Saturday, April 29, 2017

Why you should invest in Lekki Real Estate

Lekki Free Trade Zone is a project approved by govt and it seats on 215 hectares of land (which is about 15 plots of land).

The free trade zone as the name implies is a zone that allows "free trade" provides incentives for international trade, like very reduces tax rates, easy international trade process, easy importation process and things like that.
 A hectare is about 15 plots of land.
 How this relates to us is where there is a free trade zone, businesses need storage space... Which means they need ware houses. Which means they need land to build warehouses.
 Currently this is unavailable in. Ibeju Lekki
 People also need accommodation in areas like the free trade zone. Currently ibeju Lekki doesn't have this...
 All in all, over 100 billion naira had been invested in the Free Trade Zone, so it is definitely a serious project.


Dangote Refinery
I'm pretty sure everyone must have heard one thing or another a out Dangotes refinery which is currently being built in Ibeju Lekki. A lot of people don't know how large the project is though. To give you an idea. The refinery will need 6000 staff working on it constantly when it is completed.
 Also, most people are unaware that the refinery will be completed in 2018.
 This is just one angle to look at the refinery from. If 6000 people will be working there and Ibeju Lekki is still very underdeveloped. It means there will be a large demand for accommodation there next year.


Deep Sea Port
Ibeju Lekki shares its boundary with the sea. And since the Fee Trade Zone is located here, it only make sense that there should be a sea port.
I'm sure most people know about the Apapa sea port. Well the Lekki Deep Sea Port is going to be the biggest in Nigeria. The project will done in phases. The first phase which will make the port operational will be completed in 2018

4th Mainland Bridge
Picture how Lagos is getting more and more congested... But with Lagos being a mega city, everyone keeps coming to Lagos. It's no wonder the govt has decided the find a way to link Ikorodu to Eti-Osa directly with a bridge... And guess where this bridge is to be located? Yep Ibeju- Lekki! So imagine once that bridge is completed... Can you picture people looking for new places to settle down. Will they go to VI or Ikoyi or Lekki Phase1? Your guess is a good as mine... Ibeju lekki will be the place to be.

New International Airport 
Of course there's an airport coming up as well.  There are plans for building this airport just 10km away from the LFTZ.
: These are just a few reasons why Ibeju Lekki is the ideal place for people to begin to buy plots of land.

Now is the time to buy, not when the projects are completed. It's the smart people that buy when the projects are still just starting.. They then sell and make a killing to people who waited for everything to be in place. *


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