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The Value Of Real Estate Investment-Paul Adefarasin - Investment - Nairaland

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The Value Of Real Estate Investment-Paul Adefarasin by Newbielearner(m): 3:58pm On Oct 08, 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 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?

… Go and buy land and go and buy it quickly because without Land you are not really a power base

Youtube link:
https://www.youtube.com/watch?v=GsIhkfX6cs8
Re: The Value Of Real Estate Investment-Paul Adefarasin by Newbielearner(m): 11:43am On Oct 10, 2017
I'll start posting about various lands and houses for sale here, soon...

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Re: The Value Of Real Estate Investment-Paul Adefarasin by Newbielearner(m): 7:49am On Sep 06, 2019
Lands for sale at Agbara by a reputable company. You can start with as low as 30k.
Re: The Value Of Real Estate Investment-Paul Adefarasin by Newbielearner(m): 3:35am On Sep 28, 2019
Also land for sale at Mowe Ofada at 1.2m
Re: The Value Of Real Estate Investment-Paul Adefarasin by viktry: 1:48pm On Sep 28, 2019
Newbielearner:
Also land for sale at Mowe Ofada at 1.2m
Per plot Or per acre

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Re: The Value Of Real Estate Investment-Paul Adefarasin by Newbielearner(m): 9:02pm On Oct 01, 2019
viktry:

Per plot Or per acre

Per plot sir
Re: The Value Of Real Estate Investment-Paul Adefarasin by rev2214(m): 10:07am On Oct 02, 2019
Settled

1 Like

Re: The Value Of Real Estate Investment-Paul Adefarasin by rev2214(m): 10:12am On Oct 02, 2019
Thanks

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Re: The Value Of Real Estate Investment-Paul Adefarasin by slimjosh231(m): 11:16am On Oct 02, 2019
Property Agent turn motivational speaker. Your family made all that money and you’re here with all this plenty sweet mouth. Money for done Make you soft.
Re: The Value Of Real Estate Investment-Paul Adefarasin by Newbielearner(m): 3:27pm On Nov 16, 2019
viktry:

Per plot Or per acre
Now, it's 1.5m per plot

Re: The Value Of Real Estate Investment-Paul Adefarasin by Newbielearner(m): 3:28pm On Nov 16, 2019
slimjosh231:
Property Agent turn motivational speaker. Your family made all that money and you’re here with all this plenty sweet mouth. Money for done Make you soft.

I'm not sure whom you've addressed this too. Please, no negativism on the thread.
Re: The Value Of Real Estate Investment-Paul Adefarasin by Newbielearner(m): 3:32pm On Nov 16, 2019
rev2214:
If you need land in majidun Ikorodu at affordable price and peace of mind call me. My daddy in-law is the Baale....... meaning..... we get mouth

It's very easy to create topics on Nairaland. Please do not derail the thread. The property advertised here are sold by our company. Not individuals or families.

Re: The Value Of Real Estate Investment-Paul Adefarasin by Newbielearner(m): 3:34pm On Nov 16, 2019
And this is our cooperative. The awarded the best housing cooperative for 2018.

Re: The Value Of Real Estate Investment-Paul Adefarasin by rev2214(m): 11:43am On Nov 20, 2019
Newbielearner:


It's very easy to create topics on Nairaland. Please do not derail the thread. The property advertised here are sold by our company. Not individuals or families.

Oh sorry.....i saw similar post but I will remove it.
Re: The Value Of Real Estate Investment-Paul Adefarasin by Newbielearner(m): 1:52am On Nov 21, 2019
rev2214:


Oh sorry.....i saw similar post but I will remove it.
Ok, thanks.

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