Lucrative Locations to consider investing in real estate 2022
- Titan Homes
- Jul 25, 2022
- 3 min read
Buying properties in Lagos is arguably one of the major yearnings of Lagos state residents. Even those who do not live in Lagos wants a piece of the cake. While desiring to own a land or property is one thing, taking steps to actualize that dream is another.
What to consider
A good knowledge of the Real Estate Investment sector in Lagos is absolutely essential. But there are things to know for anyone who wants to invest in properties in Lagos especially for profit. And here are key considerations to tick on your checklist when making real estate investment:
Title
Location
Purpose of Use
Location
Location has a direct correlation with appreciation of the value of properties in real estate acquisition or investment. Some premium locations an investor should consider purchasing lands and properties from include:
ETI-OSA
ABRAHAM ADESANYA
SANGOTEDO
AJAH
IBEJU LEKKI
Why are these areas premium?
These locations make it to the top of the list because of certain characteristics they possess. So let’s give you a rundown of the importance of owning properties in this location:
They are growing areas: Investment should be in a growing location especially for a middle class population. Also, buying properties in an already established area can be very expensive or out of reach.
Basic amenities: These locations have close proximity to basic amenities for additional value. If the property has basic amenities nearby, it adds a great value to the property. As a result, amenities such as shopping complex, swimming pool, open area, gyms, parks & playgrounds is key.
Easy access to Transport Facilities: Intending property and land buyers should consider proximity to and availability of various means of public transportation services. Various transport services like car parks, ports etc should be within considerable distance.
Availability of Schools & Hospitals: Prior to investing, one should consider the availability of hospitals and schools in nearby environs. A property that within its axis boasts of reputable schools and premium hospitals earns a better return on investment.
Alluring potential for business & companies: Areas that existing(or
new) multinational companies or locally owned firms are situated should be considered. And the value of such areas increases because jobs are created. There is also a corresponding provision of housing for workers in the area which brings about a hike in value.
The Ajah region down to Epe axis have so much potential to transform into something even bigger. In fact, Epe is rightly called “The new Lagos” because of the potential it has. Investing anywhere in these regions will be a smart move. Presently here are lands in this axis that a smart investor could key into: ITUNU RESIDENTIAL, going for as low as 52,000 per square meter which Is 26Million naira for 500 square meter. The Laguna beach apartments series 2 located at lekki scheme ll okun Ajah going for 1 bedroom apartment-24.5m and 2 bedroom apartment-34.5m, Lekki No. 7 Atlantic view garden located behind shoprite, off monastery road Sangotedo – 500square meter for 13.5m. It is worthy of note 70% of millionaires today became so by investing in real estate, you don’t need to have all the millions in the world to join the ranks of real estate millionaires. It has been made so easy today that with a few hundreds of thousands and a flexible payment plan, you can be on your way to building your very own real estate portfolio. Start from somewhere, start by investing with TITAN HOMES
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