Real estate investing is a profitable business worldwide.
The only investment that comes close in profitability and sometimes beats
property investing is stocks investing.
So, there's no doubt about it . . ..
investment in real
estate pays big time. And unlike stocks, it's a far more stable commodity to
trade in.
Real estate investment Lagos Nigeria is far more profitable
than elsewhere because this is an emerging market. And there is little or no
government regulation in terms of pricing and property values.
Consequently, you stand a chance of making big money if you
invest right.
Here are five reasons why you should give real estate
investing serious thought.
5 Reasons Why You Should Get Into Property Investing
1. Property values appreciate fast
Property prices in Lagos Nigeria is constantly rising. For example a
colleague bought a land in Lekki for 5 million naira. About five years later,
the same land was worth 48 million naira+.
Property owners and landlords are constantly increasing
prices and rent. Therefore, any money you put in Lagos Nigeria real estate is
money well invested.
2. Lagos Nigeria is the commercial nerve centre of Nigeria.
It is the centre of
commerce. Businesses are everywhere . . . and more are coming. More businesses
mean better standard of living. And more people ready to buy property.
3. Lagos Nigeria is constantly expanding.
Lagos recently attained the mega city status. This means
that property you're buying that appear to be in the suburb, may soon become a
property in a commercial neighborhood.
That means more money for you because properties in that
area will appreciate in value faster than you imagined.
4. There is a ready market
Property ownership is considered to be the ultimate
achievement in African societies. You're not considered to have attained
something concrete unless you at least own a house.
This is good news for you the property investor. It means
you will always have ready buyers. Cool, right?
5. Money lose value over time.
If you keep your
money in a bank, inflation will eat away its value. Ten years from today, that
huge amount you have in your bank account will be worthless.
However, if you invest it in real estate, your investment
will take care of your retirement.
Real estate investing is actually a two-edged sword.
It helps you save money
It grows your money
A Word of Caution
Do not jump into property investing. First speak to an
investment expert.
A Lagos Nigeria property investment expert will carry out a
property appraisal to ascertain the true value of a property before advising
you to buy.
In addition, a home inspection expert knows the market. His
knowledge and experience can make the difference between being scammed by touts
or being blessed with a profitable property.
Spending your money carelessly?
Don't.
Invest it instead. That way you leave a legacy for future
generations. And they will love you for it.
Olaitan H Jinad
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