Tag Archives: residential property

The Lagos State Government on Sunday closed down eight worship centres across the state for contravening environmental pollution regulations. Dr. Dolapo Fasawe, General Manager, Lagos State Environmental Protection Agency (LASEPA)who led the exercise, said that the facilities were closed down to save the people from health crisis that might arise from the activities of the centers. LASEPA boss said that ...

Though not every Lagosian can afford to live in self-contained apartments, Mini flats, 2 bedroom and 3 bedroom flats, but there’s always an option for those who can’t deal with the exorbitant price charged as rent by Lagos Landlords. In this article we address the presence of untold conflict amongst tenants who live in tenement buildings in Lagos. Low income ...

“Worried by the dearth of accurate data for necessary action plan in the housing sector, the Real Estate Developers Association of Nigeria (REDAN)  is initiating strategy to provide solution to the challenge of housing deficit.”-Nigerian Tribune The moves by REDAN to provide a solution to the challenge of housing data was made known by its President, Rev. Ugochukwu Chime,   at ...

The real estate industry in Nigeria has come of age albeit it still struggles for a strong foothold. This article talks on how the real estate industry in Nigeria is being overlooked despite its immense potentials. Real Estate connotes an entity consisting of land and buildings on it in which resides some value of economic worth. In other words, it ...

Rental value is usually a major consideration when a prospecting tenant seeks for a place to move in. Hence it is essential that a landlord ups his game if he is to lease out his property at an acceptable price. This article aims to give useful tips on how a landlord can successfully increase the rental value of his property ...

Before we weigh the pros and cons between a residential property and a commercial property, let’s define the two real estate terminologies. A residential property is any property that derives all or nearly all of its income from dwelling units. Single-family homes, multi-families, apartment buildings, condos, co-ops are all residential. For commercial property, we’ll use a typical layman’s definition: property ...