Ibomcity News

15/06/2024

UYO MEGA CITY ESTATE IS FINALLY HERE. IT IS IMA CITY ESTATE.

INTRODUCING IMA CITY ESTATE UYO*
Ima city Estate is one of the finest products of Brits Properties Ltd
Located in the fastest developing area of Uyo with great potentials to generate over 150% ROI within a few years.
With the serenity and ambience it promise to deliver, it becomes the choice of smart investors who wants thier money to work while they attend to other engagements.

LOCATION: Airport round about, Ekpene ukim, Uyo

PLOT SIZES: 500SQM.
400SQM. #1.5M

*AMENITIES*
📌Interlocked! Road network
📌 Good drainage system
📌 24/7 security personnel and CCTV Cameras
📌 Call in Estate
📌 solar installation
📌 Perimeter Fencing
📌 power supply
📌 central water system

*NEIGHBORHOOD*

🏝️Victor Attah nternational Airport
🏝️ Full life Group of school
🏝️ Dakkada Luxury Estate
🏝️ Boa refinery

**TITLE*
Registered Survey

*PAYMENT PLANS*
3Months 0% interest
6months 0% interest
12months 10% interest

Grab it now as idey hot🏃‍♂️🏃‍♂️🏃‍♂️🏃‍♂️🏃‍♂️
Call us on 07032785354 for more details and site inspection

08/06/2024

UYO STRATEGIC THREE BEDROOM BUNGALOW FOR SALE

PRICE: ₦40 million naira.

LOCATION: New Ring Road 3 by Redeemed Church, Uyo, Akwa Ibom State, Nigeria.

FEATURES:
✓Interlocked compound
✓Sitting on about 800 SQM land .
✓Pop ceiling, screded walls & All En-suite ✓Fenced round with Electric fencing
✓Steady light & in a well secured environment.
✓ Spacious compound & parking space for at least 6 cars. • Kitchen with a Store
✓With a lot more

For inspection, call
GRAPET PROPERTIES AND ESTATES
07032785254

03/06/2024

Investing in real estate offers several advantages, including:

1. *Physical asset*: Real estate is a tangible asset that can provide a sense of security and control.

2. *Appreciation*: Property values tend to appreciate over time, making real estate a good long-term investment.

3. *Rental income*: Investors can earn passive income through rental properties.

4. *Leverage*: Investors can use debt to finance real estate investments, amplifying potential returns.

5. *Tax benefits*: Real estate investments can provide tax deductions and exemptions.

6. *Diversification*: Real estate adds diversity to an investment portfolio, reducing reliance on stocks and bonds.

7. *Inflation protection*: Real estate values and rents often increase with inflation, protecting purchasing power.

8. *Improvement potential*: Investors can enhance property value through renovations and improvements.

9. *Stable cash flow*: Rental properties can provide a steady income stream.

10. *Long-term wealth creation*: Real estate investments can build wealth over time.

Remember, real estate investing involves risks, and thorough research and expert advice are essential before making investment decisions.

CLEMENT IDONGESIT
YOUR REAL ESTATE COACH

27/05/2024

10 ways of Selling in Tough Times in a Challenging Economy Like Nigeria Especially High Ticket Products or Services

Selling high-ticket products or services in a challenging economy like Nigeria requires strategic planning, adaptability, and a deep understanding of the local market.

There are sales people who when asked when Last did you Close a deal, they mentioned I sold last in January or February, Some even mentioned last year and while some may mention things like there is customers fears due to what is happening in the real estate industry, demolishions by state Government or Federal government.

But the truth is this , People close deals every day , Every week despite the tough times. Choose Your hard , the hard of excuses or hard of not selling or the hard of closing deals and earning commissions and enjoying a good quality of life.

Or the life of things are hard no body is buying 😭😭😭😭😭.

Here are ten ways to effectively sell in such conditions:

*1.Value Proposition:* Clearly articulate the unique value and benefits of your product or service. High-ticket items need to justify their cost, so emphasize quality, durability, and long-term savings or benefits.

*2 .Targeted Marketing:* Identify and focus on specific market segments that have the purchasing power and need for high-ticket items. Use data-driven insights to tailor your marketing efforts.

*3.Build Trust and Credibility:* Establish trust through testimonials, case studies, and reviews. Highlight success stories and client endorsements to build credibility.

