Real estate is one of the
property investments around. Everyday buildings her sold and bought. Money and
value are realized during the exchange. It is a great business to invest in.
There are many Nigerians reaping from this great property investment.
Real estate is simply
defined as a piece of property like a land, land with crops on it or building
on a land. From this definition, there are many ways we can realize profits
from real estate. And there are many ways it pays benefits.
1. It can be used as
collateral to receive loans for other needs.
2. It is a profitable long
term investment. As the number of years of
investment increases, there is always value added to it.
Everybody dreams to be a
landowner in Lagos despite still being in a rented apartment. It is extremely
important or a thing of pride if you have a property in real estate. It gives
you confidence and be reassured that you are planning for a good retirement.
Money or investments available are respected than money that has been spent
regardless of the sum of the money.
Investment in real estate
is the best gift you can give to yourself and your kids. The times we are now
in is challenging. Salaries are been cut every time, and a dream of a good
retirement is hopeless. The best way out of this unsure moment is to invest in
real estate when your hands and legs are still strong to work. There are
available lands everywhere in Nigeria. There is development every day, and urban- rural migration is still on the growth.
This proves that no matter where you invest in real estate, within a few
numbers of years to come, development would surely catch up with the locality.There
are surely many ways of investing in real estate in Nigeria that is profitable:
1. Buy a piece of land: buying a piece of land is the most popular means of investing in
real estate. A fallow land is a piece of property which could be utilized for
anything. You can purchase a piece of land to resell later after some years or
for constructing a building on it. It would do you a great purpose of
satisfaction and confidence for your future. It is really important you obtain
genuine and original documents for the land.
2. Buy a piece of land for
agricultural activities: agriculture business is
now booming, and a lot of export
businesses are increasing every day. If you purchase a large expanse of land
for agricultural activities, it is a multipurpose investment you have made. The
crops can serve your sustenance needs. It can be sold to local markets and
wholesale. Additionally, you can use the land for whatever purpose anytime you
want.
3. Buy a large expanse of land to own
an estate: the major towns
and cities in Lagos and everywhere in the country are getting congested. You
can join private companies that are buying large expanse of land in the suburb of cities and towns. Many Nigerians
are looking for an easy and stress-free
process of buying a piece of land. Investing in this way is really profitable.
4. Developer: a developer simply rehabilitates or reconstructs a building just
for the purpose of renting or leasing for a particular
number of years. If you are a civil engineer, architect or town planner,
this is a type of business you can add to your profile.
5. Flat to let agent: you can start a business in
real estate by just helping people looking for an
apartment to live get
satisfaction. You can prove your presence by getting a business name and
getting an office in the area you know well. The foremost thing is to make sure
you can get the trust of landlords and caretakers for them to engage your
service.
6. Buy a land to build an event center: event
planning jobs are very popular in Nigeria. It shows you that people are getting
married every time. It would serve you a profitable purpose if you can build an
event center for rent. There are lots of events that can be done there. Examples are
seminars, wedding parties, annual general meetings and other events.
7. Buy a land to build an
office complex or skyscraper: this is a great investment that requires the best professionals
to construct. The investment would yield profitable returns for you in the long run.
8. Facility Manager: most complex, estates, skyscrapers and big farms need facility
managers to run it. Acting as a facility manager makes you a solution provider
for the maintenance of buildings, workplace, and you can also act as a health
and safety officer if you have the skill and training.
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