The Truth About “Buy Now, Develop Later” Strategies in Real Estate
- July 2, 2025
- Posted by: Conichomesadmin
- Category: Uncategorized
Have you ever heard someone say, “Buy land now, and build later”? That’s a real estate strategy many smart investors use—but what does it really mean? And is it a good idea?
Let’s break it down in simple terms so that even a Grade 6 student can understand.
🏡 What Does “Buy Now, Develop Later” Mean?
It means you buy a piece of land today, while it’s still cheap, and then wait to develop (build on) it in the future—when you’re ready, or when the area becomes more valuable.
You’re not building right away. You’re simply locking in the price before it goes up.
💡 Why Do People Choose This Strategy?
✅ 1. Land Is Cheaper Today Than Tomorrow
Land in new or growing areas are still affordable. But in a few years, after roads, schools, and businesses arrive, prices go way up.
💬 Smart investors buy now before others discover the area.
✅ 2. You Can Save While You Plan
Even if you don’t have money to build yet, you’ve already secured the land. You can save or plan for building later, without worrying that land prices will get too high.
✅ 3. Your Land Value Grows Over Time
While you’re not building, your land is quietly increasing in value. So by the time you sell it or develop it, you’re already ahead.
🧐 What to Watch Out For
While “Buy Now, Develop Later” is a great plan, there are some things you should be careful about:
⚠️ 1. Make Sure It’s Allocated
You must know exactly which plot is yours. Don’t just buy and disappear. Ask for allocation and survey documents.
⚠️ 2. Secure the Land
Even if you’re not building, fence it or mark it. This shows ownership and helps avoid land disputes.
⚠️ 3. Keep Your Papers Safe
Get your receipt, deed of assignment, and other documents. You’ll need them when you want to sell or build.
⚠️ 4. Avoid Buying Fake or Problematic Land
Only buy from trusted companies like Conic Homes and Properties Ltd. Many people lose money when they buy land that has no papers or belongs to someone else.
✅ Real-Life Example
In 2020, Mrs. Ada bought a plot for ₦600,000 at Ogwashi-Uku.
She didn’t build immediately.
By 2025, her land was worth ₦2.5 million
She sold one plot and used the profit to build on another.
💡 That’s how smart “buy now, build later” works.
📢 Food For Thought
The truth is, you don’t have to wait until you’re rich to start investing in land.
If you find a trusted location and a reliable company, you can start small—then build or sell when you’re ready.
🚀 Ready to Secure Your Future Today?
At Conic Homes and Properties Ltd, we make land ownership easy.
✅ Prime, growing locations
✅ Flexible payment plans
✅ Proper allocation and documents
📞 Call us now or send us a message.
Buy now. Develop later. Smile forever.