Real Estate Investing

Real Estate Investing

It’s another new year, 2019!

After all the hullabaloo the reality of the New Year quickly sets in. Usually, there’s a tendency to overestimate what you can do in a year financially and underestimate what you can do in a month. With the current turn of events in the economy coupled with the unpredictable political situation; there’s heavy speculation about everything. Here are six things to do before making investment decisions in 2019.

 

Also read: How The 2019 Elections Affects Your Real Estate Investment At Ibeju-Lekki 

1. Draw a personal financial road-map

One of the primary reasons why most goals fail is the lack of tactical planning. Before making any investment decision, critically analyse your financial capacity. Decide the results you would want to see in the future and state exactly what you must do to achieve your written goals. That’s right, make sure you write your target figure.

Next, draft a financial road-map and identify your risk tolerance level. Most investment opportunities offer you a chance to either generate profits or risk a loss. However, there are certain investment ventures that are less risky – this is where you should focus on. Get your facts down and follow through on your road-map.

2. Evaluate your capacity in taking on risk

All investments involve some degree of risk. Investments like purchasing securities like stocks, bonds, or mutual funds entail a greater amount of risk. You could lose some or all your money and in the same way, you could gain a whole lot of money. On the other hand, the risk of investing in real estate is relatively lower and the turn over takes a longer time period. However, real-estate investments serves as an ideal long-term investment that can yield sustainable profits.

 

real-estate-investing

 

Read more: Why Real Estate is The Safest Investment Option In Nigeria

3. Create and maintain an emergency fund.

Life is highly unpredictable. While is optimistic to hope for the best, it’s wise to have a contingency plan. Always put money aside to cover emergencies like a sudden illness, family issues, unemployment and any other issues that might arise.

4. Diversify your investment portfolio

The ideal way to go about investing is to diversify your investments into short-term and long-term investments. Each category has its advantages and disadvantages. For instance, investing solely in the money market is appropriate for short-term financial goals, but the main concern here is the risk of inflation. Meanwhile, long-term investments offer a substantial way to secure retirement funds, while achieving your long term financial goals. You can hardly go wrong investing in real estate especially in Lagos state. The key to investing in real estate is to ensure factors like the location of the property, the title of the property, growth potential and zonal laws are taken into consideration.

5. Stick with Your Plan

Rule of thumb: always Buy Low and Sell High. The number one goal for investing is always to make a profit. Ensure you shift your money to the most profitable ventures. It’s important to do your research and determine which venture is profitable. Evaluate your investment portfolio regularly and identify which ventures are more profitable. Many financial experts recommend evaluating your investment ventures every six or twelve months.

6. Avoid circumstances that can lead to fraud

Scam artists follow the headlines too. That’s how they know how to trick you. Avoid quick money schemes (Ponzi schemes) and business deals that seem fraudulent. Don’t be easily cajoled by highly publicized potential investors and “opportunities” that may sound legitimate. Ask questions. Take out time to carry out your research and seek answers from unbiased sources before investing.

7. Save more to invest more

To invest more, you need to save more. Saving more entails cutting back on unnecessary spending. it’s critical to consider the volatility of the economy in making your investment decisions.

 

 

Since you’re here…

We’ve got the best real estate deals for you that can guarantee up to 400% return on investment in less than five years.  All our properties are strategically located and have valid  land documents (valid C of O.)

Get the best land for sale deals in Lagos. Call us today on 0908123456409095757575. or send us an email at info@sevicpdc.com and we’ll give you the real estate investment of a lifetime. If you aren’t looking to invest in real estate, I’m sure you know someone who’s interested. Pass this information on!

You can also chat with us on WhatsApp: 09095757575 09081234564

 

How Land Flipping Works In Nigeria

How Land Flipping Works In Nigeria

What is Land Flipping?

Land flipping is a type of real-estate investment that involves buying lands at a low price and selling at higher prices to make huge profits. This type of real-estate investment is profitable when land buyers buy land in an area that’s rapidly growing. You can make up to 300% on your investment in a few months or in some cases a few years.

Why land flipping is an incredible form of reaping profits:

Value Appreciation Of Land

The value of land compared to other forms of investments like cryptocurrency or stocks doesn’t fluctuate over time. Preferably, the value of land appreciates by day. In Lagos in particular, the value of land (depending on the location) can increase by up to 30% in one year. Certain areas like Lekki Phase 1 have seen a 500% value appreciation in the cost of land in just five years.

