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...
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 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 day between when an investor commits to a project and when they receive their keys carries both anticipation and opportunity cost. That’s why, for us, fast delivery isn’t just bragging rights; it’s a promise. In an industry where project delays are almost expected, Flinx has taken a different path. We’ve built systems, teams,...
When it comes to buying property in Lagos or renting, most people focus only on the advertised price. The reality is that beyond rent or purchase cost, there are hidden expenses that can quickly eat into your budget. Understanding these hidden costs upfront will save you from financial surprises and ensure your real estate investment...
Introduction Let’s be honest; having money in Nigeria feels like trying to hold water with your hands. No matter how hard you try, the value just keeps dripping away and slipping away, all thanks to inflation. Even your go-to lunch spot doesn’t give you the same quantity anymore. Meanwhile, that money you’ve been stacking? Quietly...
Everywhere you turn these days, from WhatsApp groups to Twitter threads, someone is talking about investments. While one person is bragging about buying Tesla shares on Risevest, another is showing off a plot of land they just secured in Surulere. So, let’s break it down: Should young Nigerians, especially Gen Z, invest in real estate...
A New Generation, A New Kind of Investor The first time I wanted to get into primary was in 1996, and I couldn’t get in. Guess why not… because my right hand couldn’t go over my head to my left ear. I was denied education. I had to go back home for another year. Not...
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...
Introduction In recent years, off-plan properties in Nigeria have become one of the hottest trends in the country’s real estate sector. From smart investors to aspiring homeowners, more people are choosing to buy property before it’s built, and for good reason. If you’re thinking about real estate investment in Nigeria, here’s why off-plan deals are...
|
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
|
