06/09/2020
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Real Estate is the largest asset class in the world, with a value of $217Tr in total (Savills Report โ around the world in dollars and cents). Of all this value, only 1% changes hand each year. This value is unevenly distributed, where the most substantial part is in America and Europe, 50 and 25% respectively.
In Nigeria the largest real estate deals are majorly in Lagos and Abuja. The last couple of years has seen the unprecedented rush for the acquisition of property on the Island particularly the Lekki-Ajah axis. This area is becoming saturated with all forms of real estate deals.
Recently, the Ibeju Lekki axis is beginning to gain attention of prospective investors and the advent of industrial investment โ the Free Trade Zone and Dangote Refinery - is helping to drive the value of real estate in that area of Lagos gradually beyond the reach of the common man.
Real estate ownership is a secure and value-appreciating asset, providing a stable and lucrative return on investment for those who own properties, and for those investing in the Lekki axis and beyond, the return on investment is even higher on the average.
Apart from real estate ownership, the trading of real estate, i.e. the buying and selling thereof, is a relatively safe form of investing oneโs capital. Value appreciation, capital growth and gains both in the short and long term make real estate trading a viable and lucrative investment option.
If you are thinking of investing in real estate in Lekki, it is time to turn your thinking into action. Time is of the essence. Investing in real estate is a good choice, choose rightly. You may speak to us on 08069041019.