WHY SHOULD YOU INVEST IN KOPABE, OGUN STATE
There’s a lot of buzz going on about seizing the opportunity and purchasing land in Ogun state, Nigeria. I’ll tell you why!
Any good real estate investor understands that purchasing property in the right location and at the correct time are key elements to making an amazing return on investment.
Abeokuta is the right place and now is definitely the right time. Keep reading and let us convince you to grab this opportunity for yourself.
For more information on how we can serve your real estate needs, you can check us out here.
WHY OGUN STATE?
Location-wise, Ogun state is in close vicinity to Lagos and the state is taking good advantage of this fact. Lagos, the largest city in West Africa, is already above capacity and is therefore landlocked as a result of this crowdedness.
As a result, Ogun State has multiple investors interested in buying real estate there. Numerous companies are relocating to Ogun state either because they are expanding or due to the congestion in Lagos. To buttress this fact. The commissioner reported that “Lagos is landlocked which makes Ogun state a natural fit in. When it comes to the issue of where people go next for citing industries, Ogun state is the number one choice.”
Additionally, the Ogun state government has put a lot of effort into the infrastructural development of the state. The government has created better roads for easy transport. More specifically, the state government completed a road construction from Kuto roundabout C down to Kopabe interchange, a bridge built in Ijebu- Ode across Benin- Ore Expressway and is in the process of completing a six-lane road in Aiyetoro in Yewa North local government area of the state.
If all this is not enough to convince you of the increasing development in Ogun state, there is also a 32-kilometre road that runs all the way from Sango-Otta to Akute near Ojodu Berger that is being built. Five bridges are being constructed on this road which is not even inclusive of an additional bridge being constructed in Ijebu Igbo and Otta as well. All these are in place to draw a significant amount of attention to Abeokuta.
As a result of this, there are many reasons why you should include Kopabe, Ogun State in your land portfolio.
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- Location
In real estate investment, location is the most important consideration factor. Let’s take a look at why Kopabe is the perfect location.
As mentioned earlier because a lot of infrastructural development is going on, it has become a prime area for growth. Thus, securing the potential for the appreciation of land purchased here over time.
Additionally, It is not too far from Lagos, the economic hub of Nigeria. In less than an hour’s drive from Kobape, Abeokuta and you’re at the Alausa, Ikeja in Lagos state.
- Invest In Dry Land
Investing in dry land releases investors from all the struggles accompanied by purchasing wetlands. A wetland is susceptible to flood and consequently, erosion. This can eventually devalue the land purchased and harm potential ROI.
Luckily, investing in dry land saves you from all this hassle.
In real estate terms, this indirectly means that there is a great potential to make a lot of money in future years as land purchased now will appreciate significantly over time.
- High Return on Investment (ROI)
An investment is only really an investment when you can get a return on the money you’ve put into the property purchased. How high the return on investment is the real bone of contention.
Investing in the right piece of land can get you more than a hundred per cent ROI. Farm Ville Estate( Kobape) was once sold at 700 thousand naira for 1 acre, It is now being sold at 1.5 million naira for 1 acre, and by next year, the land is projected to be sold at 3 million naira.
This land will only keep appreciating as Kobape continues to develop. Therefore, ensuring that your investment will bring in a sizeable reward.
- Increasing Population
Another reason why Kopabe is a great investment option is that a lot more people are considering Ogun State for residential purposes. A big reason for this is that Lagos is only becoming increasingly populated and as a consequence, overcrowded.
Because of Ogun state’s close proximity to Lagos and increasing development, more people are making the move to Ogun. As a result of this, the land value will only continue to increase and your investment will only get better.
- Build Wealth
Kopabe ticks the boxes required to determine if land purchased there is a great real estate investment opportunity.
Just like any investment, if your goal is to build wealth and acquire a tangible asset that will only grow in value over time, then you should consider investing in Kopabe.
At luxury redwood, we have a number of properties available for purchase to help build a vibrant real estate portfolio!
THINGS TO CONSIDER BEFORE PURCHASING LAND IN KOPABE
Before purchasing any piece of land, there are important factors that you must consider. Some of these factors are included below:
Reason for purchase
There are various reasons for purchasing land. Land can be purchased for commercial reasons or residential reasons. One might even purchase land for the sole purpose of waiting for it to appreciate and then selling it off after a while. The purpose for which you want to use the land will help inform your purchasing strategy.
Budget
Your budget is one factor that will greatly determine the type of land and the size of land that you can purchase.
The prices of different properties are often dependent on their location and size. Ensure you conduct research properly and compare your findings with your budget to be prepared for the cost of purchasing any property.
The good news is that instalment payments are often available for certain pieces of land. If you want a particular property, ask for the payment packages available and go for a package that is convenient for your pocket.
Ready to invest? This blog has all the information you need to avoid common mistakes investors make!
DON’T WAIT AND START INVESTING NOW!
As proven earlier, Kopabe fits the bill for a great investment opportunity and one you do not want to do without.
The longer you wait, the more you miss out on the opportunity to sit back and watch your money grow.
Fortunately, Luxury Redwood Properties has a fantastic offer ready for you to become a beneficiary of this great real estate opportunity.
You can own your plot of land in Farmville Estate, Kobape, Abeokuta. It is 100% dry land, free from government acquisition and you don’t have to pay for everything at once. Instalment payment plans are available for you.
What are you waiting for? Take advantage of this investment opportunity now and contact us for more information on how to get started on your investment.
