It seems that I'm not the only one who thinks investing in land can offer protection against the possibility of an even greater economic downturn in the Eurozone:
"From a personal investing perspective, therefore, it is advisable that
one consider holding at least some small part of their assets in “hard
asset” alternative investments such as precious metals, oil,
agricultural land, and others. These hard assets can act as a hedge
against inflation, thereby offering some protection from the worst
effects of massive QE."