IDENTIFYING REAL ESTATE INVESTMENT OPPORTUNITIES
Real estate investments produce some of the highest yields of any investment type in Nigeria. In certain locations, we’ve seen property values multiply several times within a few years. The profits from these lands and buildings are hardly matched in other sectors. But these returns don’t just come from any real estate investment . There are specific characteristics you’ll have to look out for to find one that truly hits the jackpot. We will review five of these important features. If you have them in mind, you’ll be better able to spot opportunities that are worth your money. Incoming Or Rapid Development Areas on the outskirts of established or fast-developing towns and cities are usually the next big real estate locations. There are multiple examples of this all over Nigeria, especially in cities like Lagos and Abuja. In Lagos, the Ibeju Lekki area was next in line after the property development frenzy around the Lekki axis. And in Abuja, some of the satellite districts ...