Real Estate Investment in Nigeria

I got a great news some days ago and it was confirmed on Friday February 1, 2008.

Remember I wrote about the huge returns derivable from investing in new towns in y recent postings? Now, hear this; a particular estate we had participated in marketing before we launched our Prime Estates project is now selling for N1.0million (One Million Naira Only). The plots were going for N280,000 payable over 12months until the end of February 2007. A quick calculation on my system shows an appreciation of over 250% on the initial price in 1year.

To note that the N280,000 was payable over 12months and the person who started in February 2007 would have oly finished payment January 2008, makes it easier to appreciate what I have being saying.

Think of what this same plots could be going for in say 10years time. This I tell you is the “initial private placement” in real estate investing.  Signing up for offers like this can only be compared with buying the shares of a company during probably its first ever private placement.

What a great opportunity you have with the current offer on Prime Estate Phase 2 then. It is within the same corridor (Mowe/Ofada) as the project now selling for N1.0million/plot and could be said to be more strategically located being situate on a major road within that axis. At N500,000/plot payable over a maximum of 20 equal monthly installments, you only get to think of how to raise N25,000/month for 20months on a plot. Note that this is an investment opportunity with limitless possibilities. For more details on our offer, kindly visit the project website: www.primeestatesng.com

I will post my current work on 4 locations you can buy cheaply now and make huge profits on later. An later can be a few months or years depending on what you what to make of this investment. Make sure you are back to read it. It should be posted on wednesday February 6. 2008.

Regards!