When Is The Best Time To Sell Your Land?

People ask me all the time; 

“Hassan, if I buy this land now, when can I sell it?”

Now I get this question mostly from first time buyers

First things first, if your strategy is buy low and sell high, then you should understand that, the longer you hold, the more returns you are likely to make.


Question Answered! But let’s go into details.


For example, if someone decides to buy a plot of land at sunny courts in ibeju lekki at N3million and decides to sell at the end of this year when it should be worth about N5million, they will make about N2million in profits.


On the other hand, someone who buys at the same time, same price but decides to hold for 15 years and then sell, could end up selling for up to N75m or even more because of the development that would have taken over the ibeju lekki area.


The second person in this example, will be making 72million as returns whereas the second person made just N2million. The only difference was the holding period.


The question you should be asking yourself is not, when can I sell, rather you should be asking, how much returns do I want to make from this inve$tment. Am I in a hurry or can I be more patient?

Truth is, investing can be boring and that’s why not too many persons do it.

Hassan Ismail Founder, Best Property Deals PS: Did you know that lands in ibeju lekki currently appreciate by up to 100% every year? By 2021, a plot of land that currently costs N3m will easily be worth over N15m or more. Call me or reply this email and let’s discuss how we can get you an asset that is safe and has a potential for huge profits….within your budget

You can call me at anytime on 0809 261 9008 or send me an email to hassan@bestpropertydeals.com.ng  You can also chat me up on whatsapp: 0807 204 6437 Visit our website: http://bestpropertydeals.com.ng/