Shelter
is one of the most basic human needs everywhere in the world. The
shortage of suitable accommodation in Africa is pushing up rent and
property prices in several cities and towns across the continent, making
it one of the hottest and most promising places in the world for real
estate investment.
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Ibeju
Lekki notes that the boom in Africa’s real estate market is a juicy
opportunity for entrepreneurs to exploit and become successful property
owners. The following are some of the reasons why investment in real
estate is attractive.
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PROVIDES STEADY CASH FLOW:
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When
you buy or build a house, and rent it out to tenants that property
starts to earn you rental income (monthly or yearly depending on the
contract with your tenants). With the high demand for accommodation and
growing inflation, rent prices are always on the rise. Higher rent
prices mean more income for you, the landlord. Compared to other
investment options, the income from real estate is the steadiest. For
instance, the amount of dividends paid by many companies often
fluctuates and may not be paid every year. Bank savings (another form of
investment) usually attract interest payments that may be steady but
are often very small compared to the returns you com get from investing
in real estate. Because the income from real estate investment is steady
and predictable, you can plan better. Rental income is also great for
people who are planning for retirement.
Contact Us
99 PROPERTY NIGERIA LIMITED
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TEL. +234(0)8099994939 / +234(0)8099994949
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