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...
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...
There’s a conversation happening across Lagos right now in many group chats, at family dinners, and in offices as well, and it goes something like this: “My mates are already buying property. Am I late?” You are not late. But you are right that something is shifting. Nigerian women are entering the real estate market...
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 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
|
3 Months
|
6 Months
|
|---|---|---|---|
|
Initial Deposit
|
₦118,000,000
|
₦50,000,000
|
₦50,000,000
|
|
1st Payment
|
|
₦24,000,000
|
₦12,000,000
|
|
2nd Payment
|
|
₦23,000,000
|
₦12,000,000
|
|
3rd Payment
|
|
₦23,000,000
|
₦17,000,000
|
|
4th Payment
|
|
|
₦12,000,000
|
|
5th Payment
|
|
|
₦12,000,000
|
|
6th Payment
|
|
|
₦12,000,000
|
|
TOTAL
|
₦118,000,000
|
₦120,000,000
|
₦122,000,000
|
|
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
|
