There Was a Specific Gap In 2020, the Lagos Mainland residential market had a clear structural problem. Demand was enormous. More than two-thirds of Lagos’s residential market demand is mainland-anchored. But the supply of quality, developer-built, properly titled residential housing in neighborhoods like Yaba and Surulere was not keeping pace. The island had developers. The...
The Promise Problem in Lagos Real Estate Anyone who has been in the Lagos property market long enough has a story. A development that was supposed to be ready in 18 months and took 4 years. A developer who disappeared after collecting deposits. A building completed with inferior materials because costs were cut where buyers...
Yaba has always been that location, even when the colonial masters first came to Nigeria. If you have not been paying attention to the Yaba and Surulere corridor in recent times, you have definitely missed something important. The neighborhood that Lagos dismissed as too busy, too old, and too commercial is quietly becoming one of...
In a market filled with promises, consistent delivery is becoming the true differentiator. The Lagos real estate market is not short of developers. What it’s short of is delivery. Every year, new projects are announced. Beautiful renders. Confident projections. Attractive offers. For many investors and homebuyers, the experience often ends the same way: delays, uncertainty,...
There’s a question we keep coming back to at Flinx Realty. Not “What can we build?” or “Where should we build next?” but “Why are we building” and “Who are we building for?” Because when you answer that question honestly, everything else falls into place: the location, the product, the price point, and the kind...
When people ask us about investing in real estate, the first thing we hear isn’t excitement. It’s hesitation and caution And honestly? We understand it. This market has handed enough people bad experiences and projects that launched with beautiful renders on paper and socials and vanished six months later; developers who stopped picking up calls...
You’ve been thinking about it for a while. You might have started with a fleeting thought, “I should buy something back home.” You might have progressed to a thought process on saving up for it. You might have progressed to watching YouTube and Instagram videos on properties. You might have progressed to a friend in...
In every economy, a few assets consistently outlast trends, currencies, and even generations. Real estate sits firmly at the top of that list, but in Nigerian real estate, the case is even stronger. Real estate has built generational wealth from some of the popular names we know today. Between rapid urbanization, diaspora capital inflows, and...
There’s a question that used to dominate every real estate conversation. “What can I buy?” “Where am I buying?” It made sense for a while when the market was still rising and supply was a bit tighter. You bought something, in fact anything, and time did the rest. The strategy wasn’t complicated. It was just...
There’s a quiet mistake a lot of real estate buyers make, and it rarely feels like a mistake in the moment. It starts with hesitation. “I’ll wait till it’s completed.” “I’ll buy when it’s clearer.” “I just want to see how it plays out.” On the surface, it sounds like a wise and measured idea,...
|
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
|
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
|
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
|