*4.Flexible Payment Plans:* Offer flexible payment options such as installment plans or financing. This can make high-ticket products more accessible and appealing to potential buyers.

*5.Personalized Sales Approach:* Engage potential customers with a personalized sales approach. Understand their needs and pain points, and tailor your pitch to address those specific issues.

*6.Networking and Partnerships:* Leverage networks and form partnerships with local businesses and influencers. Collaborate with trusted entities to reach a broader audience and build credibility.

*7.Educational Content:* Create and share educational content that demonstrates the value and benefits of your product or service. Webinars, whitepapers, and workshops can position your offering as a must-have solution.

*8.After-Sales Service:* Provide exceptional after-sales support and service. Assurance of ongoing support can be a significant selling point for high-ticket items.

*9.Leverage Digital Channels:* Utilize digital marketing channels effectively. Invest in targeted online advertising, social media campaigns, and SEO to reach potential customers where they spend their time online.

*10.LocalAdaptation:* Adapt your sales strategies to fit local preferences and cultural nuances. Understand the local business etiquette and modify your approach accordingly to resonate with Nigerian customers.

Question of the day

What did you learn from this sales tips ?

Drop your comments on the comment box.

Thanks for your attention and please enjoy your day.

Watch out on this space every Monday and Friday for insightful write up on real estate.

CLEMENT IDONGESIT
YOUR REAL ESTATE COACH

17/05/2024

The Power of Negotiations in Sales
For Realtors in Nigeria.

7 Ways To Successful Negotiate and Close Deals

Negotiation is a critical skill in sales, essential for closing deals and achieving favourable outcomes for both parties.

Here are seven effective strategies to negotiate and close deals successfully:

1. Prepare Thoroughly

Research: Understand your client’s needs, pain points, and the market landscape. Knowledge about the client’s industry, competitors, and recent developments can provide leverage.

Goals: Define clear goals and acceptable outcomes for the negotiation. Know your bottom line and what you’re willing to compromise on.

2. Build Rapport

Relationship Building: Establish trust and build a relationship with the client. Genuine interest in their business and active listening can create a positive foundation.

Personal Connection: Engage in small talk and find common ground to create a more personable interaction.

3. Understand Their Needs

Ask Questions: Use open-ended questions to uncover the client’s priorities, challenges, and expectations.

Active Listening: Demonstrate that you understand their concerns by summarizing and reflecting their points back to them.

4. Present Value

Value Proposition: Clearly articulate the value your product or service brings. Highlight unique benefits and how it addresses their specific needs.

Case Studies: Use examples and case studies to demonstrate how similar clients have benefited from your offering.

5. Be Flexible

Adaptability: Be willing to adjust your proposal based on the client’s feedback. Flexibility can often lead to mutually beneficial solutions.

Alternative Solutions: Have multiple solutions or packages ready to present, catering to different needs and budgets.

6. Handle Objections Confidently

Prepare Responses: Anticipate common objections and prepare logical, clear responses.

Empathy: Acknowledge the client’s concerns and show empathy. Address their issues directly and provide reassurance.

7. Create Urgency

Scarcity: Highlight limited availability or time-sensitive offers to encourage prompt decision-making.

Timelines: Establish clear timelines for decision-making and follow-ups to keep the negotiation moving forward.

Additional Tips:

Clear Communication: Ensure all terms and conditions are clearly communicated and understood by both parties.

Documentation: Document all agreements and follow up with written confirmation to avoid misunderstandings.

Stay Positive: Maintain a positive and professional demeanor throughout the negotiation, regardless of the challenges faced.

By implementing these strategies, sales professionals can enhance their negotiation skills, build stronger client relationships, and close deals more effectively.

Question: What did you learn from this, please give your opinion or comment. Let us also learn from you.

Thanks for your attention and please enjoy your day.

Thank God it's Friday , Wishing you all a wonderful Weekend.

CLEMENT IDONGESIT
YOUR REAL ESTATE COACH

SEE YOU NEXT WEEK MONDAY.

10/05/2024

SECRET EXPOSED: WHAT MOST REALTORS WILL NOT TELL YOU ABOUT MAKING EXTRA PROFIT FROM REAL ESTATE DEALS

Many people have always looked at real estate investment from the point of a high commodity asset at acquisition and not from an opportunity, stable high returns, and predictable investment perspective.

