Nigeria is currently the largest economy in Africa with an estimated Gross Domestic Product of $482 billion, and this will increase by 2% in 2019.
The non-oil sector of Nigeria’s economy is largely powered by the Agriculture, Information & Technology, Manufacturing and Real Estate industries, with Real Estate expected to contribute more than 5.63%.
In 2017, Real Estate was the fifth biggest contributor to Nigeria’s GDP, and last year, the sector grew by 38% and contributed ₦1.26 trillion to the economy.
With Inflation Rate in Nigeria averaging 12.45% annually since 1996, and Money Market Funds returning an annual rate of 13.06%, your portfolio must be positioned to beat these percentages, and generate good returns.
Left, or Right? North or South? What’s the Way Forward?
A recent report by African Investment Group shows that over 70% of Lagos GDP by 2025 will be from properties in the Lekki-Epe axis. This means properties valuation will double, triple and even quadruple.
Properties in the axis have averaged ROI of 25-30% ROI over the past 12-18 months, and with development such as the fourth mainland bridge, Dangote reﬁnery& international airport in the works, the ROI could be in excess of 150% within the next few years.
(Image: Avg cost of 400sqm titled (CofO) land in Lekki-Epe Corridor 2017 Vs 2019)
Our developments in the axis: GreenPark and Lekki Pearl Estates have also witnessed massive increase in valuation. A 400sqm property in GreenPark has experienced an almost 100% in less than three years.
If there is any good time to take a position in Lagos property’s market, now is the time.
Take Advantage of our 20% Buy Back Option
Because we are so certain of the increase our properties will have over the next few years, we introduced a ‘Buy Back Option’ where we will buy back your property after 12 months of investment at 20% interest, if you decide to liquidate your asset.
This buy back guaranteed investment is an option for individuals who want to leverage the investment potentials of Real Estate.
Why don’t you pay a visit to our sites this weekend, so we can show you the world class infrastructure present on Lekki Pearl & GreenPark,
Schedule a visit this weekend call: Yewande – 0818 677 9802 ; Seun-0902 888 82 63 or email:Amdcsales@alphamead.com to book a convenient time.
About The Author: Alpha Mead
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