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Ten Reasons Why You Should Invest In Imo - Properties - Nairaland

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Ten Reasons Why You Should Invest In Imo by Nobody: 1:25am On Sep 07, 2019
Ten reasons why you should invest in Imo

Introduction

Imo state capital “OWERRI” is one of the most cosmopolitan and the fastest growing city in Nigeria and the world at large, attracting national / international visitors, investors and residents. Over 35% of the residents of the Owerri Capital City were from different States and abroad according to a recent report. National global investors continue to be highly interested and active in Imo State Real Estate developmental market and other developments. No wonder Imo state property market continues to perform incredibly well, with housing, fast food prices growing in record territories.
Smart investors nationally and outside Nigeria have recognized and outside Nigeria have recognized the unique investment value and opportunities that Imo State offers. A number of recent studies scored Imo state very high, as investor’s heaven.
Imo lands and lands has identified 10 reasons why YOU should invest in Imo exceptional investment / development.

1. Central Location
Owerri, Imo State is strategically located and blessed with flat land surface. Imo State is the Eastern Hartland of Nigeria. Owerri the capital of Imo state was named as one of the top ranked number one of the cities that matters most to Tourism and Hospitality.

2. Diversification of investment portfolio

Real estate investment offers diversity to other investments and by purchasing a property outside of ones home state or country, the investors instantly spread the risk of having his investment in one basket.

3. High level of innovation
Imo state is blessed with lots of natural resources; it is an attractive location from a business, educational and investment standpoint. The nature legal framework for buying properties at low cost and less bureaucratic process of allocation of development land by the state and purchasing of trouble free individual land, makes investment in Imo relatively easy.
Developers can take advantage of the cheap quality labor similar to what is obtainable in China. There has been a high level of innovation from the developers already on ground throughout the state.

4. Relative Stability
Imo state is very peaceful and crime free. It is known for its hospitality. Imo plays host to numerous Conventions, Expos, Trade Fairs and Different kinds of Competitions. Nightlife, entertainment activities, lot of fast-food eateries, restaurants and over 600 hotels in the capital city of Imo State [Owerri] keeps Tourist and Investors coming back. Infact, Imo is truly a safe Heaven! Says David Day a Briton and Rodney Jordan an American who has been residing in Owerri for over five years.

5. Imo property report
In the past 3 years, prices for residential and commercial properties in Owerri are relatively up by 70%. Growth prospects remain very strong.

6. Open market
Imo state believes in open market and warmly welcomes national and foreign investors. Imo state market is open to entrepreneurial investment practically in all areas. There is no longer any states – controlled business. Imo state is receiving increasing attention from private equity firms and huge funds due tom its highly attractive companies and favorable investment conditions.

7. Good sources of passive income
Buy – to – let properties in Owerri yields very high. Residential rents in Owerri increased tremendously from 2.5% to 85%

8. Developers safe heaven
Imo state is now a scramble and fertile ground for all developers. For the past 60 days, the ministry of lands, survey and urban planning through Imo lands and land has received over 75 letters of investment from reputable developers and investors who are interested in bringing different developments to the state. The state LAND is very industrious and environmentally friendly.
Foreign investors can profit BIG from the fertile land of the State.

9. Legal security
Imo state is the Eastern Heartland and investor’s heaven. Investor’s does not have to worry about security in state. The government of Imo State spends lots of resources to ensure that life and properties are well protected. Imo state is the first state in Africa to have K9 security Division and SWAT Team, American style Security Network and Community Guard. Imo state government believes in transparency and rule of law. Recent studies show that Imo State legal security is highly regarded by investors.

10. Highly developed infrastructure
Imo State has knit network of roads, rural / urban transportation system and Airport. Imo state now wears a new look. The level of infrastructural developments throughout the state is very enormous. Just Two hours’ drive from Imo to Portharcourt one of the largest Seaports in Africa, and 15 minutes drive to Imo Airport [Sam Mbakwe Cargo Airport]. Communications and infrastructures are exceptionally well developed throughout the state.

If you are an Imo Indigene living outside Imo state but without an investment here. Please start thinking of how to get one.

Contact Owerri Property Search For more Details.

16 Oduehi street , Owerri, Imo State
Facebook.com/owerripropertysearch
07034513052
Re: Ten Reasons Why You Should Invest In Imo by yinkus6750(m): 1:38am On Sep 07, 2019
And what of road network , within and outside Owerri?
Hotel biz is highly lucrative oss of people flooding from neighbouring States just to catch fun.

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