A Smarter Way To Buy Real Estate


Lagos, Nigeria still remains the top destination for foreign and local real estate investors due to its dense population, high concentration of commercial activities and ongoing development projects within the metropolis. 

Hence, if you intend to buy a real estate property for investment here in Lagos, I advise you to consider two factors.

They are high returns and capital growth.

These key factors would enable you to get the best out of your real estate investment, and both of them can easily be achieved when you purchase off-plan properties.

So what is an Off-Plan Property? An off-plan property is a property that is often sold before construction begins.

So here are the 4 things you could possibly miss out on by not investing in an off-plan real estate property:

1. Lower Purchase Price: Buying an off-plan property gives you the opportunity to secure a property below  market value. In most cases, this happens because developers are usually willing to sell out as many units as possible before the estate is completely built.

It might also excite you to know that most property developers offer additional discounts for investors who purchase multiple properties at any one time as an incentive.

2. Installment Payments: Another big advantage of buying an off-plan property is the fact that most off-plan deals give you the opportunity to buy properties by paying a minor initial deposit and completing the rest of your payment in monthly installments.

Such payments allow you to purchase a property without a significantly large deposit payment. 

3. Huge Returns on Invested Capital: Investors who purchase off-plan properties profit richly from the yearly growth in house prices, especially in a densely populated city like Lagos.

For instance, some of my past clients are still very grateful till date for some of the off-plan opportunities I advised them to invest in because of the profit they made from selling the completed property a few years after. I'm talking about 300 — 987% in profit.

4. Decent Profit Before The Property Is Completed: By buying an off-plan property, you can still earn decent profit if you decide to sell your investment even before the property is completed.

This is because it is more than likely that your property will go up in value before completion, making it possible for you to sell at a higher market value than you initially bought it.

Extra Tip: As an investor you can experience huge returns on your property investment by renting out your property and also gaining the benefit of yearly appreciation of your property. 

For more information about Nigerian real estate investing, call/whatsapp Christopher on 09084728921 today 👍🏻

Christopher is a brilliant content writer and digital marketing executive who enables brands to connect in a human way with their audience on the internet. He is also a trained investment advisor, with a passion for helping people secure and maximize their financial resources.

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