JOE NIGERIA REAL ESTATE BLOG FOR SMART INVESTORS

  The cost of building materials is on the increase and this is affecting the cost of the rent. If you receive a corresponding increase in salary or earn more from your business, there is no serious issue. However, if your income does not match the trend, something must be done because a house is a basic necessity.  We are here to help. Look at the simple example below: A. 1 bedroom flat Rent...........300,000 Agency.......30,000 (10%) Caution......30,000 (10%) Legal Fees...15,000 (5%) Security/Sanitation/Service Charge 30,000 (10%) Total Charges =405,000 This is good if you are in this class but instead of borrowing for consumption (rent) try this smart option by Joe Nigeria B. 1 bedroom flat Rent...........250,000 Agency.......25,000 (10%) Optional when dealing with house owner Caution......25,000 (10%) Optional when you visit our daily property listing Legal Fees...12,500 (5%) Optional when you visit our daily property listing Security/Sanitation/Service Charge 25,000 (10%...

4 Things to Know about Max Trade   Here are 4 things you need to know about the max trade   ·          OUTRIGHT PAYMENT All payments must be on an outright basis. Max trade has no payment plan, and all payments are made outrightly   ·           DOCUMENTATION Any subscriber to max trade gets a receipt of payment, contract of sale, and a post-dated check reflecting a 40% ROI   ·          PRICE  From N75,000 ·             INSPECTION Both estates ( La lagune and max beachfront) are open for inspection by your clients from Monday to Saturday. 10 am to 2 pm.   Earning from a Real estate j...

  This article will provide you with some free tips for buying a home and advice that will enable you to make the right home buying decisions and therefore buy your dream home at a good price and get a great value on your investment whether you’re a first time home buyer or you’re one of the many real estate investors currently under the heavy burden of bad credit home loans. This inspection checklist will help you through the decision process. 1.  Structure The property you wish to buy may be on flat ground. What about structural integrity? We’ve all heard about the numerous collapsed building in Nigeria due to one excuse or another. Therefore, take a good look at the building . . . examine the walls, look for cracks, and any signs that may indicate that the building is structurally defective. Remember, once you buy a house, you buy the asset and liability so buying a defective structural building is a big liability. 2. The Roof Check that the roof is still...

  Introduction Alvard and Moore Services limited in partnership with Akwa Savings and Loan Limited offers for subscription: A total of 4,644 shops/warehouses are classified by size as Giant, Big, Medium and Small in the Uyo urban regional ultra-modern market. Total Landmass  22.39 Hectares (HA) Client:  Ibom Traders Co-operative, Uyo, Akwa Ibom State. Location:  Mbiabong Etoi, along Oron Road which leads to the Akwa Ibom International Airport. Nung Oku, Uyo , Akwa Ibom State, Nigeria Opportunity Available for traders, civil servants, business owners, SMEs, real estate investors, cooperatives etc. Price:   Depends on the size of the shop/warehouse.  30% initial deposit, mortgage available.  The first 300 units will cost only #3.5m with a 30% down payment and 70% balance spread over 12 months. Grab this opportunity now! Other Facilities: Clinic CCTV Camera Restrooms Perimeter fence Prehydrant and Suppression Systems Banks ...

Proof of land ownership is how one claims the right to land. It is the protection and degree of control a person has over a parcel of land. This is just a way to pinpoint each person’s land and a testament by the State that the said person has a property right in the land. A claim to ownership of land in Nigeria may be established in any of the five main ways laid down by the Supreme Court in the celebrated case of  IDUNDUN & ORS V. OKUMAGBA & ORS  as follows: By traditional evidence in the form of traditional history. By production of documents of title By proving the act of ownership and possession over a sufficient length of time and are numerous and positive enough as to warrant the inference that the person is the true owner. By proving acts of long possession and enjoyment of land; and By proof of possession of connected and adjacent land, in circumstances which make it probable that the owner of such adjacent or conn...

  Is court judgment a land title? This simply implies that the individual went into a court battle with the government to another party over an expanse of land and came out victorious. Such person can then proceed to process the appropriate land documentation to grant him exclusive rights to such land, which could be either C of O, Governor’s Consent, Excision or Gazette as the case may be. What are the biggest strategies for making money in real estate in Nigeria? Real  Estate Agency Property Development Commercial Property Rental Land banking/Flipping Real Estate Trading What is dual agency? Dual agency  occurs when a real estate agent works on behalf of both the home buyer and seller . What is house flipping? Flipping  (also called wholesale real estate investing) is a type of  real estate investment  strategy in which an investor purchases a property not to use, but with the intention of ...