₦airaland Forum

brabus:
Highly recommended areas that fall within your budget on the island/Lekki includes:

Badore, Ado, Owode/Langbasa, Thomas Estate, LBS, Sangotedo, Majek, Abijo GRA (next rated), Lakowe, LFTZ, Ogombo, Beachfront plots in Ibeju Lekki and more.

The koko of the matter is investing in fertile ground. Quick turnaround and not just tying down money.

google map is not helping sef

brabus:
@bebe2, in case you're wondering what the last commandment was. It's simply "TNO - Trust No One"

noted!

brabus:
Just 3 mins drive from Abijo junction to Mayfair Gardens.

have collected his details, will msg him tmrw and let u knw the outcome. tnk u

brabus:
@bebe2

god bless u my bro,

do u know abijo very well? how far is it from mayfair gardens?

ojeota:
Interesting
I cant imagine how it feels like being cremated when dead.
The body will be gone and all you are left with is just the soul.

either way the dead wont know na
but it wasnt as heartbreaking as watching a loved being buried, with cremation u dont see the final process.

the coffin is left on the stage and everyone leaves the chapel.

according to our Rev, the family will be called to collect the ashes on a later day.

they can then do wat they want wit.

some will sprinkle it in the garden, river or use it to plant a tree. others just keep it at home
depending on wat the deceased asked for.

ojeota:
Ok

i forgot to add, most people here get cremated, dont really know why , i guess its becos of the land shortage.

mavverick:
Na to find reputable agents.
Forget Ikota, developers have moved in and some roads have been done which has jacked up prices.

6 years ago when i drove pass for the very first time. 10m would get u a juicy Plot at ikota villa

Look just before second toll and jakande.
Behind orchid hotel inside is usually water logged
you can also try Ajiran area also
try to avoid the cheaper side of ikota, they call it resettlement village, when my driver drive me pass to avoid express holdup, I was terrified to remove my phone to take some pictures. You need to see the conditions some people live in, even some pigs live in a cleaner environment.
It will be likely water logged and likely no consent.
have around 15m for pocket

i don tire oo

was planning to come home on the 7th of next month, but there is no need.

will wait till june. too complicated

3strike:
I oversighted this your comment....leave ogombo for small guys like us jare...We wey no get mind to pay 6m for a plot yet..

ahhhh

so na mind u no get to buy the land no be say u no get the money

3strike:
Just a pointer as part of where you can also research shey you get?

I no sabi much about it....

okk, u try

3strike:
check Femab estate...buy land with Global C of O for the peace of mind .....

this ur info too short.

how much are the lands?

before and after where is femab estate.

mavverick:
If you are interested in flipping, try to up your budget if possible, then target areas that are even in front (Ikota up till Jakande). Thats where you can make a killing.
It also depends on how long u want to hold out for and being at the right place at the right time, the 6m you have now can buy a plot in an area where the going rate is 15m, just depends on how desperate the seller is.

Will you also be doing things like perfecting the title, also even though you want to flip ? Its a ridiculous system in Nigeria, if you perfect the tittle, it will cost u time and money, but increases the value slightly, whats stupid about it is that the next buyer also has to do thesame thing under thier own name, absolutely bunkers..

You will need to ensure that you still secure the land oo. Either fence it so that nobody encroaches on it or try to nick some of your land (this was what pushed me onto Brabus, didn't plan to use him)
If you put someone there to be living like security guard, you still need to be on top of things, tell the person to alert you if they spot your neighbor doing things inside your plot etc. Best thing, fence it and put someone there, to fence it if you are not planing on building it, just arrange block and some pillars, as long as its not water logged. if its water logged, there is no escaping raft.

Ogombo is another area, a neighbor of mine at my site told me he bought some plots for 900k each a few years back or so. Now thats a good price.

tnks for ur input,

how much shud i increase my budget?

and how do i get a place around ikota and jakande?

i dont like ogombo, the place too far.

ANY govt that mentions God in its proposal or misfortune is clueless
and its not capable of ruling any nation,

mavverick:
Bebe

Have you considered some areas around Sangotedo or LBS ?

Look out for

Good title (The ones with Global C of O are not much )
Land as firm as possible
Upland area if you are lucky
No dispute on the land etc.


