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Properties / Why You Should Purchase A Land From A Reputable Real Estate Company by Chibu100(m): 1:51pm On Apr 16, 2021
You must have seen or heard a lot of people who have been scammed of their life savings when purchasing a property. In other not to fall into that category you have to purchase from a reputable company. Here, are some of the reasons why you should purchase from a company:

● No omo onile threat: if you have experienced the case of omo onile, you will never want to have anything to do with them. They can serve as a threat to you and your property. Buying from a real estate company, you don't have to worry about them. Because all issues that may arise has been settled and done for you with processes necessary to be done.

● Safe & secure: one of the most interesting things about buying from a real estate company is that, you can invest and leave it for as long as you want without checking back on it until you are ready to see it again. Your property would be intact and nothing even a bit will be out of portion.

● Rapid development: this is one of the major reasons because once you own a part of the estate and you are not ready to start development. Other development will be ongoing around your property, which leads to an increase in the value of your investment.

● Documentation: if you know the stress you will go through when you want to acquire some necessary documents on a property you will never buy outside a reputable company.
The documents will be gotten for you, all you need to do is demand and make necessary payment after purchasing the property and get it with ease.

● Peace of mind: having a property with a real estate company gives you the luxury to relax because your property remains yours anytime any day. You can decide what to do with them when you want and at anytime.

Properties / Some Property Laws In Nigeria by Chibu100(m): 1:15pm On Apr 02, 2021
• Land use act(1976) Act CAP L5 LFN 2004: This is the most law regulating and governing issues relating to land/property ownership & transaction in Nigeria. It was promulgated by the then head of state Gen Olusegun Obasanjo on the 29th of March 1978.
The act vested all land compromised in territory of each state (except land vested in the Federal Government or its agencies). solely to the Governor of the state, who would hold such land in trust for the people and would henceforth be responsible for allocation of land to individuals or organization resident in the state.

•Land instrument registration laws: The law was enacted to regulate registration of instrument that are executed prior to and after the establishment of the act in Nigeria. Registrable instrument includes an estate contact, a deed of appointment or discharge of trustee containing expressly or impliedly a vesting declaration affecting any land. The law seeks to guarantee genuine land title documents that have been investigated and registered by the registrar of titles in each state of the federation.

• Rent control and recovery of premises acts: The rent control and recovery of premises acts was enacted in each state of the federation to guide and regulate all matters relating to landlord-tenant relationship in any residential property lease transaction. The main purpose for the enactment of this law was to restrict the common law rights of a landlord with the intent of regulating the recovery and restraining unlawful eviction of the tenant from the landlord's premises. The law spells out the proper procedure which a landlord should take in recovering possession of his/her residential property from the tenant after expiration of the rent period. These procedures are primarily spelt out so as to protect the tenant against that of the landlord.

• Tenement rate laws of Nigeria: Tenement or property rating is a form of tax levied on landed properties by some local government authorities in Nigeria to raise additional revenues required for specific developmental projects within such local government area. The law is enacted to impose tax on built up landed properties in Nigeria which is collected at the local government level on owners of such built up properties.
The premise for enacting of the law is to levy property owners towards contributing to raising additional funds for infrastructural development projects been embarked upon by the local government authority where such property is situated. Every state in Nigeria has their own tenement rate laws at the local government level applicable to built up properties.
Properties / Hebron Gardens by Chibu100(m): 12:34pm On Mar 31, 2021
Hebron gardens is located at the heart of Ibeju-Lekki, it's a well sort after property that has a dry land.
Hebron gardens is gazetted and free from any government acquisition.
A full plot goes for N10m and 300sqm goes for N5m.

