Do you know that between 1998 - 2001, Maroko (Lekki Phase 1 of today) was selling between N700,000 and N1,000,000.

In 2011, it was sold for between N7,000,000 and N15,000,000.

It is 2019 now and the price has reach the N100m mark.

Remember that this Price appreciation in Lekki Phase 1 happened without the Prescence of Major Projects/ Infrastructure. It happened because of Population Increase.

This same Scenario will happen in Ibeju Lekki.
Ibeju Lekki is favoured to reach a much more better yield than Lekki Phase 1 because of the Gigantic Landmarks and Infrastructure there.

One of the Key Pointers to measure and project Real Estate ROI is the presence/ absence of Landmarks and Population Migration.

Real Estate is always an Income Producing Asset and NEVER DEPRECIATES.

By 3rd Quarter of 2020 which is next year over 1,000,000 people will move to ibeju lekki to work, live and play.
The higher the demand for labour from the Lekki free trade zone , Dangote refinery, Lekki deep seaport, new international airport and the smart city is responsible for this influx.

The Questions are :

1: Where do you think these people will live?

2: How much will plot of land be in the next 5 years?

3: Will you wait for people to settle in before investing or invest now and wait for returns on investment?

INVEST TODAY. And enjoy great returns.

For more information check realtor_olatunde on Instagram.