Real Estate Investment in Nigeria

with Debo Adejana

Archive for June, 2008

DON’T WAIT TO BUY LAND….. BUY LAND AND WAIT….

Posted by Debo on 29th June 2008

Residential plots in Prime Estate phase 2 started out in October 2007 at N360,000 (Three Hundred & Sixty Thousand Naira) only per plot excluding fees such as survey, documentation and development. The last residential plot sold within that estate was done in May at N800,000 (Eight Hundred Thousand Naira) Only.

Some guys heard in October 2007 but did not buy simply because they wanted to see if the estate shall become something of our dreams as presented in our marketing outings to them before they buy. Some of those people have had to buy N500,000 or N800,000 per plot now realising they have waited enough and the project should do the rest of the waiting going forward. Unfortunately, there are others who are still waiting. Read the rest of this entry »

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