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Real Estate News Archives - Flinx Realty Ltd.

THE COST OF WAITING: HOW PROPERTY PRICES ARE RISING ON LAGOS MAINLAND

INTRODUCTION Many investors believe that the real appreciation curve existed only on the Island. But with changing market realities, infrastructure upgrades, and an exploding demand for quality rental housing, the Lagos Mainland has proven itself to be one of the fastest-growing and most underestimated investment zones in the city. And in a market evolving this...

INVESTOR CONFIDENCE ON THE MAINLAND: HOW FLINX’S TRACK RECORD REDUCES RISK

INTRODUCTION For years, the Lagos Mainland has been perceived through a narrow lens, often overshadowed by the glamour of the island and misunderstood by new or foreign investors. Yet, anyone paying attention to the real numbers, the actual demand patterns, and the consistent rental performance across core Mainland districts knows a different truth: Lagos Mainland...

How can first-time apartment buyers avoid being overcharged or misled by agents?

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,...

What should a tenant or buyer always check before paying for an apartment in Lagos or Abuja?

Making a payment for an apartment in Lagos or Abuja is a major decision. Without proper checks, it can lead to regret or even financial loss. Here’s what every tenant or buyer should confirm: Verified ownership or development: Ensure the property is legally owned or developed by a trusted company. Building approvals: Ask for permits...

What are the biggest red flags Nigerians should look out for when searching for an apartment to rent or buy?

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...

THE RENTERS GENERATION: WHY YOUNG NIGERIANS PREFER RENTING AND HOW INVESTORS CAN PROFIT

INTRODUCTION For a long time, the Nigerian dream was simple: work hard, buy land, and build a home, but that dream is evolving. Across Lagos, Abuja, and other major cities, a new demographic is reshaping the real estate market, young Nigerians who prefer renting to owning. They are ambitious, mobile, tech-driven, and less interested in...

THE RIPPLE EFFECT: HOW UNIVERSITIES AND TECH HUBS DRIVE RENTAL DEMAND

INTRODUCTION In real estate, one rule remains constant, people rent where life happens. And in Nigeria’s urban centers, life increasingly happens around universities and tech hubs. These two ecosystems: academic and innovation have quietly become the strongest forces shaping rental demand, especially on the Lagos Mainland. 1. The Silent Power of Proximity Students need housing...

DIGITAL TOOLS CHANGING REAL ESTATE IN NIGERIA: FROM PROPTECH TO SMART TRACKING

INTRODUCTION The real estate landscape in Nigeria is undergoing a quiet revolution, one powered not by bricks and cement alone, but by code, data, and smart technology. From the moment a property is conceptualised to the day keys are handed over, digital tools are transforming how developers and investors engage with real estate. At Flinx...

3 Real Estate Trends to Watch in Lagos this July (Including Prop-tech)

Introduction If you are an investor and wish to buy or sell your property in Lagos, July will be the most advantageous month for you. This is because there are currently three main trends driving transformational activities within the real estate sector. Therefore, if you want to succeed as a seller or buyer, then staying...

Top 5 Neighborhoods to Watch in Lagos, Nigeria

Introduction As Nigeria’s commercial capital, Lagos continues to lead the country’s real estate evolution with a mix of cultural vibrancy, infrastructure expansion, and increasing demand from homebuyers and investors. With rising property values and new projects reshaping the city’s landscape, the second half of 2025 presents strategic opportunities across several key neighborhoods. Whether you’re a...

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Payment Plan | One Bedroom Apartment

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
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TOTAL
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₦98,000,000

Payment Plan | Studio Apartment

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