Home»Estate Management» The implication of vacancy and occupancy rates to property investment market in Nasarawa town

The implication of vacancy and occupancy rates to property investment market in Nasarawa town

 Department: Estate Management  
 By: usericon mrrace  

 Project ID: 3349
   Rating:  (3.1) votes: 26
Rate this project
This study examines the implication of vacancy and occupancy rate to the property investment market in Nasarawa town. The specific objectives of this are to ascertain the extent of vacancy of properties in the Nasarawa town, to evaluate the causes of vacancy of properties and to examine the implication of vacancy of occupancy rate to property investment market in Nasarawa town. The research adopted the survey design which offers the opportunity to gather information through the use of questionnaires, personal interviews and observation. A structured questionnaire was administered to the respondents to gather relevant data for the study. Data were presented and analyzed using simple statistical tools such as tables and percentages. The study revealed that the housing stock in Nasarawa is very adequate and that the extent of vacancy and occupancy rates of property is on the positive side. The study also shows that the vacancy and occupancy rate can affect the return on property investment. Finally, the researcher recommends that property investors should invest more in Nasarawa real estate market since the market has a positive indicator of making a higher return on investments as it exhibited low vacancy rate and higher occupancy rate and that the investors and property developers should be very conversant with the forces of demand and supply of the real estate market so as to make an investment decision that will not adversely affect their investments. ...
Preview +
Other Estate Management project topics and materials you might be interested in
»Effect of building material cost on housing development in Nigeria
»Effects of obsolescence on residential properties (a case study of Oparanozie street in Owerri, Imo state)
»An assessment of residential housing problem in the urban areas of Nigeria (a case study of Umuahia urban)
»Effect of environmental pollution on real estate development (a case study of Warri, Delta state)
»Recreational Property Development in Owerri Imo State ( A Case Study of Owerri Municipal )
»Problems of urban land management (a case study of Owerri capital territory)
»Challenges associated with the valuation of specialized properties
»Challenges associated with real estate investment in Enugu, Nigeria
»Effect of location on rental value of commercial property - a case study of Bida metropolis
»The effect of oil spillage on residential property investment (a case study of Oyibo in Rivers state)
»The economic implication of multiple hostel accommodation in tertiary institution in Nigeria (a case study of federal polytechnic Nekede, Owerri)
»Impact of land use act on property development in Nigeria
»Land use regulations and its effects on land development
»Comparative analysis of the impact of infrastructural facilities on the value of properties
»The impact of Akwa ibom state university of science and technology on social development of mkpat enin L.G.A Akwa ibom state

Upload Project

Do you have project materials to share? Upload and earn with it.