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The Value Of Real Estate Investmeñt. - Properties - Nairaland

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The Value Of Real Estate Investmeñt. by RehobothRealtor: 6:00pm On Dec 02, 2017
One of the best places to buy land in the whole world, in fact the best place to buy land in the whole world, in terms of value is right here in Lagos Nigeria. The most expensive land in the world is right here in Ikoyi and Banana Island... That’s not conjecture, that’s fact, economic fact. Lagos is growing by 6000 people daily, that is nearly 2 million people every year. It means Land is becoming scarce, that is, if you buy land today, tomorrow your land will be worth very much money. You may not be able to afford Banana Island or Ikoyi right now, but please go to Ibeju lekki, ireakari, Egbeda, Sanusi, Shangisha. Go and buy land somewhere quickly because God transfers wealth by giving you land. After a period of time after you’ve bought the land, He increases the value of the land, because you being on that land adds value to it, as a result, more people want to come. Anytime there is a major wealth transfer in the Bible, He gives the people He’s transferring wealth to, land. You have nothing in terrestrial terms unless you have land.

My father bought land for something like £2000, nearly 50 years ago on Victoria Island. It was federal government or Lagos state government allocation on Akin Adesola. From the revenue he generated from building the house for free, because G-Cappa built it for him for free and collected the rent for 5-10 years and that was the payment for the house. That house or the two houses he built there paid my education and my brother’s education in the finest schools in the world… After it paid for my education and generated revenue, my family decided they were going to liquidate the property and they liquidated it and the value that came to me in my equity was phenomenal, from £2000, 50 years ago. It provided for me nearly the value of a million dollars.

You don’t know what land you buy today for peanuts that will be millions tomorrow for your children to inherit. With the city that is exploding so massively as far as population is concerned, today we are buying land and there is hardly any land to buy. Tomorrow we’ll be buying floors like they do in New York. What land costs today, floors will cost tomorrow and there will be 100 floors, 50 floors, and 20 floors and if you own the land underneath those floors, you are multiplying wealth for your children. They will be kissing your photograph whilst you’ve been in the grave for 5 generations saying: “Oh we bless God for great, great, great, great grandpa” while your bones are rotten in Ikoyi cemetery and your spirit is dancing on streets of Gold…

When you get land, it means God is securing your future, because real estate doesn’t just secure today, it secures tomorrow. My father bought land for nothing and it was not of much value then, but 50years later it’s worth billions. What you buy for millions today will be worth billions half a century from now, may be even less with the kind of population explosion that we have. Victoria Island: nobody wanted to buy land there, it was marsh, re-claimed land, but 50years later that property with buildings on it is worth a billion.

We bought for ₦25 million, 10 years ago; House On the Rock bought just under 10 acres of property on the Lekki Peninsula for our worship site... today, without the brick and mortar on it, that land by the valuers is valued at ₦3 billion. In other words, we’ve created an asset base with 10 years differential of ₦3 billion with just ₦25 million. When you put the building on it and is finished and furnished, they told me the value will be at least 10 billion naira today. What about 50 years from now?

The message was delivered by Pastor Paul Adefarasin.
Re: The Value Of Real Estate Investmeñt. by RehobothRealtor: 6:07pm On Dec 02, 2017
IMPORTANT FACTS ABOUT ELERANGBE AXIS OF IBEJU LEKKI

Ibeju Lekki is a wide expanse of land that hosts choice developmental projects such as the Lekki Free Trade Zone, Lekki Deep Seaport, Dangote Refinery and Petrochemical Industry, Dangote Fertilizer Plant, International (Cargo) Airport, Lekki International Golf Course, Pan Atlantic University, Eleganza Industries and many others. It is really a hot investment spot.
Ibeju Lekki is broadly divided into three principal locations. The locations are the Free Trade Zone Axis, the Eleranigbe Axis and the Lekki-Epe Expressway Axis.
We will take a look at the Eleranigbe axis of Ibeju Lekki. Here, we will examine the location and its unique offer for the real estate market.

Where is Eleranigbe?

Eleranigbe is located off Lekki-Epe Expressway, to the left, immediately after Pan Atlantic University and about 18 minutes’ drive from Abijo Bus Stop. It comprises of places like Okego Village, Tagbati all the way to Arapagi.

What Makes the Area Attractive?
Elerangbe offers the cheapest plots of land in Ibeju-lekki at present with plots selling for as low as N750,000 in some areas. Although this axis looks relatively undeveloped, the many proposed key developmental projects coming will open it up to rapid development. This is responsible for the growing interest by property investors. Some of the projects include:
The Lekki International Airport
The proposed Lekki International Airport is a $450million project located off Lekki-Epe Expressway towards Epe. It is about 4 minutes’ drive from Elerangbe. The Airport is planned to cover 3, 000 hectares of land.I am sure you know or you can guess how much a plot of land is being sold for around the MMA international airport at Ikeja so then imagine buying a land for 1.5m now and reselling at 50m in a few years. Yes it is possible and you can do it just make that vital decision now and watch your investment multiply tenfold.

4th Mainland Bridge

When completed in 2019 as promised by Governor Akinwunmi Ambode, the 37.9 kilometres 4th Mainland Bridge is principally meant to link Ikorodu and Ajah/Badore through the Elerangbe axis, traversing to North-West direction towards the Lagoon shoreline to Lagos-Ibadan Expressway. This is another reason Elerangbe is gradually becoming a choice location.
With the bridge in place, it means that residents of Elerangbe will have easy access route to the Mainland as well as other Island locations.

Free Trade Zone
At present, it may be hard to establish the possibility of Elerangbe benefitting hugely from the much talked about Lekki Free Trade Zone considering that it would take 50 minutes to drive to the zone from Elerangbe. However, a direct link road between the two locations is being proposed. This will reduce the distance to about 10mins.
Re: The Value Of Real Estate Investmeñt. by RehobothRealtor: 6:17pm On Dec 02, 2017
MOUTH WATERING OPPORTUNITY @
PERFECTION COOPERATIVE ESTATE, ELERANIGBE*

We've just launched PERFECTION COOPERATIVE ESTATE located at Eleranigbe off Lekki Epe expressway around the Lekki Airport and proposed 4th Mainland Bridge.

As you all must have known that one of the strong point for Eleranigbe is that the proposed 4th Mainland Bridge plays a prominent role in the future value of that location and once the roads to the location are fixed then value of land will explode geometrically.

The price at launch is 600k per plot of 600sqm (3months payment) and 550k outright pay. You can buy 5 and get one free.

The entire land size is 560acres (out of which PCE takes 200acres) and has been surveyed with red copy and excision file number KL 7880.

For enquiries and inspection please call 08023946077 or 08068272981.

Re: The Value Of Real Estate Investmeñt. by RehobothRealtor: 10:34pm On Dec 02, 2017
Real Estate Investment
Re: The Value Of Real Estate Investmeñt. by RehobothRealtor: 11:29am On Dec 04, 2017
Value of Real estate investment.
Re: The Value Of Real Estate Investmeñt. by RehobothRealtor: 11:38am On Dec 07, 2017
Real estate investment @ ibeju lekki.

Re: The Value Of Real Estate Investmeñt. by RehobothRealtor: 10:19pm On Dec 08, 2017
Perfection estate eleranigbe ibeju lekki.

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