Bad News About Lagos Cheap Land is that in the nearest future, these low cost property will go off the market because the more development we record daily, the higher the property prices.
its wise to “Buy land, they’re not making it anymore.” -Mark Twain
The window of opportunity for low-cost real estate investments in Lagos is quickly closing. The development of large projects like Dangote Refinery, Lagos Food and Logistics Hub, Lekki Deep Sea Port, Lekki Free Trade Zone, New Lekki International Airport as well as other Federal, State pending public project plans and individual business expansion on the land space that isn’t increasing will result in a high demand for the limited available land space, which will automatically cause land prices to rise.
Lagos is the London of Nigeria, in case you didn’t know the Bad News About Lagos Cheap Land is that it will no longer be available at a cheap rate.
Purchase real estate in Lagos while you can still find reasonably priced properties and position yourself for the massive returns you will enjoy in the future and also leave as inheritance for your children, even if it’s just a small plot of land.
However, there are nearby states like Ogun and City of Ibadan that make wise investment choices. Only those with vision can foresee that undeveloped areas, particularly those close to a megacity, won’t remain that way forever. Interestingly, for this neighboring locations its very easy to get your title document on your properties.
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