The reason is that many haven't understood how and when is the best time to invest in profitable real estate assets.

Here's the number one secret to investing profitably in real estate:

TIMING: For every genuine real estate investment that comes your way, there's or there was a window that presented itself for extra profitability. E.g. most companies like ours do what we call pre-launch and promo sales. At pre-launch, you have the offer of buying at almost 50 to 70% lower than the actual cost.

Please note that the pre-launch phase most times looks very uncertain as there may not be enough documentation or evidence to help you verify the transaction accurately. At that point the profit gap looks very great and so is the risk.

How do you manage the risk? ensure the company you want to invest with has leadership with integrity, once that's in place, you can risk it.

Promo deals also give you the access to acquire at a very low rate to earn higher returns. Some real estate firms do a 50% discount on pre launch and pre sale.

Also, no matter how trusted the leadership of any company you want to buy from us is, please always do your due diligence on a property before you commit your hard-earned money to it. Don't forget!

In my next post, I'll share what you can do to be part of an investment you really want and still be profitable even though you missed pre-launch and promo sales.

Please follow me for more.

Watch out on this space every Monday and Friday for more insightful write up on REAL ESTATE.

Thank you 😊

CLEMENT IDONGESIT
YOUR REAL ESTATE COACH

03/05/2024

*NEW PRODUCT FROM GIDI REAL ESTATE COMPANY*

*CIVIC RESIDENCE AJAH.*

Civic Residence is a unique development of premium site and service plots, 2 bedroom detached bungalows with bq, 3 bedroom detached bungalows with bq, and 4 bedroom detached penthouse bungalows with with bq.

This unique development that is set to redefines modern and exclusive living experiences is conveniently located in a top spot at the Ajah-Abraham Adesanya axis, Lekki-Epe Expressway, accessible to major business districts, malls, social structures, public space, etc.

*Title:* Government Allocation (Certificate of Occupancy)

*Location* - Inside Atlantic Nominee Layout, Abraham Adesanya by Lekki Gardens Phase 5, Ajah, Lagos.

*Product Outline*
- 2 Bedroom detached bungalow + BQ - *N50M*

- 3 Bedroom detached bungalow + BQ: *N62M*

- 4 bedroom fully detached penthouse bungalow + BQ *N80M*

*Documentation Fee: 5M*

*SERVICED PLOTS*
- 300 SQM: - *N34.2M*
- 500 SQM: - *N57M*

*(Price all-inclusive)*

NB: *Initial Deposit: #10,000,000.*

*ESTATE FEATURES*
- Greenery
- Water Supply
- Estate Gym
- 24/7 Security
- Drainage System
- 24/7 Power Supply
- Parking Lot
- Prime location
- Well Paved Floor
- ⁠Love Garden

*NEIGHBOURHOOD*
- Eti-Osa Mother & Child Care Center
- The Ambiance 1
- Lagos Business School (LBS)
- Blenco Supermarket
- Skymall Cinema
- Ajiwe Police Station
- Readington School

*Civic residence is here. Come, let's enjoy the most civil living experience around.*

For Inquiries and Site inspections Call 📞 07032785354

30/04/2024

SHELTER AFRIQUE ESTATE PLOTS AVAILABLE SALE.

Location: Shelter Afrique estate, Uyo, Akwa Ibom State, Nigeria.

Interpretation of terms

1. M²= SQMT= sq.mt
2.N= Naira
3. M= Millions
4. T= Tarred road
5. OT= Off the Tarred road
6. FR= Filling Required
7. NFR= No Filling Required
8. PF= perimeter fence
9. NPR= no perimeter fence

