Latest Headlines
OVERCOMING CHALLENGES IN LANDED PROPERTY INVESTMENT:
ARTICLE PUBLICATION BY: ESV. J. O. EZEKIEL ANIVS, ESTATE SURVEYOR & VALUER BASED IN ABUJA, THE FEDERAL CAPITAL TERRITORY
Landed property investment can be lucrative, but it comes with challenges. This article shares real-life examples of overcoming common obstacles, providing valuable insights for investors.
Due Diligence and Property Valuation
- Challenge: Inaccurate property valuation
- Solution: Engaged independent valuers, conducted thorough research
- Outcome: Identified undervalued property, negotiated better purchase price
Regulatory Hurdles
- Challenge: Zoning regulations restricted development
- Solution: Collaborated with local authorities, adapted design
- Outcome: Secured approval, completed successful development project
Market Fluctuations
- Challenge: Unforeseen market downturn
- Solution: Diversified portfolio, adjusted investment strategy
- Outcome: Mitigated losses, capitalized on new opportunities
Common Challenges and Solutions:
- Financial Constraints: Explore alternative funding options, partner with investors.
- Market Uncertainty: Conduct thorough research, diversify portfolio.
- Regulatory Issues: Engage experts, maintain open communication with authorities.
Best Practices:
- Thorough Research: Understand market trends, local regulations.
- Risk Management: Diversify, adjust strategies.
- Networking: Foster relationships with experts, investors.
Conclusion:
Landed property investment challenges can be overcome with strategic thinking, expertise, and adaptability. Learning from real-life examples and adopting best practices enables investors to navigate obstacles and achieve success.
2 |