan Area. What truly distinguishes this offering is its versatility. Whether envisioned as a private estate, a multigenerational family compound, or a boutique residential development, the property provides a highly adaptable platform within a secure and established residential environment. The land allows for future subdivision into parcels of no less than 500 m² each, creating an attractive opportunity for investors and developers seeking a limited-scale residential project in a market where parcels of this size within gated communities are becoming increasingly scarce. Adding further value, the property already benefits from key due diligence milestones having been completed, including: • 4,162.07 m² (44,800 sq. ft.) of land within a gated community • Predominantly flat topography • Subdivision potential (minimum lot size of 500 m²) • Water availability • Electrical availability • Approved land-use certification • Ready for transfer and development planning • 24/7 security within Condominio Venecia Beyond its development potential, Venecia Grande Estate offers a lifestyle defined by convenience and connectivity. Residents enjoy proximity to Cartago's urban amenities while remaining surrounded by the tranquility, security, and natural beauty that characterize the eastern region of Costa Rica's Central Valley. Properties combining this scale, location, development flexibility, and readiness for execution are increasingly difficult to find, positioning Venecia Grande Estate as both a compelling lifestyle acquisition and a strategic long-term investment.