A. 600sq.mt at 28m, T, PF, NFR

B. 700sq.mt at 33m, T, PF, NFR

C. 800sq.mt at 37m, T, PF, NFR

D. 1000sq.mt at 30m, UT, NP, NFR

E. 1100sq.mt at 35m, UT, PF, NFR

F. 1200sq.mt at 30m, UT, NP, NFR

G. 1200sq.mt at 35m, UT, PF, NFR

H. 1200sq.mt at 35m, UT, NP, NFR

I. 1200sq.mt at 38m, UT, PF, NFR

J. 1300sq.mt at 33m, UT, PF, NFR

K. 1300sq.mt at 60m, T, PF, NFR

L. 1340sq.mt at 65m T, PF, NFR

M. 1440sq.mt at 45m, T, PF, NFR

N. 1400sq.mt at 40m, T, NP, NFR

O. 1500sq.mt at 45m, UT, NPF, NFR

P. 1500sq.mt at 60m, T, PF, NFR

Q. 1600sq.mt at 60m, UT, NP, NFR

R. 1800sq.mt at 45m, T, PT, NFR

S. 2100sq.mt at 70m, T, PF, FR

T. 2100sq.mt at 60m UT, NP, NFR

U. 2000sq.mt at 70m, UT, PF, NF

V. 2000sq.mt at 100m, UT, PF, NFR

W. 2015sq.mt at 110m, T, PF, FR

X. 2000sq.mt at 120m, UT, PF, NF

Y. 3000sq.mt at 100m, T, NP, FR

Z. 3700sq.mt at 180m, T, PF, NFR

AZ. 4200.sq.mt at 130m UT, NP, NFR

For inspection, please contact
GRAPET PROPERTIES AND ESTATES
07032785354

29/04/2024

LAND SEARCH: A PREREQUISITE FOR LAND PURCHASE

Please read this article to the end if you are planning to purchase land to avoid being defrauded.

There are two types of land you must note:

1. LAND WITH PROPER TITLE: (Power of attorney, registered survey plan, certificate of deposit/governor's consent, certificate of occupancy)

2. NATIVE LAND: This type belongs to the original owner, has not been sold to anyone, and lacks proper title.

Before you make any payment for land, it's imperative you conduct a thorough search with relevant authorities.

Here are the steps you must take to verify the genuineness of the land before making payment:

1. Run a search with the Ministry of Lands to determine if it's government land.

A registered surveyor/valuer/real estate consultant can assist you with this, though they will charge a fee.

If the search shows that it's government land or the land falls within a government reserve area, please refrain from proceeding.

It's much easier if the land has a certificate of deposit/governor's consent. Simply verify the authenticity of the documents with the Ministry of Lands.

2. Run a search with the village head, youth leader, family head, and community members.

This will help you determine if the land is under contention by family members.

Contact the village head of the community, as they can provide you with necessary information and contacts.

3. Return to the neighborhood/area and ask questions about the land.

Locals in the area will likely have valuable information to share about the land

If you want my professional service in land search and verification please call

CLEMENT IDONGESIT
YOUR REAL ESTATE COACH
07032785354

26/04/2024

*LEKKI AVIATION TOWN*

Lekki Aviation Town is a modern estate strategically located along the Lekki Epe Expressway within the prime neighborhood of emerging Lagos state new economy.

It’s a dream come through for everyone who desires a home and investment that can yield a good return on investment within the shortest possible period of time.

*Location:* Lekki Epe Expressway

*Title:* Certificate of Occupancy

*Prices & Sizes of Residential Plots*
500sqm - NGN29,999,000
300sqm - NGN18,999,000

*Commercial Plots*
1,000sqm – NGN100,000,000

Note: Price is all inclusive & Allocation is instant at 80% Payment.

*ESTATE FEATURES*

- Perimeter Fence & Gate
- Good road and drainage
- Streetlights
- 24/7 Security
- 24/7 Electrification
- Landscaping
- 100% dry land

*NEIGBOURHOOD & LANDMARK*

- Lekki International Airport Proposed Site
- Alaro City
- Pan Africa University
- Dangote Refinery
- Dangote Fertilizer Plant
- Lekki Free Trade Zone
- Lekki Deep Sea Port
- Several gated estates

For more information and payment details call/whatsapp +2347032785354

26/04/2024

The speed limit is 70MPH, yet car manufacturers still make cars that go at 180 MPH because there is a market for them.

Ci******es kill you, yet they are still sold openly and legally, and they sell more than medicine that saves lives.

Indecent dressing increases the risk of sexual assaults (which are always condemned), yet people still dress indecently.

Premarital and extramarital in*******se lead to unwanted pregnancies, yet, people are still engaging in it.

*The moral of the story: Not every problem comes from your enemy. Some of them come from our own hands! Your greatest enemy is sometimes the enemy in you.*

_The greatest Crusade is to conquer your desires!_

CLEMENT IDONGESIT
YOUR REAL ESTATE COACH

26/04/2024

10 REASONS YOU SHOULD INVEST
IN REAL ESTATE

Real estate investment is the new deal with cool cash. Investing in landed properties and houses is the new trend in Nigeria presently. The best way to make wise choices with your money is to invest in real estate. History has it that real estate properties are strong and stable investments that have lasted for centuries. Real estate is one way to move from poverty to wealth for financial stability. The value of real estate increases with time. It overweighs the benefit of other investments like stocks, bonds, and insurance.

