This is a practical real life case study on how Real Estate investments can turn out to become major money spinners, taking you a step closer to Dangote realms. I recently stumbled on this piece – http://lekkigardens.com/i-turned-my-9-million-naira-investment-in-lekki-gardens-into-a-30-million-naira-flat-in-ikoyi-in-less-than-3-years/. With some additional investments, the author was able to make shrewd investments, taking advantage of some flexible payment scheme – TO BUILD A NET-WORTH OF N100 MILLION IN 3 YEARS. See the extract of the article below:

“…June 2011 – company sold plots of lands in its Lekki Gardens Phase 1 project for just N4.5m per plot. I saw it as an opportunity not to be missed and bought 2 plots.

In 10 months, the same plots were selling for N10m each, a whooping 200% capital gain in less than a year!

SEPTEMBER 2013 – IKOYI DEAL off-plan sale at Osborne Foreshore 2 for N25m with Early-bird discount of N2.5m.

I quickly put up my 2 plots at Lekki Gardens Phase 1 for N13m each, which sold off easily within two weeks for N26m.
I paid N22.5m for the flat in Ikoyi as I enjoyed my N2.5m discount and kept my balance of N3.5m.

Today (2014), the same flat sells for over N30m. That’s superlative returns on super smart investing!!! I turned my N9m investment int a N30m flat at Ikoyi…”


Read on for the N100m valuation in 3 years…

“…January 2012, Lekki Gardens was selling its 4 bedroom duplex at N13.5m. Now, seeing how my first investment had paid off handsomely, I quickly liquidated some of my stocks and took a unit.

In 8 months, I saw my house standing and 4 months later at exactly one year (January 2013), the house was selling for N25m.

Then Lekki Gardens Phase II was launched purchase for a 3 bedroom duplex at N11.8m, I took a payment plan, made an initial deposit and used my salary income to make the monthly installment payments.

In just one year (2013) and before I could finish paying my installments, the same house was selling for N19m.

The Horizon by Lekki Gardens happened! In June 2013, Lekki Gardens was selling its 2 bedroom apartments by Lekki Phase1 at an introductory price of N13.5m… I decided to key into the 1-year plan knowing that other developers around Lekki would sell same house for nothing less than N25m.

It’s been 1 year now (2014) and my investment will easily sell for N20m.

By Solaru D (A serial Lekki Gardens investor univeils his money multiplying secret)…”

Source: http://www.naijavillas.com/turned-9-million-naira-property-investments-30-million-naira-less-3-years/