Nigeria Real Estate: Pros And Cons of Investing In Nigeria Property
Nigeria real estate provides an opportunity for everyone living within Nigeria and overseas to invest in Nigeria property and make money from their real estate investments.
Unfortunately, a small percentage of people have lost their real estate investments to real estate fraudsters parading as genuine real estate agents.
In some other cases, even brothers and sisters of those living overseas have gone ahead to squander the money they received for the sole purpose of acquiring property for their relatives living abroad.
Yes, it is that bad.
Sadly, this disturbing scam stories have prevented hundreds of potential investors from buying real estate in Nigeria.
Buying Real Estate In Nigeria: Dealing With The Scam Elements
The truth is this . . . investing in Nigeria real estate has the potential to make you rich, especially if you decide to buy property in a commercial cities like Lagos, Abuja, Port Harcourt, Enugu, Anambra etc.
In fact, real estate in commercial cities has the potential to deliver steady 20 to 30 percent return on your investment year on year.
Pause and think about that.
Should you give up an opportunity to earn 20 to 30 percent return on your investment year on year because of the risk of stumbling into some quacks or fraudsters?
Of course, not.
Nigeria Real Estate Investment Opportunity
For example, do you drive?
If yes, are you aware that there is the risk of a crazy or drunk driver crashing his car into yours even when you have obeyed all the traffic laws?
Sure, that can happen. And thousands of drivers worldwide have lost their lives due to the careless driving of crazy or drunk drivers.
Yet, more and more people are applying for and getting driver’s licenses every year.
Yes, more and more people are choosing to drive themselves even though they risk been killed by other nonchalant drivers.
The same applies to real estate.
If you’re in paid employment (or have a business of your own) and, therefore, have access to capital, one of the best ways to grow that capital with minimum effort is by investing it in Nigeria real estate.
Real estate investing has at least three key benefits:
1. Real estate investing helps you save huge sums of money. Actually, multiple millions of Naira (or dollars) especially if you buy multiple properties during your active working life
2. Real estate investing helps you grow your money by as much as 20 to 30 percent per year, depending on where you invest and
3. All the money from all the properties you bought while you were in active service will provide the cash you need to enjoy a financially independent and happy retirement life
Therefore, this guide is encouraging you today not to shy away from investing in Nigeria property because of the presence of quacks and fraudsters in the real estate industry.
Instead, invest in Nigeria real estate through seasoned real estate investment coach.
The most reliable way to get rich investing in Nigeria is to invest in property.
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