There are numerous reasons you might want to invest in real estate. To the “ordinary people,” it may look like an idea or a plan that is impossible to achieve. Many individuals believe that they have to be intelligent investors with lots of money, but with the proper rationale and research, the real estate industry can be accessed by rookies.
Oakwood Height Limited is most suitable for providing a convenient platform for all to understand, access, and invest in real estate. Besides, we have a good track record in helping clients find property of their choice. Here are some reasons you should turn to Oakwood Height Limited for the best value property;
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As a tangible asset, Real estate has significant value.
Tangible assets are referred to as physical assets with monetary value. Examples of physical assets are computers, properties, and equipments. In comparison with investment in stocks, a stock initially worth N800 could drop to N0 when the stock market crashes. However, in real estate, your capital invested will always be valuable; if you make the right decision
2. The value of Real Estate appreciates
Real estate gains monetary value over a while. Besides the building itself, the land on which the building is erected will also appreciate. In areas like Lekki, Ikeja, and other prime areas, the land value will continue to rise, even without building on it.
Ayodele and Bisi, a couple from Lagos, Nigeria, bought a piece of land for N10, 000 in the 1980s, a lakeside lot in a small undeveloped town. They intended to build on it. However, they didn’t. Over time, the town gained population, and the prices of houses went up around their lot. Presently the lot, although without a house built on it, is valued at N18, 000,000. Of course, the lot is now part of their legacy for their children.
3. You have the chance to optimize the value of your property if you want.
One of the essential benefits of real estate is that you can improve your property if you want. You can add amenities such as a swimming pool and others. The kitchen, garage doors, or bath can be upgraded, after which, the property can be rented or sold at a higher price than paid for. Any upgrade done to a real estate property will undoubtedly increase the value, because it is a tangible asset.
4. Real estate is a means to diversify your investment portfolio
Real estate is an alternative means of minimizing your investment risks, particularly if you have much money invested in other investment vehicles. Experts will always recommend you diversify your investment portfolio to avoid complete loss of your investment when the market you have invested in crashes. Real estate is a lot more beneficial and safer means of diversifying your investment than other investments.
Have you heard the term “safe as houses?” There is a reason behind its use.
For inquiries, please reach out to us on 07047214004 or send us a mail at info@oakwoodheights.com.ng