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...
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,...
Yaba has a population problem. Not too few people, too many people trying to live there with not enough quality housing to go around. That tension is exactly where Bradford Suites sits. Built for the new Lagos adult Bradford Suites is a residential development in Akoka, Yaba, and it was designed with one person in...
If you have been watching the Lagos Mainland real estate market, you already know the shift is happening. Yaba is no longer just a student district or a tech hub footnote it is one of the most strategically valuable residential corridors in the city. And Sheffield Residence, Flinx Realty’s latest off-plan development on Moore Road,...
The neighbourhood everyone underestimates and why smart investors are quietly moving in. While investors chase premium Island addresses with yields of just 3–5%, Yaba in Lagos Mainland’s original innovation district is quietly delivering gross rental yields of 6% to 9%, property appreciation of over 50% in the last five years, and some of the fastest...
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...
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...
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...
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...
|
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
|
