Nigeria is a huge market of untapped investment opportunities and Real Estate investment in Nigeria is steadily climbing to the top as one of them. What’s more, building a lucrative investment portfolio is arguably the best solution to financial distress.
Regardless of the nation’s unsteady economy, we have seen a lot of individuals take advantage of real estate investment and make millions of money in short periods of time. This is because they have been able to successfully build investment portfolios that can withstand the fluctuating market and yield high returns over time.
When most people hear real estate investment, they only think of multimillion naira properties that require huge sums of money and high stakes. This notion is mostly due to ignorance.
Real Estate is any “property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this, (more generally) buildings or housing in general.”
Now that you know that Real Estate is the term used to describe tangible resources such as residential, commercial, and industrial buildings, including land, how can you invest in Real Estate?
Bleu Orange offers several real estate investment packages that you can take advantage of. Some of the packages include:
Here are 7 reasons why investing in real estate in Nigeria should be your game plan in 2020.
1. Financial Stability
The growth in Nigeria’s population and the unreliable state of the economy should communicate the need for reliable investments that will provide financial stability to smart individuals.
Having an avenue for extra income is everyone’s desire, and at Bleu Orange, we believe now is the perfect time to invest in Real Estate in Nigeria as the market is steadily gaining momentum.
If you think having extra properties is unnecessary stress and liability, our customer-friendly investment plans have been specifically designed for you. We help you manage your real estate investment from procurement to development, so you don’t have to worry about a thing.
Real Estate investment is another opportunity to earn passive income while you’re still working your paid job. Not everyone earns up to a million naira per month from a 9-5 job, but you can increase your income and live comfortably with interests from your real estate investment.
Real Estate is a financially secure investment because it’s not as volatile as the stock market. While the stock market might drop to almost zero interest rates, real estate will maintain reasonable dividend as long as you are patient enough to choose a boom period to sell or lease.
With infrastructural development and migration from one place to the other, people will always need shelter. This demand has created an opportunity, and Bleu Orange can help you profitably tap into this opportunity. We analyze market data and human behavioral factors that affect the industry to determine when and where to invest in Real Estate.
You will agree that a seemingly worthless piece of land in Lagos that was worth ₦50,000 in year 2000 is now worth millions of naira.
Why? Because real estate will always appreciate over time. Although there are also down moments when the industry experiences slow demand, the market always comes back up. Just like old wine, the longer real estate stays, the more valuable it becomes.
If you decide to get a loan in the future, your property can be a high-value collateral for you to get your loan approved and receive the funds you need to execute your desired project.
Another reason to invest in Real Estate in Nigeria is that it can be improved to increase its market value. There are numerous opportunities and resources for improvement in real estate investment with time.
You can always patch up a property with few improvements to increase its value and price. The exciting thing? If you’re more of a handy-man, you can even do it yourself. A paint job here, a new facet there, and you just become a hundred thousand bucks richer.
The real estate industry in Nigeria is booming and you can tap into this opportunity to grow your personal income and build financial security.