Oakwood Heights Limited has a lot of valuable experience in real estate investment and has developed several strategies (which goes beyond buying a home) on how to invest in the Nigerian real estate industry. It is a property development company established to construct and create affordable housing units for Nigerian consumers, focusing on lower-middle-income professionals.
Below are four (4) ways to invest in Nigeria’s real estate market through us.
Investing in rental properties
Investing in rental properties makes you a landlord. It is about purchasing a property (or several properties) and renting it out to tenants who covers the mortgage yearly or monthly. It provides a monthly (for short-term rentals, e.g. vacationers) or yearly (long-term rental) rental income that covers the value and profit on the property’s investment; and can be doubled or tripled with the acquisition of more real estates. You can take advantage of our real estates’ products like Diaspora Delight and OakHome ownership build-up to purchase a property and rent it out for monthly and yearly income. You can also subscribe to our facility management services at Oakwood Heights Limited which includes managing properties on behalf of clients, collection of rent, invoicing etc.
Property Redevelopment
This involves refurbishing old abandoned or foreclosed properties in prime locations into luxury and deluxe apartments/commercial buildings. The properties can be put up for sale at a significantly profitable margin. The choice of location is critical when investing in developing a property. Oakwood Heights Limited has dedicated and professional personnel to build, develop and redesign projects to meet the expectation of our numerous clients need. Oakwood Heights Limited is willing to partner with property owners for redevelopment for better value.
Land Flipping
In principle, land flipping is when a buyer purchased a land from the seller at a low price and then proceed to sell that same land for a profit. It is a smart investment that can make you grow from purchasing a plot of land to several plots of land over a period of time. Profound knowledge of how to own land and the processes involved in purchasing and selling land is necessary.
Real Estate Investment Trusts (REITs)
REITs are a passive form of an investment scheme, where you don’t have to worry about putting a property for sale to make a profit or manage tenants for your rented property. It is not common with most Nigerians. REITs are regulated by Nigeria’s Securities and Exchange Commission (SEC).
In REITs, capital is pooled from investors and utilized to acquire real estates and mortgage loans that generate income. Like dividend-paying stocks, REITs can be traded in the stock market for regular dividends. Real estate management professionals manage this pool of assets for maximum returns on investment (ROI). REITs have several benefits, which include:
- It offers an alternative to equities and fixed income securities for investors who want to diversify their investment portfolio.
- It allows investment in relatively liquid assets (compared to direct investment in real estate), like non-residential investments (malls and office buildings), highly liquid and easily converted to cash.
For inquiries, please reach out to us on 07047214004 or send us a mail at info@oakwoodheights.com.ng