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Kilenra - Understanding Real Estate Business In Nigeria by Ransack: 4:20am On Jun 01, 2020 |
What is Real Estate? Real estate is a landed property (Which can either be bare lands or buildings on land) or a conglomerate of landed properties. While real estate business is the art of purchasing, selling or renting a landed property, building, home or land. Real estate agents help landlords, businesses and investors trade all four types of properties. The real estate business can be further divided into parts like residential and commercial properties, loan servicing etc. residential real estate can include bare lands, houses, condominiums, and townhouses; commercial real estates include warehouses, office buildings and retail store buildings; industrial real estate include mines, farms and factories. Real Estate in Nigeria Real estate in Nigeria is a very important business. The industry has become a cash cow in recent times although this has stood the test of time, and many smart entrepreneurs have given it much consideration thereby making unbelievable yields of profit. Nigerians are always clamoring for residential apartments, office buildings, and commercial outlets. They desire to purchase or rent buildings and structures of their choice, and they in most cases need to consult real estate agent or expert before taking concrete actions. [url]kilenra.com/blog[/url] |
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