Real Estate Articles

A Cooperative society can be said to be the autonomous association of persons united voluntarily in other to solve their socio-economy and cultural aspiration through joint owned business or businesses which is democratically controlled by themselves. It is in this vein that the BERSAMA REAL ESTATE COOPERATIVE MULTI-PURPOSE SOCIETY was launched on the 8th day of November, 2017. ________________________________________________________________________________ It ...

Lagos state is unique in many ways. It is the most populous state of Nigeria and is the leading non-oil sector contributor to the country’s Gross Domestic product (GDP). In this piece, Biodun Onayele writes about Lagos and the evolution of Onyingbo market. In 2006, Lagos contributed 30% of the nation’s GDP, consumed more than 60% of its energy, paid 65% ...

The student hostel facilities in our tertiary institutions have been a major area of concern with increasing student population as a result of increasing interest in the higher institutions of learning over the years. In this article we take a critical look at the decaying state of student hostel in Nigerian Tertiary Institutions. The rise in population of students admitted ...

Decent and affordable housing is one of the basic needs of individuals, family and the community at large. In this piece, we look at the problems associated with housing delivery in Lagos. Despite her huge potentials, why do you think housing shortage persists in Lagos? As a pre-requisite to the survival of man, housing ranks second only to food. Housing ...

Feeling comfortable with a real estate transaction is the easiest way to ensure that you have a positive experience, whether it be as buyer or seller. Knowing what is going on and taking an active role in the proceedings of your real estate transaction will give you the peace of mind necessary to erase some of the worries and doubt ...

Do you know that African cities are among the dirtiest cities in the world? In this article we take a look at the world’s dirtiest cities and why they are regarded as the dirtiest. Pollution is one of the most dangerous issues plaguing the world today. Water pollution causes a decline of safe drinking water. Air pollution leads to health ...

There are various approaches to buying property depending on what suits you. You can buy property as a lone ranger, some choose to use the peer approach in acquiring properties while others opt for the cooperative approach. In this piece and in the audio that comes after, you will get to learn how to buy a property using peer approach. ...

Real estate transactions involve the leasing, renting, buying or selling of property and is viewed as a very profitable venture. Unfortunately, scams and frauds are a common feature within the sector. This article identifies red flags in real estate transactions you must watch out for. Scam or fraud is a major obstacle bedeviling real estate transactions in Nigeria, this is ...

Proper financing is all-important to successful property investment and development. In this article we take a critical look at the challenges of financing real estate developments in Nigeria. The term ‘development’ as defined in section 2(1) of the Nigerian Town and Country Planning ordinance 1948, states that “development in relation to any land includes any building or rebuilding operation and ...

For many property owners in Nigeria, asking a professional property manager to manage a property is like spending money like a drunken sailor. Most property owners don’t believe a professional property manager does anything special, so why employ one? There’s so much a professional property manager can do to that residential rental property or commercial property that would bring immense ...