Home » Real Estate » Real Estate Articles (page 60)

Real Estate Articles

To Renovate or not to Renovate before selling?

renovate before selling

A lot of people sell their properties without getting the right returns on investment probably because they leave renovations to the buyer which invariably reduces the value of such property. Once a decision is been made on the sale of a property, returns on investment should be top priority. To renovate or not to renovate? This is indeed the huge ...

Read More »

TOP 10 HOTTEST LOCATIONS IN LAGOS

TOP 10 HOTTEST LOCATIONS IN LAGOS

As tiny as Lagos appears in terms of landmass, it has remained the most promising habitation and business hub for many Nigerians of diverse tongues. If owning a house or a land in Lagos does not form the core of the dreams of the average man who resides in Lagos then probably that person is no Lagosian to begin with. ...

Read More »

What makes a Good Investment Property?

investment property

This article is a sequel to “Understanding the Property Cycle When Buying” A well thought out and chosen property is likely to deliver greater returns in the future; not only in the form of capital growth but also in the form of rental returns. In order to maximise investment return, here are some key considerations to make: 1. The Right ...

Read More »

Understanding the Property Cycle When Buying

property circle

In real estate the property market moves in cycles. Property values may rise due to strong market growth, remain steady or even decline during certain phases of the cycle. Thus, as an investor, it is important to know where the market is within the cycle to ensure you secure your property at the right price. As is depicted in the ...

Read More »

Land Acquisition Policy in Nigeria

land acquisition in Nigeria

Since 1978, the major legislation regulating land acquisition within the country has been the Land Use Act of 1978 which states that all land in a State is to be held in trust by the State Governor for the benefit of all Nigerians. By law, foreigners may also acquire land wherever it is located in the country from either the ...

Read More »

Building or Buying a House: Which is better?

Buying a house

The thought of buying a land and erecting your own building to your own taste is good but isn’t buying an entire house anew without going through all the preambles better? Many people have actually reached a deadlock in an attempt to take a decision on the aforementioned premise. We would be taking a critical look at the merits and ...

Read More »

Effects of housing on health

effects of housing on health

In Nigeria and most developing countries, the effects of housing on health has been de-emphasised. Housing and health may not be closely related, however your choice of neighbourhood and habitation plays a huge role in keeping you healthy. The effects of a sub-par housing condition on the health status of many residents could be devastating if not checked. Inadequate or ...

Read More »

How to effect land excision in Lagos State

A lot of people have issues understanding what excision means. This is why I have decided to help out by writing this article on how to effect land excision in Lagos State. A portion of land is said to be excised if such has been legally released through a government gazette to the indigenous settlers. The Land use act of ...

Read More »

How termites can destroy your home

Guess what else can lead to the collapse of that building of yours…A relentless real estate property agent in the nuisance category. Termites are tiny wood-boring insects that are silent killers to homes and other buildings; their preoccupation is destruction. They have been around since the beginning of time because they are adaptable to ever-changing environments. Their ability to cause ...

Read More »

Relocation as a last resort in the event of a disaster

Relocation is defined as a process whereby a community’s housing, assets, and public infrastructure are rebuilt in another location. Relocation is sometimes perceived to be the best option after a disaster for one or more of the following reasons: (1) People have already been displaced by the disaster (2) Their current location is judged to be uninhabitable, or (3) Relocation ...

Read More »