Tenancy disputes are common in Nigeria. Misunderstandings over rent, deposits, maintenance, or lease terms can sour the renting experience. But they are preventable. Here’s how to avoid them: Clear agreements: Ensure your lease clearly states rent, duration, maintenance responsibilities, and penalties. Document everything: Always get receipts and written confirmations for payments. Verify landlord/developer legitimacy: Avoid...
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....
First-time buyers often enter the Nigerian real estate market with enthusiasm—but that enthusiasm can attract opportunistic agents. Many are overcharged, misled about unit size, or promised amenities that never materialize. To avoid this: Do your research: Compare market prices in your preferred area. Understanding typical costs gives you leverage. Verify the developer: Check past projects,...
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 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 Real estate in Lagos isn’t getting cheaper; the prices can feel out of reach, especially if you’re a first-time investor still finding your financial footing. That’s where co-ownership comes in. If the idea of owning property seems out of reach due to high costs, co-ownership offers a smart alternative. WHAT IS CO-OWNERSHIP Co-ownership simply...
|
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
|
