20 Ways To Profitable Property Investment In Nigeria. No. 1
1. Residential Properties
Residential properties are land or houses acquired for individuals or families to live in. The profitability of residential property investment in Nigeria is backed by her population which is estimated to be over 200 million.
In 2019, the office of the Vice President economic team put the housing deficit in Nigeria at 20 million units with about 5% increase per annum. This means that if one million units of houses are built every year in Nigeria, it will take 20 years for the housing needs to be fully met if the population is static.
Accommodation will always be needed in Nigeria, especially in the suburbs of the city centres like Lagos, Port Harcourt, Kano and Enugu. Individuals and organizations can acquire residential properties in finished buildings or land investments for development of rental income apartment buildings.
Low budget land investments are available in locations with high projected population influx. A top ranked location is Ibeju-Lekki, Lagos.
For more information, please contact
Ikenna Nwosu on 08030529372 or leave a WhatsApp message on this link https://wa.me/2348030529372
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