Investment Property in Badagry

Investment Real Estate in Badagry

Investment Property in Badagry
Investment Property in Badagry

Badagry property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Badagry .

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Search Map of Badagry Investment Real Estate

Badagry (traditionally Gbagle) is a coastal town and Local Government Area (LGA) in Lagos State, Nigeria. It is between the city of Lagos and share a border with the Republic of Benin. As of the preliminary 2006 census results, the municipality had a population of 241,093.

Serving as a lagoon and an Atlantic port, Badagry emerged as a commercial center on the West African coast between 1736 and 1851. Its connecting and navigable lakes, creeks and inland lagoons acted as a means to facilitate trade and as a security bar for residents. During the Trans-Atlantic slave trade, the town was a middleman between European traders on the coast and traders from the hinterland.

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The financial stability of Badagry has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

Buy to Rent in Badagry

Renting out your Badagry buy-to-rent investment property can grow wealth and income.

Whatever your goals with investment property in Badagry are – preparation is key.

  • Set goals based on how much rental yield will be required and the local rental yield rates in Badagry and be prepared to change your initial outlook.
  • Thoroughly research the Badagry location with a special emphasis on fringe areas outside the main Badagry metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of Badagry.
  • Ensure that your target investment property in Badagry appeals to professionals. This is a demographic that ensures maximum income and low voids.
  • Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent such as Physis Realty with local knowledge and experience of property legislation will give you the best chance of success.
  • You may think that managing your Badagry properties yourself is an easy option, but are these savings justifiable when you run into Badagry red tape? Physis Realty Badagry office in downtown provides you with peace-of-mind and leaves you time to plan your next move in the growing Badagry buy-to-rent sector.

With our expert guidance, investing in Badagry provides the secure knowledge that your money is working harder than it would in a local Badagry bank and that future generations of your family will be left with substantial capital growth assets.

We are always happy to advise on buying investment property in Badagry, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Badagry property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Badagry

Flipping property in Badagry

Flipping property is when we advise clients to buy a Badagry property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Badagry market has a time to react to the renovation.

The Flipping Strategy in Badagry

Investment property flipping in Badagry is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Badagry real estate investments are sometimes referred to by professionals as ‘distressed’ Badagry real estate.

What is distressed Badagry property:

  • Badagry property in need of renovation
  • Badagry real estate with a change of purpose and use
  • Oversold Badagry property
  • Bank repossessions in Badagry

Put simply, long term investors in Badagry purchase the property, renovate it and make it a lot more attractive to potential buyers.

Calculate profit that you make from Badagry investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Badagry property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

Experienced property developers in Badagry use a minimum profit value of 22% when looking at potential Badagry projects. The reason for this is because there are lots that can go wrong in Badagry property flipping and working on a potential margin of 22% should still leave a good margin of error.

Luxury Property in Badagry

For luxury property investors hoping to add a superb property in Badagry to their luxury real estate investment portfolio, Physis Realty is a trusted partner.

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A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Badagry, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Badagry should be entrusted to only the highest-quality agency.

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