Investing in Real Estate is one of the safest ways to invest your money. People need a place to live and real estate prices can only go up over time. Real estate investing, however, is not without its risks. Understanding those risks is vital to your success as a real estate investor. Perhaps the greatest risk is the impact of location on real estate values and investment performance.
There are several reasons why location matters a lot when investing in real estate and they are:
From an investment point of view, managing location-related risks is more important than ever. When investing in real estate, you’ve got to make sure the location is convenient and accessible, with good access to amenities and plenty of good road network.
One of the factors that matters about location while investing in real estate is close proximity to popular landmarks. Have a property close to a popular landmark does not only make the land adds more value, it also attracts buyers when one is ready to sell his property. This is a very crucial factor to consider when looking at investing in real estate.
As house prices continue to grow, property buyers are considering property further away from towns to place where they can enjoy the scenery and not densely populated such as Epe, Ibeju Lekki etc. One property hotspot being the utilization of old golf courses and converting them to new housing estates with golf course views or building an Estate close to the Beach for an amazing view.
Economic Stable Neighbourhood
Places like Epe and Ibeju Lekki in Lagos state has become the new hub of investment for several investors and the investment include Dangote refinery, Lekki deep sea port, PAU etc. With this in mind, it is wise for a potential Investor looking at investing in real estate to consider these so as to make very wise decision when investing in real estate.
Crime Prone Areas
One major thing to also consider before investing in real estate is crime prone areas too. People tend to neglect this factor when making a purchase and it turns out to bite them at the back. Investing in an Estate is the safest way to investing in real estate and keeping safe from neighbourhood criminal activities.
At the end of the day it is all about location.If you have a great area that is undervalued, you will begin to see some great appreciation in value, as long as infrastructure is in place for these areas like he ones happening in Ibeju Lekki and Epe, there will continue to appreciate generation after generation.
What could make a property more valuable? A beautiful view, a great location. Read more to find out how the importance of location affects investing in real estate.
TITLE: 5 TOP NIGERIAN CELEBRITIES MANSIONS
Celebrities are usually known for their lavish lifestyle especially acquiring exotic cars, chains, and living an expensive lifestyle. Asides from all of these, some top Nigerian Celebrities also invest heavily in the houses they acquire especially when they start getting much relevance and attention in their careers or they start making good money which is a wise thing to do.
We bring to you your favorite top Nigerian Celebrities with expensive mansions; we complied the list below and share pictures as well.
Tuface: Though Tubaba likes keeping his privacy and his business out of the eyes of the public but he is sometimes spotted with his family and friends enjoy some good time in any of his houses.
Davido: The ‘Dami Duro’ Crooner is known to always live a lavish lifestyle with his cars, chains etc. He is not left out amongst the list of top Nigerian Celebrities with beautiful mansion to his name. He is known to have a house in Banana Island and it is also rumoured that he has a house in Atlanta, Georgia.
Burna Boy: The African Giant can not be left out on the list of top Nigerian Celebrities with beautiful mansion that he hugely invested in. After winning the prestigious Grammy awards, he has been on to something great and got a house for himself.
Peter ‘Mr P’ Okoye: One of the P-Square duo has an eye and taste for great and quality things. He is known to drive exotic cars and life and expensive lifestyle. From his beautiful massive living room to his kitchen which is all white and red, he also has a studio which also doubles as his mini cinema inside his house. You will agree that he is a top Nigerian Celebrity to reckon with.
Ighalo: Odion Ighalo, the ex Nigerian and Manchester United Striker enjoys living the dream. From having several vacation trips around the world, one wouldn’t be surprised that his mansions has that getaway feel to it. This top Nigerian Celebrity always enjoy his time with his family in his multi-million dollar mansion when he is not playing football.
Real Estate investing has always been a very wise way to invest, it doesn’t matter how good looking the house is but having a shelter over one’s head is necessity and these Top Nigerian Celebrities has proved exactly that for others to follow and not just admire.
META DESCRIPTION: If you are wishing to see how lavish celebrities are living, get to see the mansions of your favorite Top Nigerian Celebrities