Ikate Elegushi, often referred to simply as "Ikate" is one of Lagos’s most prestigious residential hotspots. Once a quiet settlement of farming communities and traditional custodians like the Aworis, who traded fish, palmoil and other farm produce, Ikate has transformed into a sought-after middle-to-upper income enclave within one of Nigeria’s fastest-growing urban corridors . This area seamlessly...
When investing in property in Lagos, Do Your Due Diligence!!! 🛑Before purchasing any property particularly in areas like Lekki, Ajah, and Ikate, it's crucial to exercise caution and conduct thorough due diligence.One major pitfall to watch out for is purchasing a property that may be situated on a canal, drainage route, or government-marked waterway. These areas are often prone to flooding and may be...
Real estate is one of the most talked-about investment options in Nigeria, and It is a proven way to build wealth, preserve value, and create long-term income. But like every investment, real estate comes with both opportunities and challenges. Let’s break down the cons and pros of investing in real estate, and most importantly, show you how you can avoid the pitfalls and maximize your...
In Nigerian real estate, three letters often hold a god-like status in the minds of buyers: C of O, short for Certificate of Occupancy. To many, it’s the gold standard of land ownership, a shield against legal troubles, and the ultimate document of legitimacy. But what if I told you that while a C of O is important, it is not an absolute guarantee of safety for your real estate investment? Yes, you...
There’s a quiet shift happening in Lagos, one that could reshape who gets to call this city home. A recent report has revealed that over 40% of residential homes in Lagos are now owned by investors, not individual homeowners. That statistic may seem harmless at first glance, but if you're a first-time homebuyer, it holds a deeper message: the longer you wait, the harder it might become to own a home in...
The term “Buyer Beware” legally referred to as “Caveat Venditor” in the Nigerian real estate market, especially in a city like Lagos sounds like a cautionary whisper, but its implications are loud and real. For first-time buyers and seasoned investors alike, this phrase is a powerful reminder that the ultimate responsibility for a safe and secure property purchase rests heavily on the...
When people hear the term real estate agent, a variety of assumptions often come to mind. Some imagine slick-talking salespeople who only care about commissions. Others think agents are unnecessary in the age of online listings. But the truth is, real estate agents play a far more valuable and professional role than most realize. In the Real Estate market, every deal involves significant financial...
For many, the dream of homeownership begins with a big decision: Should I build my own house from scratch or buy one that’s already constructed? It’s a question that pops up in conversations between couples, financial planners, and even aspiring investors. On the surface, building a house seems like the ultimate way to create a space that is entirely yours, from layout to finishes. But as romantic...
You have heard it time and again that Real Estate Investing beyond being lucrative in terms of ROI when done correctly, but also happens to be one of the safest way to invest with a guaranteed hedge against inflation and currency devaluation. But then, not all properties are created equal. While some generate steady income and appreciate over time, others can become liabilities disguised as opportunities....
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