HomeReal Estate

Real Estate

  • Real Estate Bargain Shopping: How to find good deals

    • September 11, 2020
    • Posted by: admin
    • Category: Funding trends, Innovation, International, Investment, Real Estate
    No Comments

    Real estate investors, along with the rest of society, are what you may consider conscious consumers. Every time a truly good deal presents itself, investors would be hard pressed to pass it up. After all, a real estate bargain presents the perfect opportunity to maximize profits. The cheaper you can acquire a property, the more attractive the

    read more

  • Real Estate Professionals Urge FG to Rescind Action on New Stamp Duty Charge

    • September 6, 2020
    • Posted by: admin
    • Category: Investment, Real Estate
    No Comments

    As the debate on the new stamp duty charge on house rent and C-of-O by the federal inland revenue service (FIRS) rages, estate surveyors and valuers have lent their voice to the debate, urging the federal government to rescind action on the new tax. The real estate professionals under the aegis of Nigerian Institution of

    read more

  • Lagos Plans new Housing Scheme for Young Professionals

    • August 22, 2020
    • Posted by: admin
    • Category: Funding trends, Innovation, Investment, Real Estate
    No Comments

    Better days may be in the offing for young professionals in Lagos as the state government is planning a new homeownership scheme to solve their peculiar housing challenges. The scheme christened “HOME4MORE”, targets young professionals with the aim of giving them a good start in life. It was learnt that the scheme would be channelled

    read more

  • Winning The Real Estate Off-Plan Game

    • August 9, 2020
    • Posted by: admin
    • Category: Investment, Real Estate
    No Comments

    “Why do developers need our money to build?” someone once asked. While this question is from a Nigerian, it could originate from anyone curious to know about how some delicate, yet profitable, aspects of real estate investment work. Not everyone entering the real estate investment ecosystem fully understands what is obtainable – the intricacies, changes,

    read more

  • Stamp Duty: Landlords Don’t Need to Increase Rent, Says FIRS

    • August 1, 2020
    • Posted by: admin
    • Category: Business plans, Economics, Finance & accounting, Funding trends, Investment, Real Estate
    No Comments

    The Federal Inland Revenue Service (FIRS) has explained that there is no basis for landlords to embark on rent increment in relation to the stamp duty payable on tenancy and lease agreement by tenants in the country. FIRS had, about a week ago, mandated landlords and property agents to charge six per cent stamp duty on all tenancy and

    read more

  • Building Collapse in Nigeria: 7 Early Warning Signs

    • July 25, 2020
    • Posted by: admin
    • Category: Business plans, Real Estate
    No Comments

    There are quite a number of reasons why a building collapse could happen. It could be as a result of an act of terrorism, a structural failure or natural disasters like an earthquake, hurricane, flooding, landslide, tornado or a mudslide. Nigeria has suffered its share of building collapse in the past with several cases of

    read more

  • Nigeria luxury real estate slumps amid coronavirus crisis

    • July 3, 2020
    • Posted by: admin
    • Category: Business plans, Economics, Finance & accounting, International, Investment, Real Estate
    No Comments

    As the downturn from coronavirus pandemic squeezes the economy, higher-end and luxury real estate markets have become the hardest hit, as premium apartments property owners record lowest sales in major cities. In the past five years, high vacancy rate has existed in the luxury segment of the market, especially in Abuja, Lagos and Port Harcourt,

    read more

  • The Outlook For A Post-Pandemic Future In Property Management

    • June 29, 2020
    • Posted by: admin
    • Category: Real Estate
    No Comments

    Back in March of this year, property managers across the country quickly pivoted strategies to address Covid-19 head-on. They implemented new policies, revised safety procedures for residents and staff, shifted a bulk of associates to remote working models and dealt with managing resident queries and concerns over monthly rent payments. It was a month unlike

    read more

  • What does it take to become a Landlord?

    • June 19, 2020
    • Posted by: admin
    • Category: Business plans, Finance & accounting, Investment, Real Estate
    No Comments

    Landlords don’t just collect rent checks. Successful landlords must understand the law, negotiate different personalities, and adapt to various problems that can pop up at any time. Here are six things every potential landlord should consider before taking a launch.   Being a landlord is not a 9 to 5  job structure Landlords don’t punch

    read more

  • Lagos state government discloses portal to restrain fraudulent activities in the real estate business.

    • June 12, 2020
    • Posted by: admin
    • Category: Innovation, Real Estate
    No Comments

    In a bid to sanitize the real estate sector, the Lagos state government has made it mandatory for practitioners like house agents, property developers and professionals in the real estate sector to register with the state. This was announced via Lagos State’s Twitter handle, @followlasg. Speaking during the launch of the website on Thursday at

    read more