In your search for viable and profitable investment opportunities for wealth creation, you may have come across the term ‘land banking’. It is true that saving land in a bank is literally impossible, but this is not what is implied here.

Land banking involves buying land in small or large quantities, especially in areas with limited investment opportunities, with the intention to either develop the land or sell it for more profit in the future.

Research has shown that the concept of land banking has existed for decades both locally and internationally, but started gaining popularity in the Nigerian real estate space in recent years,

Land investment is arguably the best investment option in the real estate ecosystem, which is why land banking has become a thriving investment recommended by experts who insist that a profit of 50% to 100% is guaranteed even in economically unstable times.

If you are still not convinced that land banking is the best investment option for you, here are other interesting reasons why you cannot go wrong with land banking.

 

 Investment is very flexible.

Irrespective of your financial capacity, there is a banking option for you where land banking is involved, especially when you are connected to the right real estate company such as GODSDELIGHT PROPERTIES. Payment for the land is easy when there is a plan that works for you

 

Land appreciates all year round!

Despite the location, use, or function of land over time, its value never goes down. It is one of those investments from which you can expect more as days and years pass.

 

There is little or no competition for acquisition and eager buyers at the point of resale and/or development.

As compared to other forms of real estate, such as luxury accommodations, letting, and property management,  land is one of few commodities for which competition is low or completely non-existent, this, therefore, makes it a highly lucrative source of wealth creation because of its ability to appreciate in value irrespective of location, size, or use.

Value addition is possible

Over time, land can be developed with properties or infrastructure, which ultimately increases its value at the point of sale. Another advantage in this sense is that land can be further developed for future projects and still appreciate in value over time. There is no room for loss where land banking is involved.

 

Land can serve many purposes

Land may not be the most glamorous real estate option, but it is arguably the most lucrative and has been proven over the years to be a great source of passive income. This is because land can be used for various purposes, such as recreational, residential, agricultural, and industrial purposes. Even without development, land can be used for outdoor events and recreational activities.

It is no longer news that the rate of urbanization of rural areas in Nigeria is growing rapidly, mainly due to the fact that major cities and urban areas have become overpopulated. Industries, companies, and individuals are being forced to consider other areas.

To get premium value on your investment in Land banking, it is important that you develop a keen sense to perceive the future value of an area before anybody else does. This is why consulting a verified real estate company such as GODSDELIGHT PROPERTIES for authentic, informed, and reliable advice is paramount.

At GODSDELIGHT PROPERTIES, ensuring secure, quality, and promising investment opportunities for potential landowners and real estate investors is the basis of our core value.

Are you looking to buy a property in Port Harcourt? Call +234(0)9160000846 or +234(0)9160000846 now or visit https://www.godsdelightproperties.com to see available properties!