MREIF is a fund instituted by the Federal Government to help renters become homeowners. Sadly though, many people fail to take advantage of this fund - and they still go through the old, painful ways of purchasing properties. The purpose of this article is to provide information about MREIF, and why you should take advantage of it so as to quickly build a sterling real estate portfolio. Hopefully, more...
Ibeju Lekki is today what Lekki Phase II was 20 years ago. But perhaps even more - here in Ibeju Lekki, you find a more residential outlook. You want your place of residence to have a residential outlook - that is, to be free of the hustle and bustle of commercial activities that characterize the city centers. Remarkably though, you still get accessibility - the good road network makes it easy to get to...
There is a mortgage revolution ongoing in Nigeria, and it is helping thousands turn rent into ownership. Owning a home is a dream that has been out of reach for many in Nigeria, but now change is coming. Through the efforts of the federal government, a mortgage is now accessible to even the low income earner, as long as they earn steady income. The Ministry of Finance Incorporated Real Estate Investment...
In Nigeria, real estate is more than just land and buildings; it is a cornerstone of wealth, a tangible asset, and a legacy for future generations. From the bustling commercial hubs of Lagos and Abuja to the growing urban centres in Port Harcourt and Ibadan, the opportunity to own a piece of land or a home is a dream for many. However, the path to property ownership can be fraught with complexities,...
Nigeria's real estate sector is a critical barometer of the nation's economic vitality. Driven by a rapidly growing population, urbanization, and a rising middle class, the demand for residential, commercial, and industrial space has never been higher. Navigating this complex and often challenging market requires expertise, financial muscle, and a clear vision—qualities embodied by the industry's leading...
The term "hot properties" is subjective. Depending on the needs and aspirations of the particular individual, it could mean properties that can provide recurring income, properties that appreciate quickly, or residences that will be the envy of all who gaze upon them. Whatever it mean to you, you can find such properties in Lagos, the undisputed economic heartbeat of Nigeria - a city of relentless energy...
Knowing how to make money from commercial real estate is one sure step towards generational wealth. It is like having a bucket that scoops non stop from the river of money. It moves in sync with a fundamental secret: sustainable wealth is not built on one-off wins, but on a foundation of predictable, recurring income. For these savvy investors, commercial real estate (CRE) stands as a powerful, time-tested...
Yes, you can make money from shortlet apartments, but no, it is not automatic. It is important to understand the nuances involved: where the money comes from, how to position yourself in the market, and how to maximize the money that can come in from shortlets. Short-lets have become a mainstream and highly lucrative investment class. For those with an entrepreneurial spirit and a strategic mindset, a...
The dream of property investment in Nigeria is powerful. It’s seen as a tangible, wealth-building fortress in a sometimes volatile economic landscape. You’ve likely heard the phrase "maximum returns," but what does it truly mean? The first and most crucial lesson for any aspiring investor is this: "maximum returns" is a subjective statement. It depends entirely on your financial goals, risk appetite,...
For generations, the dream of owning a home has been deeply woven into the fabric of Nigerian society. It is more than just a roof over your head; it is a symbol of success, a pillar of security for your family, and a tangible legacy for generations to come. While the path to homeownership often seems dominated by buying existing properties or patronizing estate developers, there is a more rewarding,...