Land value is the value of a piece of property including both the value of the land itself as well as any improvements that have been made to it. It can also be described as the worth of a piece of your property. Investing in land can be a lucrative venture, offering substantial returns over...
Interest rates are a very essential component of any economy, influencing everything from consumer spendings to business investments. In Nigeria, the real estate sector is sensitive to fluctuations in interest rates. Today, we’ll explore how interest rates impact the Nigerian real estate market, affecting both investors and homebuyers. Understanding Interest Rates Interest rates represent the...
Nigeria, the most populous country in Africa, is currently facing a significant housing challenge. With an estimated housing deficit of around 17 million units, there is a need for affordable housing solutions. This blog focuses on affordable housing, and why is it so important for the country’s development. Here’s an overview on affordable housing in...
Investing in land can indeed be a prudent financial decision for several reasons: Low-Maintenance: Land typically requires minimal upkeep compared to other types of investments like rental properties or stocks. Once you’ve purchased it, you generally won’t have ongoing maintenance costs beyond occasional upkeep like mowing grass or clearing debris. Definite Appreciation: Historically, land...
