Perfect time for one to buy land is in accordance to one’s projections of when they plan to USE it. Assuming you want to build your home or a business in the next coming years; the ‘When’ you are to buy land is Now or sooner than then. And these are some of the reasons why;
1. Land is CHEAPER today than it will be in the coming years. Land is a fixed asset with an increasing demand so it’s price keeps shooting up. The land that is 5M this year will probably be double in 3 years. So if you want to build in 5 years, get the land now & plan ahead. Avoid the unnecessary future high costs.
2. NO PRESSURE; Land should be purchased at low or no pressure. Not rushing to make lifetime decisions is really important. I know people who needed a house like ‘yesterday’ and didn’t even have land to build one. Yes, they found the house to buy but they regretted rushing into buying it a short while after and still regret it years later up to date. There are so many other good options they would have taken but had less time to weigh them. When in a rush, you don’t look through many options with an upright mind. So buy that land ahead of time to use it. If you don’t like it then, you have more time to resell and buy another.
3. Good PAYMENT PLAN: Still about having no pressure; with us at AMITY REALTORS Ltd, you can buy land in installments. Forexample, you can pay as little as 1million as a booking for a 5million plot of Land and then we plan with you on how to pay the balance (also in installments). This is so good a deal, Contact us and be a property owner.
4. DEVELOPMENTS: We all want good neighborhoods with utilities & good services. Fortunately or unfortunately this land is sometimes expensive. It’s a good thing if you can afford it, But if you can’t, there are plenty of other good options to choose from. Look, there are affordable places out of town (probably 10,12,20..kms) away from town, some don’t have these utilities and neighborhoods we want YET but trust in time to sort that out. Most of these places will have utilities and developed neighborhoods in 2-3years. And then you won’t regret not buying land years back because it will be damn expensive in that future time.
5. Reduced future stress; if you buy the land now or soon then you are ready for the future plans to set in when their time unfolds.
6. Security; You now have a fixed asset that you can use as security for financial assistance. Land is commonly offered as very good security for a loan.
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