No there would be no issue with your FBAR reporting if your balance in your foreign bank increases. However, you will have to report the sale on your US tax return.
As a US tax resident, you will need to declare your worldwide income each calendar year. If you sell the land while a US tax resident you will need to report the gain/loss on your US tax return.
The gain is calculated by translating the purchase price using the exchange rate on the date of purchase, the cost of capital improvements using the exchange rate on the date the improvements were made and the exchange rate to USD on the date of the sale.
There is a secondary calculation if you had a foreign mortgage on the on the foreign property you sell.
The Exchange Rate Gain from paying off a mortgage denominated in a foreign currency is treated as a separate transaction and is calculated by translating the amount of the loan using the exchange rate at the time the loan was originated and the exchange rate at the time the loan was paid off. The resulting “gain” is taxable as “ordinary income”
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