Most successful entrepreneurs are into the real estate business. It has been discovered over time that real estate is the only business sector you can become an instant millionaire and still remain a millionaire for years. Land investment has been helping people to be wealthy and also making them smile to the bank. More fortunes have been recorded to be made by owning Land in Lagos especially on the island.
What then is the secret of real estate?
Buy what others are selling and sell what others are buying.
No matter where you live, look for land where land is cheap and people are not buying. That same area people are complaining is far or underdeveloped, will soon be the center of a modern city. This scenario has played itself out countless times, take Victoria Garden City (VGC) Ajah, Lekki, Lagos for example. 20 years back, a plot of land was sold for less than 300,000 at these locations. Today, to own a plot of land at these places, you may have to cough out roughly 80 Million naira.
It is no doubt that the wealth of Lagos is moving to Lekki and its environs because of its huge potentials arising from its status as a Free Trade Zone, the very first in Nigeria.
The biggest benefit of owning land in Lagos is that its population keeps growing and this means land will keep appreciating over time. Especially those places people are moving to like Ibeju Lekki. This makes it the best money spinning business for you to invest your money in.
Here are three mouthwatering benefits of investing in Ibeju Lekki
- Properties within Lekki – Ajah area is reducing due to land shortage. Developers are being forced to move towards Ibeju Lekki axis. This will naturally fast track the appreciation of properties in Ibeju Lekki.
- Ibeju Lekki hosts several infrastructures and projects like Free Trade Zone, Dangote Refinery, New Lagos International Airport, Deep Seaport and Dangotes’ Jetty to mention a few. What gives value to a piece of land is the landmarks around it, these infrastructures will multiply the population, boost the economic activities, hence increasing the demand for land in that axis and hereby open you to a world of investment opportunities.
- The expansion of the existing Epe Expressway that links Victoria Island and Lekki to Epe with additional coastal road and a Marina will further open up Ibeju Lekki. This means there will be a steady and guaranteed appreciation of property values.
Now you see that investing in Ibeju Lekki will guarantee you huge returns on your investment. It is also important to note that not all lands in Ibeju Lekki is suitable for investment purposes because of their titles. Some lands are still not free from government’s acquisition, this is why it is necessary to buy your property from a registered and reliable company… Like Christal Homes.