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Wednesday, November 7, 2018


Hot cake of real estate is IBEJU LEKKI

In the 90's it was Lekki. A plot then sold for 50000 naira. Those who took the risk and invested in the then Maroko, are now Multimilllionaire or billionaires. I met an elderly man who told me his story. See below.

I was given a plot in Lekki on a platter. They asked me to invest in landed property in Maroko, which is now known as Lekki
They asked me for #50,000. Then I could afford to buy ten, if I would not exaggerate. But I already had a house of my own so I felt I did not need a house anymore. Besides I did not want to live in Maroko.
But my poor decision became dawn on me when my office needed a piece of land in Lekki and I was to seal the deal two years ago. That parcel of land cost whopping 80million naira. I was nonplussed. That was when I remember about 10yeras ago when they practically were begging me to buy land then.....

That's is the story of my client. He blamed himself . I don't want to suffer a similar fate. Even though you already live in a house of your own, it is not an excuse for failing to invest in this hot cake of real estate- IBEJU LEKKI
The man bought the property in Ibeju Lekki not only because he saw the huge return he would have made if he had bought the Maroko but also the huge government and private investment that are coming Establishment in the coastal area.
THE INTERNATIONAL AIRPORT
this is going to be an ultramodern airport which is going to generate the influx of people of high timber and calibre. If you don't want to live in this area, you can construct a hotel to lodge foreign expatriates. You can have eatery, motel, garage, event centres, recreational facilities, or even lease the property to courier service or bureau de change. The business opportunities are limitless.
THE LEKKI DEEP SEAPORT
Wherever there is a seaport, you should expect that there are warehouse around, either government or private owned. Another business that can be a multiplier effect is hotels, cuisine, and so on.
DANGOTE REFINERY
Wow! If you don't want to invest for any reason, you can invest only because of Dangote Refinery. This is a facility that will provide employment for about 5,000 workers. Think about that... Where are these professional going to live? They will prefer to live in the neighborhood. Such that within 30 minutes they will be in there work place. They don't need only houses, they need shopping mall, recreational facilities, eatery, event centres, schools, mosques, churches, ball, car wash services, cinemas. These are areas where you can look into if you personally do not like to reside in such a fanciful environment.


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