LAND BANKING INVESTMENT IN NIGERIA

Land banking has become one of the best and easiest ways of making a high return on investment in the real estate business right now in Nigeria. Real estate is one business that is not affected by tax, it is durable and provides long-term financial security.

Many smart investors are venturing into real estate knowing fully how profitable the business has become and also a means for them to acquire more wealth. Real estate is open to all, it doesn’t matter if you are poor or rich,  it is the same equal opportunity, but it all boils down to your willingness to invest in something more profitable in the long run. Land banking is the easiest and the best way in real estate to gain financial freedom in the long run.

WHAT IS LAND BANKING

Land banking is the practice of acquiring land at a lower price, allowing the land to appreciate before reselling it at a higher price. real estate developers are into land banking, they look for land that has a high potential of appreciating buy the land at a very low price and resell at a higher price after the land has fully appreciated. Location is very important when buying landed property, it determines how fast the value of the land will appreciate.

BEST LOCATION FOR LAND BANKING INVESTMENT IN NIGERIA

Lagos state is one of the fastest developing states in Nigeria, areas in Lagos such as, Ibejulekki, sangotedo , Ajah and lekki will be a very good place for land banking investment, values of land in these locations appreciate faster within a short period.

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