Are cemeteries a good investment?

Baron says cemetery real estate is a really good investment. Demand is steady, and supply is always decreasing. After all, once people move into a cemetery they don’t leave. So even in less expensive cities grave plots start at around $1,500.

Is it profitable to own a cemetery?

But it’s difficult to ascertain the margins of profit owners, especially considering it can take so long to recoup the initial costs. Still, it’s clear that there is money to be made from death. The average salary for a higher-up in a cemetery is about $76,000.

What is a grave plot worth?

The cost of a burial plot depends on several factors. The kind of space, type of cemetery, and where you live all play a role in how much you’ll pay. On average, burial plots for caskets range from $525 to $5,000 and $350 to $2,500 for cremated remains in urns.

Can you invest in cemetery plots?

Investing in burial plots may be a source of income in difficult economic times. “Burial rights brokers” have established a niche in what might humorously be termed an “underground” market. The niche market is regulated by some state agencies and falls under the aegis of the Federal Trade Commission’s “Funeral Rule.”

Is a cemetery a good business?

As a result of the level of care required to maintain the cemetery to Lowell’s standards, plots can run as high as $360 for the least expensive plot on site, while others can run as high as $600. People might say that they’re in the business of making money, for-profit cemeteries,” Lowell said.

What is a grant of exclusive right of burial?

The Registered Owner of the Deed of Exclusive Right of Burial has the automatic right to be buried in the grave; they may also allow others to be buried in the grave (space permitting). They do not, however, own the land itself. The ownership of the cemetery land remains with the Council.

Can you sell a burial plot for a profit?

Yes, you can sell your burial but you need to check with your state’s comptroller about the transfer of plot regulations. The burial plot brokerages are unregulated in the US but some states require the deed holder to sell their plot back to the cemetery before selling privately.

Can you finance a burial plot?

Frequently, when making pre-arrangements, purchases before a passing, the purchase of a cemetery plot can be financed over time with favorable interest and financing terms. If a death has already occurred, cemeteries require that payment be made in full prior to a burial.