How Rotarian Victor Oyefeso is empowering Nigerias with affordable real estate properties in Ogun State

Real estate plays an important role in national development as it contributes to the economic growth in many ways including job creation, revenue generation, economic activity, community development and more.

In Nigeria, the real estate sector has the potential to contribute more to the national economy, but its potential is largely untapped.

For instance, A PHC’s report on ‘The State of the Real Estate Market in Nigeria’ estimates Lagos housing deficit at three million units.This means atleast three million Lagosians do not have a decent accommodation and the basic reasons for this is the cost of this housing beginning with land.

According to the Nigerian Property Centre, the average price of land for sale in Lagos in 2024 is between ₦70,000,000 and ₦90,000,000, but the price can vary greatly depending on the location, size, and features of the land.

Now let’s compare the average income of Lagosians and we’ll see why housing deficit has continue to be on the rise each passing year. In 2024, the average income of Lagosians varies depending on factors such as gender, marital status, and occupation.

According to PaidHR’s State of the Employed Report, 78% of workers in Lagos earn less than ₦100,000 per month.

Men earn more than women, with a median male salary of ₦70,000 and a median female salary of ₦50,000.While the housing deficit persists in Lagos, Ogun state offers big opportunities to Lagosians but majority of Lagosians are yet to awake and take advantage of these investment and housing opportunities.

Ogun state, located in the southwestern part of Nigeria, is a great place to invest in real estate especially for Lagosians for several reasons such as: Proximity, Growing population and economy, Affordable prices, Favorable Government Policy on Property Ownership, Diversified Investment opportunitiesRotarian Victor Oyefeso is an Investment expert, administrator and strategist, the Managing Director and CEO of Villamond Investment Limited – a real estate development company committed to developing affordable and eco-friendly residential & commercial estates in Africa.

Villamond is currently developing two residential and commercial estates in Ode-Remo Ogun state close to the Gateway International Airport, namely Alafia Garden and Airport View estates.

Alafia Garden Estate in Ode-Remo along Lagos-Ibadan Expressway is an exquisite residential estate beautifully designed with perimeter fence, gate house, solar street lights, cctv, tennis court, commercial area etc.

Another like it christened Airport View Estate is strategically located behind the Gateway International Airport in Ode-Remo, Ogun state just 55 minutes drive from Alausa Ikeja Lagos, 50 minutes from Ibadan city centre, 50 minutes from the Governors’ office Abeokuta, will pass as one of the most beautiful residential estates in Nigeria when fully developed – AVE is a place of tranquility and greenery.

The estate which will be launched in January 2025 is targeting first time land buyers and also real estate Investors who have eyes for high appreciating and safe investment and one of the company’s aim is to make it affordable for low and mid-income earners.

With as low as N1.2million subscribers can own a plot of land and spread payments for up to 24 months.To take advantage of their pre-launch price which is 25% off, you can also message the company by visiting their website.

Over the years, Villamond has delivered plots of land to investors and subscribers and has helped many to own affordable and high-appreciating properties in Lagos and Ogun state.

Rotarian Victor Oyefeso is helping people across the globe to create wealth using real estate as a vehicle. Victor continue to educate and empower Investors in four continents, helping them to make the right investment choices thereby creating financial awareness, eliminating financial illiteracy and ultimately creating wealth.

As a member of the Rotary Club and having donated over a thousand dollars to the Rotary Foundation, Victor was awarded the prestigious award of being a Paul Harris Fellow (PHF).

Victor has served in various capacities in his club and has been helping to promote the humanitarian and laudable ideas of Rotary, thereby helping to improve the living standard and creating hope in our world.

Victor has a number of published books that he uses among other mediums, to share his ideas, educate and promote financial literacy and ultimately adds value to his world.

He is the Best-selling author of “EVERY LAND HAS GOLD”.VO has helped many to find meaning, comfort and purpose as he continued to use his business and social platforms to achieve this. His passion is to continue to serve his unique gift to the world, making the world a better place for the next generations.