
The measure of the piece of land is common in most parts of Africa as a size of land for sale. The land can be used in different ways to benefit the investor but is dependent on a number of factors key of which being location. But let us see how a 50×100 commonly known as an eighth plot can be profitable for you in these 6 ways:-
SPACE UTILITY
- How you design the property is key for you to maximise the space available. Depending on the size of the construction where it is a residential, it is possible for you to fit in two units of 3 bedroomed houses. The design can also allow for you to have a car pack for two cars and leave ample space at the front for a landscaped garden
HOUSE DESIGN
- While some prefer maisonette designs a bungalow type house carries less weight than the high-rise house types so the foundation costs are greatly reduced. Another benefit of bungalow type houses is that you do not have the expensive concrete suspended slab so the roofing costs are also greatly reduced. And the icing on the cake is that it reduces the pressure of building fast where resources are limited as you are able to construct the bungalow in phases and at your own pace.
PROFIT PORTFOLIO
- Depending on why you have made the investment, the houses may be completed and sold for a profit depending on location, population and terms of sale.
RENT COLLECTION
- As a scenario where the project has two houses, you can occupy one while collecting rent from the other as a let property or as an arbnb or any other business.
GARDEN
- The easiest way to make money first is to plant foods that are needed often. A plot of this nature can also assist you to make money where you grow fast growing foods. This option is best applied where the plot is yet to be developed. It also keeps the air fresh and the birds visiting.
LEASE
- Where the plot is on a commercial space, it can be leased out for a period of time. Once the period expires, the land would have made you an income. This is often used for short term businesses.
Invest with Optiven
Call us: 0790 300300 / 0723 400500
Email: info@optiven.co.ke
https://www.optiven.co.ke/properties/