Friday 19 January 2018

WHY IBEJU LEKKI???

Basically looking to purchase land around the free trade zone in hopes it appreciates in the future. I have no plans erecting a house on the land, pure buying to hold on to for a few years then selling it.

If that’s you, then this page was written for you and I have answered all possible questions regarding this kind of investment.

WHY INVEST IN IBEJU LEKKI

 

If you landed on this page from a search engine then you probably already know why you should invest in Ibeju Lekki lands right now. But if you are not aware of what is going on Ibeju Lekki or you are aware but doubting if the proposed projects will ever come to fruition or you have convinced yourself that it will take many years to happen, let me quickly educate you a bit so that you don’t become one of those people who had the opportunity to invest in Lekki but turned it down because all they could see was bushes and thought it would remain like that for a long time. These people are regretting now because a plot of land today in Lekki is up to N150million. I know because they tell us when we take them for inspection. Unfortunately Life has no rewind button. To correct their mistake some of them are rushing to invest what they can afford in Ibeju Lekki now and you too should do the same.

 
Currently Ibeju Lekki Lagos is the Hottest Investment destination in Africa, seating on multi billion Dollar int’l projects that include:
·         Lekki Free Trade Zone
·         Dangote Refinery
·         Lekki Deep Seaport
·         Dangote Private Jetty
·         Dubai Smart City
·         Lekki Epe Int’l Airport
·         Olympic size stadium
·         Int’l Golf Centers
·         Beach Resort Centers

And no, some of these projects are not going to take up to 5 years to actualize. The last update about the refinery was that it was going to start full operation first quarter of 2019. That’s less than 2 years from now. Serious work goes on a daily basis in Ibeju Lekki. There’s almost always something new noticed each time clients are taken to the area for inspection.
But let’s even say it takes 5 years for things to really kick off. By then everyone is rushing to buy land there. But you already bought when it was really cheap and now you sell and make a return on investment that can be up to 1000%. Which other investment opportunity do you know in Nigeria or even overseas that can give you such return in 5 years?A word they say is enough for the wise.

Lands around Lekki Free Trade Zone Ibeju Lekki

We have a lot of estates with several acres of land in the Lekki Free Trade Zone area, some before the LFTZ but most of them are after the LFTZ. You see, the LFTZ area is mostly industrial. Just after the LFTZ we have Dangote refinery, Lekki Sea Port, Power oil and some other companies. These are just the ones already up. There are still empty lands within that area and we believe that soon, especially when the refinery starts operation, many more company including banks will come up. So the residential area in Lekki Free Trade Zone is within about 10-30 minutes drive from the Trade Zone and that’s where most of our estates are located. And the prices of these estates presently ranges from N600k – N6million a plot.

Buying a Land to Hold and Sell Later

Buying a land to hold and sell off later or what some of my colleagues call Land Banking, is not just one of the best investments in Nigeria with high ROI but also requires zero amount of work and maintenance to turn profit. It’s easy. Buy. Move on. Come back 3-6 years later and sell for 5-10 times the price you paid for it. It’s simple enough. But not every investor that does land banking make as much profit. Why? They don’t invest in an area with unique economic development projects like Ibeju Lekki. For example buy a land in Ikorodu Lagos and sell 5-10 years later you will be glad if you make even 200% return on your investment from selling the lands.

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