In real estate, one golden rule remains constant: the value of land always appreciates over time. Yet, many people hesitate to invest because they are too focused on today’s price rather than tomorrow’s potential. If you’ve been wondering whether land investment is worth it, this post will show you why looking beyond the current price is the key to making better financial and investment decisions. You will understand why you should overlook the current price of land for its future gains.
Introduction: The Price vs. Value Mindset
When you see the price of land today, does it feel overwhelming? You’re not alone. Many people look at current prices and assume they’re out of reach. But here’s the truth: what seems expensive today will feel like a bargain tomorrow.
The honest question you should ask yourself is “would I rather regret investing in an appreciating asset or regret missing out on it entirely?”
The Rise of Property Value in Developing Areas
Take areas like Ibeju Lekki or Sangotedo in Lagos. Just a few years ago, land prices were around 3 million naira. Today, not only has the value skyrocketed, but houses built on these lands now generate rental income exceeding 1.5 million naira per unit annually. When you multiply this by 5, 10 or more units, you begin to get a clearer picture of what the real estate market is capable of. This goes to show you that land in developing regions appreciates at an exponential rate. And the rental income yield increases at a rate you can’t foresee.
Land as a High-Yield Asset
Unlike other assets, land barely depreciates. In fact, it’s one of the safest investments you can make. When you invest in land, you’re not just buying a piece of property, you are placing a sure bet on a future that will definitely come to pass.
The Advantage of Investing in Growing Regions
In areas mapped for development, like Epe or Sangotedo, infrastructure projects and urban expansion create a ripple effect on property prices. This is why real estate investors often say, “Buy land where the city is moving to, not where it already is.”
Why Waiting Could Cost You More
If you hesitated to invest in Ibeju Lekki five years ago when a plot cost 3 million naira. Today, that same plot could easily fetch 10 million. A clear indication that waiting doesn’t save money—it costs you missed opportunities. It is safe to say that “The best time to buy land was yesterday. The next best time is today.”
No Need to Build to Profit
Here’s a little-known fact, you don’t have to build on your land to start profiting. If your property is in a strategic location, investors may approach you with offers to buy at double or triple your purchase price. Alternatively, they may propose a joint venture, allowing you to earn without lifting a finger.
What is a Joint Ventures?
Joint ventures are a form of partnership or collaboration that affords two parties the avenue to co-invest and co-own an asset. Imagine this: you own the land, and an investor handles the construction. Once completed, you both share the rental income. This arrangement is becoming increasingly popular as it benefits both parties—a classic win-win scenario.
How To Break Free from Common Investment Fears
Fear often holds people back from investing. What if the land doesn’t appreciate? What if it’s not worth it? Here’s the reality: land is one of the most consistent wealth-builders in history. By letting fear dictate your decisions, you’re only limiting your future potential. Once you have conducted your research, and have conducted your due diligence[insert hyperlink to “how to do your due diligence in 4 steps], you are on the right part to building substantial wealth that will be passed down to the generations after you.
Final Thoughts: Taking the Leap
The truth is simple land will never be cheaper than it is today. Waiting only increases the cost and diminishes your chances of securing a good deal. Start small, work within your budget, and take the leap.
If you’re ready to invest but don’t know where to start, reach out to us through live chat on our website. You can also Send us an email for inquiries or chat with us on WhatsApp.
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