Limited plots available. Call 08148402280 or WhatsApp 08093914783 to book a free site inspection.
Properties / Tips For A Real Estate Investor by Chibu100(m): 3:49pm On Mar 26, 2021
• Find properties in emerging neighborhoods.
• Diversity your investment that is in different locations.
• Don't over leverage yourself. Don't seek for too much loan.
• Do your homework before listening to any paid advisor.
• Leverage the experts.
• Get to know your market.
• Know your tax laws.
Properties / Procedures In Purchasing A Land by Chibu100(m): 8:45am On Mar 19, 2021
• Find a land for sale: you can do this by searching online, blogs, social media or you can speak to a real estate agent who can aid you in searching for a land that fits your specification.

• Land specification: after you must have seen a land you want to purchase, make sure that land fits your specification. For instance if you want a water front property make sure such land has a water front so you don't get disappointed when you visit the land. Also, watch out for the utilities available.

• Site inspection: this is one of the most important procedures when purchasing a land. It is highly advisable that you are present to inspect the land, see it physically and know if the land suits your specifications.

• Carry out a due diligence: get the help of a professional for this to make sure the documents and every other thing is intact including the land title. Failure to carry out a due diligence may cost more in future.

• Carry out a survey: it is important to have a land surveyor look at the plot of land before buying. The surveyor will be able to mark out all necessary boundaries.

• Make an offer: this can be done in writing or verbally.

• Proceed to make payment: after the offer has been accepted make payment and make sure all transactions are properly documented.

1 Like

Properties / Max Ville by Chibu100(m): 6:14pm On Mar 17, 2021
This beautiful estate is located in Ode-Omi, Ibeju-Lekki.

Neighborhood:
• Lekki free trade zone
• LA campaigne tropicana
• Dangote refinery
• Pan Atlantic University

Title: registered survey and deed of assignment

price/Size:
N350,000 300sqm
N700,000 600sqm

Estate feature:
• good road network
• streetlights
• gated and secured environment
• prompt allocation
• drainage system

Limited plot available. For further enquiry or site inspection call 08148402280 or WhatsApp 08093914783
Properties / Eden Waters by Chibu100(m): 6:52am On Mar 01, 2021
This is a brand new luxury estate in the new Lagos, located in Ibeju-Lekki. This estate gives you the best nature has to offer an ocean view.
Eden waters topography is 100% dry land. The estate sells at an affordable rate of N1,000,000(600sqm) payable within 3 months. 300sqm is also available.
Call 08148402280 or WhatsApp 08093914783 for further enquiries or to book a free site inspection.
Properties / Max Height by Chibu100(m): 2:16pm On Feb 10, 2021
This estate is located in Okosokun/Okun Aboreji, Ibeju-Lekki Lagos.
Title: Deed of assignment & registered survey.
Estate features: • Lagoon front • Perimeter fencing • Good road network • Garden & landscaping etc.
Neighborhood: • Lekki free trade zone • Lekki seaport • LA campagine tropicana • Pan Atlantic University
For further information call 08148402280 or WhatsApp 08093914783
Properties / Eden Waters by Chibu100(m): 7:46am On Feb 08, 2021
This estate is located in Ode-Omi, Ibeju-Lekki, Lagos state. The land is 100% dry with a view of the ocean.

Title: Survey & deed of assignment.

Landmark:
• Lagos free trade zone
• Dano milk factory
• Deep seaport
• Dangote jetty
• Kellogg cornflakes etc.

Size/Price:
600sqm: N1,000,000(payable within 3 months)

Call 08148402280 or WhatsApp 08093914783 to book a free site inspection.
Properties / Some Real Estate Terminologies by Chibu100(m): 7:29am On Feb 05, 2021
• Appraisal: this can be defined as determining the value of a property. This can be done by comparing the sales price of properties in that area.

• Amortization: is the process of combining both interest and principal in payment, rather than simply paying off interest at the start. This allows you to build more equity in the property early on.

• Inspection: are required once a potential buyer makes an offer. The purpose is to check that the property is in good shape.

• Due diligence: is a period of time where a buyer fully examine a property, often by hiring experts to inspect the property, perform tests etc so that a buyer may decide on how to proceed.

