Pastor Matthew Ashimolowo, the Global President of the Kingsway International Christian Centre, warns capable investors who have refused to invest in landed properties in Lagos State of inevitable regrets in the future.READ FULL STORY HERE>>>CLICK HERE TO CONTINUE READING>>>...CLICK HERE TO CONTINUE READING.>>
While speaking on a recent episode of the “Key to Keys” show, pastor Ashimolowo has advised that anyone capable of investing in the real estate sector of Lagos should do so promptly as they will regret that they did not in 10 years time.
Thank you for reading this post, don't forget to subscribe!Narrating the history of land value in the state, Ashimolowo pointed out how a plot of land in Lagos was valued for as low as N500 to N1000 in the past, compared with the valuation of the same portion today.
In his words; “Anyone who refuses to invest in Lagos now will inevitably regret not doing so in 10 years.
As a young pastor, I came to Lagos when a plot of land in the capital and it’s environs sold for N500 to N1000. Back then, Ikeja, the Lagos State capital, was very underdeveloped.
“In the late 70s to early 80s, places like Opebi which I wouldn’t buy for N500, I had to buy for N10million in 2004.
I built a house and stayed for a few years until I sold the place for about N150million in 2018. All of my investment in the land and building was N55million.READ FULL STORY HERE>>>CLICK HERE TO CONTINUE READING>>>
