“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” – Andrew Carnegie.
Certainly, here are five tips for first-time homebuyers in Nigeria: 1. Establish a Budget: Determine how much you can comfortably afford for your new home. Consider not only the purchase price but also additional costs like property taxes, maintenance, and insurance. Stick to your budget to avoid financial strain. 2. Research the Market: Take the […]
Certainly, here are three important reasons to consider when hiring a real estate agent for your real estate journey: 1. Access to Listings and Market Information: Real estate agents have access to a wide range of property listings, including those not always available to the public. They can provide you with up-to-date market information, helping […]
Are you a Nigerian living abroad, searching for a smart investment opportunity back home? Look no further than the thriving short-term rental business in Lagos and Abuja! 🏙️ Key Benefits of Short-Term Rentals: 1. **High Demand**: Lagos and Abuja are bustling cities with a constant influx of tourists, business travelers, and locals seeking short stays. […]
Here are some important steps for a first-time investor in real estate: 1. **Educate Yourself**: Research and understand the basics of real estate investing, including property types, financing options, market trends, and potential risks. 2. **Set Clear Goals**: Define your investment objectives, whether it’s rental income, long-term appreciation, or a mix of both. 3. **Create […]
Introduction: The Central Bank of Nigeria (CBN) has recently announced a significant increase in the benchmark interest rate to 18.75%. This decision is likely to have far-reaching implications on various sectors of the economy, including the real estate market. As interest rates play a crucial role in shaping investment decisions, the sudden spike has raised […]