Author - Esther kukoyi

Mortgage in Nigeria: Is it right for you?
How To Make ₦10M Per Deal In Real Estate Business In Nigeria
10 interior design ideas you can do in a weekend
Must have documents when buying land in Nigeria
What to know before buying land in Nigeria.
5 important things to consider before renting an apartment in Nigeria

Mortgage in Nigeria: Is it right for you?

A mortgage is a loan from a bank or a financial institution that helps the borrower purchase a house. A mortgage is secured by the home itself, so if the borrower defaults on the loan, the bank can sell the home and recoup its losses. Mortgage payments are usually monthly and consist of four components: principal, interest, taxes and insurance. Mortgages are a good method of investment especially if you are an employee with good income who can easily afford to keep up with the monthly payments. Also, to ensure that you profit from the arrangement, you have to be smart. For instance, you may choose to have tenants who will pay rent that can also be used to offset the payment greatly.



Before getting a mortgage, the borrower agrees to certain terms and conditions. These specify how long she has to pay the mortgage back, which can span decades, and how much she has to pay each year as well as what she’s required to pay at signing, which is a percentage of the home’s cost called Read More

How To Make ₦10M Per Deal In Real Estate Business In Nigeria

If there is any business in Nigeria that is truly lucrative and extremely profitable, it has to be Real Estate business in Nigeria. Most of the top billionaires in Nigeria are real estate investors. The business is a money spinner to the highest level. Real Estate is currently booming in Nigeria and people are making millions in it. Today, we want to take a closer look at the business and see how you can invest in this sector of the economy (irrespective of how much you have) and make serious profit.

One thing very good about real estate business in Nigeria is that the investment opportunity is so diverse that there seem to be something for everyone. Anyone who wish to invest can invest whether he has thousands or billions of naira, you can even invest without a dime in your pocket. Let us see how it works.

Profit Potential in Real Estate Business

Before we proceed, we want to look at the profit potential in real estate business in Nigeria. I bought a plot of land in Ikorodu area of Lagos State in 2011 where I had wanted to develop for small hotel. I paid ₦500,000 for the land excluding some minor egunje to the boys.

In 2013, I changed my mind and decided to sell it. When I asked the estate agents how much property was going in that area, they told me the current price as at then was two million naira. And that my own which is very close to the main road will go for between 2.5 to 3 million naira. If I had bought five plots that was offered to me for 2.5 million then, I would have made ₦10,000,000 from that single transaction!

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10 interior design ideas you can do in a weekend

When doing interior design it is necessary to think of the house as a totality; a series of spaces linked together by halls and stairways. It is therefore appropriate that a common style and theme runs throughout. This is not to say that all interior design elements should be the same but they should work together and complement each other to strengthen the whole composition. A way to create this theme or storyline is with the well considered use of color. Color schemes in general are a great way to unify a collection of spaces. For example, you might pick three or four colors and use them in varying shades throughout the house

Successful architecture and interior design projects aren’t based purely on creativity, although that’s a very important part of it. Here are some basic DIY projects that you can try over the weekend to create a beautiful look for your home.

Do Up Your Room in 3 Colors

Shades of Brown and White Used in this Room

A room in one or two colors appears to be monotonous and boring. It is always wise to go with three shades. Although one featured wall is enough to remove your attention from anything else. Yet, choosing a combination of 3 shades can give your rooms a whole new look. One color for the walls, second one for larger items like chairs and couches, and finally, one color for the knick-knacks like cushions and flowers. Even if you wish to use one color like white or brown, the room must be done in different shades of the same color.


Make One of the Walls Unique

One Unique Blue Wall in the Room

Painting a bold and bright pattern on one wall of your room has the power to create a statement. The use of geometrical decal or stick-on flower and stars are also some of the great DIY interior decoration ideas to remove the attention of others from the rest of your home decorations. Always remember, when one wall is being enhanced, the other walls must be done in lighter toned-down shades.

Big Furniture Pieces with Covered Legs

People often try to accommodate several small things in a room like leggy tables, leggy chairs, and many other trifles. With such an idea, you will just end up cluttering your home. So, it is always better to opt for skirted club chairs where the legs are not visible, a large sofa, and maybe a sleek arm-chair if there’s space left in the room. This is just one of the DIY interior decoration ideas to let you understand how you should make your room appear balanced with a right mix of furniture size and style.


Addition of Flowers and Natural Items

Natural Plants and Cacti in the Rooms

Natural flowers and plants add positivity and a fresh touch to your home. Try to add live plants and floral arrangements in every room for that final layer of perfection while doing up your interiors. There are many easy-care plants available that last for a long time if watered and fed properly. But, if you are still worried and looking for some other option than flowers and plants then, try the natural items like feathers or twigs in an urn. You may also use a large rock or shell vases.


