Getting a building plan approval in Lagos Nigeria is an important part of the housing construction process and it requires hiring some professionals who can aid in getting the job done. Before we continue, let us mentally undress into minute details what the building plan is. A building plan is a drawing that shows how …
Continue reading “Part 1: Guide To Getting A Building Plan Approval In Lagos State”
It is common in the Nigerian real estate business that both the owner/landlord and the tenant prefer verbal agreement to legal paperwork. This has caused havoc as there is no proof of the agreement between both parties after negotiation. Before we go further to understand the right of a tenant and landlord, let’s identify the …
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Recent statistics of the Nigerian real estate market have shown that most people prefer to rent a house than to buy. However, house rents differ from location to location. Most Nigerians believed that they do not have the capacity to buy their dream homes because they believe buying a house requires a lot of millions …
Landed property in Nigeria is of two classifications which can either be free from the government or acquired. For land to be free from government acquisition, it means the government has no interest in the land and such land is safe to invest in. On the other hand, land that is classified as acquired means …
Continue reading “What Everyone Ought To Know About Land Classifications In Nigeria.”
Buying your first home is one of the biggest financial decisions you will make as a first-time homebuyer. Most of us want a home that best befits our family not knowing that they are other considerations that need to be put into consideration. It is pretty cool to consider a property that will specifically suit …
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A survey plan is another property document that is important for every property transaction. It gives an accurate measurement of a parcel of land and also describes it. The survey plan is just like a map of a property as it spells out the location where a particular property is located. As far as Nigeria …
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Our previous post analyzed how mortgage loans can be secured in Nigeria, what is required to secure one, and the list of mortgage institutions to consider. However, securing your dream house with a mortgage can be quite difficult. This article will educate you on processes on how to buy a house with a mortgage in …
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What Is Mortgage: A mortgage is a loan provided by a bank or mortgage institution that enables an individual to purchase a property. Mortgages allow home buyers to pay for houses in installments. Despite that, the problem is they are not readily available to home buyers. An analysis of how mortgage works are that a …
Short let apartment describes fully furnished luxury apartments that are rented for a short period of time, usually by the months or weeks. Despite the fact that investors have seen it as one of the quick ways to get rich in real estate, some people are not aware that such an apartment exists. Short let …
Continue reading “Why Having A Short Let Apartment In Lagos Is Best Investment”
Honestly speaking, before one can buy a plot of land in Lagos can be very scary at times and this is due to the fact that investors are afraid of the fear of failure of investing with the wrong people. This is why it’s pretty good to always carry out the due diligence before buying …
Continue reading “Steps You Should Know On How To buy Land In Lagos”
