Shelter is one of the most basic human needs everywhere in the world. The shortage of suitable accommodation in Africa is pushing up rent and property prices in several cities and towns across the continent, making it one of the hottest and most promising places in the world for real estate investment.
Become a Landlord notes that the boom in Africa’s real estate market is a juicy opportunity for entrepreneurs to exploit and become successful property owners. The following are some of the reasons why investment in real estate is attractive.

Provides steady cash flow

When you buy or build a house, and rent it out to tenants, that property starts to earn you rental income (monthly or yearly depending on the contract with your tenants). With the high demand for accommodation and growing inflation, rent prices are always on the rise. Higher rent prices mean more income for you, the landlord. Compared to other investment options, the income from real estate is the most steady.

For For instance, the amount of dividends paid by many companies often fluctuate and may not be paid every year. Bank savings (another form of investment) usually attract interest payments that may be steady but are often very small compared to the returns you can get from investing in real estate. Because the income from real estate investment is steady and predictable, you can plan better. Rental income is also great for people who are planning for retirement.

Usable as loan collateral

Collateral is one of the biggest obstacles faced by entrepreneurs in obtaining a bank loan to start a new business or acquire property (such as a factory, machinery or equipment), especially in Africa. When banks ask for collateral, they want something that is equal to or greater in value to the loan amount you are asking for. Banks usually prefer real estate as collateral because it is known to continually appreciate in value.

Unlike your car which loses value every day, the value of real estate properties are more likely to grow. And compared to stocks (which some banks accept), the value of a property cannot vanish overnight. As a result, an investment in real estate means that you can use the properties as leverage to get a loan from a bank and other lenders. Only very few other investments can give the kind of leverage that real estate can.

High return on investment

Real estate always grows in value, especially in developing regions like Africa where the property market is not as matured like in North America or Europe. Lagos, Nairobi and Luanda are some of the African cities that are currently rated as hot property markets. Due to the huge demand for shelter in many African cities, the returns on real estate investment are one of the highest in the world.

Although buying and selling of real estate should not be your main investment goal, it is your insurance that should you need to sell your property sometime in the future (for whatever reason), you will still make a handsome return. You can earn rent income for many years or you could sell the property. Either way, you make money and earn a profit on your real estate investment.

Low risk investment

We have heard of stock market crashes and banks going bankrupt. Although real estate values often fall, it is not usually a very bad situation. In fact, even when property values fall, you would still earn rent income from the property. On the other hand, real estate is physical and tangible compared to stocks, bonds and many other intangible forms of investment. Both in times of high inflation, economic boom and bust, real estate investments remain robust and will most likely continue to earn you income. Very few other investment options can do the same.

Shelter as we all know is a basic human requirement. In Nigeria where this has become more of a luxury, most people are desperate to own their own personal homes. This situation has made a lot of people fall prey of land speculators (omo onile) and realtors most especially in urban areas. Quite a number of people who have spent money on landed property, have become victims of fraudsters in situations where the supposed owner of the piece of land was not the actual owner or where a piece of land was sold off to several buyers. Experts say that this is not only peculiar to individuals, but that it also happens to corporate bodies as well. Below are a few steps to take before making that payment.

LOCATION
A very important factor to guide planning should be that a prospective buyer should have a location in mind. This will let the prospective buyer have an insight into the amount the piece of land will cost, the class of people he/she wants to live among and the minimum lot required for his/her building. Some folks buy land for investment, if so, a buyer must evaluate the potential growth in investment at a location he/she intends to buy. It is estimated that the range of growth in investment is usually between 5% and 30%, so be wise and choose good locations.

DEVELOPED/UNDEVELOPED AREA
Experts say that lands in developed areas are lands that already have road networks, water mains, electricity, drainage and other basic utilities within them. Undeveloped areas, however, lack most of the basic utilities within them. They say that a prospective buyer or an estate investor must understand what it takes to buy a piece of land in an undeveloped area, as the total cost of developing such land could be much higher than that of a developed area. The ability for you to be able to identify the capital available for spending is important to determining the type of property that suits your project best, experts say.