• ROI( Return On Investment): refers to the measurement of the net profit of an investment property, relative to its total cost. A high ROI indicates favorable yields for the investor.
Properties / Salvation Gardens by Chibu100(m): 1:16pm On Feb 02, 2021
This is a waterside property located in Ode-Omi, Ibeju-Lekki.
Neighborhood: • LA Campaigne tropicana • Lekki free trade zone • Dangote refinery.
Title: Registered survey and Deed of assignment.
Size/Price: 600sqm- N1,200,000(payable within 6 months on outright)
Get A a FREE plot when you buy five.
To book a free site inspection call 08148402280 or WhatsApp 08093914783
Properties / Some Land Terminologies You Need To Know (part 2) by Chibu100(m): 7:50am On Jan 29, 2021
• Hectare: A unit of area in the metric system equal to 10,000 sqm or about 2.47 acres.

• Partition: The legal process by which a parcel of land is divided between several joint owners.

• Survey: The drawing and accompanying text prepared by a surveyor showing the boundaries of a tract of land, to determine the boundaries and size of a piece of property.

• Title: Ownership of a specific tract of land, the document stating the ownership.

• Due diligence: This is done by the buyer to fully examine a property, often by hiring experts to inspect the property, perform tests etc.

• Offer: This is the initial price offered by a prospective buyer to the seller. A seller may accept the offer, reject it or counter with a different offer.
Properties / Some Land Terminologies You Need To Know (part One) by Chibu100(m): 8:27am On Jan 15, 2021
When purchasing a land, there are terminologies used by the agent which you might not under. Below are some of the popular terminologies.

•Acknowledgment: This can be defined as a formal statement written at the end of a deed in other to certify the validity of the document. Acknowledgement of a deed implies that the interested party was physically in the courtroom on the day the deed was recorded to swear to the authenticity of his signature.

• Assignment: A transfer, in writing, of right, title or interest in a property.

• Deed: A written agreement conveying real property (land) from one person to another, or transferring title, in exchange for a specified term called consideration.

• Consideration: The amount given in exchange for a piece of property grant. The process by which land is transferred from a government or proprietor to the first private owner or title holds of a piece of property.

1 Like

Properties / Praise Gardens by Chibu100(m): 8:27am On Jan 13, 2021
Praise gardens is located in Oshoroko, Lekki Free Trade, Ibeju-Lekki, Lagos.
100% dry land
Title: C of O
Landmark: • Dangote Refinery • Lekki free trade zone • Dangote jetty • La Campagne tropicana • Lekki deep seaport • Alaro city
Size/Price: 300sqm: N3,375,000 600sqm': N6,750,000
To reserve a plot call 08148402280 or WhatsApp 08093914783
Properties / Flourish City by Chibu100(m): 8:39am On Jan 06, 2021
This estate is located in Oshoroko town. It shares boundary with Dangote quarters along Lekki Coastal road, free trade zone axis, Ibeju-Lekki, Lagos.

Title: C of O

landmark:
• Lekki free trade zone
• New Lekki international airport
• Lekki deep seaport
• Dangote refinery
• Power oil
• etc

Features:
• 100% dry land
• Gate house & perimeter fencing
• Road network
• Street light
• Drainage
• etc.

Size/Price:
300sqm: N3,750,000
600sqm: N7,500,000

Get a FREE plot when you buy 3 plots

For site inspection and further enquiries call 08148402280 or WhatsApp 08093914783
Properties / Why You Need To Purchase A Land In A Less Developed Area by Chibu100(m): 8:22am On Jan 01, 2021
• Lands located in a less developed area are easily accessible unlike developed areas. This is so because developed areas are fully occupied. You can hardly see an empty land in a developed area also, lands in less developed area are cheap.

• Getting a land in a less developed area gives you the opportunity to design and build whatever you consider suitable. It's difficult to get a property that suits your taste in a developed area. You might have to buy a property and pull it down. Lands in less developed areas gives you the flexibility you need to innovate and customize.

