The best-landed property deal in Lagos presently is now by the seaside or has Seaview as a feature. The demand for such property is now on the increase as more and more investors want to buy land by the seaside or shoreline.
A few weeks back, City People visited the Ibeju-Lekki axis, precisely areas close to the Dangote refinery and a lot has happened in those areas.
Now, a plot of land in the axis is selling for about 5 million naira.
The investigation also revealed that the majority of investors want to buy shore-line land there for resort business, which is fast selling in Nigeria.
There are plenty of benefits from buying beachfront property aside from the above-mentioned points: Below are some good reasons.
Market Values: Beachfront property tends to hold its market value. This is probably one of the most obvious benefits. It has a high market value and beachfront homes are usually the least affected by oscillating property market trends.
Greater Rental Options: If you’re buying a beachfront property/ home for rental or investment, they hold their rental market value as well. They are easy to hire out for short periods of time or several months in a row and many visitors are happy to pay a higher price to stay in a beachfront home or condominium.
Great Vacation Home & Residual Incomes: If you’re not buying it as your primary residence, this will be a great little vacation home. Trips will be less expensive because you already have a place to stay and you can save much by travelling during peak times.
You also earn residual daily income on a short-term let for visitors and tourists to the amazing new Lagos and beaches.
Activities On Beach Front Property: Living near the waterfront or the beachfront will always give you something to do such as going for a walk, swimming, fishing, boarding-paddling boating, and numerous other water activities right from your own backyard.
The Beautiful Scenery View: Not only do you have beautiful sites, but you hear the sounds of the ocean’s waves as you fall asleep every night. The soothing benefits of ocean waves and are known to rejuvenate even the most weather-beaten person. Get your dose of vitamin D because the ocean is extremely healing.
It has a huge financial return on investment if used as a recreational centre or hotel etc. It is a money-spinning venture!
Aside from the above-listed benefits, below are other vital reasons property by the shoreline is on high demand.
First, the Dangote Refinery in the axis and the proximity of Lekki Sea Port, Lekki Free Trade Zone, Amen Estate Phase 1, new International Airport, several gated estates, Several beaches are some of the reasons the area has become a hot cake.
Below are also exciting reasons having a sea-facing apartment or land in Lagos is important:
The luxury of fresh air: Living in an apartment facing the sea can be beneficial for health as there is no or less air pollution owing to traffic and one can experience fresh breeze standing on the Balcony.
The view: The sheer view of an apartment facing the sea is a luxury that some might never experience. The facing view definitely brings a soulful rhythm to mind and body.
Serenity and calm environment: Apartments facing the sea are perfect for people who are looking for a peaceful environment
Status Quo: Some of the most premium properties in the city are facing the sea. The ownership also trickles down to the status of the family.
– Isaac Abimbade
