clarocuzioo:
My sincere advice, developers' estates in lagos are scam. After buying houses, indirectly you are still paying rents.
With #90m you can buy land and build house within three months.
Trust me in future you won't enjoy paying all those charges.
There are good locations to buy lands around Ajah and Ikota, why going to in prison yourself?
I dont want to say much here let it not look like am spoiling Megamound Business pls.

Call me on 07018078581

bebe2:
Hello all

Pls am thinking of buying a 3bedroom flat in Megamound estate Ukot a Lekki, where a 4bed duplex goes for about 90m, plots of land go for 90k psqmtr, the flat is going for 30m.

I personally love this estate, but can’t afford much there so am opting for a flat.

Now the dilemma is, the estate management fee is 435k per annum including insurance.

Which I think is too high. Can someone enlighten me of how these things are run?

I just need general advise on which way to go.

marylandcakes:

Although I’ve never bought an apartment in Nigeria I built. If the flats are as good as you say and everything is above board. 435k is not too much. In order the maintain the standard of the flats this will cost money. You don’t want to buy the flat and a few years down the line due to lack of maintenance it goes down hill. If you convert that to pounds that’s roughly £1k which is the average annual service charge for a two bed in London.

bebe2:


Am just confused and being broke is not helping, I Can get a plot in this estate for 30m, and build a nice duplex but I no get money, lol

How can I run away from London and it’s small houses and then be squashed into a flat in Nigeria?

The plan for the flats seem good, but can it make enough money from air bnb to sustain itself when am not there?

Questions plenty jare

marylandcakes:


With30m you can buy land and built a small cottage with a nice garden , you can plant your organic vegetables and keep chickens and goats.

bebe2:


Security Nko?

The environment also matters. Do u know I have a property in Benin city that I can’t sleep in? Location is the problem.

marylandcakes:



Which location in Benin?

bebe2:


Ikpoba hill after ADUWAWA

segzy14:


Good evening ma, how is your house in Benin?
Megamound is a nice place to buy properties, if you have the money it is worth it.

bebe2:


Ikpoba hill after ADUWAWA

marylandcakes:


I don’t know that area.

bebe2:


What? Abi u don’t know Benin, am sure u went to uniben so u only know ugbowo

marylandcakes:


What I mean is that it’s not an area I’m conversant with. I don’t really know anyone that lives there. I’m more conversant with areas around the ring road. I didn’t go to Uniben either I schooled at AAU Ekpoma . I know you pass through ikpoba hill to get there lol, so only know the area from the inside of a vehicle, if you know what I mean.