Real Estate is one of the property investments around. Everyday buildings her sold and bought. Money and value are realized during the exchange. It is a great business to invest in. There are many Nigerians reaping from this great property investment.
Real estate is simply defined as a piece of property like a land, land with crops on it or building on a land. From this definition, there are many ways we can realize profits from real estate. And there are many ways it pays benefits.
1. It can be used as collateral to receive loans for other needs.
2. It is a profitable long term investment. As the number of years of investment increases, there is always value added to it.
Everybody dreams to be a landowner in Lagos despite still being in a rented apartment. It is extremely important or a thing of pride if you have a property in real estate. It gives you confidence and be reassured that you are planning for a good retirement. Money or investments available are respected than money that has been spent regardless of the sum of the money.
Investment in real estate is the best gift you can give to yourself and your kids. The times we are now in is challenging. Salaries are been cut every time, and a dream of a good retirement is hopeless. The best way out of this unsure moment is to invest in real estate when your hands and legs are still strong to work. There are available lands everywhere in Nigeria. There is development every day, and urban- rural migration is still on the growth. This proves that no matter where you invest in real estate, within a few numbers of years to come, development would surely catch up with the locality.There are surely many ways of investing in real estate in Nigeria that is profitable:
1. Buy a piece of land: Buying a piece of land is the most popular means of investing in real estate. A fallow land is a piece of property which could be utilized for anything. You can purchase a piece of land to resell later after some years or for constructing a building on it. It would do you a great purpose of satisfaction and confidence for your future. It is really important you obtain genuine and original documents for the land.
2. Buy a piece of land for agricultural activities: Agriculture business is now booming, and a lot of export businesses are increasing every day. If you purchase a large expanse of land for agricultural activities, it is a multipurpose investment you have made. The crops can serve your sustenance needs. It can be sold to local markets and wholesale. Additionally, you can use the land for whatever purpose anytime you want.
3. Buy a large expanse of land to own an estate: The major towns and cities in Lagos and everywhere in the country are getting congested. You can join private companies that are buying large expanse of land in the suburb of cities and towns. Many Nigerians are looking for an easy and stress-free process of buying a piece of land. Investing in this way is really profitable.
4. Developer: A developer simply rehabilitates or reconstructs a building just for the purpose of renting or leasing for a particular number of years. If you are a civil engineer, architect or town planner, this is a type of business you can add to your profile.
5. Flat to let agent: You can start a business in real estate by just helping people looking for an apartment to live to get satisfaction. You can prove your presence by getting a business name and getting an office in the area you know well. The foremost thing is to make sure you can get the trust of landlords and caretakers for them to engage your service.
6. Buy a land to build an event center: Event planning jobs are very popular in Nigeria. It shows you that people are getting married every time. It would serve you a profitable purpose if you can build an event center for rent. There are lots of events that can be done there. Examples are seminars, wedding parties, annual general meetings and other events.
7. Buy a land to build an office complex or skyscraper: This is a great investment that requires the best professionals to construct. The investment would yield profitable returns for you in the long run.
8. Facility Manager: Most complex, estates, skyscrapers and big farms need facility managers to run it. Acting as a facility manager makes you a solution provider for the maintenance of buildings, workplace, and you can also act as a health and safety officer if you have the skill and training.
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