03/29/2022
Someone may be asking
Why do I need to invest on properties such as Lands and Building in Otukpo.
As we may know, Lands and Buildings are fixed with its Value appreciating over time especially when development comes within the locality where the Land or building are situated. A friend of mine bought a plot of Land 150m*100m in the year 2013 for #400,000. 7years down the line during the lockdown he divided land into 3plots 50m*100 which he sold 2plots that year for #450,000 and #500,000 to two different people. Remaining just one 50m*100m available for sales now at #700,000. Please take time to calculate his profit so far. And you will understand the need to invest on properties.
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