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Fortune Bay Estate: A Practical Move to Save Lagosians From Housing Problems

Lagos has a flood problem.

I’m sure you would say “this is no longer news”.

With the global change in climate, there is a very high possibility of the situation getting worse.

Most residents in Lagos (Island precisely), experience flooding after heavy down pours and often times, the flood takes days to clear out. This causes havoc on vehicles, government & private buildings and other properties.

This is a major problem that should be tackled in Lagos state.

TOP REASONS YOU SHOULD INVEST IN REAL ESTATE?

This is the first thing that comes to the mind of whenever we hear about Real Estate.

I have outlined Ten Good reasons why Real Estate is great investment for Nigerian Investors:

  1. REAL ESTATE ENSURES A STABLE AND CONTINUOUS CASH INFLOW:

Unlike other investments, Real Estate investment does not easily fluctuate on a daily basis. It is a stable investment that provides you with continuous cash inflow. You can simply collect your income on a periodic basis and hope to sell when the price appreciates and the market is high. Therefore, real estate properties won’t immediately change in price based on some external influence such as political volatility. This makes real estate a stable and safe investment.

 

  1. VALUE OF REAL ESTATE APPRECIATES OVER TIME:

Due to the rate at which industrial Real Estate appreciates, the amount of capital which discourages the ownership of industrial real estate has quite increased. The values are increasing because of:

  • Rent is on a consistent rise due to the high demands for these facilities and increasing construction costs.
  • Growth in local population has led to increase in the value of real estate.

 

  1. REAL ESTATE OFFERS THE OPTION TO CHANGE PRIMARY RESIDENCE WHEN NECESSARY:

When you invest in real estate and own multiple properties, you have the option to change your primary residence from one to the other whenever you want. Many people prefer a bigger house when they are raising a family, but decide to downsize to a smaller one in their old age because it is more manageable for them.

Real Estate investment gives you such opportunity.

 

  1. REAL ESTATE GIVES A VARIETY OF OPPORTUNITIES:

According to research, investing in Real Estate offers a lot of opportunities for investors. You have the option to invest in residential homes, commercial buildings, and vacant lands, depending on your initial startup capital, leverage and personal preference. Even when you don’t have enough experience in real estate investing, you can still start up your real estate investments with your funds or resources.

 

  1. REAL ESTATE CAN NEVER BE WORTH NOTHING:

With the constant way real estate values usually appreciate, your real estate investment can never go down to zero, even during a difficult time. Zero616 Realty believes that you can always sell your property that you have acquired at an amount higher than the price you bought the property. Unlike other investments, real estate never becomes worth nothing, even if the value drops.

 

  1. REAL ESTATE INVESTING IS A SHIELD AGAINST INFLATION:

Even when most people have a phobia for inflation, this is not the case with real estate investors.

Investing in properties is an excellent shield against inflation. As the price level goes up, so does the income generated from properties put up for rent and the investment’s value. This means that real estate investors are protected against both the immediate and long term effects of inflation. Although this not the only benefit of real estate investing that comes to mind, it should be put into consideration because for real estate investors, an increase in the cost of living is an increase in their cash flow. The average annual real estate appreciation rate nationwide has been nearly six percent in recent decades, while inflation rate rarely reaches four percent.

 

  1. REAL ESTATE OFFERS POTENTIAL FOR A HIGH RATE OF RETURN.

One of the major benefits of investing in real estate is the potential for earning a high rate of return. According to Zero616 Realty, it is possible to earn a rental returns of 15-25 percent, depending on the location of your property. This is much better compared to bonds, interest on savings account, and some dividend-paying stocks.

 

  1. REAL ESTATE OFFERS HELP TO GROW THE LOCAL ECONOMY:

While investing in real estate you also have the opportunity to help grow the local economy. As a real estate investor, you will have the opportunity to employ local contractors, purchase building materials, and generally stimulate the local economy near the construction site.

 

  1. REAL ESTATE GIVES BENEFIT OF A LONGER LEASE:

When you invest in commercial real estate you will have the benefit of a longer lease, which can provide you with more stability and dependability. This is because most businesses prefer to stay in a particular location for a longer period. Also, as an investor you have the option to choose from the different types of lease coverage you want to impose on your tenants.

 

  1. REAL ESTATE GIVES ONE THE OPPORTUNITY TO BECOME AN ENTREPRENEUR:

There are several ways to invest in real estate and become an entrepreneur. You can decide to buy a home, fix it up and resell it for profit, buy a property to hold until it appreciates to create wealth. Perhaps you become a landlord and start purchasing residential homes, apartments, or maybe land development is for you, either way you get to become a boss!

 

 

THE SOLUTION WE PROVIDED

Zero616 Realty’s uncompromising standard and its passion for delivering a complete Real Estate experience, ensures residents of our estates do not face the challenge of flooding.

We’ve mapped out a thoroughly channeled world class drainage system that allows the steady flow of water. And in doing this, we’ve put in place measures to prevent dumping or any form of blockages to the drainage system.

Making rules is one thing, abiding and enforcing the set rules is another; previous experiences have shown complete disregard of set rules and regulations, that’s why we go as far enforcing rules to make sure you can live comfortably on the island without fear of flooding.

 

A CALL TO ACTION

FORTUNE BAY ESTATE is a safe haven, a place where flooding among many other regular Real Estate associated problems is just a myth. With the technical expertise of experienced facility managers, the SMART features of our estate makes it IMPOSSIBLE for flooding to occur.

fridays are for inspection

It’s with no doubt that FORTUNE BAY ESTATE is the ideal place to live in. The Estate is a blend of technology and nature, with a serene environment that makes everyday a luxurious tropical vacation. So why not invest in a paradise on earth with the Artificial Intelligence (A.I), that makes everyday living fun and relaxing.

Let me know your view in the comment section below.

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