YOU COULD FIND YOURSELF ASKING “IS BUYING LAND A GOOD INVESTMENT?”. This piece is for you.
You owe it to yourself to at least be educated about the different types of real estate investing. You could find yourself asking “Is buying land a good investment?”. Well, I’m not saying that buying land is the ‘be all end all’ of investing, but you should definitely be open to including it in your portfolio and I will tell you why you should do so. HEREIN ARE THE REASONS WHY BUYING LAND IS A GOOD INVESTMENT Land Increases in Value You can purchase a valuable and quality piece of land for let's say 1 million naira. If you do your due diligence properly and make sure that the piece of land is in a path of growth, it could be supremely attractive to future developers and you could sell that land for as much as x5 the amount you bought it. Land is a Tangible Resource If tomorrow the world decided that money was just a useless piece of paper and has no value, land will still be something . It will be something tangible and physical that is YOURS, regardless of...