You can also look at Greenland Estate or Happy land estate, was there to check a plot 18 months ago, my lawyer/surveyor found out that its not inside Gazette even though the seller is one of the bigwigs in the estate and told us all was well. Its a functional estate, but I understand a plot there goes for upward of 10m, ones for 5m - 6m are likely to be at the rear and water logged. But check well and ENSURE you get a lawyer/surveyor to chart the plot and check out the legal sides.

3 beds as of 2 years ago command 800k in rent, I dont know about now. Title is excision\gazette etc and you have to do your own consent.

Was starting to get excited, untill u mentioned 10m

i dont really care for those high rental figures, if the area is gud and up coming dats fine wit me.

i want to do land flipping for now.

ojeota:
Why was he cremeted? Is it a religion rite.

No he is Catholic, his wife is church of england, the one we call Anglican in Nigeria.

He wanted a mixed mass, there is a name for it (requirium) not sure if the spelling is right.

damiso:
Thanks for sharing bebe 2..

Very poignant as it made me remember my dads passing.

I believe my dad was one of those people who had made peace with the fact that he would die. I was mad at him for a while because I felt he did not fight his illness or kind of just gave up on life I am wiser now though to see that he could not stand the thought of being a burden and had made peace with the fact that death is part of life. He had always said that he would rather go than wither away and be a burden on those he loved and I remember how strong and vehement my mums Oloun Maje( God Forbid) used to be. I am sure he probably wished he could live to see his grandchildren but was practical enough to accept that he might not.

After the intial naija gra gra of crying the easiest way for us ( mum and siblings) to get over it was laughing at all the memories we had of him his antics and UNPC ( un politically correct ) way of seeing life. that my father was a character I remember when people told my mum she could not travel abroad for at least a year after his death, we all joked that even daddy in his Grave would say 'its not me you are mourning by sitting at home cos I don't see how your sitting at home will bring me back to life'

Even yesterday me and my sister still laughed over what he would have said at a recent family scenario.

Memories are so essential meen. So essential. Create them with your loved ones cos sad as it is mostly they will remember eventually when we are gone.

It's lovely to know that u can think of ur dad and laugh about stuff he used do.

My brother and I are the same way, my brother remembers alot of my dad but I don't.

He said my dad will go and collect rent from tenants
and start counting the money on the dinning room table, then my step mum will come into the dinning room without knocking, my dad will jump off his chair shouting, why can't u knock before entering? By now he has quickly covered all the money with his agbada
my step mum will just look at him and quietly walk away, give her a few minutes and she will come back to say there is no food in the house oo, I need money. And my dad will start another round of shouting but my step mum is always very calm but she gets wat she wants from him.

Ok, pls if anyone has issues with brabus they shud open a thread and thrash it out with him.

These accusations, denials, insults etc will not help anyone.

I have gained alot from all the contributions, and look forward to coming here but all of a sudden I don't want to check the thread anymore becos of all the negativity.

Pls keep it friendly so we can all enjoy it.

cococandy:
Bebe2 thanks for sharing this awesome touching story.

U welcome sis

Swissheart:
Op you are right..... The greatest departing gift for a dying soul is comfort and love. It gives them the strength to face death like it were just a sleep. Since the eternal rest of my late sister.... ...... ... It has always dawn on me the miracle of loving/helping a dying soul.

and to think i have never thought of it like dat,

there are lots of things i wud have done differently.

our culture has also conditioned us to feel like whoever cries the loudest,

loves the deceased most, sotay pple now hire criers to funerals, smh

ojeota:
Woa!
What an emotional story.

and to think i didnt tell u about the crematorium

am feeling subdued.

brabus:
Dangote is building the world's largest single-train refinery. Interesting reads below:

http://www.bloomberg.com/news/articles/2016-01-14/dangote-set-to-meet-nigeria-s-fuel-needs-as-state-refineries-age

http://sunnewsonline.com/new/were-building-worlds-largest-refinery-dangote/

http://leadership.ng/business/470552/dangote-set-to-unveil-worlds-largest-single-refinery

https://www.naij.com/503558-us-will-train-dangote-oil-refinery-workers.html

Investment in such terrain is only for those who can see the light at the end of the tunnel. But what I can tell you is this project is on course. I do visit that area very often (at least twice a week) and it's moving so well.

then u shud know more about lands there na,

i notice u dont like to get involved in lands attall, just building

at least first hand info from the bale or someone will help.

hello to u all,

its been a long time since i posted in this section,

i just want to share an experience i had in the past week, i hope someone can gain a thing or two from it.

