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Real Estate Archives - Page 2 of 5 - Flinx Realty Ltd.

What makes an apartment a good investment in Lagos Mainland compared to the Island?

When it comes to apartment investments in Lagos, location matters. While Lagos Island is well-known, the Mainland offers unique opportunities for high returns with lower risk. Key factors making Mainland apartments attractive: Affordability: Prices are generally lower than on the mainland, meaning investors can access larger units or multiple properties. Growth potential: Areas like Ikeja,...

Why do some apartments have delayed handovers, and how can buyers avoid this?

Delayed handovers are a major pain for Nigerian property buyers. Many apartments are delivered months—sometimes years—late, often due to poor planning, lack of funds, or mismanaged construction. How to avoid being stuck in a delayed handover: Check the developer’s track record: Companies that consistently deliver projects on time are more reliable. Verify project funding and...

How can Nigerians avoid tenancy disputes when renting an apartment?

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...

What should investors know about buying apartments off-plan in Nigeria?

Buying apartments off-plan—before construction is complete—can be a smart investment. But it comes with risks if not handled correctly. Many buyers in Nigeria have been misled by delayed projects, unclear timelines, or developers who lack credibility. Here’s what investors need to know: Track record matters: Only work with developers who have delivered projects on time....

How can I confirm that the property developer building an apartment is trustworthy?

Trust in a developer is the cornerstone of safe real estate investment. But how do you separate legitimate companies from opportunists? Key indicators include: Track record: Past completed projects that were delivered on time. Transparency: Open access to project plans, progress reports, and financial management. Insurance and trusteeship: Funds and properties should be protected. Legal...

Why do many Nigerians lose money through fake apartment listings, and how can this be prevented?

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...

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...

Why are apartments in Lagos so expensive, and how can I find one that gives real value for money?

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...

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Payment Plan | One Bedroom Apartment

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 | Studio Apartment

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 | One Bedroom Apartment

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

Reserve A Unit

Reserve your Unit Form (#23)

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
₦17,000,000
TOTAL
₦95,000,000
₦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