SUBTITLE – WHY YOU SHOULD CONSIDER LAND BANKING
A common term used in real estate investing is “land banking.” Which involves
purchasing a number of land parcels at low cost, letting them appreciate over time,
and then selling them for a profit.
Over the years, land banking has garnered admirers. To this end, here are 3 striking
benefits of land banking you should consider.
- Safety – Because land is a rising asset and the strongest defense against
inflation, unlike idle cash stored in the bank over time, land banking continues to be
the safest strategy to build and maintain your wealth. - Collateral security – When in need of funds to finance important projects,
Land Banking enables you to benefit from collateral security, which essentially
means that you have easy access to bank loans because you have available assets on
hand.. - Retirement security – Land Banking provides retirees with retirement
security as you can earn passive income from leasing the land they bought prior to
retirement. Likewise, they can earn a lump sum payment from selling their land after
many years of appreciation.
It is therefore of paramount importance to take into consideration land banking,and
to help you do just that, we have a bevy of strategically located lands in choice areas
across the country from Nigeria’s fastest developing Local Government Area Ibeju
Lekki, Lagos to other premium positioned lands within estates in Lagos, Owerri,
Asaba, Warri, and Uyo. PWAN Haven is your partner of choice.
