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Why You Should Consider Investing In Abijo GRA - Properties - Nairaland

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Why You Should Consider Investing In Abijo GRA by ImpactHub: 8:29pm On Mar 07, 2022
Abijo Gra is one of Ibeju Lekki's fastest-growing towns, with a slew of prominent developments and estates with cutting-edge amenities. It may be of interest to you to know that Abijo GRA is Lekki's only Government Reserved Area, implying peace of mind and security.
Abijo GRA is currently home to the Dangote Refinery's workers as well as a number of prestigious foreign schools.
If you're looking for an excellent location for your real estate investment, Abijo GRA is the place to be right now.
Where is Abijo?
Abijo is a community in Ibeju Lekki Local Government Area in Lagos State, after the popular Novare Mall, Sangotedo.
Value Trend in Abijo
Following the rising value of real estate in neighboring towns such as Sangotedo, the value trend of lands in Abijo, Lagos, indicates that Abijo will be the next region to see a major influx of people over the next 5-10 years.
A study at the price history of properties in Abijo over the previous four years reveals an estimated 80 percent increase in land value.
After the opening of the N31.5 billion Novare Mall in Sangotedo in 2017, property values in the Abijo area skyrocketed.
This launch was accompanied by a plan to expand within a few years, resulting in increasing economic and commercial activity in the area, as well as an influx of people for both business and residential purposes.
As more economic activities thrive in the environment, more appreciation is projected.
As a result, real estate in Abijo is regarded as a worthwhile investment with potential returns.
Re: Why You Should Consider Investing In Abijo GRA by ImpactHub: 8:30pm On Mar 07, 2022
Property Value/Cost
Houses for sale in GRA, Abijo, Lekki, Lagos, cost an average of 37,700,000. The most costly house is worth N104,000,000, while the poorest is worth N14,200,000, the average price of land measuring 400sqm and up is between N15,000,000 and N30,000,000. In addition, the rental value of a normal three-bedroom apartment goes from N900,000 to N1,300,000.

WHY ABIJO GRA?
Here are some significant factors considering owning a property or properties in Abijo, GRA for personal use perhaps as an investment.
• Location
One of the most frequently asked questions is, 'How important is location when buying a home?' The most important factor in real estate is location. location is unquestionably the most important factor in determining the property value of two similar properties.
There's a reason why so many successful real estate investors use the phrase "location, location, location."
When deciding which property to buy, homebuyers will consider several factors, including location. Everyone desires a home in a desirable location.
So, what makes a location appealing? Things like schools, convenience, and safety, among other things!
• Security
Everyone wants to live in a safe area. Neighborhoods with a low crime rate are regarded as more desirable locations, with higher property values as a result.
Abijo GRA is a low-crime neighborhood. Because living in a gated community is seen as a safer and more secure alternative, these properties can attract a premium price. It's worth noting that Abijo GRA is home to a number of gated estates with 24-hour security.
• Rate of appreciation
Appreciation in real estate refers to the value of your property or, more specifically, how much it increases in value over time.

You gain a few advantages as your property appreciates in value. For starters, you'll make more money if you sell the property. As long as demand in your market is robust, you should be able to charge a higher sales price and so make more money.
The rate of appreciation for homes in Abijo, GRA is rapidly increasing as the days and years pass, and the reasons for this are not difficult to understand.
The location is desirable, secure, and strategic in terms of current developments.
Re: Why You Should Consider Investing In Abijo GRA by BigTableShaker(f): 8:39pm On Mar 07, 2022
How much is land in Abijo?

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