Lower Maintenance Cost

Land unlike other forms of real-estate investments require minimal maintenance. With buildings, you’d need to renovate frequently to maintain the integrity of the property. With land, you can let it sit fallow for years without spending much in maintenance and it will still appreciate in value. Land flipping is the ideal business for people who have low start-up capital and still want to reap huge profits within a short time period.

Ease Of Managing The Investment

One of the downsides of other forms of real-estate investments like rental properties is dealing with tenants, tax issues and other issues associated with maintaining buildings. We all know the stress that property owners face when it comes to relationships with tenants, government, etc. One bad tenant could cause a landlord to incur unnecessary expenses or deal with delayed payments. Flipping lands cut off all these contingencies. Plus, it’s easier to sell lands.

 

land-flipping

 

Read more: How to recognise a good land sales deal

 

Ease Of Sale

With lands, there’s relatively no need for special effects pictures or need much advertisement before selling the land. All you need is buy land in a fast developing area and wait for buyers to come knocking at your door, plus it’s easier not to have any emotional attachments on lands. It’s possible to resell land without the help of a realtor. You can take advantage of the many websites available to get the deal closed from the comfort of your room. The simplicity and stability that comes with owning the right piece of land, bought at the reasonable price, surpasses a wide range of problems that come with other forms of problems involved in other types of real-estate investments.

Very Little Competition to Deal With

Buying land spares you the stiff competition that comes with every other property on the market. Plus, as a land investor, you can call your own shots.

How To Make Money Flipping Lands

The key to making money from land flipping is determining the most advantageous location. Like we said earlier, people generally procrastinate doing important stuff like investing in areas that are developing. Most people would rather wait until the area has attracted value and relatively more costly before investing. Significant examples of this is the current rush to own property in areas like Lekki, V.I, Ikeja and many others.

What makes a smart land flipper is the ability to identify potential high viable areas and buy lands while the prices are still relatively low and then wait for the ‘procrastinators.’

Olatunji discovered this the easy way, and he has this to say,

“By this time five years ago, I had a pump in my salary, and I was actively looking for opportunities to invest. After going through a couple of options, I decided to invest in buying two plots of land at Ibeju-Lekki at N 800, 000 each. At that time, it seemed odd, all my friends asked why I would go so far to buy land. I reasoned that, if a Free Trade Zone was taking root there, it was only a matter of time before the value of lands around there appreciates. Anyway, I recently resold these two plots for N 5, 300,000 each. That’s an ROI 662.5% in five years. If I waited for a little over two years, I’d have undoubtedly made a 1000% ROI. I’m going further down to acquire more lands and wait.”

To make huge profits in flipping lands, follow these tips:

  1. Research thoroughly, pick out areas that are rapidly developing, have the potential for developing in future or already developed areas. Depending on the location and economic viability, certain areas mature faster than others. If you’re opportune to acquire land in a more developed area at a fair price, go for it. More developed areas are the easiest to flip in a couple of months and earn profits compared to developing areas. Developing areas may require a couple of years to fully appreciate.
  2. Ensure that the seller is the rightful owner of the land and has complete land documents including a Certificate of Occupancy or a Governor’s Consent. Avoid lands with inconclusive land titles like Excision in Process or Gazettes. Since you’re reselling, you must avoid getting caught up in land title issues. Go for clear, genuine lands with the appropriate land titles.
  3. If you’ve secured the perfect land at an ideal location, do some work on the land. Clear the land, create a path or road to the land. Get a surveyor to get the area marked and craft a brilliant description of the area; highlighting advantages to cajole a potential buyer to opt in.
  4. If you cannot write professionally, employ the services of experts in the field and then, run adverts on the land, utilizing the numerous social media sites and other forms of advertisement.
  5. Avoid getting attached to any property, so it’s easy to let go and sell to someone else. Always keep in mind that it is business, and you’re out to make a profit.

Conclusion:

Interested in investing in real estate? Here’s a once in a lifetime opportunity to invest in Ibeju-Lekki. LekkiVale Estate located along the Lekki-Epe expressway opposite the proposed New International Airport with a valid C of O is our fastest selling estate with ROI of up to 150% in the next three to four years.

 

 

Also read: What makes LekkiVale Estate stand out from other estates?

 

Call in today at 0908123456409095757575. Send us an email at info@sevicpdc.com and let us give you the investment of a lifetime.

