Wednesday 12 April 2017

WHERE DO I INVEST?

This is a question people who are interested in investing in properties often ask. Many ask to do their maths before making the leap.
In determining where to invest in Lagos or in Nigeria we will need to consider a key factor: Location
Lets look at the word LOCATION and the role it plays in real estate investment.




LOCATION: It is the largest variable in the home/Properties ownership equation..

But why does location matter so much?The age old punch line "LOCATION! LOCATION!! LOCATION!!!." Still rules and remains the most important factor for profitability in real estate investment. It is almost impossible to move a home or a land. Hence, when you buy a land or a house in a good location, you buy a solid long-term investment.What exactly makes a good Location?Proximity to amenities, peaceful conforming areas, neighborhood status, perception etc. are major factors for residential property valuations. While proximity to markets, warehouses, transport hubs, freeways, tax-exempt areas, etc. play an important role for commercial properties valuations.It is important to not only consider the current viability of a location but also the future viability.For example, a N15m land purchased in 2003 in Lekki, is worth more over N80m today. The rate on returns on investment can't be compared to a N1m Land bought in Mowe at the same time. Price appreciation is the biggest and measurable financial benefit to property investors.For details on strategic locations to invest in, contact:BRIGHTEL REAL ESTATE & PROPERTIES MANAGEMENT Ltd..

WHATSAPP:- +2347034258290
EMAIL:- brightelproperties@gmail.com
SKYPE:- Brightel Properties
FACEBOOK:- @Brightelproperties

INVEST WISELY!!!



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