James would never forget the day his friend Tope told him he was buying a plot of land. They were out grabbing drinks, celebrating Tope’s recent promotion, when he casually dropped the news.
“Three plots in Epe? No way, how’d you manage that?” James asked, shocked. That area was hot real estate, known for its fast appreciation. Tope had always talked about wanting to build his family’s dream home there someday.
“I’ve been saving up for years, and the opportunity just fell into my lap. The price was too good to pass up,” Tope said with a grin.
James nodded, trying to hide his envy. For years, he’d been meaning to get serious about buying land himself. He wanted that same security and investment potential that came with property ownership. But somehow, it just never seemed to be the right time.
“You know, I’ve been thinking about it too, but I just haven’t pulled the trigger yet,” James admitted.
Tope gave him a skeptical look. “What’s holding you back, man? I know the market is crazy, but if you keep waiting, you’re going to miss your chance.”
He was absolutely right. As James thought about it, he realized there were a few key reasons why he, and so many others, still hadn’t become landowners despite it being a long-held goal.
Don’t make the same mistakes James did – read on to learn what’s really holding you back from investing in Nigerian real estate.
1.”I’m waiting for the ‘perfect’ opportunity.”
You know the saying, “perfect is the enemy of good”? Well, that mentality is killing your chances of land ownership. In the fast-paced Nigerian property market, waiting for the best plot in the best location at the best price point means you’ll likely be waiting forever.
Instead of getting caught up in finding perfection, focus on what’s available in your budget and target area. Less-than-ideal can still be a smart investment, especially if you plan to hold the land long-term. An imperfect plot today is better than no plot at all.
2. “I’m scared I’ll make the wrong choice.”
It’s understandable to have fears about such a big financial decision. The reality is, there’s no way to know with 100% certainty that you’re making the “right” choice. But working with a reputable real estate company such as Urban Living Development, doing your research, and trusting your gut can go a long way. And remember – land is generally a stable, appreciating asset. Even if the specific plot you choose isn’t your dream location, it will likely increase in value over time.
3. “I’m waiting until I have more money saved up.”
We get it – buying land is a major expense. But waiting until you have your entire budget squared away could mean missing out on opportunities.
Instead, make a plan to save what you can each month towards your land purchase. Even if it’s a smaller plot or in a slightly less prime area, getting your foot in the door is the important first step. You can always upgrade to a bigger/better plot down the line as your financial situation improves. Besides, with Urban Living Development, you don’t even need to have so much saved up, we have easy flexible plans that are perfect for you.
4. “I’m just too busy with other priorities right now.”
Between work, family, and social commitments, finding the time to research, evaluate, and purchase land can feel impossible. But the truth is, the “perfect” time will never come. Start by taking off a few hours each week to dedicate to your land search. Enlist the help of a trusted real estate brand like Urban Living Development who can do a lot of the legwork for you. And remember – this investment is about your long-term future, not just your current lifestyle. Making time for it now will pay off immensely later.
The bottom line is, there will always be reasons not to buy land. But as the famous saying goes, “the best time to plant a tree was 20 years ago. The second best time is now.
So what are you waiting for? Send us a message at Urban Living Development or call us on 09160006304/ 09160006305. We want everyone to be on the Land owner team, no matter what it takes!