You can also chat with us on WhatsApp: 09095757575 09081234564

 

Real Estate: The safest investment option in Nigeria

Real Estate: The safest investment option in Nigeria

It takes money to make money.

Someone once told me to forget about building wealth if I wasn’t willing to take the risk of investing in long-term ventures. They are typically two types of investments; long-term investments and short-term investments. Each option comes pros and cons. Typically, the economy you find yourself in determines the sort of business you should invest in.

Nigeria is an emerging, middle-income, mixed economy with rapidly expanding manufacturing, financial, service, communications, technology, entertainment and real-estate sectors. Although fairly stable, the Nigerian economy is immensely influenced by its political stability and transference of power. Each political tenor typically comes with new policies and in most cases, hinder the furtherance of the past tenor’s developments. In a country that works like this, investing in real estate is one of the safest investment options that hardly succumbs to the frequent political alterations.

Real estate is the quickest way to build wealth (not overnight) in a lifetime. It is largely a numbers game. Investing in real-estate is not reserved for the financially buoyant, it’s an open playing field that guarantees good financial returns and you can be a part of it.

Read what Pastor Paul Adeferasin, Head Pastor of the House On The Rock Church has to say about investing in real estate in Nigeria:

10 years ago, we bought House On The Rock, an area just under 10 acres for ₦25 million. This same area without the brick and mortar is currently valued at ₦3 billion. In other words, we’ve created an asset base with 10 years differential of ₦3 billion with just ₦25 million. With the fully finished and furnished building, the value spirals to at least ₦10 billion naira today. What about 50 years from now?

(Text has been revised and paraphrased)

 

houses-for-sale

 

How Can You Benefit From This?

The value of the property appreciates over time. There are various ways to invest in real estate, however, this article focuses on land acquisition. The simple rule of thumb is, buy low, sell/lease high, save profits and re-invest in acquiring more properties. This is how to exponentially grow your real-estate portfolio particularly if you’re just starting out.

Go For Land

Acquiring land gives you the opportunity to start on a small scale, with minimal maintenance. Land can lay fallow for years and still appreciate in value compared to a property that needs constant maintenance and a truckload of cash. However, with acquiring lands, you need to tap into the gift of foresight; see where the future is going and get there before the crowd does.

Today’s most lucrative estates where once seen as far-off and unreachable. For instance 10 years ago, the Lekki region was extensively swampy and seemed to have low prospects of growth. At this time, the lands were inexpensive and seemed unprofitable. 10 years down the line and a plot of land (if available) in this area is worth millions.

What Makes Nigeria Such A Fabulous Location?

Rapid Growth Rate

As reported by Worldometers, Nigeria’s current population is 197,363,050 based on the latest United Nations estimates. With a population density of 215 per Km2 (557 people per mi2.) 51.0 % of the population lives in urban areas (99,967,871 people in 2018)

The median age in Nigeria is 17.9 years. (An actively growing population) The total land area is 910,770 Km2 (351,650 sq. miles); an amount that’s relatively fixed.

With the above statistics, this is a good place to quote Mark Twain.

“Buy land. They’re not making it anymore.”

Nigeria’s economy is growing and has an exploding population rate, coupled with its tenacity of its people, buying land is the surest way of securing your future and building wealth.

 

Read more: Top ways to save and invest in real estate.

How to spot a great location for land acquisition?

The smartest decision with buying land is the location. Choosing the right location to buy land is EVERYTHING. In choosing where to buy land, consider the following the following factors:

  • The economic growth potential of the region
  • The level of immigration
  • Infrastructural developments
  • Nature of land; is it prone to flooding?

The biggest mistakes investors make is buying overpriced land in an economically declining area and yet expecting a high ROI in a few years. While the value of land appreciates, there are areas that appreciate faster than others. Some might take 10 years, while others take 5 years.

Find out where the industries going. Consider the history of the area. Is the area prone to social, political or religious riots? Where are multinationals pining their tents?

Keep in mind: where companies go, young people go; where young people go, smaller businesses follow and then, the demand for housing needs shoot up.

 

Also read: The ultimate land buyers’ checklist 

Always Compare Prices

Just because you have gotten the perfect location doesn’t mean you should pay the first amount they ask for. Always compare the price of the land with the neighbourhood. Strive to get the best deal possible, baba ask questions. Most importantly, ask for the land title.