INVESTIGATE AND VERIFY THE TRUE OWNER
Hasty purchase of a piece of land must be avoided at all costs, say experts. They advise that an investigation should be done and a number of visits made to the piece of land before parting with your money. There are lots of illegal dealers and land speculators in urban areas when compared to rural areas, these people should be avoided at all cost. Experts note that it is difficult to know genuine landowners. However, a proper investigation involving the appropriate professionals and authorities in the industry will be of valuable help. Conduct an extensive search on the ownership of the piece of land, a process by which you verify from the state government if the piece of land is within government acquired land or not and if there is any pending litigation on the piece of land. They say you should involve a lawyer and only pay when you are fully satisfied with documentation and other things.

GATHER ALL THE RIGHT DOCUMENTATION
Once payment has been made to the landowner, you need to collect a purchase receipt, a contract of sales and originals of other relevant documents from the landowner. If the piece of land already has a Certificate of Occupancy (C of O), good for you, you already have the approval of the State Governor. If not, then you need to start the process of obtaining your own C of O as soon as possible. This legally makes you the owner of the piece of land in the eyes of the law.

PREVENT ILLEGAL SALE OR OCCUPATION
You have paid for the land and obtained a C of O and so the land is legally yours, however, beware of illegal sale and occupation of your land. If you do not start any type of development on your land, land speculators or fraudsters may sell the land to other people or an illegal occupier may start development on the land and claim ownership. In Nigeria, legal proceedings on land disputes can take decades before a judgment is reached. So, to avoid any legal disputes, start some kind of development on your land as soon as possible. You can demarcate your land by constructing a fence around the area to highlight the boundaries of your piece of land. If you do not have the funds to develop the building you intend to develop on the land, you can build a small apartment and rent it out so that at any point in time, there is someone on the piece of land to monitor any illegal activities.
Well, I do hope that the few pointers above will serve as a useful guide when you eventually decide to go and purchase that piece of land you had always wanted. If you have any suggestions or need a property anywhere in nigeria; please feel free to leave a comment, thank you.

Contact 08134845536. Let me be ur guide while you want to invest in ibeju lekki

We are here to guide u on ur decision towards buying a property
Call or whatsapp us 08134845536. 08139590083

Invest in properties
Call or whatsapp 08134845536

We are here to guide you through your investment decision

Make an investment today

Invest in properties
08134845536

Invest in properties today

Available!

Invest in properties.

Contact us on 08134845536. For more information about our properties and their locations at:
Ibeju Lekki
Ikorodu
Attan Ota
Asaba
Awka
Owerri.

[color=#990000][/color]Our properties are genuine and accredited by our clients worldwide. Join the moving train. Invest in properties.

Invest in properties

Contact us for genuine lands at
Ibeju Lekki
Ikorodu
Attan Ota
Asaba
Awka
Owerri

https://becomealandlordnigeriaproperties..com

Call or whatsapp 08134845536

We have got you covered on genuine lands with good documents at places like ibeju lekki ikorodu, attan ota, asaba, awka, owerri and Enugu.

Come and inspect our properties.
Call or whatsapp Mr David on 08134845536

The year is gradually coming to an end and this is the time some people spend crazily on pleasure especially spending on things they necessarily don't need... Don't spend your money like that.
Invest that money on properties and watch ur investment sky rocket.

We have got awesome locations to acquire a piece of land.
Call or whatsapp Mr David on 08134845536.

08134845536

The year is gradually coming to an end and this is the time some people spend crazily on pleasure especially spending on things they necessarily don't need... Don't spend your money like that.
Invest that money on properties and watch ur investment sky rocket.

The year is gradually coming to an end and this is the time some people spend crazily on pleasure especially spending on things they necessarily don't need... Don't spend your money like that.
Invest that money on properties and watch ur investment sky rocket..

Let this New Year be one, where all your dreams come alive,
So with a delightful heart, put a start to this year anew.
Wishing you a happy, prosperous New Year 2019.
*Mr David*

Our team works makes your dream work.
Stop procrastinating... invest in properties today.

Call or whatsapp us today on 08134845536.

Invest your money in properties

We have got great Location for commercial and residential purposes.
Call us today for your own plot.

Never under estimate the power of little steps ..... little drops of water can make an ocean .
Take that step today

Investing in real estate can serve as that your desired retirement plan.

What will you be getting for your spouse for Valentine? Some will go all out to even buy a landed property as a token of love.
Call us today for genuine lands 08134845536

The end of the 1st quarter of the year is fast approaching, have you gotten that property yet?

This month, we will experience open heavens and bountiful harvest in Jesus name.
Amen.
Happy New month of March
David

Secure your future today