28/09/2022
DID YOU KNOW ?
The real estate sector In Nigeria is rapidly growing and investors are cashing out big time? Here are 5 reasons why you should invest in Real estate
1) Real Estate Appreciates over time
Land sold for #300,000 five years ago will presently be worth millions of Naira. For example, a plot of land in
Epe goes for around #100,000 - #300,000 less than ten years ago. Presently, the price has
skyrocketed to almost 1 million - 10 Million, depending on the location.
The reason for the increase in the price of undeveloped land boils down to appreciation.
Real estate appreciates over time. Even lands that seem useless in the initial stage will rise in value over time.
2) Good source of income
I know you have other sources of income, but you want to earn more money, you have a good option in real estate. You do not have to leave your job to make more money in the real estate industry. Buying properties and renting the property out allows you to earn money monthly or yearly.Depending on where the property is in Nigeria, the amount you can earn on each property varies.
3) It's a safe Investment
Real estate investment is one of the safest forms of investment. In the market, investments are affected
directly or indirectly by environmental factors, but the impact on real estate is often positive. Nigeria has battled and is currently battling with recession. The recession has affected the economy in so many ways.
Nonetheless, property owners in the real estate industry have seen the value of their properties rise significantly.
The risk attached to real estate is also low compared to other forms of investment. Real estate investment is more stable and does not drop like shares that can be high in the morning and drop in value within hours. Real estate puts you in control
4) A solid collateral Access
There are several reasons why you might need a loan from a bank or other financial organization. One of the requirements to secure a large sum of loans is to have collateral. Having collateral minimizes the risk for lenders, and it helps remind the borrower that they have something to lose if they don't repay the loan.
If you have real estate property, you can effortlessly get a loan from your bank. Your property can stand as the collateral for the loan you want to collect. The higher the value of your property, the higher the loan
amount you can access.
5) Real Estate is Tangible
When it comes to investment that can be seen and felt, real estate investment takes the lead. When you invest in real estate, you can see the property you are buying. Personally inspect it and ensure that it meets your needs and feels good to you. One good thing about buying a property is that you can sell the property itself for money.
Take advantage of on going promo on properties. You'll be glad you did!
Call/dm Stephanie.....for promo sales and further enquiry on more properties ....09013937921...09097287869
Thank you for your time and attention 🫂
Do have a Lovely day 😊