 

An interesting piece to read: Land Titles and how it affects your investment

 

Choose LekkiVale Estate

LekkiVale Estate is located at the heart of Ibeju-Lekki. Ibeju-Lekki is generating all the buzz in the economic development sphere in Lagos state. This region is expected to be the prime commercial hub of West Africa by 2025.

LekkiVale Estate presents the perfect opportunity to invest in this booming region. Lekkivale Estate is 100% dry land with a Certificate of Occupancy. Call us today at 0908123456409095757575 for more information or Send us an email at info@sevicpdc.com.

You can also chat with us on WhatsApp: 09095757575 09081234564

Let’s give you the best investment deal of your life with a guaranteed 150% ROI in three to five years.

 

Best Land deal in Nigeria: Land for Sale

Best Land deal in Nigeria: Land for Sale

Real estate development revolves around prime locations. Almost every aspect of land for sale can be changed except where’s it’s located. Location determines the price of a property.

For instance, you can have identical buildings, one located at Egbeda and the other located at Banana Island. Both houses built using the same materials and design will command different prices. The house located at Banana Island would cost as much as four times more than the house located at Egbeda.

Factors to consider in determining the right location to buy property

As an investor, you should always consider the present and the future when making investment decisions. For instance, an area that appears to be of enormous financial value now, might not be the case in the next five years or ten years. Just like a disregarded area now might explode in five years. However, in both cases, there are several forecasting determinants like the following:

 Would there be access to basic amenities on the land for sale?

The concept of sustainable development leans toward the availability of constant electricity, water supply, security, and well-paved roads. Look out for areas that have access to water, electricity supply and security. All these are the basis for economic growth without which, sustainable growth may be limited. Long-term real-estate developments are directly associated with and dependent on the availability of these variables.

 

residential-land

Residential Land

 

Read more: The ultimate land buyers’ checklist 

What is the predominant social class in the area?

The value of land for sale is correlated with the social class of people living within the area. Going back to our comparison of Egbeda and Banana Island: Egbeda is predominantly made up of low to middle-class income earners while Banana Island is inhabited by predominantly high-income earners. This social and economic disparity influences the price of both properties. In urban areas, town planning decisions largely depend on ‘who’s’ moving into or living in the area. As minimal as it sounds, it is extremely important to consider who your ‘neighbour’ is when buying land.

Is it close to major roads?

Access to the land via paved road is crucial. When it comes to buying land, convenience is everything. Areas located close to a major highway invariably attract sustainable development and thus high ROI on real-estate investments.

What is the official title on the land?

This is perhaps the most critical factor on this list. Even if a plot of land possesses all the above factors, if the land for sale doesn’t have a valid C of O or Governor’s consent, it’s best to avoid the land for sale. There are different land titles and each land title influences the price and ownership status of a property.

For instance, two plots of land located in the same region will command two different prices if they have different land titles. Suppose the first plot of land title is excision in process and the second plot has a  C of O. The second plot would likely cost twice and in some cases three times the price of the first land. The reason is, a C of O land title guarantees ownership and secures real-estate investments.

Also read: All you need to know about land titles in Nigeria

What is the ultimate deal for you?

Every once in a while, a fantastic opportunity for real estate investing like the Ibeju-Lekki area presents itself. Ibeju-Lekki has attracted massive industrial investments like the Dangote Refinery, The Deep Seaport, The New International Airport, The Fourth Mainland Bridge, etc. However, amidst all the buzz and rush to this region, there are severe cases of fraudulent land sales. If you’re not careful, you might lose your money by buying land you should avoid.

Firstly, most of the land available in this region do not have proper land titles. The Ibeju-Lekki area has been marked by the government as a growing urban zone and thus, most of the region legally belongs to the government. The common land title is the excision in progress title, which gives you a 50/50 chance of actually OWNING the land. While, A Certificate of Occupancy (C of O) protects you from all these uncertainties, and you’re assured of 100% ownership.

LekkiVale Estate offers you the BEST deal available in Ibeju-Lekki today, offering you the following:

  • LekkiVale Estate has a valid C of O
  • Flexible Payment Plans for up to 12 months.
  • Strategically located by the Lekki-Epe expressway, opposite the proposed New Airport.
  • LekkiVale Estate offers you FREE bespoke architectural plans worth up to N250,000 to choose from.

Call us today at 0908123456409095757575 or Send us an email at info@sevicpdc.com for more information.

