Real estate in China accounts for 30% of the country’s GDP with urbanization on the increase. Makes one wonder why real estate is such a proactive sector. Apart from China, Real Estate has become one of the fastest-growing sectors in the Nigerian economy. According to business day analysis, the sector has attracted over 523 million dollars in investment ranking first in Africa’s growing sector.
This highly saturated marketplace contributes a total of 5.28% to the GDP of the country estimated to be about 5.3 billion USD (Bureau of Statistics, 2021).
Why Real Estate?
With the current surge in market prices of houses, fear, insecurity, countrywide panic, population increase, lack of employment, youth restiveness, property appreciation and the continuous economic downturn, stringent requirements, and poor salaries from employers, a lot of Nigerians have turned towards real estate as a safe haven.
The easiest way to venture into real estate is via land banking. Land banking is the purchase and holdings of lands in areas predicted to undergo growth. It is the practice of reserving parcels of land for future use. This is an investment and wealth strategy which originated in the 1920s and is still in use now. If properly done, land banking is a more reliable means of building and protecting wealth. This is generally because of its daily appreciation in value.
In Lagos, there are a number of predicted growth areas. Lekki-Epe is the highest with proposed plans for the International Airport, Lekki Free Trade Zone, Sea port construction, a large number of industries, and much more. This area is a potent area for every land banker. From the great return of investment, it offers to accumulation of generational wealth; a good platform to invest.
With the right platform that Julshomes offer, you could beat the recession and begin your financial journey soon enough. We have a number of estates with a payment plan that helps you pay conveniently.
Here are our listings at Ibeju Lekki to help you begin your land banking journey:
Haven Homes, Oriba, Ibeju Lekki; 500k per plot with an initial deposit of 150k and an 11-month payment plan.
Polo City, Ilamija, Ibeju Lekki; 2 million per plot with an initial deposit of 600k and an 11-month payment plan.
Ombre Gardens, Ilamija, Ibeju Lekki; 5 million per plot with an initial deposit of 1.5 and an 11-month payment plan.
1960 WaterView Estate, Ikpesu Ajah, Ibeju Lekki; 2 million per plot with an initial deposit of 600k and 11 month payment plan
1960 WaterFront Estate, Ikpesu Ajah, Ibeju Lekki; 5 million per plot with an initial deposit of 1.5million and 11 month payment plan
Cora court, Elerangbe, Ibeju Lekki; 3 million per plot with an initial deposit of 900k and 11-month payment plan
Ocean Pearl Beach Estate, Owode Ise, Ibeju Lekki; 3 million per plot with an initial deposit of 900k and an 11 month payment plan
Chuvie Gardens Phase 2 (Residential), Akodo, Ibeju Lekki; 6million per plot with an initial deposit of 1.8m and an 11 month payment plan
Chuvie Gardens Phase 2 (Commercial), Akodo, Ibeju Lekki; 10 million per plot with an initial deposit of 3m and an 11 month payment plan
Juls Courts, Oke Ogun, Ibeju Lekki; 8million per plot with an initial deposit of 2.4m and an 11 month payment plan
Amber City, Bogije, Ibeju Lekki; 8million per plot with an initial deposit of 2.4m and an 11 month payment plan.
Want In? 07012511112
customerservices@julshomes.com.ng
