As
with every investment opportunity, one has to be very careful. With
fluctuating economies and varying prices at different times- long term
investments are not for the faint-hearted. However, there is one sector
which proves to be very stable and almost risk-free and that is real
estate. There are so many reasons why real estate is the best place for
you to put your money.
First
of all, the demand always outweighs supply. Especially in emerging
markets like West Africa where industrial development is still ongoing
and the bigger players haven’t really taken over everything- its real
estate paradise. Because in a couple of years when these areas are have
reached their full potential, the prices of properties will skyrocket
and early buyers will be laughing to the bank. Also, the migration to
these areas is massive; of course all these people moving in would need
houses to live in. Even as it is now, people pay huge amounts as rent in
areas like Lekki where the Lekki Southern Villa and Pen
gardens are located. Think about in 5 years when the Free Trade Zone
would be functional and the Airport would have started operations- the population would triple and quadruple.
Secondly,
it always increases in value. It has never happened where landed
property retrogressed in value- at worse it just stays static. In real
estate, there is nothing like second hand value. It’s always first hand-
even after being used for years. It’s vintage.
Third,
it is the lowest risk investment on earth. Like Louis Glickman once
said, “The best investment on earth is earth” Land you buy isn’t going
to break down or start malfunctioning after some months.. Your house the
one you build, wouldn’t require you taking it to the mechanic every 3
months, it isn’t going to suffer a system crash because viruses attacked
it. At worst, you just have to renovate it every few years. You get it,
right?
Lastly,
you shouldn’t be paying more than one million naira as house rent
annually when you can actually own land with Sent from Pennek Nigeria
Suite J236, Road 5, Ikota Complex, VGC, Lagos.
HOTLINE: 0700PENNEKNIG (0700736635644)
08186692072,08122493114
08032692422,08122493117
+14322530250
Suite J236, Road 5, Ikota Complex, VGC, Lagos.
HOTLINE: 0700PENNEKNIG (0700736635644)
08186692072,08122493114
08032692422,08122493117
+14322530250
17 comments:
Hmmm i think i will buy one soon
Ok,cool
If I hear
That's good to know!
Aunty linda....
That's good to know!
Aunty linda....
Ok
#it WiLL only gEt beTTer
#it MuSt EnD iN PrAisE
a.k.a EDWIN CHINEDU AZUBUKO said...
.
Making sense......
.
.
***CURRENTLY IN JUPITER***
Hmmmm. Really, real estate is the best thing to invest in.
It hardly goes wrong.
Sincerely speaking the mind of Amadioha
Seen
Okay seen...
#TeamBlessed#
Okay seen...
#TeamBlessed#
Issokay seen, thanks for the info. Linda take note!
Issokay seen, thanks for the info. Linda take note!
Issokay seen, thanks for the info. Linda take note!
You must be funny to say.so are you wishing me to die by buying a land in lekki were 75 percent of evil always take place.if not flood is building collaps if not it is assault if not it is robbery attack if not it is fire.
I will buy a land at lekki the day that muslims will be wipe out.
#sad indeed
You must be funny to say.so are you wishing me to die by buying a land in lekki were 75 percent of evil always take place.if not flood is building collaps if not it is assault if not it is robbery attack if not it is fire.
I will buy a land at lekki the day that muslims will be wipe out.
#sad indeed
Slave Zina..shut your wretched mouth up...na poverty go finish you..where do u stay by the way? some dilapidated shantytown I guess...if not you wont be hating on more prosperous areas..miserable dummy
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