Investment Property in Sagamu

Investment Real Estate in Sagamu

Sagamu 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 Sagamu .

Get Our Latest List of Investment Property in Sagamu

Search Map of Sagamu Investment Real Estate

Sagamu or Ishagamu is a conglomeration of thirteen towns located in Ogun State along the Ibu River and Eruwuru Stream between Lagos and Ibadan, founded in the mid 19th century by members of the Remo branch of the Yoruba people in south-western Nigeria . The 13 towns that made it up are : Makun, Offin Sonyindo, Epe, Ibido, Igbepa,Ado, Oko, Ipoji,Batoro, Ijoku, Latawa and Ijagba. It is the capital of Remo Kingdom and the paramount ruler of the kingdom – Akarigbo of Remo’s palace is in the town of Offin in there.

The Sagamu region is underlain by major deposits of limestone, which is used in the city’s major industry, the production of cement. Agricultural products of the region include cocoa and kola nuts. Sagamu is the largest kola nut collecting center in the country. The kola nut industry supports several secondary industries such as basket and rope manufacturing, which are used to store the kolanuts.

The city was founded in the mid-19th century when several small towns united for purpose of defense during the wars brought about by the fall of the Oyo Empire. Sagamu controlled the trade routes between the ports in the Niger Delta and the Yoruba mainland until the British occupied the city at the end of the 19th century. Sagamu has experienced both population and economic growth since the 1950s due to its position between the cities of Ibadan and Lagos. The population in 1995 was 114,300 but 2007 estimates place it as high as 228,382. The Olabisi Onabanjo University’s college of medicine is located in Sagamu.

Sagamu (Offin – Ile) is the new seat of the Akarigbo of Remo (“King” or “Lord” of Remo), the traditional ruler of the Remo Kingdom. The former seat was located in a farther area of OffinFour ruling families are eligible to wear the beaded crown of the Akarigbo, all descending from the first Oba, Akarigbo, a prince of the house of Oduduwa. The current Akarigbo of Remo land was installed and crowned as King in 2017. Notable areas within Sagamu are Offin, Itunshokun, Sabo, Makun,Ajaka,Makun Station, Isale-oko, Isote, Epe, Soyindo, Surulere, Ijagba, Ewu-Oluwo, Ogijo, Simawa, GRA, Ijokun, Batoro. Ijebu language a subdivision of Yoruba language is spoken in Sagamu

Get Our Latest List of Investment Property in Sagamu

The financial stability of Sagamu 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 Sagamu

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

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

Set goals based on how much rental yield will be required and the local rental yield rates in Sagamu and be prepared to change your initial outlook.
Thoroughly research the Sagamu location with a special emphasis on fringe areas outside the main Sagamu metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of Sagamu.
Ensure that your target investment property in Sagamu 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 Sagamu properties yourself is an easy option, but are these savings justifiable when you run into Sagamu red tape? Physis Realty Sagamu office in downtown provides you with peace-of-mind and leaves you time to plan your next move in the growing Sagamu buy-to-rent sector.

With our expert guidance, investing in Sagamu provides the secure knowledge that your money is working harder than it would in a local Sagamu 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 Sagamu, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Sagamu property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Sagamu

Flipping property in Sagamu

Flipping property is when we advise clients to buy a Sagamu 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 Sagamu market has a time to react to the renovation.

The Flipping Strategy in Sagamu

Investment property flipping in Sagamu 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 Sagamu real estate investments are sometimes referred to by professionals as ‘distressed’ Sagamu real estate.

What is distressed Sagamu property:

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

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

Calculate profit that you make from Sagamu investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

Luxury Property in Sagamu

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

Click Here for the Physis Realty Facebook Page

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

Featured