The global economy was in a state of crisis earlier this year as the Coronavirus pandemic forced several countries to go on lockdown.
When stocks drop, and a recession seems imminent, it causes many people to assume the same thing is happening in the housing market, when in fact, research has shown that global home prices increased during three of the last five recessions.

A recession can be the best time to buy real estate because it is less volatile than the stock market, and it naturally hedges against inflation. Real estate is a low-risk, high-return investment when held for a long time.
The smartest real estate investing strategy to implement during this time is finding properties with immediate cash flow potentials and an excellent chance for appreciation over the long term. One such option is the Pacific Manor Estate Lekki. Its location along the Lekki/Epe expressway corridor makes it a perfect spot for a yearly rental home, short let home, or Air BnB.
An investor can earn an estimated ROI of 19% yearly in each apartment. Likewise, as a result of the volume of economic activities and population increase in that axis, the value of properties along that axis is steadily rising. Investing in this property will guarantee not only regular cash flow from rent but also value appreciation that comes with keeping the apartment for a long time.

Renowned real estate investor; Robert Kiyosaki said,” Real estate investing, even on a very small scale, remains a tried and true means of building an individual’s cash flow and wealth.

Buying investment property during the COVID-19 pandemic is a great opportunity–if you buy smart. Unique opportunities for investors are still out there for those willing to look, and Dradrock Real Estate is ready to show you where to look.