Owerri and Its real estate and property investment increase potential
May 10, 2023, 12:15 pm Blog Investment Tips Seen: 5361
Owerri and Its real estate and property investment increase potential. Owerri is the capital of Imo State, Nigeria. Owerri is a good place for real estate and property investments. Owerri is a home for workers, it houses a polytechnic, university of agriculture, college of education, federal and state university. It’s a good place for entertainment, leisure, fun, tourism and residence.
You can find land and house property in Owerri, buy house or land in Owerri, there are lot of land property in Owerri Nigeria, house for sale are plenty in Owerri, it is a good place for real estate and property investment in Owerri.
Owerri is the capital city of Imo State in Nigeria, situated in the heart of Igbo land. It is also the state's largest city, followed by Orlu, Okigwe and Ohaji/Egbema. Owerri consists of three Local Government Areas including Owerri Municipal, Owerri North and Owerri West, it has an estimated population of about 1,401,873 as of 2016 and is approximately 100 square kilometres 40 sq mi in area. Owerri is bordered by the Otamiri River to the east and the Nworie River to the south. The Owerri Slogan is Heartland.
Transportation and Trade:
Owerri has an airport 23 kilometres away from the city, called the Imo Airport, located in Obiangwu, Ngor Okpala LGA. The Airport Sam Mbakwe Airport provides flight services to Abuja, Lagos, Port Harcourt, and Enugu. Right now, it serves as an alternate for Port Harcourt. Sam Mbakwe International Cargo Airport is now an International Cargo Airport. Some major roads that go through the city are; Port Harcourt Road., Aba Road., Onitsha Road., and Okigwe Road. Investing on hotels and commercial buildings will be very good.
Owerri houses the Relief market, which is the main market in Owerri after the demolition of Eke Ukwu Owerri. Owerri sits in the rain forest and produces many agricultural products, such as yams, cassava, taro, corn, rubber and palm products. Owerri also sits on huge crude oil and natural gas reserves like most of the Igbo land areas. Owning offices and shops for rent will be a good investment opportunity. Owerri is good place for transportation, trading and farming business. It has indigenes, workers, farmers, and business people and student as residents. Shopping malls and business hops it’s also a good area to invest in Owerri.
Schools and Education:
Owerri has African University of Science and Technology AIST CCE Owerri, Federal Polytechnic, Nekede, Federal University of Technology Owerri, Imo State University
Alvan Ikoku College of Education, Federal College of Land Resources, Oforola, Government Technical college Owerri, Imo State Polytechnic, Umuagwo, Owerri MSME Business School Aladinma Housing Estate, Owerri, Seat of Wisdom Seminary Owerri.
These schools attracts a lot of people to the city of Owerri, thereby increasing the need for real estate and property investments. With these schools there is a sure potential of return for investment.
Food:
One major food that is particular to the Owerri people is known as Ofe Owerri ofe means soup, while Owerri is the capital of Imo state. It is sometimes referred to as the king of soup and in some Igbo communities, beautiful women are sometimes likened to Ofe Owerri. Ingredients for the soup, include snails, ponmo cow skin, goat meat, okporoko dried hake fish, dried fish, oporo smoked prawns, grounded dried crayfish, wraps of ogili fermented soya beans, fresh pepper, grounded dried pepper, grounded uziza seeds Ashanti pepper, cocoyam, palm oil, sliced ugu leaves pumpkin leaves, sliced oha leaves, sliced uziza leaves, stock cubes, achi powder and salt.
Sport:
Owerri has a major Nigerian football club: Heartland F.C. It was known previously as Iwuanyawu Nationale, but the team retained its nickname: The Naze Millionaires. Popular super Eagle players hails from Owerri, people like Emmanuel Emenike, Kelechi Iheanacho who played for major English clubs like Manchester City F.C. and Leicester City F.C., Former Inter Milan, Arsenal, Portsmouth F.C. striker and Nigeria national football team player Nwankwo Kanu was born and raised in Owerri. He attended Holy Ghost College, a renowned local secondary school in the Owerri town.
Religion:
Christianity is the dominant religion in Owerri. Catholics and Anglicans have the largest. There are also Pentecostals such as Realm of Glory International Churches, Owerri, Winners, etc.
