+234-703-382-3104, +234-806-729-6988    editor@witicles.com
Witicles™ on Facebook Witicles™ on TwitterWiticles™ on Google+Witicles™ BlogSend Email to Witicles™

Author Box

Iweha VivianIweha Vivian
I work as PR for an online company. I love to write localized articles on business and development in Nigeria.
Joined 4 years ago
From Lagos
Total Articles 6

Recent Articles From Author

# Real Estate as an Alternative Investment
# Lamudi Simplifies House-Hunting With New Responsive Website
# Leading Online Car Site Gives Advice on Automobile Safety

Namecheap.com Namecheap.com
Shop for Books online in Nigeria at kpiBooks.com.ng Order your favourite books online now, Save the stress & Pay online or with cash at Your Doorstep!

We help our esteemed clients develop web strategy that works!
Call us @ +234 803 578 3880
Article Category >>>Real Estate

Real Estate as an Alternative Investment

By Iweha Vivian       Jan 13, 2015

Real Estate as an Alternative Investment

The New Year ushered in drastic changes in the Nigerian economy. One of which happens to be the continuous fall in the price of oil from which most of our foreign exchange earnings is derived. This may ultimately affect various sectors of the economy so as you begin to make investment plans for the year, you should take a critical look at the Real Estate market as an alternative form of investment to purchase of company stock and shares. The real estate market in Nigeria comprises vacant land, Residential and commercial properties. So why Real estate?

According to Lamudi Nigeria, It is a known fact that real estate appreciates in value over time and the returns on such investment depends on the type of property purchased. In a country with a fast growing population like Nigeria you could earn some extraordinary returns from your real estate investment.

According to real estate analysts, Real Estate is also very resilient in all kinds of economic conditions including inflation. During periods of inflation the basic effect on the economy is that the prices of things goes up. It means simply that money buys less. Where most investments lose their value at exactly such period, real estate investment on the other hand has the inherent ability to absorb rising costs. Real estate investment is unique in this aspect since only very few investments can weather the storm of inflation. Research has shown that real estate has the ability to produce income, ability to produce a profit, and ability to appreciate in value at the same time. Generally, a return of at least 10 to 15 per cent annually and sometimes more could be your benefit. Not yet convinced?

Another benefit of investing in real estate is its ability to leverage resources or the equity in the property. Real estate also has the added benefit of tax protection for your investment. Because buildings are subjected to natural wear and tear, you are allowed to factor in depreciation. In addition, your property is a form of money bank from which you can access cash when you need them by selling the property. It could be used as a form of collateral in order to access money.

In summary, real estate is one of the safest forms of investment and will always be in demand.


Read more www.lamudi.com.ng/journal


If you need to re-publish this ARTICLE, please cite this article - (https://witicles.com/real-estate-as-an-alternative-investment-201.html) and the Writer (Iweha Vivian)

Do You Find This Article Helpful?

Article Tags: Investment, real estate, Lamudi Nigerua
Save the Stress, Shop for Books Online in Nigeria - kpiBooks.com.ng
Article Source
Iweha VivianAbout Iweha Vivian
Iweha Vivian Iweha VivianIweha VivianIweha VivianIweha Vivian


Adapted from http://www.punchng.com/business/am-business/why-you-should-invest-in-real-estate

Social Sharing
If You Enjoyed This Article; Then, Share It On Your Social Network

     Copy This Short Link To The Article: http://i.witicles.com/qOGde Real Estate as an Alternative Investment Real Estate as an Alternative Investment Real Estate as an Alternative Investment Real Estate as an Alternative Investment

Post Comment

Article Comments

No comment found! Be the first to share your thoughts on this article!

Related Articles

Author's Articles

My Accounts Categories Useful Links Affiliate Links Follow Us
Witicles.com is not a mere article directory; but Trusted Online Article Directory of syndicated articles on 27 core topics, including health and fitness, finance, business and economy, life improvement, real estate, politics, leadership, management and education. Authors publish articles for free and share knowledge with potential customers.

Lost Password
Sign In
Sign Up
News and Society (169)
Self Improvement (149)
Business and Economy (103)
Leadership (115)
Politics (75)
Arts & Entertainment (44)
Health & Fitness (126)
Religion and Kingdom (58)
Real Estate (16)
Computers & Technology (21)
About Us
Advertise With Us
Contact Us
How To Submit Articles
Article Writing Tips

Flickers of Hope Foundation

CentreNDL on Facebook  Facebook

CentreNDL on Twitter  Twitter

CentreNDL on Google+  Google+

CentreNDL Blog  Blog

Send Email to Hubpile  Email