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Is Raw Land A Good Investment? - Properties (3) - Nairaland

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Re: Is Raw Land A Good Investment? by ShoProperties(m): 5:19pm On Mar 23, 2017
Dont have the full payment now with 500k initial deposit you can key into our Estates just give us a call, there is always INSTALLMENT PACKAGE for all our Lands, I assure you, you will Love it
DOCUMENTATIONS · Allocation of land
· Deed of assignment
· Survey plan
· Master layout
All this will be given once payment has been completed
Re: Is Raw Land A Good Investment? by ShoProperties(m): 9:48pm On Mar 27, 2017
Ibeju Lekki and with 2.5million u can get a plot of land in a gated estate and most of our properties comes with c of o
Re: Is Raw Land A Good Investment? by ShoProperties(m): 4:13am On Mar 28, 2017
Sn
Re: Is Raw Land A Good Investment? by ShoProperties(m): 6:43am On Apr 05, 2017
Get your Genuine Plots Of Dry Land In Ibeju Lekki with c of o with 500,000k first initial deposit,www.shoproperties.com call 08124579981
Re: Is Raw Land A Good Investment? by ShoProperties(m): 5:16pm On Apr 05, 2017
iyaski:
Do you have any idea of how genuine This raw Land in Ibeju Lekki is? Flourish Royal Garden Estate. Although they are So many of these Estates springing up in that Lekki Free trade zone area....And the way they are advertising.....makes me feel concerned that they may be something fishy in their dealings.


Are those estate developers genuine?
08035331074
Re: Is Raw Land A Good Investment? by ShoProperties(m): 10:52pm On Apr 05, 2017
Good job
Re: Is Raw Land A Good Investment? by ShoProperties(m): 12:38pm On Apr 06, 2017
Nice
Re: Is Raw Land A Good Investment? by ShoProperties(m): 5:38pm On Apr 06, 2017
Call us
Re: Is Raw Land A Good Investment? by ShoProperties(m): 6:28pm On Oct 23, 2017
Wow
Re: Is Raw Land A Good Investment? by AFAGEX: 10:47pm On Jun 22, 2018
I HAVE 2 PLOTS AND OVER OF LAND I WANT TO SALE AT NKWUBOR NIKE ENUGU EAST LGA, ENUGU STATE,
SIZE IS 1130.486 SQ M
PRICE IS 3 MILLION.
AVAILABLE DOCUMENTS: SURVEY PLAN, POWER OF ATTORNEY, DEEDS OF AGREEMENT WITH RECEIPT.
I need an urgent buyer because I need money to support my business as quick as possible.
ShoProperties:
Land is one of the most solid investments available. It will always be worth something, and there's little chance of it being stolen. Raw land is undeveloped property with no buildings or other structures -- it is still in its natural state. If you're thinking about investing in it, the trick isn't so much about buying at a good price, but selling at the right time for a good profit. Investing in raw land is for people who can afford to wait years until someone comes calling for the land. It's not a good idea for people who want to do a quick flip or need to develop an immediate income stream.

Location

Raw land values increase at a faster rate at the center of a growing city or around the perimeter of cities. But, any raw land in an area showing population growth is worth investment consideration because such growth attracts developers. The whole idea of investing in raw land is to chose property that will appreciate in value and attract a buyer who will pay more for it down the road.

Raw Land vs Developed Property

Investing in raw land is less costly than buying developed real estate in the same area simply because there are no improvements on raw land. However, banks are a bit more cautious about fronting money for raw land that is not being used for any income-producing purpose and will usually ask for a higher down payment -- sometimes up to 50 percent of the land purchase. On the other hand, mortgage loans typically require a 20 percent down payment or less. Land loans also have shorter maturities -- 10 to 15 years versus 30 years for mortgage loans. You can also expect to pay higher interest rates for raw land than you would for mortgages.

Pitfalls
Be leery of buying from owners who have held the property for only a short time, especially if the owner is a builder or developer. If they're trying to sell fast, it likely means they have inside knowledge that the land isn't as valuable, or won't be as valuable, as they thought. Raise another red flag on any property priced too low for the market. That can mean the land has fallen outside the path of progress. You also need to visit the land itself, even if it means a road trip. Never invest in raw land based solely on photos in a slick sales brochure. Do a thorough investigation and don't allow a high-pressure salesman to rush you into a decision.

Retirement Planning
Raw land is a long term investment, For that reason, it's a good option for people who are least 10 years away from retirement and want to diversify their assets. It's not an ideal investment for pre-retirees who can't hold the property long enough to reap the benefits of rising values.
Re: Is Raw Land A Good Investment? by ShoProperties(m): 12:50am On Jul 25, 2018
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