1. IT IS FINANCIALLY SAFE
Investment in landed properties is a safe financial investment. It is not affected by external factors like other investments. The value is not affected by political issues, wars, calamities, or disasters. Unlike stocks, real estate is not threatened by the economic market.

2. IT REQUIRES LITTLE OR NO KNOWLEDGE
Unlike other investment options, anyone can invest in real estate with little or no knowledge. For stocks, you might need to be experienced to understand the terms used and how the stock market works. Real estate investment is much easier. You can just go online to get basic information, do research on open and vacant homes, contact realtors, real estate agencies and get your cash flowing in steadily.

3. LANDED PROPERTIES APPRECIATE
Real estate is a very lucrative investment with a high return. Landed properties have a high increase in value. It appreciates in value a lot. Its value always increases over the years.
There have been testimonies of investors getting land for a lower price, especially in rural areas, and after a few months or years, they sell it at a very high price. The longer you hold on to land, the higher the price will be sooner or later. It could also be a building.

4. IT PROVIDES A STABLE CASH FLOW
The returns from real estate investments provide a stable and passive income. This income can be generated in various ways, it could be through building houses, collecting higher rental fees, or by buying off old houses at cheaper prices and selling it off at higher prices after renovation.
With your investment in real estate, you can relax while your cash keeps flowing in. It enables you to use your time on other business if you have one.

5. IT BEATS INFLATION
Real estate is one of the few investments that is not affected by inflation. Inflation is persistent rise in general prices but decrease in people’s ability to purchase goods and services.
Real estate are not affected at all because their mortgage prices remain the same but increases due to increase in demand for rent. This increase is due to people’s inability to purchase a land or buildings because of the increase in the price.

6. IT CAN BE CONTROLLED
This is one of the investments that can be controlled from time to time. You can always increase the prices as you wish since it is your asset. It gives you total authority over your asset unlike shares or stocks where the shareholder dictates decisions to made for you.

7. IT IS AN ASSET
Real estate properties are of great value. It can be passed down from generation to generation without the price depreciating.

8. IT IS TANGIBLE
Landed properties can be seen. Your buyers get to see what they want physically. This makes it easier for people to invest in it since they can see and feel it.

9. IT CAN BE LEVERAGED
This means borrowing money to raise capital for a business while getting high profit from the growth of the capital.
This means you can borrow funds to get a landed property especially for rentals and then pay off with the rental fee. You also get an advantage with lenders giving out loans since they are aware that it is a landed property.

10. IT CAN BE USED MULTI PURPOSELY
Landed properties can be used by you in various ways. You can use it for personal sake by living it or use it for business.

23/04/2024

Embark on a New Era of Living: Introducing OBA ESTATE , IBADAN.🥳🥳🎉

Discover a lifestyle beyond compare as we proudly unveil OBA ESTATE, an extraordinary residential haven that merges modern luxury with natural tranquility.

Nestled in the heart of IBADAN, OBA Estate promises a symphony of elegance and functionality. Immerse yourself in thoughtfully designed spaces, lush greenery, and a sense of community that defines a new standard in living.

*📍 LOCATION:*
MONIYA ROAD, IBADAN .

*📍TITLE:*
REGISTERED SURVEY/ C of O IN VIEW

*📍PRICE:*
all inclusive

*📍KEY FEATURES:*
•Security
•Street Light
•Gate House
•Earth Road and many more amazing features

📍LAND MARKS
•University of Ibadan
•Lagos Ibadan train station
•Ibadan inland dry port
•Iita Ibadan

OBA Estate offers easy access to key destinations with an initial deposit of #100,000k

Be among the first to witness the unveiling/pre Lunch price of Oba Estate and envision a life where every detail is crafted for your utmost comfort and satisfaction.

*Call +2347032785354 for more information and inspection*

23/04/2024

*MEGA BUNGALOWS: 2 AND 3 BEDROOM BUNGALOW IN EPE LAGOS*

Whether you are looking for a place to call home, a rewarding investment, or a combination of both, Mega Bungalows promises to deliver.

