The Nigerian economy, going through her second
recession period in history, has witnessed a massive
crash in the price of stocks and shares in the stock
exchange market. Indeed, the real estate sector is not
exempted from this economic hardship. This is further
worsened by the fluctuation in the value of the Naira
against the Dollar/Pounds. Thankfully, there has been
an improvement in this regard due to the intervention
of the Acting President Prof. Yemi Osibanjo. This
fluctuation has made it difficult for some people to
consider the possibility of investing in real estate at
this time. It is thus safe to say that, with the current
low investment in the real estate sector, which has
seen housing prices dropping at near historical lows,
this may be the perfect time to invest in real estate.
The resultant effect of this is that there has been a
thinning out of disposable incomes of the bulk of the
citizenry.. And as such, purchasing power has
drastically reduced. Thoughts about real estate
investments seem more like luxury. Except the high end
citizens, and even these are few in number. Ironically,
real estate in most climes during recession periods do
not flow with the tide of ravaging inflations.. it is one
of the sectors that help maintain balance and sanity to
the economy. In economic recessions, the world over,
there seem to be more property agents (maybe due to
job losses) than actual would-be buyers. Elementary
economics states that whenever the supply is higher
than the demand, price begins to fall. An example of
this is the properties around the prestigious Chevron
drive in Lekki Lagos Nigeria. The prices of an average
detached 5 BR duplex ranges between #50-#60 million
both before and during this recession period.
In view of the above, investors may do well to consider
taking advantage of the cheaper property prices, and
the abundant array of great deals to be found from
motivated sellers, distressed sales, foreclosed
properties amongst other incentives, to increase their
real estate portfolio. As other investors are obliged to
sell their assets, this is an opportunity for potential
investors to step in and pick them up for a fraction of
their real value. The current economic situation
presents an opportunity for Nigerians in Diaspora to
invest in the real estate sector by acquiring more
properties back home, by searching out credible real
estate companies.


+2348023480776
info@naijapropertiesonline.com
www.naijapropertiesonline.com

Check out www.naijapropertiesonline.com for more details on your housing needs in Nigeria.


This four (4) bedroom duplex is up for sale (distress sale). Price is way below the market price and also negotiable.
Location: Lekki phase 1, Lagos.
call/WhatsApp: +2348075256644
info@naijapropertiesonline.com

lalasticlala mynd44 please move this to the front page.

This is a golden opportunity for serious minded investors..
cc Mynd44 lalasticlala

At www.naijapropertiesonline.com we care about your housing needs.

.

Real estate is now to be a huge money spinner... when invested in, rightly..

..