Investment Opportunities in Real Estate Business
Investment Opportunities in Real Estate Business in Nigeria | Investment in the real estate industry in Nigeria is worth doing.
Given the numerous investment opportunities.
With its attendant huge volume of profits and return on investment (ROI).
With attractive and inviting opportunities for investment in the real estate industry in Nigeria.
Many investors who are interested in investing in the real estate industry .
Have availed themselves of the vast opportunities offered by the real estate industry to interested investors for investment.
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Real Estate Business
However, some of the investors are into long term investment.
While others are doing short term investment in the industry.
No doubt, investment in the real estate industry in Nigeria, has contributed to the rise of the Nigerian gross domestic products (GDP) on yearly basis.
As well as providing jobs opportunity for Nigerians.
Indeed, there are ever-increasing opportunities for investment in Nigeria’s real estate industry with an enormous challenge of low supply of reasonably priced houses for Nigerians.
There are clear signs that there are so many opportunities in the real estate business in Nigeria.
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Real Estate Business
And these opportunities have not been taken advantage of, in the real estate industry.
Nevertheless, each of these opportunities comes with a space that has to be occupied.
Take for instance, the problems of land accessibility, and mortgage.
As well as expertise scarcity in the real estate industry signifies an enormous investment opportunities in Nigerian real estate business.
You are there, and you have interest of investing in real estate sector.
I will suggest that, you take these areas of investment opportunities in real estate into consideration.
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Investment opportunities in real estate:
1. Reasonably priced housing:
These are residential apartments that can be afford by the low income earners in the society.
In most cases too, the middle class do subscribed to affordable housing.
About seventy eight percent of Nigerians resided or dwelled in apartments described as affordable housing.
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Real Estate Business
And the market for investment in this aspect of real estate is expanding on daily basis.
Therefore, as someone who indicate interest in investing in the real estate industry in Nigeria.
Can avail himself of this opportunity and produced massively.
Affordable housing with quantity price cut, will make big in real estate industry.
Real Estate Business
2. Construction and building:
Building, construction, as well as other activities that relate to real estate work has the capacity to provide work.
Both indirect and direct work to millions of Nigerians.
Given the challenge of housing shortage facing Nigerians.
Building can be an enormous opportunity for investment in real estate.
So inspite of the current economic reality in Nigeria.
Investment opportunities is abound and remained inviting to interested investors.
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Real Estate Business
3. Titling of land:
There are lot of investment opportunities in Nigeria’s real estate industry.
And one of those investments is the titling of land.
And titling of land, as you can see, is one of the most lucrative investment in Nigeria’s real estate industry.
Though, land titling is manually done, it is one of the investment opportunity that is so inviting to the real estate investors.
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Because it offers the opportunities of titling ground digitally.
Hence, it calls for the development of partnership with the information technology experts and authorities in the real estate industry.
In order to building appliances that will take care of registration of land digitally.
Modern technology has made land search.
As well as land’s fee to be made online in corporation with government departments.
And agencies that saddled with the responsibility of land development.
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Real Estate Business
4. Land mortgage:
One of the investment opportunities in real estate industry is land mortgaging.
And this aspect of investment has contributed to the economic growth of Nigeria over the years.
The profit potential of this investment opportunity as offered by the real estate industry is enormous.
That is, the government should support this sub-sector.
Through the endorsement of certain laws and resolutions.
That will guarantee investors the assurance of loaning funds.
To expand their investments.
By so doing, there will be hale and hearty rivalry.
As well as reduction in credit rate within the industry.
Real Estate Business
5. Manufacturing and fabrication:
By the time Nigerians and investors in the real estate redirect their attention towards local fabrication of products used in the real estate sector.
The initiative will help to drive the fast growth anticipated Nigerian real estate industry.
This is another investment opportunity in the real estate industry.
Which has presented itself to investors.
Inviting them to see the need of investing in the production of local building materials in Nigeria.
These local fabricated building materials should include:
Chemical additives for cement mixtures, and glasses.
And plumbing materials, and nails, and scaffold pipes, and steel, and electrical switch boards, and cement among other building materials.
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This has been a very huge investment opportunity offered to investors by real estate industry in Nigeria.
Given the high demand for housing that are affordable.
If the basic materials used in building these houses are locally provided.
Then it will ensure reasonably priced houses with discount to low income earners in the country.
Real Estate Business
6. Commercial properties and/or real estate:
This investment opportunity, commercial property in the real estate sector is a sure inviting investment opening with huge prospect for investors.
This aspect of investment opportunity in the real estate sector is one of the most lucrative investment opportunities offered by the real estate industry.
And it is quite an investment destination to investors.
Having said that, the return on investment in commercial real estate is more or less higher in every square foot and it is more often than not.
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On an early investment starting point.
I have been made to understand that commercial real estate investment is one investment that generate huge income to the investors.
And the income gotten from just a piece of commercial real estate is largely determined by the square footage used in the real estate business.
Real Estate Business
Having presented the above investment opportunities in real estate industry.
And having explained how to go about investing in these investment openings in the real estate industry.
I will love to conclude here that real estate business is a lucrative business for interested investors.
Who wish to do business in this sector.
However, it is amazing that there are numerous investment opportunities.
And this includes short, medium and long term investment opportunities for investors.