This year has been a long run, from businesses and individuals trying to recover from the adverse effect of COVID-19 to the digitalization of businesses to the regular hustle and bustle of the city down to great achievements and successes for some people while a few struggles or more for others. Some people met their goals for the year (Congratulations to those that fall under this category) while some did not meet their goals or things didn’t go as planned nor turned out the way they expected (don’t be too hard on yourself if you fall under this category as what is to come will be better for you than what has gone by).
Many had investment goals which includes real estate while some didn’t or remained sceptical as a result of fear of the unknown. Well, we have less than thirty days to the end of 2021 so one can still achieve to own a real estate investment in Nigeria. All that savings and earnings that you made this year can still be channelled to some profitable real estate investments with great ROI in the nearest future. To those that already secured a real estate investment or more during the year, kudos to you, and that shouldn’t stop you from owning more, as real estate is the basis of wealth.
Below are SIX profitable real estate investment opportunities you should key into before the end of 2021;
1. The Lagoon Front Estate, Alaro City Epe
Lagoon front estate is located in the heart of Epe which is just before the popular epe bridge. It is surrounded by great landmarks like the popular Alaro city, Pan Atlantic University, Eleganza Industries, Epe resort & spa, proposed international airport, and the likes. The Lekki-Epe expressway also serves as an exit out of Lagos which makes it suitable for great industries in the Alaro city, Lekki free trade zone, Dangote refinery, Lagos free zone etc to transport goods in and out of Lagos rather than going through the city of Lagos down to the Lagos-Ibadan expressway just to move goods as this will cause inconveniences in the major roads of Lagos. What makes Lagoon Front Estate amazing and profitable in the long run is the consistent attention the Lagos state government is paying to that axis which has brought about the progressive construction of the roads from Eleko Junction down to Epe. So you will agree with me that there is a great plan for that axis as it houses a great number of projects and industries. One thing about development is once a location gets to a certain level of development and a great number of people living or working there, the neighbouring environment follows suit. I remember when Lagoon front estate was selling at the pr-launch price of five million Naira some months back, many avid investors utilized the opportunity to own one, three, five, and even ten plots before the official launch which its price was set at N7,500,000. Now before the year runs out, it will be selling at N10,000,000 per plot. Those that secured their plots at the early stage can decide to resell and make a good profit and at the same time, one can decide to hold it for a longer period to enjoy a massive return on investment. Amazingly, the estate has a good land title as it’s government-allocated land so you should rest assured of it coming with a Certificate of Occupancy. For the lovers of Lagoon or beach view properties, Lagoon front estate is a good investment for you as you can decide to benefit from it through these ways.
2. Mapplewood Forte, Lepia town Ibeju-Lekki
Mapplewoods forte is situated in Lepia town, Ibeju-lekki. It is about ten minutes drive from the popular LaCampagne Tropicana Beach resort. The estate has a good land title which is a Government approved excision so it is free from any encumbrances. It is currently selling for Four million Naira per plot which is a good buy for landed property in that particular area with such land title. I am sure you must have been hearing so much noise about owning a real estate investment in a location like Ibeju-Lekki. A lot of developments are really happening in that axis but here is a more convincing reason for you to own a plot or more in location like Ibeju-Lekki and most especially in Mapplewoods Forte Estate and know how best to position yourself and benefit from such investment.
3. Queens Park 2, Mowe-ofada
I remember publishing an article earlier this year on why you should invest in a profitable estate like Queens Park 2, mowe-ofada. Some people took action and some did not. It makes me happy when I see the growth and appreciation of the investment of those that took my advice early this year. Queens Park Estate is located in a developed and serene environment as it is situated in a ready-to-build location. The estate has a certificate of occupancy which is currently selling for Two million naira per plot. It’s a dry land and comes with basic amenities like tarred roads, good water supply, electricity, etc. Mind you, it has an opportunity for an instalment payment plan for as high as eighteen months payment plan which makes it affordable.
4. Carlton Court, Katampe Abuja
Carlton Court is located in a central area of Abuja. Katampe is a serene location that houses some of the top elite of Nigeria. It is surrounded by great neighbourhoods like wuse 2, Gwarinpa, and Jabi. Carlton Court is an estate that consists of four-bedroom terrace duplexes that comes with smart home features and fully-ensuite with facilities like air conditioner installed in all rooms, Solar panels, biometric home access, emergency response system, fully fitted kitchen, regular power supply, etc. The project is currently under construction which will be delivered on or before the second quarter of 2022. Each unit of the four-bedroom terrace duplex currently sells for Seventy million naira which is going to skyrocket in price by the time of completion of the project. For families looking for a serene and well-secured estate to move into in Abuja, Carlton court Katampe is your best option as you will be getting a unit now below the market value of a four-bedroom terrace duplex in such a location. Many might not understand the benefit of investing in off-plan properties but I assure you that your thinking will never be the same after reading this.
5. McLaurels Estate, Epe
Find out where people are going and buy it before they get there. Long-term Real estate investments have a way of reaping huge returns when done properly. For those who are on a budget and are thinking in the long-term direction, McLaurel Estate guarantees you the desired return. It is located in Igbola, Epe, and currently selling for Eight hundred and fifty thousand Naira per plot which makes it easy for you to own an acre or more at N5,100,000 per acre. It has great landmarks like St. Augustine University, Sir Michael Otedola housing estate, Epe resort, Yabatech Epe campus, etc Based on analysis and research, epe axis is going to skyrocket in value in the nearest future. I will leave you with a popular warren buffet quote, “If you aren’t willing to own a stock for ten years don’t even think of owning it for ten minutes” but in the case of real estate, If you are not willing to own a plot or acre for five to ten years in McLaurel Estate, don’t bother to own it for ten minutes.
6. Rubycity, Moniya Ibadan
Rubycity Estate is located in moniya which shares the same neighbourhood with the new Obafemi Awolowo train station in Ibadan. It offers an opportunity to own serviced plots and also has a governor’s consent (Registered deed of assignment) as its title which makes it secured and free from any government acquisition or encumbrances. It is most suitable for long-term investment as the projections for that location promise to yield a great ROI. It is located in a well-secured and serene environment which makes it habitable. It also qualifies for a ready-to-build area as it remains a developing location. RubyCity Estate comes in various plot sizes of 500sqm, 400sqm, and 300sqm which currently sell for N900,000 N750,000, and N600,000 respectively, and also have flexible payment plans.
Bonus:
All these various investments listed above will be beneficial for you in the long run and it will be advisable to get a real estate consultant to put you through to guide you before venturing into it and enable you to make better investment decisions at every stage of the investment process.
Source:Linkedin
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