5 Reasons why you should invest in the future of Lagos

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Nestled between the Atlantic Ocean and The Lagoon is Ibeju Lekki (THE NEW LAGOS) boasting of a newly constructed commercial centre.

Ibeju Lekki is part of the prestigious Lekki Phase which shares a boundary with the commercial centre of Victoria Island, Ikoyi the most expensive city in Lagos, and many proposed international projects.

For investors and property buyers looking for new opportunities but do not know where to invest or even why they should invest in this new community. Below are five (5) reasons why you should invest in the future of Lagos.  

  1. Population Growth:

Population no doubt is a major growth driver for the real estate sector, Lagos is the smallest but most populous state in Nigeria. It has been estimated that about 86 persons migrate to Lagos every hour, that is more than 2000 persons every day and close to a million persons every year. This is a potential market for investment as the need to provide housing has ever increasing.

  • Buy Low, Sell High:

In 2001 a plot of Land (1000sqm) in Lekki phase 1 was sold between ₦5-7 million. However, the story is not the same today. Property cost from ₦100million. History is about to repeat itself again and the best time to invest in this new Lagos is NOW.

 

  1. Investment Forecast:

Only in the new Lagos would you find Multi-Billion Dollar investments such as the Dangote Refinery, Lekki Deep Sea Port, Lekki-Epe International Airport, Lagos-Dubai Smart City, Prestigious Beach Resort Centres such as La Campagne Tropicana Beach Resort and Lakowe Lakes Golf and Country Estate. Smart investors will take advantage of the investment prospects this area possesses.

  • Strong Rental Market:

 

Rising property and rental prices reflect the huge supply-demand gap of affordable housing in Lagos. There are more renters than owners in Lagos property market due to the high cost of homeownership coupled with a very underdeveloped mortgage market. Thus, buying into the future gives you the advantage of becoming a smart investor.

 

  1. RECENT ECONOMIC RECESSION: 

 

History has it that after Economic recession or depression, there is always a great recovery afterward and ONLY SMART INVESTORS that took advantage by Investing into great Opportunities (especially in Real Estate) earn big afterwards.

 

Lagos New Town (LNT), developed by Mixta Africa (of the ARM group), is a blend of communities serving unique purposes in a serene and secure environment away from the hustle and bustle of Lagos. It is strategically located between the Lagos Island and the Epe / Lekki Free Trade zone axis. The area is linked by a road network that is durable and second to none. It has a combination of affordable residences and luxury communities. 

Mixta Africa has been able to create several communities in the Lagos New Town; Lakowe Lakes Golf Estate, Beechwood Estate, Adiva Estate and our signature affordable housing project; Beechwood Park, just to mention a few. The LNT commercial plots are being developed into a commercial and industrial hub. They consist of large plots that are fully serviced with durable and reliable infrastructure. In this prime location, businesses can tap into a large market of over 200,000 residents.

LNT has something for everyone, from the aspirational graduate to the retiree – It is the perfect choice for the smart investor and the smart consumer.

Residents of LNT will enjoy access to recreational centres, easy access to financial institutions, reliable health care, good schools, shopping complexes and more 

Owning a piece of Lagos New Town guarantees:

  • Top notch structural engineering on properties
  • Uncontested title Deed
  • Tranquil, green and scenic environments
  • High return on investment
  • Serene communities with top notch infrastructure

Would you like to own a piece of the future? Call today to get started.

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