Hidden fees are one of the most frustrating aspects of the Nigerian real estate market. Buyers and renters often budget for the advertised price, only to discover extra charges after signing contracts. Common hidden fees include: Service charges: Often added without prior notice. Maintenance fees: Some developers fail to clearly communicate recurring costs. Agent fees:...
Buying off-plan means your apartment isn’t complete yet, which can create uncertainty. Knowing how to track progress is critical. Regular updates from the developer: Ask for timelines, progress photos, or virtual tours. Milestone reporting: Payments should correspond with construction milestones. Transparent platforms: Some developers offer dashboards or apps where you can monitor unit progress. Flinx...
Buying apartments off-plan—before construction is complete—can be a smart investment. But it comes with risks if not handled correctly. Many buyers in Nigeria have been misled by delayed projects, unclear timelines, or developers who lack credibility. Here’s what investors need to know: Track record matters: Only work with developers who have delivered projects on time....
Fake apartment listings are a major problem in Nigeria. From phony photos to copied content, scammers prey on uninformed buyers, often requesting upfront payments before disappearing. But these losses can be avoided. Here’s why it happens: Lack of verified platforms or credible listings Agents without accountability Buyers skipping verification for the sake of speed Preventing...
In Nigeria’s real estate market, documentation is everything. Without proper paperwork, buyers risk losing their investment or facing legal disputes. Knowing exactly what to ask for can save you months of stress. Here’s a checklist of essential documents every buyer should demand: Title documents or land certificate: Proof that the developer legally owns the land....
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...
Introduction As Nigeria’s commercial capital, Lagos continues to lead the country’s real estate evolution with a mix of cultural vibrancy, infrastructure expansion, and increasing demand from homebuyers and investors. With rising property values and new projects reshaping the city’s landscape, the second half of 2025 presents strategic opportunities across several key neighborhoods. Whether you’re a...
INTRODUCTION In a world where everything is going digital, it’s no surprise that real estate in Nigeria is getting a social media makeover. From short-let apartments in Lekki to newly built duplexes in Surulere, properties are no longer just being advertised; they are filmed and shared. And at the heart of this new wave is...
Introduction Entering the real estate market for the first time can feel overwhelming, especially in a dynamic and fast-changing environment like Nigeria’s. Whether you’re looking to buy your first home or make an investment, 2025 presents new opportunities and trends that every first-time buyer should be aware of. This guide highlights what’s shaping the market...
When it comes to owning property in Nigeria, one of the most confusing aspects for buyers and investors is the difference between leasehold and freehold ownership. Whether you’re a first-time buyer, a real estate investor, or just curious, understanding these two legal terms is crucial. In this post, we’ll break down the key differences between...
|
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
|
