Making a payment for an apartment in Lagos or Abuja is a major decision. Without proper checks, it can lead to regret or even financial loss. Here’s what every tenant or buyer should confirm: Verified ownership or development: Ensure the property is legally owned or developed by a trusted company. Building approvals: Ask for permits...
Extra charges in Nigerian rentals are a common pain point. From hidden maintenance fees to “service charges” that suddenly appear after payment, renters often feel trapped. Why does this happen? Many landlords and agents exploit information asymmetry—the fact that tenants rarely know all the costs upfront. Some may also inflate prices subtly to offset building...
Online apartment listings can be deceptive. Fake photos, copied content, and misleading prices are rampant. But with careful checks, you can avoid being scammed. Step 1: Verify the developer or agent. A legitimate developer, like Flinx Realty, has a proven track record. Every project is documented, and units are tracked from blueprint to handover. Step...
Apartment hunting in Nigeria can be tricky. Many people fall prey to scams or incomplete deals. Knowing the red flags is essential. Some key warning signs include: Too-good-to-be-true prices Listings without clear documentation Developers or agents refusing to show the property physically Ambiguous payment structures or multiple upfront payments Lack of proper insurance or trusteeship...
If you’ve ever scrolled through listings for apartments in Lagos, you’ve probably paused at the prices and thought, “Why is this so expensive?” The truth is, Lagos is a high-demand city. Population growth, urbanization, and prime locations drive prices up. But expensive doesn’t always mean quality or security. Many apartments are overpriced because developers cater to...
Introduction For a long time, when people thought of premium living in Lagos, their minds instantly went to the Island: Ikoyi, Lekki, Victoria Island. But in recent years, a quiet shift has been taking shape. A new wave of development is proving that comfort, class, and convenience don’t have to come with a bridge crossing....
INTRODUCTION In an industry where promises are easy to make but hard to keep, delivery is everything. In Lagos real estate, trust isn’t built on billboards or brochures; it’s built on projects that stand tall, on investors who get exactly what they paid for, and on a developer whose results speak louder than its renderings....
INTRODUCTION Every year, as the streets of Lagos glow with Christmas lights and construction sites push to meet deadlines, something interesting happens in the property market: the tempo doubles. Developers, agents, and investors suddenly seem to be running a relay race against time. It’s called the year-end rush, and for anyone who understands the rhythm...
Introduction Every big investor starts small. In Lagos, where the real estate market can seem intimidating, many believe you need millions stacked up to own a property. But at Flinx Realty, we’ve watched a different story unfold, one where ordinary people turned modest savings into steady rental income. This is not a theory. It’s proof...
INTRODUCTION For a long time, the Nigerian dream was simple: work hard, buy land, and build a home, but that dream is evolving. Across Lagos, Abuja, and other major cities, a new demographic is reshaping the real estate market, young Nigerians who prefer renting to owning. They are ambitious, mobile, tech-driven, and less interested in...
|
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
|
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
|
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
|
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
|
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
|
