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Flinx Realty, Author at Flinx Realty Ltd.

Co-Ownership in Nigerian Real Estate: What It Is, How It Works, and Whether It’s Right for You

Owning property in Lagos on your own has never been harder or more expensive. Studio apartments on the mainland now start from ₦37 million; construction costs have surged over 300% since 2019, and mortgage rates hover between 20–30% per year. For many Nigerians at home and in the diaspora, waiting until you can afford it...

What Infrastructure Is Actually Doing to Real Estate Prices on the Mainland

Roads, rail, and government spending are quietly repricing neighborhoods in Lagos Mainland, and most buyers are still sleeping on it. There is a version of this conversation that happens every few years in Lagos. When someone mentions mainland neighborhoods like Yaba, Surulere, Ogudu, or even Gbagada, and then another person says, “That place? It’s been...

Sheffield Residences: What It Actually Feels Like to Buy a Home Before It’s Built

Nobody warns you about the silence between signing and handover. Here’s the truth about off-plan buying and why Sheffield Residence is worth the wait. Here’s what buying off-plan actually looks like. “Off-plan” means that you buy a property before construction starts or while construction is ongoing. A lot of buyers these days are scared to...

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Payment Plan | One Bedroom Apartment

Payment Plan
Outright
60 Days
4 Months
Initial Deposit
₦87,000,000
₦45,000,000
₦30,000,000
1st Payment
₦22,500,000
₦16,250,000
2nd Payment
₦22,500,000
₦16,250,000
3rd Payment
₦16,250,000
4th Payment
₦16,250,000
TOTAL
₦87,000,000
₦90,000,000
₦95,000,000

Payment Plan | Studio Apartment

Payment Plan
Outright
60 Days
4 Months
Initial Deposit
₦47,000,000
₦30,000,000
₦20,000,000
1st Payment
₦15,000,000
₦10,000,000
2nd Payment
₦10,000,000
₦10,000,000
3rd Payment
₦10,000,000
4th Payment
₦10,000,000
TOTAL
₦47,000,000
₦55,000,000
₦60,000,000

Payment Plan | One Bedroom Apartment

Payment Plan
Outright
6 Months
Initial Deposit
₦148,000,000
₦50,000,000
1st Payment
₦25,000,000
2nd Payment
₦20,000,000
3rd Payment
₦15,000,000
4th Payment
₦15,000,000
5th Payment
₦15,000,000
6th Payment
₦10,000,000
TOTAL
₦148,000,000
₦150,000,000

Payment Plan | Studio Apartment

Payment Plan
Outright
6 Months
Initial Deposit
₦63,000,000
₦20,000,000
1st Payment
₦7,500,000
2nd Payment
₦7,500,000
3rd Payment
₦7,500,000
4th Payment
₦7,500,000
5th Payment
₦7,500,000
6th Payment
₦7,500,000
TOTAL
₦63,000,000
₦65,000,000

Payment Plan | One Bedroom Apartment

Payment Plan
Outright
6 Months
Initial Deposit
₦103,000,000
₦30,000,000
1st Payment
₦12,500,000
2nd Payment
₦12,500,000
3rd Payment
₦12,500,000
4th Payment
₦12,500,000
5th Payment
₦12,500,000
6th Payment
₦12,500,000
TOTAL
₦103,000,000
₦105,000,000

Payment Plan | One Bedroom Apartment

Payment Plan
Outright
4 Months
Initial Deposit
₦95,000,000
₦30,000,000
1st Payment
₦17,000,000
2nd Payment
₦17,000,000
3rd Payment
₦17,000,000
4th Payment
₦17,000,000
TOTAL
₦95,000,000
₦98,000,000

Payment Plan | Studio Apartment

Payment Plan
Outright
4 Months
Initial Deposit
₦58,000,000
₦20,000,000
1st Payment
₦10,000,000
2nd Payment
₦10,000,000
3rd Payment
₦10,000,000
4th Payment
₦10,000,000
TOTAL
₦58,000,000
₦60,000,000