Use of Baskets, Bowls, and Trays

Baskets, Pots, Bowls, And Trays are Useful Additions

If you wish to arrange your everyday items in form of an art and also make your home look good, try using more of decorative bowls, trays, and baskets. It helps to keep the loose items or collections in one place. With the use of woven baskets, you can give a rustic touch to your home and also hide the clutter and small things lying around in your home. For addition of some glamour and charm, add a flashy gold tray on the side table, ottoman or coffee table. Placing a few colored stones in the tray or a pretty candle can be an icing on the cake. Such items might seem too small to consider, but they add to the artistic and visual appeal.


Addition of Rugs in Your Room

A Brightly Colored Rug at Home

Traditional, rustic, or boho, whichever it be, the rugs can promptly transform the entire aesthetics of the rooms. Try using layered rugs in different textures and colors. It adds to the visual appeal of the room and enhances the cozy atmosphere.

Re-Arrangement of Your Bookshelf

Bright Color Coordinated Bookshelf

Books lined up on the shelf can look monotonous. To break the tedium, you can re-arrange the book’s color, coordinatedly or add accessories or décor accents like sculpture or trays or vases. Color coordinated books appear to be organized and if they are bright in colors, the bookshelf area looks more unique and stands out from the rest of the room. Adding a chair or bench with a cushion or pillow can make it a small study corner.


Incorporate Small Changes from Time to Time

Bamboo Window Shades Looks Great at Home
Changing the window shades, cushion covers, curtains or some smaller things like plants or bowls from time to time can remove the monotony in a room. People get bored out of seeing the same things again and again. Adding some metallic colors or swapping the fabric window shades to a different texture like bamboo can be a welcome change and great DIY interior decoration ideas.

Try to use the above-mentioned home décor tips to give your place a complete makeover. There are several DIY interior decoration ideas that can add a sense of style and comfort to your home. Remember that it’s your home and you will be living in it with your loved ones. So, use your own styles and preferences with the help of some of the ideas above to decorate your home.

Credit: Designer daily, Nigeria property forum

Must have documents when buying land in Nigeria

Buying land in Nigeria is one of the common property law transactions, which is administered by various legislation depending on the jurisdiction in Nigeria. Conveyance, as it is known, is the process by which ownership of land is transferred between a seller and a buyer. This can include both residential and commercial land transactions.

Thus the most common way of proving ownership of a land is the production of a document of grant or title. This method entails providing any of the following document; Deed of Assignment/ conveyance, a Deed of gift, a legal Mortgage, and a Certificate of Occupancy. As such it is important that a person intending to buy a land must make sure to instruct his lawyer to perfect the title of the land or property.


During the process of purchasing a land, there a number of crucial documents required from the seller in order to effectively validate the transaction. These documents are necessary as they are evident of title which the buyer possesses in relation to the land. It is important to note that there are different types of land documents in Nigeria. These documents include: Read More

What to know before buying land in Nigeria.

When purchasing land or property in Nigeria, a prospective purchaser of any property (or normally his solicitor) should have two main concerns:

First, he or she must be sure that the vendor of the property is really entitled to sell it. Thus, the buyer must first insist that the vendor proves that his legal title to the land is good and that he can pass to the purchaser the land/ property which he is offering to sell.

Secondly, the purchaser will want to know whether any third parties have rights to the land which might interfere with his intended use of it. These third-party rights might include covenants restricting usage, a right of way, tree preservation order, or even mortgages.

Concerns about these matters will lead the purchaser or his representatives, to make extensive inquiries before the purchase of the property is finally concluded.

There are however many factors one needs to consider before buying a land in Nigeria these ranges from:

i. The size of the land,
ii. The soil type,
iii. The location of the land which is very important,
iv. The purpose which the land will be used for,
v. Accessibility of such land i.e proximity to access road,
vi. The price of the land,
vii. The legal papers available in respect of the land,
viii. The environment, as well as the security conditions of the area, should be well evaluated before engaging in such a transaction.
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5 important things to consider before renting an apartment in Nigeria

The dream of many Nigerians is to rent or buy an apartment of their dreams. Moving to a new apartment can be very exciting, but finding a good one to rent could be a daunting task. There are things you should consider before the big step, so here are our five picks to make sure you’re prepared before you sign your name on that contract.

We’ve all been in the situation where we view an apartment highly recommended by an agent or agents and the first feeling is; Wow! What euphoria! The search for accommodation is over. Once your eyes set on it, you can already imagine yourself living quite comfortably in it, especially if you’d been shown less comfortable or utterly awful apartments.

I bet you’re certain you’ve hit the jackpot. This is the ONE! you tell yourself, but wait! Before you deposit that advance/holding fee: pause, assess the property and ask your agent the questions below. If possible, you may create a checklist before you leave to meet the agent to ensure you cover all bases.

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