Getting Your Next Property? Get It Right.

Getting Your Next Property? Get It Right.

Getting a property (land or house) especially as a first-time home buyer at an ideal price seems too difficult to come by considering financing the purchase, as it’s well known that mortgage is relatively expensive at the moment. Owning a property is also speculative in nature, consciously or not, meaning buyers buy to resell in…

CAPPA & D’Alberto Mobilizes To Begin Construction Of Historical Project

CAPPA & D’Alberto Mobilizes To Begin Construction Of Historical Project

Nigeria’s most prestigious community and Lagos most heightened living, business, hospitality and recreation epicentre, The Oceanna kick-start its journey to its proposed delivery date within the First Quarter of 2020. Developed by Grenadines Homes, a member of the Palton Morgan Holdings, representing a luxury approach that suits varying tastes and preferences. The Oceanna consists of 4…

RENTING VS OWNING A HOME

RENTING VS OWNING A HOME

In this part of the world, there seems to be a preference for homeownership to rentals. To most, owning a home is one of the most important things to achieve before leaving the surface of the earth with marriage and childbirth topping the list. Some even go the extent of having it in their request to God. Not…

What is LAND BANKING?

What is LAND BANKING?

I just felt this should add to our knowledge and equip our Real Estate understanding in talking our clients. The name “Land Banking” implies almost exactly what it is. Rather than putting cash into a savings account (where it will earn a maximum of 1% interest every year) or the stock market (which has become…

Disruptive Property Investment: Buyback Scheme

Disruptive Property Investment: Buyback Scheme

In a bid to make Real Estate Investment more attractive and convenient for investors and first-time home buyers, Property Developers now offer yet another disruptive property investment- Buyback Investment Scheme Traditionally buybacks are commonly used in the stock market, whereby the company repurchase its outstanding shares to reduce the number of shares on the open…

DEED OF ASSIGNMENT, How Bankable Is It?

DEED OF ASSIGNMENT, How Bankable Is It?

In recent years, the real estate industry has experienced an impressive optimism from both local residents and from the diaspora; they’ve seen success stories on how property investment can grow to you a fortune especially in the big cities in Nigeria. The surge is also a credit to the emergence of lots of credible property…

Lagos Enacts New Land Use Charge

Lagos Enacts New Land Use Charge

Barely two weeks after the Lagos State Government announced the increase in the price of Land Use Charge (LUC), there has been a huge reaction from the public, mostly against. Less than a year ago the real estate industry also witnessed a 100%+ hike in prices of land survey making property ownership a fortune for…

STRONG SPECULATIVE POTENTIAL

STRONG SPECULATIVE POTENTIAL

Vacant land can also be an excellent speculative investment with significant appreciation potential. Land in emerging areas (in the pathway of infrastructure and population growth) have a very high potential to go from undesirable to desirable and this offers extremely high returns in the long term for investors willing to wait. This makes it a…