•Getting a land in a less developed area gives you a huge profit margin that is made possible due to the lower capital outlay.

• Purchasing a land in a less developed area is really cheap which gives the lower income earners an opportunity to build wealth.
Properties / Ways To Invest In Rest Estate by Chibu100(m): 11:02am On Dec 25, 2020
A great number of people have a passion to invest in real estate but don't have adequate funding, knowledge and time. This doesn't stop you from investing in real estate because there are several ways you can invest without putting in lots of money, knowledge and time. Here are a few:
• Rental properties: owning rental properties can be a great opportunity for individuals with do it yourself and renovation skills and have the patience to manage tenants. However, this strategy does require substantial capital and knowledge, but it can be financed with a loan.

• Real Estate Investment Group (REIG): there are ideal for people who want to own rental real estate without the hassles of running it. Investing in REIG requires a capital cushion and access to financing.
REIG are like small mutual funds that invest in rental properties. In typical REIG, a company buys or builds a set of apartment blocks, then allows investors to purchase them through the company, thereby joining the group. The company operating the investment group collectively manages all of the units, handling maintenance, advertising vacancies and interviewing tenants. In exchange for conducting these management tasks, the company takes a percentage of the rent.

• House flipping: this is for people with significant experience in real estate valuation, marketing and renovation. House flipping requires capital and the ability to do or oversee repairs as needed

• Real Estate Investment Trust (REIT): this is best for investors who want portfolio exposure to real estate without a traditional real estate transaction. A REIT is created when a corporation uses investor's money to purchase and operate income properties. REIT are bought and sold on the major exchange like any other stock.
Properties / Premium Vintage Garden by Chibu100(m): 6:16am On Dec 23, 2020
This estate is located in Adeba, by Lakowe Lakes Golf Course, Ibeju-Lekki.
100% dry land.

Title: Governor's consent, C of O, registered survey and deed of assignment.

Size/Price:

600sqm: N12,500,000

For site inspection call 08148402280 or WhatsApp 08093914783.
Properties / Forms Of Real Estate Investment by Chibu100(m): 2:57pm On Dec 18, 2020
Real estate investing is still one of the best investment vehicle, that has stood the test of times. Many people have gained financial independence by investing in different forms of real estate, it is advisable to pick a niche and focus on it. No form of real estate is better than the other, so just pick the one you understand and invest in it.

Before diving into the different forms of real estate investment that may be available to you, you should know that most real estate investors do not purchase real estate directly in their name. Most investors purchase their investment using a limited liability company or limited partnership.

The following are the forms of real estate:
• residential: residential structures are properties such as houses, apartment buildings, town houses and vacation houses where a person or family pays you to live in the property.

• Commercial: commercial properties consist mostly of office buildings and skyscrapers. If you were to take some of your savings and construct a small building with individual offices, you could lease them out to companies and small business owners who would pay you rent to use the property.

Industrial: industrial real estate consist of everything from industrial warehouses, storage units, car washes or other special purpose real estate that generate sales from customers who use the facility.

Retail: retail properties consist of shopping malls, strip malls and other store fronts.

Mixed-use: mixed-use properties are those that combine any of the above categories into a single project. For example a mixed use 3 storey office building surrounded by retail stores.

1 Like

Properties / Grandeur Peninsula by Chibu100(m): 8:16am On Dec 16, 2020
This estate is situated in Abijo GRA. It's a 5 minutes drive from shoprite Sangotedo.

Neighborhood:
• Corona school
• Lufasi nature park
• Choirs garden
• Caleb international school
• Other residential estate.

Title: registered court judgement

Size/price:
450sqm N9.5m(payable within 3 months)
6 months and 12 months installment plan available.

