Ile Oko is a great chance to invest and profit from both real estate and agriculture. This is still a novel investment type, but it is one that is guaranteed to make money. Make no mistake; agriculture is the next frontier. This is a field of investments that is already drawing in people from all over the country. Investors are betting that agriculture will soon become even more popular than real estate. Why?
There will always be a demand for food. In fact; food sufficiency is still a distant dream for Nigeria, and many other African countries. That means there is already a market waiting for whatever comes out of the farms. Therefore, the farm produce is converted to cash immediately after harvest, meaning that investors can make their money – without any excuses.
“But I don’t know anything about farming,” some may say. Well, those are the same kinds of people profiting from the development. Here is how it works.
How Does Ile Oko Farm Development Work?
Ile Oko means farmland in the Yoruba Language. This is a 200 acres farmland which is available for investments. The farmland is managed by farm managers who handle everything from planting, weeding, harvesting and sales of the farm produce.
Investors can decide whether to hand over their farmlands to the farm managers, or whether to engage their own labor. There is no obligation to engage the farm managers in the clearing, planting, or harvesting. Some investors are very particular about harvesting the produce by themselves, which they then either take home, or sell by themselves.
Investors can engage the farm managers only for planting, while they handle the harvesting and sales of the produce themselves.
Investors have no obligation to continue with the farms; they can sell off the farmlands whenever they choose. Land appreciates almost immediately; after a few years of holding the land, investors can resell for very good profits.
That means Ile Oko Farm Development offers the opportunity to make money from the farm produce, and also from the land itself. This is very much like rental property; it brings in residual income, and the asset itself can be sold.
Of course the next question now is “exactly how much can I make from this investment?” This is where they decide if it is worth the investment or not.
Ile Oko Farm Estimated Yield
The estimated yield will vary according to the exact crops that are cultivated on the farmland. Nevertheless, all crops are profitable.
Plantain (9-11 Months From Planting To Harvest)
- For 500 Square Meters
Estimated Plants: 100
Estimated Yield: 100 Bunches
Estimated Profit: 100 Bunches at N4000 Per Bunch equals N400,000
- For 1000 Square Meters
Estimated Plants: 200
Estimated Yield: 200 Bunches
Estimated Profit: 200 Bunches at N4000 Per Bunch equals N800,000
- For 300 Square Meters
Estimated Plants: 700
Estimated Yield: 700 Bunches
Estimated Profit: 700 Bunches at N4000 Per Bunch equals N2,800,000.
Tomato/Pepper (5 Months From Planting To Harvest)
- For 500 Square Meters
Estimated Plants: 1000
Estimated Yield: 1000KG
Estimated Profit: 1000KG at N500 per Kilogram equals N500,000
- For 1000 Square Meters
Estimated Plants: 2000
Estimated Yield: 2000KG
Estimated Profit: 2000KG at N500 per Kilogram equals N1,000,000.
- For 3000 Square Meters
Estimated Plants: 6000
Estimated Plants: 6000KG
Estimated Profit: 6000KG at N500 per kilogram equals N3,000,000
Yam (9-12 Months From Planting To Harvest)
- For 500 Square Meters
Estimated Plants: 500
Estimated Yield: 500 Tubers
Estimated Profit: 500 tubers at N1000 per tuber equals N500,000
- For 1000 Square Meters
Estimated Plants: 1000
Estimated Yield: 1000 tubers
Estimated Profit: 1000 tubers at N1000 Per tuber equals N1,000,000
- For 3000 Square Meters
Estimated Plants: 3000
Estimated Yield: 3000 tubers
Estimated Profit: 3000 tubers at N1000 per tuber equals N3,000,000
Please note that the information above represents estimated figures; which means it is even possible to exceed these margins in yield and profits. There are several advantages that come with this investment.
Ile Oko Farm Development Advantages
Earn Income Without Stress: Ile Oko farm development is an investment vehicle that enables you to earn money without any stress. That’s right, the farm management handles every aspect of the process from planting to selling the produce. This means investors do not need to make any effort; everything will be done by proxy.
Of course, investors are welcome to monitor the process so as to have the assurance that everything is in order, and profits are on the way. Investors can visit their farms at any time of their choosing. They may also maintain communication with the farm management.
Recoup Original Investment Fast: With the example of yam cultivated on 1 acre of land (3000 square meters), it is possible to make the initial investment made on purchasing the land within a year. That means it takes only one farming season to recover the cost of the land.
For the smaller plots (500 and 1000 square meters) it typically takes within 2 to 3 years to recover the money spent on the initial investment; which is the purchase of the land. After the investment is recovered, the land remains the property of the investor.
Make Money Forever: That is provided the investor decides to continue with the investment. The land is not rented or leased; it is purchased outright. Therefore, investors can continue to earn money through this avenue for as long as they like even passing it down to loved ones.
Diversify Investment Portfolio: Sophisticated investors know the value of diversified investments; spreading the risk into different sectors. That way, when one investment fails to generate income, there is always a second or third stream of income. A further benefit of agriculture as an investment is that it is also possible to diversify your investments in agriculture. How?
Investors can have up to 2 or 3 plots – each cultivated with a different crop. That way income can come at different intervals, and from different crops. This further increases the chances of success, and the likelihood of making profit.
Very Good Location: Ile Oko Farm Development is located near the Federal University of Agriculture Abeokuta (FUNAAB). This is the home of agricultural research and development. What this means for investors is; new farming practices are going to reach this farm estate before other places. Thus, investors can rest assured that profits will continue to roll in.
Furthermore, the farmland is situated close to the major highway linking Abeokuta. That means it is accessible; investors can visit their farms at any time, without stress. It also means that farm produce can easily leave the farms, and make their way to the markets.
How Much Does It Cost To Invest?
There are several investment packages at Ile Oko Farm Development. 3 different plot sizes that are available, and they come with different prices to fit the budget of different categories of investors.
500 Square Meters at N350,000.
1000 Square Meters at N700,000.
3000 Square Meters at N2,000,000.
Despite the low prices of the plots, there are still payment plans to make them even more attractive. Investors do not need to pay for the plots outright; the payments can be spread out over 3 months.
For 500 Square Meters (which costs N350,000) the initial deposit is N150,000.
For 1000 Square Meters (which costs N700,000) the initial deposit is N300,000.
For 3000 Square Meters (which costs N2,000,000) the initial deposit is N1,000,000.
Payments can be spread out to three months, which is ideal for average salary earners, and other small investors. Ile Oko farm development which is located in Molaka, Abeokuta is also open to big investors. The farmland measures 200 acres; therefore investors are welcome to purchase as much as 10 Acres and above.
How To Invest In Ile Oko Farm Development
For further information about investing in Ile Oko farm development, please contact Bestate Properties on 08090651344. Bestate will guide you through the process of purchasing plots on this farm development, and other similar farming developments. Bestate also has a wide variety of properties, including lands, houses, apartments, and office spaces.
Bestate Properties include properties available for purchase, rent, and short lets. The company priorities client safety above all else. All properties in the Bestate portfolio have been carefully vetted to ensure their validity. There is no risk of losing your money or investment.
For peace of mind, call Bestate now.