Have you noticed the trend? Nigerians in the UK are buying massive amounts of land in Asaba. And for good reason too. Asaba, the capital of Delta State is calm and beautiful with a strategic location.
Asaba is growing and has lots of amazing opportunities. This growth has attracted Nigerians in the UK to spend heavily on land. This city has a huge potential and offers something unique that cannot be found in the chaos of Lagos or Abuja.
It’s serene, well-located and affordable. Its closeness to Onitsha, the business center, makes it the best place to build and invest. In this article, we’ll explore why Nigerians in the UK are buying land in droves in Asaba. Below are some of the reasons:
1. Excellent Location
The location of Asaba is one of its biggest advantages. Asaba is a getaway city, connecting the East and West. From Asaba, you can get to Onitsha in minutes. Onitsha is one of the biggest commercial cities in Nigeria. This is a big advantage for anyone doing business.
For Nigerians in the UK, this excellent location is very attractive. Asaba is a place where you can live, invest, retire and still be connected to important economic areas. It’s not just another place on the map. Asaba is filled with potential. You can easily invest and multiply your money through real estate.
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2. Affordable and Lucrative Land Prices
Let’s be real here. Buying land in Nigeria can be overwhelming. In Lagos or Abuja, purchasing a plot of land feels like buying gold. For most people, it’s simply out of reach. They can toil all their lives and still can’t afford a plot of land.
But Asaba is different. Land in Asaba is still very affordable making it a prime location for real estate investments. You don’t need to rob a bank or empty your savings. With as little as two million naira, you can secure a piece of land in Akwukwu Igbo and start building. This is a good deal for Nigerians in the UK who deserve to start buying land near Asaba. Many people work hard just to send money home to invest.
The best part is prices of land in Asaba are steadily increasing making it a lucrative venture. You can buy a land now in a good location and in a few years the value of your land can double – or even triple.
3. Serene Environment
Unlike other noisy and crowded cities, Asaba is calm and peaceful. It’s perfect for people who want to escape the chaos of busier and overcrowded cities. Asaba offers a breath of fresh air.
For Nigerians in the UK, this serenity is priceless. After experiencing the fast pace of life abroad, having a peaceful home to retire to is a huge blessing.
The crime rate is also lower compared to other bigger cities. It’s also safer. This makes it an excellent choice for raising a family or living a life of comfort after retirement.
4. High Return on Investment (ROI)
Land value in Asaba has been rising steadily over the years. The land you buy today can be worth double the price in a few years. Nigerians in the UK are not letting this golden opportunity slip by.
You work hard abroad to give yourself a better life. Investing in Asaba or any of the nearby villages like Ibusa, Ogwashi-Uku or Akwukwu Igbo gives you that assurance.
The city is growing and expanding rapidly. New developments and businesses are rising every day. If you buy a plot of land for 2 million naira today, in five years that land can be worth 8 million naira or even higher. Even if you decide to build on the land, your property will still have value. Those who invested earlier in Asaba are enjoying the benefits today.
Another good thing is, the risk is low. Unlike cryptocurrency, land in Asaba is a tangible asset. It doesn’t lose value or disappear overnight.
5. Supportive Government Policies
Asaba is a growing city. And the government is the pillar behind its rapid growth. The Delta State government has been very intentional about developing Asaba and all the neighboring communities.
It is well known that good infrastructure promotes a city. The government has seen to it that roads are being built and upgraded, making movement easier within the city.
The Asaba International Airport has also seen improvements, leading to a boost in business and tourism. The government has also taken good measures to ensure the city remains safe. This is a very important factor for Nigerians in the UK who desire to buy land in Asaba, making them invest freely without fear.
It brings peace of mind knowing you’re investing in a city with a government that cares.
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- How Fractional Real Estate Investing Works in Nigeria
- Top 5 Emerging Real Estate Investment Locations in Nigeria
Challenges to Watch Out for When Investing in Asaba
No investment comes without challenges. The are some challenges to watch out for, they will save you money, time and avoidable stress.
- Land Ownership Disputes: Buying lands in Asaba, like many parts of Nigeria can be tricky. 5 persons can be claiming ownership of one land. Always make sure you’re buying from a reputable and trusted real estate company. This is why Affable Homes Ltd is here to save you from stress.
- Poorly Developed Areas: While Asaba is growing rapidly, not every part of the city is fully developed. Some lands might be in very remote locations with no accessible infrastructures. Ensure the land you’re buying aligns with your goals. Do you want to buy and build or do you want to do land banking?
- Scammers and Fraudsters: Beware of fake and fraudulent land agents. They’re always out to take advantage of unsuspecting Nigerians, especially those abroad. Work with reputable and trusted real estate companies or agents. Do your findings before investing your money. You can have a close relative or friend represent you personally.
- Delay in Paperwork: Buying land in Nigeria involves some paperwork. Government offices responsible for processing these documents, like the Certificate of Occupancy (C of O), can be slow. This means you have to be patient until everything is sorted out.
For Nigerians in the UK, investing in Asaba offers a bright financial future, especially if the investment is a land.
Asaba is not just a city, it’s a land filled with opportunities waiting to be explored. If you’re looking for an affordable city free of chaos to invest in, Asaba might just be the perfect place.
You Can Own a Piece of Asaba
To explore any of our investment plans like land banking, retirement plan, kids education investment plan, trade apprenticeship plan or if you want to purchase some plots where you will have residential or commercial buildings, send an email to us at info@affablehomes.com.ng or call +2349134056630.
