A fresh approach to real estate investment is emerging as FarmCity Estate, a project by Kopitar Ltd, has introduced a model that combines land banking with agricultural productivity.
The initiative enables landowners to earn income from farming activities even before construction begins on their property.
According to the Chief Executive Officer of Kopitar Ltd, Anderson Idoko, the company has designed a system where buyers of land through FarmCity Estate are matched with reliable, vetted farmers who cultivate the land on their behalf. This not only generates income but also enhances the value of the land over time.
“How It Works, we connect landowners to vetted farmers who cultivate the land on their behalf. The land generates revenue through farming while naturally appreciating in value over time. Again the FarmCity Estate by Kopitar is redefining land investment by combining land banking with sustainable agriculture which offers a double benefit of land appreciation and annual farm-generated income,” said Idoko.
The model, according to him, offers a passive income stream for subscribers, creating a new category of agro-investors.
As Idoko explained, “This includes passive Income for Landowners as Subscribers earn yearly income from farm produce without lifting a finger, creating a new category of agro-investors who benefit from passive farming profits.”
FarmCity currently operates in two rapidly developing areas in the Federal Capital Territory: Karshi and Gwagwalada. Both locations are within commuting distance to the city of Abuja, making them strategic for future development and value growth.
“It is Ideal for Land banking which is securing land for future development or resale at the same time earning money out of it. This model is perfect for individuals who are not in a hurry to build. Beyond profits, FarmCity empowers local farmers with access to land and farming resources, creating jobs and promoting food security,” Idoko added.
