03/11/2024
WHAT IS LAND BANKING???
Land banking in regular terms means the strategic purchase of Land in undeveloped/developing areas, after which a person waits a few years, then resells the land often with a substantial profit margin.
This is SMART INVESTMENT!
Now let's make this practicable.
If a person has an Investment budget of N1million and they purchase a parcel of land in a relatively remote area that has prospects of future development.
With all the documentation settled, the buyer then has to wait a couple years.
It's quite exciting how land appreciates!
The same land bought for N1million doubles or triples in value just over the course of a year or two! And if the investor chooses to sell at this point, they would have recovered the initial capital, with a few extra millions to spare. 😀
Now the smart investor,
REINVESTS the N1million capital into purchasing another 'remote' land and decides to wait even more years.
If at the end of 5 years, they decide to sell.
The land would have so appreciated that they could afford to sell part of of it and make enough returns to erect structures on the other parts if they decide to! 😲 💥
This 👆🏻right here is the business model of some silent millionaires that we admire.
They just buy land when it's cheap, sometimes even pay by installment and then resell as the land appreciates.
Not everyone has the financial ability to launch full scale building constructions, but LAND BANKING as we have just described, is an investment model that just anyone can adopt.
Relatively easy to start even while working your regular job!
Don't you wonder why you haven't started this yet?
NB:
Now some tips on how to secure your Nigerian land while waiting.
▪︎Build perimeter fences on your land with a gate.
▪︎Start agriculture, either animal farming or plant farming. (Ensure the land isn't idle or lying fallow.)
■ Build a security house 🏠, either skeletal or complete.
However, when you buy from us at Crystal Link Properties Ltd be assured that your investment is secured.