THE STORY OF AN EAGLE-EYED PROPERTY INVESTOR, and WHY DISTANCE SHOULDN’T BE A BARRIER TO YOU!
Have you ever been in a situation where it is categorically clear that you missed the opportunity to own a particular land, that eventually yielded more than 100% increase from the initial purchase within a very short period of time?
Nowadays, people share their experiences on how they regretted missing out of purchasing properties in some certain locations, most especially when such locations were at their pre-development stages and prices of properties as at that time were relatively low and affordable.
There was a time when people said VI, IKOYI AND LEKKI were TOO FAR and yet people keep migrating towards these areas. Today, the story has changed for those who choose not to migrate into these location just because they said IT WAS TOO FAR.
These locations have now become a hub for both residential and commercial real estate, social and other economic activities to the regret of many who refused to tap into them.
Lagos state is the heart beat of Nigeria’s economy and if you look at the rapid manner of development of this growing city, you will agree with me that nowhere is TOO FAR most especially when it comes to real estate investment.
Ajah downward to Ibeju-Lekki ( often referred to as the new Lagos) is another growing city and a major potential goldmine for eagle-eyes investors that see potential at the slightest opportunity.
Most times people complain of how far Ibeju-Lekki is but the question here is;
Most times people complain of how far Ibeju-Lekki is but the question here is;
It’s FAR from where
From your house or workplace?
The truth is before you go into any real estate purchase, you should have a goal in mind, and this is the 1st Commandment of real estate investment.
When your goals are predefined, they help you to know where to put your money and also help you recognize and take advantage of opportunities that suit your investment objectives.
Now, if you have 8am-5pm job which you won’t be changing anytime soon and your goal of purchasing a land is for you to build and move in with your family then it’s important you consider location and its proximity to your place of work.
However, if the above isn’t the case for you then I don’t think distance should be a barrier to your land purchase or real estate investment.
When the objective of buying a land is for investment purpose, then distance should not form part of your decision making criteria.
Instead, what you should be more concern of is the value appreciation you stand to enjoy when development happen and the future prospect of the location you choose to invest in.
As an investor with eagle-eyed, you should be positioned to see goldmine where others see bushes, forest, swamps and ocean.
As an investor with eagle-eyed, you should be positioned to see goldmine where others see bushes, forest, swamps and ocean.
However, today the story has changed, the value of the area has appreciated over 1000% and as such this eagle-eyed investor is smiling to the bank.
Another eagle-eyed investor is the developer of the Red Brick Homes AMEN ESTATE located along the Eleko beach Road in Ibeju-Lekki.
This particular investor had positioned himself in this area long before the LEKKI FREE TRADE, the DANGOTE REFINERY and other economic development are springing up there.
You can imagine the price this smart investor bought land in that area as at about 10 years ago and the level of appreciation he be enjoying now.
AMEN ESTATE PHASE ONE houses about 400 families at the moment .
Celebrities like FUNKE AKINDELE, COMEDIAN AKPORORO drove all the way from VGC down to Amen estate phase one to secure a home just because of the kind of building and architectural masterpiece this estate is offering.
AMEN ESTATE PHASE 2 is currently selling adjacent the phase 1 for #15M per 600sqm You can be rest assured that in the next 5 years plots in this estate and environs would be selling from #30M above.
The gospel truth about Ibeju-Lekki is that it has a great potential for huge value appreciation and a highly rewarding place to invest for investors with the eyes of eagle.
Think about it, why would Mr Femi Otedola sell his Forte Oil to power The Free Trade Zone?
Why would Alh Dangote invest billions of Dollars in Dangote Refinery in Free Trade Zone.
What do these and other economic development both locally and internationally mean to real estate investment in these region?
Final thought on why distance should not be a barrier to your real estate investment in Ibeju-Lekki!
As a real estate investor, be like the eagle and take your chance on available deals that come your way.
The good news is that BELKALID CONSULTS got you covered when it comes to genuine lands with huge return on investment within a short time.
Many fantastic deals will not look ordinarily attractive to every day individual, but as an eagle-eyed investor always see a goldmine where others see bushes, forest and swamps.
Always view and see beyond your sight when thinking of buying for investment purposes in real estate.
We have come to the end of today’s discussion.
Thank you for your time and attention.
To your success and safety,
BELKALID CONSULTS
www.belkalid.com