You loved their emails - relative lost in horrible plane crash, secret fund that can only be removed from the country with your assistance, please send all private banking information most hastily - now there's another chance to quintzupple your money in that wonderful country: real estate!. read the whole thing, of course, before you invest, but here's just a teaser:
A new report has predicted more buoyant time for operators in the real estate sector and urged investors seeking bountiful returns to look in that direction.
The report coming from the nation’s foremost credit rating and research agency, Agusto & Co, the report ranked real estate as one of the fastest growing sectors in the country.
It quoted the firm’s Analyst-in-Charge, Mr. Dolapo Oni, as saying, “The real estate market is one of the most viable alternatives to investing in the stock market that can give comparable returns.”
It also said, “Real estate tends to mostly appreciate. Prices of land and property rarely fall. In the last one-year alone, prices have appreciated in some areas of Lagos by over 200 per cent. On the average across all observed locations, prices appreciated by over 30 per cent.
“As such, investors are guaranteed to a large extent that their capital will appreciate significantly, if they invest in the right real estate properties.”
"Guaranteed to a large extent"? Who can resist that kind of opportunity? Please send your banking information directly to me - I'll pass it on.
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