Rabiu the most defining factor in Makarios Luxury Place is that it is a buy and plug-in estate. You buy a plot of land, the road is paved already with underground drainage, you hook-up electricity, water and sewage all already in place and centralized. The land improvements has been completed before hitting the market. Trust me land improvements takes most chunk of the funds and makes a property more expensive and at the same time desirable.
A big reason it's plug and play is because they didn't buy the land now, the land has been bought 20yrs ago, it reduces the entry capital. A 50 acres facing express land will cost nothing less 1b, that's 1b spent on infrastructure instead of spending it on land acquisition
Rabiu the most defining factor in Makarios Luxury Place is that it is a buy and plug-in estate. You buy a plot of land, the road is paved already with underground drainage, you hook-up electricity, water and sewage all already in place and centralized. The land improvements has been completed before hitting the market. Trust me land improvements takes most chunk of the funds and makes a property more expensive and at the same time desirable.
A big reason it's plug and play is because they didn't buy the land now, the land has been bought 20yrs ago, it reduces the entry capital.
A 50 acres facing express land will cost nothing less 1b, that's 1b spent on infrastructure instead of spending it on land acquisition
They are now sending out emails asking people to start buiding.
People can't buy land and just leave it without any improvement, even if it's for investment, you still have to do something on the land