The Lagos government says it has put in place N5 billion to kickstart the state's monthly tenancy scheme in January 2022. Raiu Olowo, the commissioner for finance, disclosed this on Wednesday December 8th, 2021, during a panel discussion at the Lagos real estate market place conference and exhibition, held in Lagos. The two-day event, organised by the Lagos State Real Estate Regulatory Authority...
A competent property management company in Nigeria can add significant value to your investment, which is why many seasoned real estate investors will tell you that a good management company is worth their weight in gold. Here are a few ways that a good property manager earns their keep. ARE YOU A PROPERTY OWNER? WE WILL HELP YOU MANAGE YOUR TENANTS. SUBSCRIBE FOR PROPERTY MANAGEMENT SOLUTION TO GET...
The world is changing, things that seem unattainable have been achieved, there is a new world order. Electric cars are gradually replacing gas cars, digital currencies are slowly replacing fiat currency, and smart homes are replacing contemporary homes. In today’s fast-paced world, it is evident that technology is an essential part of our daily lives, and it continues to evolve to add convenience...
Land Sizes In Nigeria. Then what is the size of a plot of land? What is that in square metres? How does a plot compare with an acre or a hectare? These are questions often asked by Nigerian real estate buyers and sellers: to which you get a variety of different answers depending on who you ask. Various terms are currently in use across Nigeria to denote or measure the size of land or property. It...
Thinking on how to grow your investment portfolio? In the last two years, serviced apartments and short let homes have gained popularity in the Nigerian real estate market. This is because the new trend has made it easy for people to rent comfortable apartments for their night-outs and vacations and also made it possible for homeowners to earn higher rental income in Nigeria on their apartments by charging...
How To Make Money In Real Estate in Nigeria is one of the keyword/key phrase on google that people search for. Real estate investing in Nigeria is one of the major ways that investors create steady income streams. Although, just as there are countless ways for you to make money and build a financial cushion for yourself, there are several loopholes that can limit how much money you make when you invest in...
Real estate investment in Nigeria is a traditional and cultural investment option that many Nigerians have continued to adopt till date. In today’s world, It is not uncommon to see real estate as part of an average Nigerian’s investment goals. Speaking of goals, we will be walking you through various steps on how to set and achieve your real estate investment goals in Nigeria this year. We can...
One of the oldest real estate investment strategies in Nigeria is FIX AND FLIP. Fix and Flip is a strategy that allows you to buy a dilapidated or old property, usually a house or shopping complex, at a lower price and sell that same property at a higher price after renovation. This strategy is commonly practiced by the older generation of real estate investors, and it is a widespread practice across many...
As a traveller, there is a very high probability of staying in a short let apartment or hearing about short-stay homes in the past. You ever wondered how AirBnB became a well-known organization for many international travellers? The answer is quite simple. They had a unique business model that connected homeowners in different cities to individuals and travellers that need a home for a short...
