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Showing posts with the label Real Estate in Nigeria

THE OCEANNA IS AN ICONIC OCEANFRONT DEVELOPMENT IN VICTORIA ISLAND, #LAGOS NIGERIA.

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Invest Now! Be a part of History. Join other discerning investors to own a piece of Luxury with high return on investment. The OCEANNA Hotel #Apartments, is an investment that would earn you a life-time stream of increasing income. The Hotel investment offer investors an average yield of 25% per annum. In addition, an investment in the hotel eliminates the usual inconvenience associated with a buy-to-let, such as maintenance costs and other repairs, allowing you watch your investment grow without hassles.

Can Low-Income Earners Build a Home?

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Grand Luvu Estate in Abuja buit by Millard Fuller Foundation With the recession lingering and hitting hard on real estate sector, many prospective homeowners are dumping the idea of homeownership, while others want to build a simple home that is comfortable and affordable, without going into debt.   It is a fact that in most Nigerian cities, the dreams of lower construction costs have once again become a nightmare for a lot of aspiring homeowners, going by fresh increases in the prices

High Rents, Recession Forcing Low-income Tenants to Suburbs

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Mowe in Ogun State… one of the suburbs With areas that were once affordable now out of reach, low-income renters are being forced to outskirts and border towns in major Nigerian cities.The soaring cost of renting is pushing tenants away from the centre of most capitals. For instance, Lagos, Abuja and Port Harcourt are now experiencing the highest demand from prospective tenants. The persistent changes of use of certain streets from residential to commercial have also put pressure on property owners to increase their rents for apartments.   Studies show that affordable housing is becoming increasingly out of reach for many low- and even moderate-income renters in the nation’s urban centres and their surrounding suburbs, as supply did not keep pace with this growth in demand, vacancy rates decreased, the average number of people living in a rental unit increased, and, in most areas, rents rose. The situation is worsened by the recession in Nigerian economy due to differen...

Developer Shores up Mass Housing with Ogun, Abuja Projects

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Artist impression of apartments at the estate. Convinced of government’s inability cum lack of interest in tackling the problem of mass housing provision in the country, private sector developers have continued to step up their game to fill the void. The words of Mr. Dotun Oloyede of Mcbuddy Properties Limited are laced with this passion as the firm has begun offering its second phase project to prospective subscribers. With phase one which started in 2011 sold out 90 percent, the company rolled out its phase two in the last quarter of 2015 on 14 acres both located in the fast developing Shimawa axis of Ogun State, not leaving out Abuja among others scattered all over the Central Northern region. This includes Nasarawa State, Karshi, Gurku, Orozo and Giri. Each estate offers a minimum of 20 units of homes.

The Benefits Of Knowing The Title On A Land.

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Land is undoubtedly a major factor in the social and economic development of every country, it serves as a social security function to most people because after all else have failed, land still returns to the owners for use. It is perhaps the most important natural resource, in the sense that it affects every aspect of people’s lives. Proof of title to land is the protection and degree of control which a person has over any given land. Proofing title to a land surfaces when there is need to buttress the ownership claim to a land and title registration is mainly to protect property rights, to facilitate transactions in land, and to enable land to be used as collateral for a loan. A system of land title registration identifies each individual land parcel and provides confirmation by the state that the person named in the register has specified property rights in that parcel.

An Eight (8) Massive Bedroom Detached house at Magodo Phase 1

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This Property Valued N80million in today's market, but Owner Ready to give it out for N65million NET. MAGODO GRA PHASE 1 (ISHERI) - LAGOS: An Eight (8) Massive Bedroom Detached house with two (2) Kitchens, Three (3) Sitting Area, two (2) Boys Quarter, etc on a Land measuring 700sqm in a Residential Part of Magodo G.R.A Phase 1 (Isheri), Lagos. TITLE: Lagos State Consent