The land is the only thing in the world that lasts, and it goes nowhere and is always available to change hands. But so many people miss out on the great benefits that empty land can bring you.
Leaving your land vacant may look like nothing is going on, but a lot is going on. Buying land and holding it for a while allows you to sell it ten times the price you purchased the land. And it’s as easy as it sounds!. In fact, in 2022, you should invest in vacant lands.
Know this, land buying and selling is a long term investment strategy, and it is an easy way to start building your real estate portfolio as a newbie real estate investor in Nigeria
Here are five reasons why you should invest in land in Nigeria this year:
- It is very easy to start: it is very easy to start out buying lands and selling them for great returns. Compared to buying a house, land purchase offers less stress, there are few inspections to carry out, and the risks are minimal.
With lands, the locations are bound to grow in the future; be it five or ten years, it will grow. For as long as there is a human population and families keep producing, that area will develop. So it is better to but into lands when they are less developed than when they are developed. - It is Secured: Buying into vacant lands is plug and play or, should I say, buy, wait and sell high. It is better to buy in estates. This protects your land from omoniles (reach out to us today to get your land in any of our estates. Visit our estate’s page right away).
Buying from estates comes with fences, which protect your land from being infringed upon and claimed by omoniles (land thugs); also, you get genuine documents by buying with estate agencies like Piedras Properties and Investment Limited. Once you buy from one of our estates, you just sit and wait until you are ready to sell for profits. - Takes nothing to Maintain: owning land for investment does not require money from your pocket to maintain. There are no monthly or yearly charges, and it costs you zero amount of money. Owning a house or other properties requires certain money for maintenance, but with vacant land, you leave it for three to 10 years and watch the value rise to and above 100% of the initial purchase fee. Investment doesn’t get better than this.
- You do nothing to the property: When you own or invest in land, you do not need to worry if the land fits your desired goal, unlike buying a building property where you worry if the building suits your taste and goals. This is the most simple and stable form of real estate investment. You worry less about a lot of things than you do when you have a building in your real estate portfolio.
- You have No Competition: When you own a piece of land, you have no competition. While others prefer the income that comes with owning houses, apartments, and commercial properties, you have less or no competition to battle with the sales of your land. This plays to your advantage, as you can buy and sell off later on
With these five points, it’s also noteworthy to add that you also get peace of mind when you buy into vacant land, as you never have to worry about the land being stolen or broken or in need of fixing. Your investment remains safe, and it guarantees you profits and peace of mind.
Check out our landed properties in various developing and developed areas of Lagos state, and start your journey to selling lands for huge profits.
You can also refer land buyers and earn massively when they buy land from Piedras Properties and Investment Limited. Click on this link now to fill out a form and get started.
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