CRONYX LAND BANKING INVESTMENT PROGRAM (CLIP)
ENJOY UPTO 150% FINANCIAL GROWTH IN 24MONTHS OR LESS WITH CRONYX LAND BANKING.
If you're unfamiliar with the concept of land banking, you definitely have one question: what is it? Then there's the question of "should I invest in it?"
Land banking is a real estate investment strategy that entails purchasing undeveloped land at a low price, holding it for a period of time, and then selling it for a profit when the price rises.
Simply put, you buy land, wait for the value of the land to increase, and then sell it to other interested parties for a profit.
How Does It Work?
CRONYX REAL ESTATE AND INVESTMENT SOLUTIONS LTD is a real estate development company in Nigeria. After conducting an extensive study on locations prone to rapid appreciation and development, purchasing undeveloped land, farms, and other greenfield properties to add to our portfolios.
Think of this portfolio as our "bank."
We then assist individuals in purchasing those undeveloped land that we already have in our land banks, Then those individuals who purchased those lands retain it for a period of time before reselling at a higher price for a profit.
For instance One of our estate lands started selling at the price of 200k for an acre in less than a year and is currently selling at 400k per acre.
While the other started selling at 350k and now currently selling at the price of 1.5m also this is less than a year, with great potential for the price to increase in a few months from now due to the massive development and impact of the estates.
Why You Should Invest In Land Banking
- Appreciation in the value of the land
Land banking is a smart investment strategy since the value of land continues to rise around the world. On the other hand, as has been observed, the cost of obtaining land always rises and rarely falls.
- Minimal Start-Up capital
Vacant, undeveloped land is usually the cheapest sort of real estate available. The property does not begin to appreciate in value until it undergoes expansion and development.
As a result, if you know where to hunt for exceptional land offers, you can start investing with very little money.
- Low competition
There is little competition in the real estate investment niche. The majority of people (especially those with a lot of money to invest) are only interested in the other juicy side of real estate investment.
If you're looking to acquire undeveloped land, one of the biggest benefits is that you'll have fewer competitors.