sorry it abit lenghty

my kids sunday school teachers husband died on last week wednesday. ( got it? na the lady dey teach my children for church
her name is doris, her husbands name is mickey, they are English)

so, back to the reason for this write up,

we went to the ladys house on sunday to visit, met her at the door, she yelled a big hello and carried my daughter
into her house and began to show us round her house.

then we sat down and she began to tell us how it happened, i know the man has been sick for awhile
he had diabetes and had a leg amputated.

got sick on xmas day and was taken to the hospital, he got diagnosed of cancer 4days later and the thing has spread.
they said he didnt have long to live, 36hrs later he was dead. on the day he died he got very sleep drifting in and out of
consciousness. so family started to travel down to say their goodbyes, his niece arrived from portugal at about 10pm, held his hand and called his name, he responded by squeezing her hands.

At about 3am that night, It was just the wife and their daughter that were left with him. his wife said, she sat on his bed put his head on her thighs , held his hand and told him it was ok to go, that she will be fine.

being that the man used to be a lorry driver, she then called his name and told him that he was going on a very long journey, that he shud get in his truck, start the engine, and asked him if he was ready, he nodded gently, she then asked him to start to move away, and she started to sing with his nick name (king of the road) a few minutes later, he completely stopped breathing.

i just sat there crying my heart out, for me it was so emotional, my mind went to the few deaths i have experienced in my family, especially dat of my elder brother, when he was taking his last breath we were all going crazy, shouting, wailing and the doctor too was shouting telling us to stop shouting.

now i sit here wondering, if my brother knew wat was going on, and if he did how did dat make him feel?
wat if one or two of us was calm enuf to sit wit him hold him and just tell him watever happens, we will be ok, mummy will be fine,
ur kids will be looked after, just some calm words to ease him into the after world.

i hope this give someone strength wen they need it becos death is inevitable, but we as a pple shud learn to compose our thoughts and behaviour even under difficult circumstances. today was his funeral service and cremation, the whole family was there very emotional but restrained. his widow sat on my table, telling us funny stories about her husbands sometimes silly behaviour, we laughed and laughed.



I aso want to implore us to show love to the sick and dying, not just by buying medicine or paying their bills, reassure them, hug them if possible, sit calmly with them and gist them positive and uplifting things.

Reach out to ur grand parents and other older relatives , u will regret it if u don't.

If u come across the scene of an accident and you DECIDE to stop, don't just get ur phone out and start snapping, see if anyone is still alive, stay with them and encourage them, take ur outer shirt or scarf off and use it to cover them if u can. tell them help is on the way. Ask them questions if they are responsive, about address, family etc. Pls dont move accident victims unless they are in danger.

Watever happens after that u knw u did something good for a fellow human being.

May GOD give us strength in our Hour of need AMEN.


Crackhaus

brabus:
Abuja don dey reach menopause. The fear of bubu is the beginning of wisdom.

A 4 unit terrace been put for sale since last year never got any good offer even at dirt cheap price.
Also, the senators are extremely cautious going by the political climate.

Better to watch for now.

ah Haa, me too knew it won't last,

Wat if some presidents comes tmrw and decides to move the capital to another state, can abuja survive it?

HVILLE:
Good day, if u want mainland and u want good return on your investment and structural sound buliding, u have to up your investment with another 5 to 8million, u can will get like 2.1,million per year that 700k per flat,location matters a lot

What part of mainland?

Pls post wat u have here

brabus:
Many people are avoiding Lekki free trade zone now like plague. Meanwhile, the informed few knew what Dangote is doing will cater for more than 25,000 people which means condos, MTUs and other flats won't be a bad idea in such area.

Or do we think Dangote will start building staff residence first?

That makes more sense to me than the white elephant Badagry-Benin 10 lane expressway.

At the end of the day, the ROI is what matters.

Wats is dangote building?

How much do u think his staff will earn?

One needs that info to know if any investment will be worthwhile .

jaybee3:
How i take abandon you oga pata pata

It's madam pata pats


U been dey throw some business come my side before, but for some time now , I never hear frm ur side.

3strike:
Oga abi na madam bebe...the infos here are hit back to back o..if you still won invest come and and get it. God bless you.

Hahaha, abi ooo see all my nairaland brothers and sisters looking out for me . God bless u all.

It's madam oo

I have learnt so much from this thread, it's king of made me stop and think.

If not for it, I wud ve wasted thing money already.

jaybee3:
How come you can't just bring yourself to believing me?

