Owning a house in their home countries is a common investment Diaspora Africans have to make. They do so for a variety of reasons.
Building a home at home is like building a future at home as many migrants would like to spend life after retirement in their countries of origin.
Some also build to provide a home for ageing parents or a place to stay when they visit.
For many, a property at home could be a form of investment from which they derive regular income and property value appreciates very fast in urban areas too.
Even if the reasons for property ownership at home are economic or social, there is also an emotional aspect of it. It is a self-assuring evidence that all the efforts and pains of migration have not been in vain.
For the benefit of Nigerians abroad there are now many estate development companies that sell plots of land in serviced estates or fully-built housing units to home buyers.
Kayode Obembe & Company, a Lagos-based property development firm and one of those serving the Diaspora, is currently touring Europe to pitch to Nigerians.
The company believes that the time has never been better for Diaspora Nigerians to buy landed property at home.
Due to the economic crisis in the country, there’s been a slump in the value of property just as the naira has also lost so much value.
These two factors favour Nigerians abroad whose savings in hard currencies now fetch record naira value.
The Lagos-based company is developing several estates in and around Lagos, offering buyers the opportunity of acquiring serviced plots of land without any stress.
Buying plots of land directly from a reputable estate development company protects buyers from being duped by land speculators and fraudsters.
What’s more, buyers don’t have to pay in full upfront; they can pay in instalment, as the company offers attractive payment plans.
Among the estates being developed by Kayode Obembe & Company in the Lagos Megacity axis are
- Portview Estate, Lekki Free Trade Zone, Ibeju-Lekki
- Victory Estate, Lekki Free Trade Zone, Ibeju-Lekki
- Gracecourt, Mowe, Off Lagos-Ibadan Expressway
- Vineyard Estate, Off Lagos-Ibadan Expressway
The company’s directors are using the European road show to introduce the estates to interested Nigerians and answer the questions they may have. Of course, the events also offer the unique opportunity of transacting business with the company without having to travel to Nigeria.
The estate company’s road show hits Germany on 25-26 February when it visits Frankfurt and Munich.
According to Kenneth Gbandi, the Managing Director of Heritage Group and media consultant to the road show, Kayode Obembe & Company seeks to make the process of acquiring landed property at home as easy and risk-free as possible for Nigerians abroad.
Gbandi explains that the property development company specifically targets Diaspora Nigerians with its varied products, ranging from serviced plots of land to fully-built housing units, because it wants to free them from the stress of buying from non-professionals with all the attendant danger.
“Come to the shows and make your dream of owning your own home become real,” Gbandi, who is also the the chairman of the Board of Trustees of the Nigerians in Diaspora Organization Europe, invites Nigerians in Germany.
“At the shows you can have a chat with the company and find out all you need to know about buying,” he explains. “The no-pressure environment lets you collect as much information as you need to make your decision.”
Events & Dates:
Frankfurt Road Show
Date: 25 February, Time: 2 pm
Venue: Mainfeld – Raum für Kultur, Im Mainfeld 6, 60528 Frankfurt/Main
Contact: Princess Adeyemi, Tel: 0157-59143115
Munich Road Show
Date: 26 February, Time: 2 pm
Venue: TG Group International, Leopoldstr. 244, 80807 Munich
Contact: Kazeem Ojoye, Tel: 0179-5349909
More information about the company at: www.kayodeobembeco.com.ng