24/05/2025
As the population of a city grows, the demand for properties, especially in the city center, will increase, which would, in turn, drive up the price of real estate.
When this happens, the attention of the percentage of the population that cannot afford it will shift to other locations in the state that are relatively cost-friendly, with basic infrastructure and development.
If you're keen on building wealth through real estate investment, one of the things you must do is identify these locations where attention is being given, especially by the state for infrastructural development, and take a step ahead to buy properties/land in those locations before they're fully developed and people start moving in.
Some of these locations may be considered "off the map" today or "too far from the city" (or where you currently reside).
However, smart investors know that the best time to buy land, especially for future gain, is when it's yet to be developed.
In the FCT, some locations that are getting massive attention from the administration and leadership of the Minister include Kuje, Apo-Wassa, Karshi, and Gwagwalada, to mention a few.
Land in these areas is relatively affordable and considered a good investment option for land banking in the FCT.
However, before considering buying properties in the aforementioned areas, please do your due diligence by contacting your realtor, lawyer, or certified surveyor to help you verify the legitimacy of the property documents.
If you have the capacity to buy property in already developed locations, please invest and buy that property.
If you don't have the capacity for developed areas, then consider the land banking option in prospective developing areas, as mentioned above.
Buy that Bush; invest your money in Land; it will appreciate in value over time.
- Believe Stanley"
