If you are conversant with the real estate development in Southeast, Nigeria you will agree with us that everyone is now moving to invest in Ngor-Okpala.
Why are real estate developers moving to Ngor-Okpala? Where is Ngor-Okpala located in Nigeria? And how easy is it to purchase a piece of property in Ngor-Okpala free from government incumbrances?
If you’ve ever thought of buying land near an airport or Owerri, Ngor-Okpala is the next investment destination in Nigeria. But before we give you reasons to own at least a plot of land here, let’s talk about a brief background about Ngor-Okpala.
Where is Ngor-Okpala located?
Ngor-Okpala is one of the local government areas in Imo State. In fact, it is the largest local government area in Imo State. It covers a land mass of 561 km square and has a population of over 160,000 people.
Ngor-Okpala shares borders with Abia State and Rivers State, making it a good location for anyone who wants to have an investment in an emerging area near the two states.
In this today’s article, we will show you 7 reasons why you should invest in Ngor-Okpala.
1. The potential for financial growth is high
A few years ago, a plot of land facing any of the tarred roads in Ngor-Okpala could go as low as a million naira. But with the presence of the Sam Mbakwe International Cargo Airport, new estates springing in the area and Zion Ministry headquarters moving to the southeast, the value of properties in Ngor-Okpala has risen to as high as 7 million naira.
The price per plot in this area will continue to rise as the Zion Ministry’s proposed site takes full shape.
The implication is that a property you purchase today for 7 million naira can go as high as 15 million naira in 2 years. It can even be more as more real estate developers come into this community.
If you’ve always wanted to invest in a location with a good potential for growth, Ngor-Okpala should be on your list.
2. An emerging location for real estate investment
Nigerians in the diaspora searching for emerging locations in Imo State to invest are rushing down to Ngor-Okpala.
As a smart investor, you should always be on the lookout for an emerging location to get the best out of your real estate investment. When you find one, move in there and secure some plots and acres of land in your name before everyone else does.
Currently, land in Ngor-Okpala is still relatively cheaper than in Owerri. If you can’t afford to purchase within the city centre, consider Ngor-Okpala. The appreciation rate for lands in emerging locations is also higher.
3. Proximity to the Owerri airport
Everywhere across the globe, land located near the airport is always very expensive and a good location for investment. Foreign companies seeking residential apartments for their workers will choose one that’s closer to the airport.
Farmers who wish to export their farm produce to Lagos, Abuja or outside Nigeria will choose farms that are closer to the airport.
The increasing air traffic leads to a surge in demand for services and amenities, such as hotels, restaurants, and shopping malls. Do you desire to build any of these in the future? Now is the best time to secure the property on which you will do that.
4. Affable Homes Ltd is building a smart city estate in Ngor Okpala
Affable Homes Ltd, one of the most reputable real estate companies in Nigeria with 10 years of experience in the industry has an estate in Ngor-Okpala. Our estate, De Champsions Garden is located at Amala Ngor-Okpala.
This estate is situated on a table-dry land. De Champions Garden by Affable Homes Ltd is located 5 minutes away from Zion Ministry led by Evangelist Ebuka Obi and 20 minutes away from the Sam Mbakwe International Cargo Airport.
A 4-bedroom duplex can be achieved in a 232 sqm size of land if you get a plot in this estate today. When you purchase a plot today, you will receive your registered survey and deed of assignment all for free.
Do you wish to purchase at least a plot of land in this estate today? Call +2349134056630 to book a date for inspection.
5. Free registered survey and deed of assignment
When you invest in Ngor-Okpala through our company, you will receive your registered survey and deed of assignment for free.
Not all real estate companies in Nigeria offer free documentation but at Affable Homes Ltd we do. This is a smart way to save money while investing in real estate.
For the sake of emphasis, let’s explain what a registered survey and deed of assignment are.
A registered survey is a legally binding survey of a piece of land that provides precise measurements and boundaries. While deed of assignment is the document transferring the sale of land or property from one buyer to another. The names of the parties to a Deed of Assignment are Assignor (the Seller) and Assignee (the purchaser).
6. Ngor-Okpala is safe for residential and commercial real estate investment
When the proposed site of Zion Ministry led by Evangelist Ebuka Obi is fully developed in a few years from now, restaurants, more hotels, shopping malls and residential buildings will be needed.
As a safe and secure environment, investing in Ngor-Okpala will give you a high return on investment. The value of residential and commercial buildings in this location will also skyrocket any day the Ngor-Okpala-Aba road is dualized.
If you wish to own a piece of the earth in a safe and secure estate in Nigeria, consider investing in De Champions Estate, Amala, Ngor-Okpala.
7. The Ngor-Okpala land is fertile for agriculture
Ngor-Okpala has one of the most fertile lands in Nigeria, Whether your goal is to plant cassava, yam, vegetables or legumes in commercial quantities, Ngor-Okpala is a nice place to invest.
Beyond using your land in Ngor-Okpala for agricultural purposes, you can also set up a mini-factory there. In this factory, you can process some of the agricultural produce from the farm before exporting them.
A getaway resort can also be a profitable investment in Ngor-Okpala, Imo State.
If you’ve been searching for reasons why you should invest in Ngor-Okpala, these 7 points above should be enough to guide you.
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.