You can also chat with us on WhatsApp: 09095757575 09081234564

 

 

 

Ibeju Lekki: 8 reasons why you should consider moving to Ibeju Lekki

Ibeju Lekki: 8 reasons why you should consider moving to Ibeju Lekki

Ibeju-Lekki is the fastest growing commercial and residential hub located in the Epe Division of Lagos State, Nigeria. Ibeju-Lekki is undoubtedly one of the hottest locations to invest in Lagos. Here are our top 10 benefits for moving into Ibeju-Lekki:

1. Beautiful landscapes and Amazing beaches

Ibeju-Lekki is home to one of Nigeria’s most palm-fringed beaches. Its beaches, landscapes, and lagoons make this area a prime tourist spot. Most of the indigenous people make a living from fishing. It’s quite common to see children swimming in the ocean or the grown-up’s cozying to a bowl of special fish soup locally called ‘ Imooyo’.

Ibeju-Lekki offers the perfect escape from the rowdy, crowded parts of Lagos. To top it all, LekkiVale Estate strategically located in Ibeju-lekki offers you just the perfect home; allowing you to explore and experience a better work-life balance, access to great outdoor activities and cheaper living costs.

2. The convenience of Well Paved Roads

Most of Ibeju-Lekki is connected to Lekki and other areas of Lagos by the Lekki-Epe expressway. It’s easy to move around Ibeju-Lekki using public transportation or a private vehicle. LekkiVale Estate is located along the Lekki-Epe expressway allowing you easy access. It takes approximately 45 minutes to get to LekkiVale Estate from Lekki phase one.

3. Endless Entertainment Options (Even on Weekdays)

Ibeju-lekki is a growing town and has attracted a good number of hotels, resorts, and lounges. This budding town offers you a wide array of fun activities. You can visit the white-sandy Eleko beach or give your family a treat at Funtopia, Tickle Bay, Omu Resort, La Tropicana, and many others. There’s something for everyone and if you love fresh fish then, you should definitely reside here.

In addition, LekkiVale Estate offers for you and your entire family fun outdoor activities like a tennis ball court, basketball court, swimming pool, and a clubhouse.

 

ibeju-lekki-lekki-free-zone

Lekki Free Zone, Ibeju Lekki

 

Read more: All you need to know before buying land in Lagos

 

4. Top Quality Restaurants and Shopping

Ibeju-Lekki is home to mouth-watering seafood cuisine on this side of the West. As a new resident, your taste buds would be wowed. Ever had the real fisherman’s soup? Keep your fingers crossed.

Several shopping complexes are located across Ibeju-Lekki to cater to the shopping needs of the residents. Shoprite, as well as a number of other multinational retailers, are currently under construction to cater to the anticipated 800, 000 people expected to move into Ibeju-Lekki by 2020. Just to add, the community is every mother’s dream, they have the cheapest fresh foods.

5. Low Crime Rate

Ibeju-Lekki has lower crime rates compared to other areas of Lagos. The possibility of robbery and other crimes are relatively low. Life on this side of town is more peaceful and generally calm. If you intend on raising a family in a serene and tranquillity, then this is the pristine region for you.

6. Less Crowded

Ibeju-lekki is spread across 455km2 (176 sq mi) and has an estimated population (2006) of 117,481. This means you wouldn’t have to deal with all the congestion that comes with living in crowded areas. LekkiVale Estate offers you and your family ample parking space and a large backyard, where your kids can play in the sun. You can say goodbye to neighbour squabbles over parking space.

7. Better Job Opportunities

Ibeju Lekki has attracted massive industrial projects like the Dangote refinery and fertilizer plant at the Lekki Free Zone area, a petrochemical and power plant, a deep-sea port, the fourth mainland bridge, the New International Airport, a blossoming tourism sector, and even the Pan-African University all make this area the new commercial hub of Lagos.

Ibeju-Lekki is also one of the locations for the Lagos Smart City deal with Dubai. With the actualization of this blueprint, this region would become a central hub for business, manufacturing, warehousing, and logistics and will create many job opportunities.

Also read: Industrial developments at Ibeju Lekki 

8. Investment Opportunities

Even if you don’t intend on moving to the Ibeju-Lekki region, it is an ideal location for investing. The LekkiVale estate gives you a unique opportunity to buy into this region with expected returns of up to 400% in the next five years. Call us today at 0908123456409095757575 or Send us an email at info@sevicpdc.com

You can also chat with us on WhatsApp: 09095757575 09081234564

 

 

 

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