Here are few benefits of land banking in real estate.

Many investors who are wealthy acquire most of their wealth through land banking

Now what is LAND BANKING

LAND BANKING IS A METHOD OF ACQUIRING BLOCKS OR PLOTS OF LAND AT A VERY LOW RATE FOR A LONG TERM INVESTMENT PLAN, IN ORDER TO SELL AT A VERY HIGH RATE AS THE PROPRTYIES INCREASE IN PRICE.

Benefits of Land Banking as an Investment Opportunity.

Land banking is a relatively low-risk investment option that can offer significant returns, especially in a rapidly developing country like Nigeria.

Here are some of the key benefits of land banking as an investment opportunity in Nigeria:

📌Capital appreciation: Land is a finite resource, and its value tends to appreciate over time, especially in areas with high growth potential. This makes land banking a good way to preserve and grow your capital.

📌Passive income: Once you have acquired a land asset, you can generate passive income by leasing it out or developing it into a commercial or residential property.
Hedge against inflation: Land is a good hedge against inflation because its value tends to rise in tandem with the cost of living.

📌Tax benefits: There are several tax benefits associated with land banking in Nigeria. For example, you may be able to deduct the cost of land acquisition and development from your taxable income.

📌Diversification: Land banking is a good way to diversify your investment portfolio and reduce your overall risk.

If you are considering land banking as an investment opportunity in Nigeria, it is important to do your research and identify areas with high growth potential. You should also consider the risks associated with land banking, such as the potential for fraud and the long-term investment horizon.

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