Perhaps you’ve heard the buzz about real estate in Ibeju Lekki, and you’re wondering what it’s all about?
Well, it’s not a hype… the value of Ibeju Lekki is rapidly appreciating which makes it a haven for investors and developers.
In fact, if you missed out on investing in owning a property at Ikoyi or Victoria Island in the early days, then you don’t want to miss out on Ibeju Lekki.
Experts predict that in the next 10 to 15 years, a plot of land will be sold for as much as 450 million naira.
Ibeju Lekki is a budding commercial hub with ongoing projects including the Lekki Free Trade Zone, Dangote Refinery, deep sea port amongst others.
The area also has a lovely landscape with proximity to the ocean, and serene environment.
All of these qualities makes Ibeju Lekki a prime location for both residential, commercial, and investment purposes.
This new crème de la crème neighbourhood of Lagos is the savvy real estate investors dream because it’s capable of generating good return on investment… which helps you enjoy the financial security you desire.
Follow closely as we take a deep dive into the benefits of investing in a prime location like Ibeju Lekki.
Major Reasons Why You Should Invest In Ibeju Lekki In 2021
The concentration of multi-billion dollar industrial projects in Ibeju Lekki accounts for its vast and significant development. And these level of development is triggering an appreciation in the value of real estate in the Ibeju Lekki area.
While the value of property is appreciating, guess what happens to people who invested in real estate in this area earlier on…
Well, their investment is paying off and will continue paying off with high return on investment, as the value of real estate continues rising.
Ibeju Lekki currently houses multibillion-dollar investment projects like the Dangote refinery (the biggest refinery in Africa and 6th in the world), a $12 billion project operating in the environs of Ibeju Lekki; Lekki deep seaport – a $1.65 billion project, Lekki – Epe international airport, Lagos Dubai smart city, Prestigious beach resorts, Lekki golf course and over 100 developing estates, as well and other international projects set to operate.
But what does that actually mean for landowners in Ibeju Lekki?
How does it affect the value of their land and their profit potential?
These are probably some of the questions running through your mind.
Here’s a befitting answer…
These aforementioned international projects and multi-billion dollar projects in the Ibeju Lekki locality, not only increases its industrial development… it’s also attracting infrastructural development.
The combination of these factors is attracting people to Ibeju Lekki and we’ll attract even more residents to the area once these mega industrial projects are completed soon.
Talk about an excellent opportunity to enjoy passive rental income on your property in Ibeju-Lekki, or even capital gains, if you decide to buy good portions of land to keep and sell at a higher price when the boom kicks in.
As a result, landowners make more money over time.
This brings us to the next reason why you should be investing in Ibeju Lekki; follow closely.
Properties in fast-developing locations like Ibeju Lekki are known for frequent spikes in their prices. Now, this may sound like bad news, however, it is good news for smart investors that invest in those properties when they were still cheap and affordable.
As at 2001, a plot of land in Lekki was sold below 7 million, but today, you can’t get it lower than 150 million.
Imagine you purchased the land when it was below 7million in 2001, you would have made over 100% profit in addition to your investment.
For Ibeju Lekki also, history is about to repeat itself again… and you can acquire it today, and enjoy up to 100% profit or more on your investment in as little as 2 years.
What smart investors don’t do is ignore good investment opportunities while watching others seize the opportunity and make millions out of it.
3. INFRASTRUCTURAL DEVELOPMENT
Sit back and look around Lagos, and observe the availability of infrastructures like efficient hospitals, standard schools, and other facilities in different locations.
Now compare the availability of all these infrastructures across Lagos. What you would discover is that certain locations have a concentration of infrastructures while some have some or none at all.
Ibeju Lekki is one of those locations that’s getting serious attention from the government as regards infrastructural development.
And that shouldn’t come as a surprise when you consider the level of private and government investment in industrial projects in Ibeju Lekki.
In a nut-shell Ibeju Lekki and its environs is beginning to get the government’s attention because it’s perceived as a very viable location to contribute significantly to the nation’s GDP. And this further drives the value of properties in this area upwards faster than most people can imagine.
4. STABILITY OF REAL ESTATE INVESTMENT
With the fragile state of the economy, it is expedient to be financially secured and prepared as an entrepreneur, individual and investor. The best move for a smart investor or entrepreneur to be financially secured in spite of the predicted economic recession is to invest in reliable and sustainable investment vehicles that have low volatility.
And real estate is renowned for its low risk and low volatility… which is why savvy investors diversify their investment portfolio by investing in real estate especially in locations with good profit potential like Ibeju Lekki.
Don’t just watch as others create wealth with real estate investment in Ibeju Lekki… take the step to becoming a smart investor today and invest in Real estate.
In the words of Ada Louise “Real estate is the closest thing to a proverbial pot of Gold.”
Invest in your own gold mine today.
Ready to invest in Ibeju Lekki? You can call us right now to book a land inspection on 0811 027 8930