Posted on : 09-12-2009 | By : admin | In : Real Estate
“TOP FIVE REASONS TO OWN A PROPERTY IN NIGERIA”
- The Nigerian Real Estate Market is yet to be fully tapped and for the few investors already in it they are well to do. This is because the sector is yet to be fully tapped into.
- Population Explosion- Nigeria has a population of over 140million people as at the last census exercise in 2006. This simply equals to a large demand for shelter across the nation, and most especially in the commercial areas of the country. E.g. Lagos, Abuja, Port Harcourt, Aba and Onitsha.
- The Federal and State Governments of Nigeria have got a little impact and contribution in providing homes and shelters for their citizens. This has created a large vacuum in the Real Estate sector, so big a Vacuum that the ever increasing population has surpassed the number of government housing projects. The ratio thus is alarming- 1 in every 100k people live in government owned houses.
- Demand over Supply- going by the number of people currently based in Nigeria and the number of new businesses on the increase in the country it is imperative to say that the demand for both Residential and Commercial Accommodation has shot up 100% and counting.
- The Fifth Reason why you should own a property in Nigeria- is for you to be play a role in filling the large gap in the sector. There is no asking if it’s a sure and viable area to invest, this sector is yearning for both small and large scale investment. And returns on investment is guaranteed 100%.
- check our website for property listings www.FSBO-HOME.BIZ/1933
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Help answer the question about big real estate
How to make big deals in real estate ?I have seen many people in the real estate business but yet I did not see any real person who can buy a big land….
how should i find such buyers ?
What should I do to find some one who can be a real buyer?
okey thanks for your help if you think to give some
waiting for your replies
Cya friends
About Author
Ikay Izuako is a real estate agent and marketer,
