Every 1st October Nigeria celebrates her Independence which took place on the 1st October 1960. Its a time where Nigeria and Nigerians celebrate freedom from colonial rule, an auspicious event which marked the liberation of the people of Niger area from their colonial masters. There are many takeaways from this memorable event one of which Phoenix Global Properties brings secrets to financial freedom, real Independence and stability in form of an informative guides to:

  • Investing in Real Estate in Nigeria. Why and How?

Investing in Real Estate in Nigeria. Why and How?
Investing in real estate is one of the most lucrative ways to make money in Nigeria. Though capital intensive, it boasts of huge returns on investment. Now how can I invest in real estate I hear you asking? You can invest in rental properties, property development, land flipping and even Real Estate Investment Trusts (REITs).

Investing in Rental Properties entails you buying a property and renting it out to individuals otherwise known as tenants. You the owner of the property now assumes the Landlord status who collects rent on a monthly or annual basis and who also is responsible for maintaining the property

Investing in Property Development entails you buying a property for a certain price, in a developing area, then develop that property into luxurious apartment or a commercial infrastructure and finally sell the property at a much higher price. Though this type of investment is capital intensive, it usually has a huge profit margin.

Land Flipping is a form of real estate investment which entails purchasing of a landed property and then reselling it almost immediately for some profit. This is considered the easiest real estate investment because it requires very little effort to get some profit.

Real Estate Investment Trusts (REITs) is a collaborative investment scheme controlled by the Securities and Exchange Commission (SEC). The objective is to gather funds from investors to be used to acquire potential profit-generating real estate or house loans or both. Like other stocks, REITs are bought and sold on the exchange market to ensure practicality and transparency.