Owerri is a good place to invest on land and house properties. The demand for houses to rent is increasing everyday as more people come into Owerri. Owning offices and shops for rent will be a good investment opportunity. Shopping malls and business hops it’s also a good area to invest in Owerri.
You can find land and house property in Owerri, buy house or land in Owerri, there are lot of land property in Owerri Nigeria, house for sale are plenty in Owerri, it is a good place for real estate and property investment in Owerri.
Owerri is the capital city of Imo State in Nigeria, situated in the heart of Igbo land. It is also the state's largest city, followed by Orlu, Okigwe and Ohaji/Egbema. Owerri consists of three Local Government Areas including Owerri Municipal, Owerri North and Owerri West, it has an estimated population of about 1,401,873 as of 2016 and is approximately 100 square kilometres 40 sq mi in area. Owerri is bordered by the Otamiri River to the east and the Nworie River to the south. The Owerri Slogan is Heartland.
Transportation and Trade:
Owerri has an airport 23 kilometres away from the city, called the Imo Airport, located in Obiangwu, Ngor Okpala LGA. The Airport Sam Mbakwe Airport provides flight services to Abuja, Lagos, Port Harcourt, and Enugu. Right now, it serves as an alternate for Port Harcourt. Sam Mbakwe International Cargo Airport is now an International Cargo Airport. Some major roads that go through the city are; Port Harcourt Road., Aba Road., Onitsha Road., and Okigwe Road. Investing on hotels and commercial buildings will be very good.
Owerri houses the Relief market, which is the main market in Owerri after the demolition of Eke Ukwu Owerri. Owerri sits in the rain forest and produces many agricultural products, such as yams, cassava, taro, corn, rubber and palm products. Owerri also sits on huge crude oil and natural gas reserves like most of the Igbo land areas. Owning offices and shops for rent will be a good investment opportunity. Owerri is good place for transportation, trading and farming business. It has indigenes, workers, farmers, and business people and student as residents. Shopping malls and business hops it’s also a good area to invest in Owerri.
Schools and Education:
Owerri has African University of Science and Technology AIST CCE Owerri, Federal Polytechnic, Nekede, Federal University of Technology Owerri, Imo State University
Alvan Ikoku College of Education, Federal College of Land Resources, Oforola, Government Technical college Owerri, Imo State Polytechnic, Umuagwo, Owerri MSME Business School Aladinma Housing Estate, Owerri, Seat of Wisdom Seminary Owerri.
These schools attracts a lot of people to the city of Owerri, thereby increasing the need for real estate and property investments. With these schools there is a sure potential of return for investment.
Food:
One major food that is particular to the Owerri people is known as Ofe Owerri ofe means soup, while Owerri is the capital of Imo state. It is sometimes referred to as the king of soup and in some Igbo communities, beautiful women are sometimes likened to Ofe Owerri. Ingredients for the soup, include snails, ponmo cow skin, goat meat, okporoko dried hake fish, dried fish, oporo smoked prawns, grounded dried crayfish, wraps of ogili fermented soya beans, fresh pepper, grounded dried pepper, grounded uziza seeds Ashanti pepper, cocoyam, palm oil, sliced ugu leaves pumpkin leaves, sliced oha leaves, sliced uziza leaves, stock cubes, achi powder and salt.
Sport:
Owerri has a major Nigerian football club: Heartland F.C. It was known previously as Iwuanyawu Nationale, but the team retained its nickname: The Naze Millionaires. Popular super Eagle players hails from Owerri, people like Emmanuel Emenike, Kelechi Iheanacho who played for major English clubs like Manchester City F.C. and Leicester City F.C., Former Inter Milan, Arsenal, Portsmouth F.C. striker and Nigeria national football team player Nwankwo Kanu was born and raised in Owerri. He attended Holy Ghost College, a renowned local secondary school in the Owerri town.
Religion:
Christianity is the dominant religion in Owerri. Catholics and Anglicans have the largest. There are also Pentecostals such as Realm of Glory International Churches, Owerri, Winners, etc.
Owerri is a good place to invest on land and house properties. The demand for houses to rent is increasing everyday as more people come into Owerri. Owning offices and shops for rent will be a good investment opportunity. Shopping malls and business hops it’s also a good area to invest in Owerri.
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