Come and embrace the beauty of nature and seize the opportunity to witness remarkable returns on investment in this rapidly growing and thriving community.

*LOCATION*: Megalopolis, Ketu Epe, Lagos, beside Lagos State Food Security and Logistics Hub.

*TYPE:* 2 Bedroom and 3 Bedroom Bungalow (fully detached, fully finished)

*PRELAUNCH PRICE:*
2 Bedroom Bungalow -
• Outright (0 - 2 Months): N30m
• 3 - 6 Months: N31.5m

3 Bedroom Bungalow
• Outright (0 - 2 Months): N40m
• 3 - 6 Months: N41.5m

*DEPOSIT*: 20%

*FEATURES:*
• 247 Security
• ⁠Electricity
• ⁠Potable Water
• ⁠Solar Street Lights
• ⁠Interlocked Roads
• ⁠Ample Parking Space
• ⁠Spacious Rooms
• ⁠Recreational Area

*LANDMARK:*
• Lagos State Food Security and Logistics Hub
• ⁠Lagos Film City
• ⁠Ketu General Hospital
• ⁠Chinese Sea Port
• ⁠Grace Polytechnic
• ⁠Epe Resort & Spa

Owning an investment property beside a project that will employ over 16,000 people means passive income from traditional rentals or shortlet is guaranteed, with high returns.

Don’t miss out on this opportunity. Call me now to secure your units
07032785354

19/04/2024

WE LOVE LUXURY HOUSES
WE SALE LUXURY HOUSES
IN UYO, LAGOS AND ABUJA
REAL ESTATE INVESTMENT YOUR SURE PLUG FOR WEALTH EXPANSION AND WEALTH RETENTION.

GRAPET PROPERTIES AND ESTATES
07032785354

19/04/2024

INSURANCE IN REAL ESTATE
You’ve heard it said that everything in life is a risk. There’s a certain level of uncertainty that permeates human life thus making the best of us hopeful unrepentant gamblers that our work will determine our results, that starting a business will yield profits, and that our legally purchased properties will remain ours. However, this is not always the case as sometimes, our work may go unrewarded, our business may not yield profit, and the quiet use and enjoyment of our properties may be denied. Hence, the need for insurance. This piece will attempt to define Insurance and Property Insurance in particular, the types of property insurance policies obtainable in Nigeria.

Real estate insurance provides financial reimbursement to the owner or renter of a structure and its contents in case there is damage or theft—and to a person other than the owner or renter if that person is injured on the property.

Importance of Real Estate Insurance
Real estate insurance safeguards the value of real estate assets, providing financial protection against unforeseen events that could damage or destroy the property.

Businesses in every industry need to have the proper insurance to protect themselves from financial harm. As a commercial real estate investor, particularly if you are starting out, it might not feel like you are at the same level of risk as other business owners. However, there are still a few basic types of insurance that all real estate investors should have.

4 TYPES OF INSURANCE ALL REAL ESTATE INVESTORS SHOULD HAVE
Landlord Insurance: This type of commercial real estate insurance is also known as rental property insurance. It will include the different types of coverage the real estate investors need to protect their bottom line. Depending on your needs, your policy could include things like liability coverage, hazard coverage or loss of income coverage. Landlord insurance will not cover the belongings of your renter, and it is their responsibility to purchase renter’s insurance.

Liability Insurance: Liability coverage protects you against the financial harm that can come from accidents on your property involving tenants, the guests of your tenants, repair technicians and more. Liability insurance will also take care of offsetting your financial responsibility if something is stolen or if someone files a lawsuit.

Fire and Hazard Insurance: Fire and hazard coverage is critical, as the hazard coverage will also cover things like structural damage that can occur as a result of theft, fire or storms. Real estate investors use this insurance to protect against accidents that can happen and lead to expensive repairs to restore the structural safety of the property.

Water Line and Sewer Backup Coverage: Depending on your policy, this might be included already or need to be tacked on as an add-on. A clogged sewer line typically does not lead to extensive damage, but a damaged water line or sewer line can make the property uninhabitable in an instant. In some parts of the country, any breaks that occur beyond the property line are the responsibility of you as the owner and not the city or county.

CLEMENT IDONGESIT
YOUR REAL ESTATE COACH

Watch out on this space every Mondays and Fridays for more insightful write up on Real Estate.