Phew !!!

You think say i no get moiney.. Mind you, i drive a £28K ranging rover cash down!!!

Hahaha, my boss wey abandon me don show. Long time no hear

3strike:
How come no one is talking about Abuja real estates?

Ehh,

The fear of boko boys is the beginning of wisdom. Lol

On a serious note, I don't know abuja, never been there. I left nigeria before all the abuja hype started.

euromilion:
Nothing really just that I am a little wiser now,I've learnt not to repeat the same mistakes twice,I've invested over 300k in Nigeria, but I ve nothing to show for it,I thank God that it wasn't borrowed,if not I would have been screwed.

Secondly,Am trying to keep your thread going for you.

Tnk u o jare, am learning alot from it.

euromilion:
I don't do risk,except it's calculated risk.
At the minute I don't see anything attractive about investing in Nigeria,the country is run by uneducated cow boys that have turn politics into business,all the big big money spent on campaign and election,they're expecting it back from you one way or another.

Bro, u seem to have been burnt by the nigeria property market.

But u not telling us wat really happened, we are here to learn and beneft from each others experience.

Pls tell us wat went wrong, Wats discouraging from investing in our fathers land ?

bugatti02:
I can help you get a land within ajah island or the mainland (Arepo)rent with dis area is very appealing we can get to talk more better via my email osayandekennethonline@gmail.com.

Hmm? Osayande ke?
U be my papa pikin? Lol

mavverick:
Bebe


Here is my view on it.

As previously mentioned, location is very important, you also have to look at infrastructure, title, accessibility and prospects. I am not going to talk about property investment in the UK, as thats a different kettle of fish, lets focus on Lagos. Brabus has already covered some points, but I wouldn't be fooled by any marketing with the figures he provided, most of those examples are not that of happy clients.


Location

Before you decide to go for any area, call random agents and ask people around locally what the location is like, read castles, find out how much rent goes for in the locality, find out what sells in that area and look at opportunities, what are other landlords doing correctly that you can learn from and what are others doing incorrectly that you can improve on. In Lagos, good location often comes at a premium but this is where cash is king and how well you can bargain. I have seen a property sell for over X million in one area and less than 200 metres away, I am being offered a plot for half of that X million (had it checked out and it all came back clear).


Ask questions and do your research well.

Dont feel bad that you are asking questions, its your money. Get a good agent, give him your brief and let him do the leg work. They will all charge you a percentage, so might as well make them work for their money, just like you do unless your are Brabus who goes around with a Van stealing materials on site and offloading materials via the black market...



Construction costs

In my experience, during construction there are just some costs that are more or less fixed irrespective of where you build. Examples include (When comparing like to like)

* Raft , irrespective of whether its in Sango Ota or Ikate, Ikate might be marginally more expensive when you consider labour etc but the difference would not be much, but the rent can be massively different. Obviously I am comparing like for like not different specifiction of raft etc.

* Window na window (If you plan to use same window on 2 sites, one that both cost 50m to build but yet one is bringing 8m in rent yearly and the other is bringing 2m in rent). I find that such costs doesnt know location, its usually very comparable.
* Blocks (Not much difference unless you make it yourself)
* Sand (This can vary)
* Cement (You use thesame cement irrespective of the area, one may gulp more than the other especially if Brabus is your builder and he has m*ss up big time)
* Iron rod (if a building needs 10 tonnes or rebars, cost almost thesame but yet rent can be wildly different across the 2 areas)
* Finishing (You can see a scenario whereby if 2 houses one in Sango and the other at Ikate, if they both use thesame finishing material, the cost is more or less thesame but the ROI is wildly different.




Be careful with some advisers

Whilst we have some dodgy contractors (not all) on NL, and some are just plain fraud and some even bury juju on your site (trust me i have seen some stones). Some say a lot of things that you want to hear, once you enter their trap. You enter one chance be that. Dont be fooled by any glossy figures, a lot of lies are behind the facade...

Now is not a bad time to invest in properties in Lagos. But be very very careful Bro. Always ensure that whatever you buy gets checked out by a good lawyer & surveyor.

Bro, tnks for the post.

Read thru all with eyes wide open. Am beginning to realise having the cash to invest is only the beginning of the challenge.

Will slow down and take my time so as not to mistakes.

Ehhh but wetin oga brabus do you, u sure got his attention

Pls u guys shud sort things out biko,