THE IBEJU-LEKKI CORRIDOR.THE VALUE OF REAL ESTATE APPRECIATION ON STEROID The Lekki Peninsular in Lagos State, Nigeria, is arguably the fastest developing and appreciating real estate in Africa. For savvy real estate investors, whether you are buying to develop or buying to hold and sell when the value appreciates, the smart money is on land out in Ibeju-Lekki for a number of reasons. Currently, the land is dirt cheap, but not for long, any intelligent player knows this is the time to move in, while the diamonds are still in the ground, this is the time to acquire the plots, before the myriad plans the Lagos State Government has for the area start to materialize and the Big money comes flooding in. The early movers will benefit from the explosive price appreciation the properties will experience as a result of their proximity to the Lekki Free Trade Zone, The Lekki Deep Sea Port, The Lekki International Airport, The Lekki Stadium as well as more than 50 up-market residential estates. Several major players like Coscharis Motors, Shoprite, The Eleganza Group, Lagos Business School, HFP Engineering ( Developers of VGC ), Mountain of Fire University etc have either built extensive facilities or are in the process of constructing them. That is a good indicator that now is the time to get in on the action. Experts posit that the LFTZ has contributed immensely to the surge of real estate development in the once sleepy communities, especially communities surrounding the LFTZ.The development has triggered high demand for land, which has set the property prices on an upward trajectory. Among factors prompting an increase in demand for property is the flood of foreign investors. Some of them have already commenced construction activities such as clearing and stabilization of sites, and provision of infrastructure, installation of equipment etc. Its good news for property owners in the vicinity :- Tiye, Bogije, Igando Oloja, Museyo, Ibeju Town, Lakowe, including the Epe axis. There is a large increase in the number of new homes, estate developments, educational institutions, religious organisations, hotels and tourism centres with the resultant increase in opportunities for the locals.CALL LANRE FOR VISITATION TO OUR DOMINION GARDEN OR FOLKLAND ESTATE NOW!
Posted on: Mon, 01 Jul 2013 17:25:59 +0000
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