CategoriesBlog Real Estate

THE WATERFRONT ADVANTAGE – How your view influences your lifestyle

There’s something unique about Waterfront properties that creates a standout factor to your real estate investment portfolio. Whenever you have an opportunity to invest in a piece of property that has anything to do with water, lakes, oceans, rivers, streams or even artificially created water features – you should take advantage, even if you are within view of it, and not with direct access.

Direct waterfront access is however the golden standard. There is an exponential increase in value (especially in estate/developments where it is in limited supply). Sometimes people waste time trying to negotiate a great deal- and negotiating is great, but never lose an opportunity to invest in a waterfront property if you can afford it. Also, be ready to pay the premium because it always has a guaranteed exit. The demand and supply ratio will always make it worthwhile.

So when next you want to make a property investment, you have to consider how big a difference choosing a waterfront position could make to your portfolio

We would share with you 3 main reasons why you should invest in Waterfront property.

Health and wellbeing benefits
Research shows that living close to water has significant benefits to one’s mental state, the theory being that water has a calming effect. Further research also shows that living by the water offers more fitness and recreation options. Also, conscious health and wellbeing is becoming a top priority for Nigerians, influencing how they commute to work, spend their leisure time and even where they choose to live. As result, it should become a major criteria for investors to opt for waterfront properties to facilitate a healthy lifestyle.

A rewarding investment

Waterfront properties accounts for a significant value in terms of return on investment. Waterside properties are normally scarce to find and as a result, it allows them to retain their value over a longer period as compared to properties in the city hub. Along with its excellent resale value, it can also be used for lease purposes. People want to lease waterfront homes for the same reasons that you want to buy one.

Demand for the water’s edge

Everyone desires the strong wellbeing and affluence factor associated with waterfronts so it’s always in demand. Research shows that a property on the water’s edge is on average worth more than those located inland, the more reason why a waterfront property in Banana Island (Ikoyi) is far more expensive than properties even within Ikoyi and also in high demand.  The reason for this comes down to the simple laws of economics. Properties which are genuinely on the water are few and far between. The exclusivity of waterfront properties often requires larger upfront capital, however the long-term capital appreciation will be far greater. Therefore, ensure your finances are in order so you can make an offer the minute you have an opportunity.

Get in touch

phone

+234 809 600 0027
+234 809 600 0017

10, Onisiwo street, off Lateef Jakande, Ikoyi, Lagos.

email

admin@fineandcountry.ng

about us

Fine & Country is a global real estate brand, specializing in providing a premium service through exceptional marketing and professionalism in the upper quartile of the market.

Newsletter

Get latest news & update

© 2024 – Fine and Country International Realty (West Africa) Limited.  All rights reserved. | Privacy Policy

Contact us
Name
Email
Phone
Message
Send message
By continuing without changing your cookie settings, we assume you agree to this. Please read our
We use cookies to help give you the best experience on our website.
Ok, I Agree
We use cookies to help give you the best experience on our website.
By continuing without changing your cookie settings, we assume you agree to this. Please read our
Ok, I Agree
Download
Enter your details to get the ebook!
The Modern Guidebook
to Email Marketing
Download Free Ebook

Our website uses cookies and thereby collects information about your visit to improve our website (by analyzing), show you Social Media content and relevant advertisements. Agree by clicking the 'Accept' button.