Easter Greetings

Heartily, and with a deep sense of joy we wish you a very, very happy Easter!

Have an Easter full of love, true relationships and new beginnings!

May the angels protect you, may goodness surround you & may God always bless your good endeavours!

Happy Easter!

KORP Properties

To contact us, call 08183567878 or CLICK HERE

LAND BANKING 2 (WHY LAND?)

“The best investment on earth is earth.” –Louis J. Glickman

Why Land?
It is common knowledge that real estate investing has created more millionaires than any other business or investment strategy.  Most have heard of several real estate investment strategies such as buying and renting homes, tax liens and deeds, foreclosures, apartment buying, etc. This can become very confusing and now after the “housing bubble”, some may question if real estate is even a prudent
investment.
In real estate there are only three main stages: undeveloped,  pre-developed, and developed. It is important to understand the cost and profit potential within each of the three categories.

UNDEVELOPED RAW LAND has a very low cost and also a very low profit potential. Undeveloped areas have very small population, limited infrastructure and are often overlooked by large developers [large housing developments, large commercial shopping centers, etc.]  and other economic stimulus. Undeveloped areas are typically not in the path of growth and it could take many decades if ever to be developed and profitable.

DEVELOPED LAND is expensive to acquire and the profit potential has begun to level off when you factor in all of the cost associated with development. A developed area although seen as most attractive by the novice real estate investor is actually the most expensive to purchase and the most difficult to earn large gains.

PRE-DEVELOPED LAND, although more expensive than undeveloped land, has a relatively low cost and a high profit potential.  Pre-developed areas have a growing population, growing infrastructure, growing developments and several other sources of economic stimulus. As population growth places an overwhelming demand on a declining finite supply of available land, the remaining parcels of land become more valuable. All 10 Key Growth Indicators must be present to confirm a successful investment.
Land banking is the practice of buying land in the path of growth; more specifically, buying pre-developed land. In a pre-developed area, as major developments complete land investors can find themselves in a unique position to profit substantially. There is no surprise why the majority of America’s ultra-wealthy are land owners. Land banking is a proven safe and high profit real estate wealth creation investment strategy.

There're many secure, very affordable and wise investment options matching the pre-developed land described above. Take advantage of them before they are out of reach by calling KORP Properties on 08183567878. Tell your connections about these opportunities. Also, see an example in video below.

Akeredolu To Build Road Linking Ondo To Ibeju-Lekki, Lagos

The All Progressives Congress, APC, has lauded the initiative of Governor Oluwarotimi Akeredolu of Ondo State to construct a 50-kilometre road to link coastal
communities in the state with Lagos State.
According to a statement signed by Abayomi Adesanya, the state APC Publicity Secretary, on Thursday in Lagos, the party described the project as “laudable and remarkable’’.

Reports have it that Mr. Akeredolu had on April 5 signed a Memorandum of Understanding, MoU, with the Niger Delta Development Commission, NDDC, to construct the road. The road is expected to connect Araromi Seaside in Ilaje
Local Government Area of Ondo State with Akodo in Ibeju-Lekki Local Government Area of Lagos State.

The road is expected to be completed within two and half years. Mr. Adesanya said, “This is laudable and remarkable, because in less than 100 days of the APC-led administration in the state, the governor has attracted such a monumental project to the state. “The first and only MoU ever signed by NDDC with any state government within its mandate area (the Niger-Delta region). “The people of Ilaje and the Niger-Delta areas of the state have rolled out drums to thank Akeredolu and NDDC for this laudable stride.”

He said that when completed the road would help to decongest the Benin-Ore-Lagos Expressway. “Once this project is completed, the people can now travel to Lagos by road in less than an hour, as against the usual four to five hours being spent through other roads to Lagos,” he said. Mr. Adesanya assured the people of the state that more of such laudable projects would be executed by the Akeredolu-led government in the state.

Now, no longer do travelers to the Eastern part of Nigeria, or to Ondo State, need to make the tortuous, long journey of the children of Israel through Lagos-Ibadan-Ore expressway anymore. They will be able to beat traffic, time & stress. More importantly, this is a VERY GOOD NEWS for the 'New Lagos' Project of Lagos State as commuters can easily migrate between the Free Trade Zone axis of the state in Ibeju-Lekki (where Dangote Refinery, Lekki Deep Seaport & new international airport reside) and as far as Ondo State in good, workable time. It will further douse the fears of decongestion on the Lekki-Epe corridor.

It makes investing in land in Ibeju-Lekki, Lagos more attractive. Very affordable options still affordable. Call KORP Properties on 08183567878 for enquiries now!