5 REASON YOU SHOULD INVEST IN REAL ESTATE IN NIGERIA

5 REASON YOU SHOULD INVEST IN REAL ESTATE IN NIGERIA

5 REASON YOU SHOULD INVEST IN REAL ESTATE IN NIGERIA

Real estate investment is one of the various business opportunities in Nigeria that delivers high return on investment with little or no tax compared to other businesses in Nigeria.
In this article, we are going to give you some reasons why you should invest in real estate business in Nigeria.
1. Land always appreciates
Real estate investment unlike other investments appreciates with time. Some investments diminish with time, others fluctuate and eventually come crashing down like a pack of cards. But lands almost never depreciate in value.
2. You can grow, tax-free
Real estate business is one of the few business opportunities in Nigeria with favorable tax policies. In real estate business, the cash flow received from your rentals are not subject to self-employment tax.
3. Nigeria’s population is increasing with housing deficit
Researchers have also argued that Nigeria, with an estimated population of 200 million, requires at least additional 820,000 housing units per annum. With this kind of statistics in mind, the real estate business should be your next area of investment in Nigeria.
4. Money loses value over time
If you invest it in real estate, your investment will take care of itself if you invest right, the rent from your investment will serve as your interest, and money you invested will continue growing.
5. It is relatively easy to get finance
Lenders especially commercial and mortgage bank know that real estate in Nigeria is very profitable and pose less risk compared to other business opportunities in the country.
In the real estate industry, opportunities are always in the increase as population increases and many people seeking to own, rent or occupy properties. The profitability of the real estate industry in Nigeria is on a steady growth, hence, you should key into this opportunity.

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