Why You Should Buy Land in Port Harcourt Today

Introduction

LAND is the most stable type of asset there will ever be. It has the smallest risk if acquired right. It has proven to be the best investment tool since men stepped their feet on this beautiful green earth. That greatness is never going to be broken as long as Christ tarries.

One might ask, why should I prioritize buying land in Port Harcourt, Nigeria?

Aside from being an oil-rich city with enormous potential, Rivers State (Port Harcourt) remains a major economic hub of not just Nigeria but West Africa and Africa as a whole.

Port Harcourt (Rivers State) is known for its diversity in culture, language, and rich history. The city is experiencing one of the fastest developmental strides in Africa and it's worthy of mention.

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Here are some quick reasons why you should really consider buying land in Port Harcourt.

Natural Resource Reserve

Port Harcourt is a haven of diverse natural resources with crude oil reigning supreme. This attribute makes the city a center of attraction.

Her position on the map of Nigeria, it's a pacesetter to almost every other south eastern and south southern states of the federation.

Population Growth

According to the Nigerian Bureau of Statistics last recorded in 2012, Rivers State's population grows at an annual rate of 3.20% (which can be argued).

As of then, the population of the state was pegged at 6.2 million with Port Harcourt & Obio-Akpor LGAs sharing almost 60% of this population.

If we are to approximate down to 2024, the population of the state should be pegged at 8.6 Million people. 

This is primarily caused by first, there is what’s called organic population growth, the natural expansion of population due to the surplus of births over deaths, a phenomenon driven, in Rivers state’s case, by persistently high fertility rates.

Second, there is in-migration – both voluntary and involuntary – from rural areas, with locals seeking a better life in the city and leaving poorer and in some cases war-torn, rural settings behind.

Third, labour migration and new forms of connectivity are driving migration across borders, stimulating booms in some cities while draining others of human capital. 

This is especially true in Port Harcourt, which has seen some of the fastest growth in connectivity since the turn of the century. 

That means there are 38.4% higher demand for land in the last few years and that will continue to increase. If you position yourself today as a major landholder in this state, in 5 - 15 years from today, you will have done a great deal of good to your financial future. Think about it.

Security

As a state known for different ethnic groups agitating for their own courses almost two decades ago, the state has become one of the most peaceful states of the federation currently.

All thanks to the formidable security structure in the state and to the tireless efforts of the recent governors.

Any investment in the state is one you should be highly assured of especially if you went about the investment the very right way. You have to always do due diligence before committing your one kobo in any investment there is, land inclusive.

For example, our company The Win Realty Limited has been in business for almost 3 years now with 7 estates flown and there haven't been any security concerns whatsoever. Our clients can attest to that really.

If you've been held back by security concerns or wondered about the current security structure of this state concerning investing in our real estate industry, rest assured of our promise of the safety of your investment and life.

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Cheap Entry

When compared to other major cities in West Africa and Africa as a whole growing almost exactly at its rate, the $/sqm acquisition cost is way cheaper in Port Harcourt than others.

This will help you gain more in returns of investment and returns on investment.

Now's the best time to come to Port Harcourt and start your real estate investment journey.

Opportunities That Will Interest You

Below are some of the real estate opportunities I will recommend to you personally. If you have any further questions or clarifications, do CONTACT ME immediately.

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Do you have any questions bothering you about buying lands in Port Harcourt? If yes, please use the comments section below and I will be handy to help you.