HOW TO LOCATE GOOD INVESTMENT PROPERTIES IN PORT HARCOURT, RIVERS STATE, NIGERIA There are generally four basic types of land utilization in Port Harcourt; they are undeveloped land, recreational land, agricultural land and urban/suburban land. The values of these lands are determined by its uses and closeness to the capital city - Port Harcourt. For the beginning investor, the safest investment is in income property located within the urban or suburban areas. Current Statistics reveal that most builders prefer to developed property at the suburban areas with less than 30 minutes drive to the city capital. The reason for this trend is because of the low price of land at the suburban areas. HIGH DEMAND PROPERTIES TO INVEST ON, IN PORT HARCOURT . Rental homes . Apartment building . Office building . Shopping center / store . Retail and wholesale building . Hotels . Warehouses . Industrial site . Ceremonial / events center . Restaurants’ These principles will guide you as you invest in Port Harcourt real estate; become familiar with the local real estate market, learn the city growth patterns, its depressed areas, where the path of growth is likely to extend and how to find genuine properties to buy. WHERE AND HOW TO FIND THIS INFORMATION . Talk to successful real estate agents and lawyers with estate assets . Ask the owners of property within the area you wish to invest . Ask the state ministry of land and urban development agency . Use your common sense and always ask the following questions; will I like to leave here myself? How fast will the city grow and in which direction?Is this area growing or declining? .constantly visits a local property websites to find good deals. You can use riverspropertyexchange to find genuine properties for sale within Port Harcourt, Rivers State. This website connects hundreds of local agents with property buyers. Remember, the more you know the more prepared you will be to invest wisely with good returns. Written by Nelson Ogbonda CEO Rivers Property Exchange
Posted on: Sat, 09 Nov 2013 12:11:01 +0000
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