Posted on 26/02/2021 2:11 PM | by NaijaHouses
There are many benefits of investing in real estate in Abuja. As the capital of Nigeria, the real estate sector continues to be seen as one of the best places to invest.
Location plays a major role in real estate investment, and Abuja has great locations for that.In this post, we’d be sharing the benefits of investing in real estate in Abuja.
Benefits to Invest in Abuja’s Real Estate
As the government has promised to recapitalize various financial institutions, thereby simplifying applications there has been an increased focus on mortgages and payment plans especially with new construction places.This reduces the nations housing deficits as it gives more people access to the finance needed in becoming homeowners.
Increase in population means more demand for housing. The further the demand, the rise in real estate value. Rising real estate is great news for investors.
Development is happening in the capital at an increasing speed as majority of the city is still green virgin land.Abuja’s development has moved to the outskirts of the city, that is; Abuja phase 3 onwards.
The opportunity of investing in any form of real estate is high with the abundance of undeveloped land in the capital. The investment opportunity is almost unlimited.
With Abuja being the Federal Capital Territory, real estate prices are almost guaranteed to rise. A property’s price as at 2015, cannot be the same in 2020.
Source: Drekford.com