17/04/2024

15/04/2024

Jackson is the worst by far in this vital striker stat 😯

15/04/2024

Dunamis: Woman accused of fake testimony, NOUN law graduate – PUNCH Investigation

A woman, Veronica Anyim, who was suspected by the senior pastor of the Dunamis International Gospel Centre, Abuja, Paul Enenche, of giving a fake testimony at the church graduated from the Law Department of the National Open University of Nigeria.

https://punchng.com/dunamis-woman-accused-of-fake-testimony-noun-law-graduate-punch-investigation

15/04/2024

BEFORE BUYING THAT LAND FROM A REAL ESTATE COMPANY 👇.

Today I am sharing vital information that will help in securing the right real estate investment.

1. What is the land title?

There are different types of land titles in Nigeria, you must ask questions or consult your lawyer who can help verify the land title of the estate.

2. Which company is developing the estate? Check if they have estates they have developed before or are currently developing.

It will help you conduct research about that company by checking their Social media handles and website.

Also check what other realtors are saying about that company 🎯

3. What is the price of the land?

The price of the land determines if the property is a right fit when it comes down to budget.

Is there any penalty if I default, this is for people who are going for installments. Ask for contract of sales document where all the terms are stated.

4. What will the ROI be like in 2 to 10 years? Especially if you are going into land banking, this will help you decide on the property to buy.

5. Are there any extra charges?

Some Real Estate Developers have other fees to pay aside from the price of the land like Documentation fees and development fees etc, While some add everything together to ease the stress.

So it is important you know exactly what you are paying for.

6. Is it dry, swampy, or leveled land?

Information on topography is vital to a land purchase.

If it’s swampy, who does the sand filling, if it's a hill, are they going to level it a bit?

7. Is there any specific building prototype?

8. Is it a layout or an estate?

CLEMENT IDONGESIT
YOUR REAL ESTATE COACH

03/04/2024

Distress SALE of Land Measuring 2,100sqm at Shelter Afrique Estate Extension, Oron Road, Uyo. Asking Price 15m.

Contact: Grapet properties and estates - 07032785354

01/04/2024

6 KEY STEPS TO TAKE WHEN BUYING A HOUSE OR LAND PROPERTY IN LAGOS
There are a great number of things to look out for and keep in mind when buying a new home or land property especially in a place like Lagos . The following 6 steps are crucial and will serve as guideline while you make that investment in property in Lagos.

1. Understand the Nature of the Property
Investors want to get the best value for their money. And this often translates to the best return on their investment. With this in mind, you want to evaluate the potential growth in investment in a particular area before you throw your hard earned money at it. Growth range is between 5%-30%. Why get less when you can get more? Choose your investment location wisely.

2. Research Who is Selling
Always keep the following questions in mind: "Who is the owner of the property?" "Who is selling the property? Is it the owner, the owner's wife, son, daughter, or someone else?" "Who's name appears in the documents? Is it the current owner or the previous owner?" "What liabilities currently exist on the property?"
3. Verify the True Owner
Before you buy a plot of land or a completed building, be sure to conduct what is called a "search" on the property. This is the process of verifying from the state government if the property in question is within government acquired properties or not and whether there are any pending litigation or other issues on the property. The bureau of lands of Lagos state is responsible for all land related matters in Lagos state. It also has office in Government secretariat Alausa Ikeja Lagos Nigeria.

4. Make Payment and Collate the Right Documentation
Pay the property amount to the property owner, then collect the (a) purchase receipt (b) the contract of sales (c) the building plan (d) originals of other relevant documents in possession of the previous owner
5. File the Documentation for Your New Purchase With the State Government
It's important to do this step because it legally makes you the new owner in the eyes of the law. If the property already has a C of O (Certificate of Occupancy), you’ve got Governor's consent for it which is great. If it does not, then you start processing your C of O as soon as possible.

6. Appoint An Estate Agent to Help Manage the Property
You safeguard your investment when you do this especially if you live outside Lagos Nigeria or overseas. Folks who have invested big time in Lagos Nigeria real estate have found that it has been one of the wisest decisions they made in their lifetime.

CONTACT: GRAPET PROPERTIES AND ESTATES FOR ALL YOUR REAL ESTATE BUSINESS IN UYO, LAGOS, PORT HARCOURT AND ABUJA (07032785354)