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1
2016 Outlook on Lagos Housing Development
2
How To Avoid Fraudsters When Buying or Renting a Property
3
Richard’s Court, an Elegant Development in the Heart of Maryland
4
Things You Should Know Before Renting Your First Apartment
5
Lagos State Unveils Urban Development Projects for Megacity Initiative
6
Opulence and Elegance at G.C.C, Gbagada
7
Designing a Landscape That Will Increase Your Property Value
8
Unique Flooring Options From Around the World
9
Thinking of Getting a Mortgage In Nigeria? Important Things You Should Know
10
How to Buy and Sell a Home at the Same Time

2016 Outlook on Lagos Housing Development

The real estate industry across Nigeria in Q1 of 2016 has performed generally below market expectations. Some attribute this to the prevailing economic conditions in the country especially the continued fall of the Naira against the Dollar, the limitation on access to forex placed by the government and the yet-to-be signed 2016 budget.

Download the ReportNotwithstanding the gloomy result of Q1 2016, Lagos, due to its sheer size, demands and economic leverage, will experience growth in 2016.

In this report, prepared by Residential Actions Company (RAC), the author focused on the Lagos real estate market and put pieces together than can be of great use to the real estate investor.

Download the report here: Spotlight On Lagos Housing Development Market [PDF]

How To Avoid Fraudsters When Buying or Renting a Property

Fraudsters are everywhere. They have been in virtually all field of human endeavour since Adam. The goal isn’t to retire them from their stock in trade. It isn’t to get rid of them in the real estate sector either. The goal is to arm as many as possible with information that will put them on the safe side. To put them in the know of the tell-tale signs they should be on the lookout for whenever they want to buy or rent a property. So how can you avoid fraudsters when buying or renting a property?

Do Your Due Diligence

The world has gone digital. Most estate agents now have websites. Property websites like Hutbay make finding an agent and knowing more about each of them a breeze. With few clicks, the legitimacy of a broker can be easily verified. All thanks to technology. Read More

Richard’s Court, an Elegant Development in the Heart of Maryland

There are a number of luxurious apartments around Lagos, but their prices can be very expensive, far above what most middle class can afford. The property location is also important. Richards Court, a new development in Mende Maryland, Lagos, however, is an exception. It is a luxurious apartment, located in one of the most developed areas in Lagos and it is quiet affordable.

Developed by Richards Brainsworth Limited, one of the most prolific developers in Lagos. Richards Court is a fantastic and competitive piece of modern building. It is a gated and fully-serviced residential estate with all the features and amenities you would expect from a standard estate. Read More

Things You Should Know Before Renting Your First Apartment

So, you are finally ready to rent your very first apartment? You feel you are now ready to take on that responsibility? This will make you earn the respect of many, especially your friends who are still putting up with friends, colleagues or staying with relatives or parents and come across as mature to all. Before donning this maturity, here are a few things you need to know about renting your first apartment:

All Landlords Are Not The Same

As humans, we come in different shapes, sizes, complexion, and temperaments. As our faces are different, so are our character, personalities and biases. The fact that you’ve seen brash and uncompassionate landlords doesn’t mean all landlords are brash and uncompassionate. Read More

Lagos State Unveils Urban Development Projects for Megacity Initiative

In a communique released on March 15th 2016, the Lagos State Government (LASG) unveiled plans to partner with suitable entities on a Public Private Partnership basis for the development of shopping malls, hotels, recreation parks, Zoos, theme parks and residential apartments. The LASG requested that entities with track record express interest in specific sites across the city, which are now available for development.

The effort is part of a Megacity Initiative where Lagos State is pushing to provide infrastructure and facilities that will enable the city cope with its large population. Read More

Opulence and Elegance at G.C.C, Gbagada

There is a new development in downtown Gbagada, Lagos. It’s being developed by Godmade Group and the development is aptly named Godmade Connect Courts (GCC). Located at Alhaja Ganiyat Daodu Street, Harmony Estate, Ifako, Gbagada, the developer said it is a first of its kind in the sense that it is a gated community within a gated community.

Gbagada is noted for its tranquil middle-class lifestyle. The Godmade Group have taken it upon themselves to create luxurious communal living while still holding its lavish and cozy feel by using the highest quality Italian and Spanish materials, keeping in mind the need for environmental preservation and restoration, all at an affordable price. Read More

Designing a Landscape That Will Increase Your Property Value

When it comes to increasing property value, landscaping is one of the easiest ways to get the most bang for your buck.

The main advantage of landscaping is curb appeal. When it comes time to sell your home, curb appeal will help catch the attention of buyers. Everyone wants to buy a cute home with an established landscape. Few people are likely to see a drab home as a “diamond in the rough” worth investing in. Read More

Unique Flooring Options From Around the World

Looking for some truly fresh and unique flooring options for your home? Take a look at these thoroughly artistic floors, which all put an attractive twist on common flooring materials or use materials you’ve never seen on a floor before.

Roman Tile Floor

During the golden age of Rome, the most lavish homes boasted floors that were a true work of art. Tiny colored tiles were laid out with painstaking care to create beautiful mosaics. Geometric patterns were common, but so were animal motifs. Some Romans even had the luxury of heated floors! Read More

Thinking of Getting a Mortgage In Nigeria? Important Things You Should Know

Housing delivery system in Nigeria is a combination of many interrelated components which include land, infrastructure, building materials, policies, building regulations and more importantly the finance component. Finance in housing delivery is very important because of the huge financial requirement for housing production. Many researches have been conducted along this line by scholars in the building industry and suggestions were made on the need to strengthen the cooperative housing system in Nigeria in order to ameliorate problem of housing finance. Read More

How to Buy and Sell a Home at the Same Time

Culled from Realtor.com

Ah, to be a first-time home buyer again: How easy it was to buy a home when you weren’t carrying another mortgage on your back!

If you’re looking to graduate from first-timer to repeat buyer, you know things are about to get much trickier. Unless you’re a bona fide house collector, you’ll have to sell your home in order to buy anew—adding a whole separate layer of anxiety to what you already know is a stressful home-buying process.

In an ideal world, you’d buy a new home, move, and then, and when all the dust settles, deal with the turmoil of selling. But for most people, that’s totally unrealistic. Not only does it cost significantly more, since you’ll be paying two mortgages, but sellers might be quick to judge if you’re holding on to your current home. Read More

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