Call 08148402280 or WhatsApp 08093914783 to schedule a free site inspection
Properties / Imperial Estate by Chibu100(m): 7:29am On Dec 15, 2020
This estate is located at Jikwoyi a well developed area in Abuja.
Landmark: • CBN directors quarters • Christ embassy • Customary court • Loyola Jesuit • Government secondary school Karo.
Title: C of O(FCT/MZTP/LA/05/MISC 9043)
size/price: 500sqm: N3,500,000
6 months N4,000,000 12 months N4,500,000 Call 08148402280 or WhatsApp 08093914783 to book a free site inspection.
Properties / Procedure To Get An Excision Title (part Two) by Chibu100(m): 10:22am On Nov 08, 2020
cool Preparation of survey description: In case the governor's office approves the excision request, the office of the surveyor general is immediately notified, so that a full perimeter survey of the proposed area is conducted within 30 days.

9) Preparation of layout plan: registered town planners of the community, families or individuals involved in the land excision application will be commissioned to draw a layout plan for the proposed piece of land, which is then submitted to the state's ministry of physical planning and urban development for approval.

10) Execution of indemnity agreement: the grantees of the land shall be required to enter into an agreement with the government, binding them to take the land in full and final settlement of all claims that have been on the land in the past. Likewise, the grantees will agree to indemnify the government against damages due to encroachment or vandalization of land caused by relatives, agent and members of the community outside the area of excised land.

11) Publication in state official gazette: When all the conditions above have been fulfilled, the technical committee publishes the land in government official gazette.

12) Publication in newspapers: the official gazette will also be published by the technical committee in at least, one widely read newspaper. The purpose of the publication is to inform the general public of the status of the land. The boundaries of the excised land and provide other relevant details. The applicant is required to bear the cost of the newspaper publication.
Properties / Regent City by Chibu100(m): 12:44pm On Nov 02, 2020
This estate is located in Eleko, facing the coastal road. The estate is 6 minutes drive from Eleko beach and 8 minutes drive from Eleko junction. The best part is the estate has an ocean view.

Title: Gazette.

Size/Price:
300sqm: N1,100,000
600sqm: N2,200,000

Buy 4 plots and get 1 plot free.

To book a site inspection call 08148402280 or WhatsApp 08093914783
Properties / Procedure To Get An Excision Title by Chibu100(m): 4:17pm On Oct 16, 2020
1) Application for excision: the first step is to send a land excision application to the state government alongside other relevant information such as the history of the community, traditional ruler of the community, population, major occupation etc.

2) Processing by technical committee: after the application has been received, it would be sent to the technical committee of Land Use Allocation Committee.

3) Survey charting: the survey of the land to be excised will be handed to the surveyor general who will go through it and see of the requested excision falls under acquired areas by government, if it does the application will be rejected.

4) Physical site inspection: once it has been approved by the surveyor general, the technical committee will carry out a site inspection on the site. This is done in other to ascertain the authenticity of the claims made in the application.

5) Conformity to master plan: after inspecting the site, the technical committee will make sure the intended use of the land conforms to the master plan for the respective area.

6) Submitting of report to the LUAC: after due processing, the technical committee generates a report and send it to LUAC. This report contains all the files obtained on the land and their findings on-site inspection as well as their opinions on the granting or the revocation of the application.

7) Consideration by the LUAC: recommendation to the governor, the LUAC review all the documents submitted by the technical committee and give a final opinion and recommendation to either approve or refuse the excision request to the state governor with appropriate reasons.

Here are some of the steps, part 2 will be out next week.
Happy weekend.
Stay safe.
Properties / Praise Gardens ll by Chibu100(m): 7:31am On Oct 12, 2020
This magnificent estate is located at Itoru village, Ode-Omi, Ibeju-Lekki.

Landmarks:
• Lekki free trade zone,
• Lekki deep seaport,
• Dangote refinery,
• LA campaigne tropicana etc.

Size/Price:
300sqm: N500,000
600sqm: N900,000

Limited plots available. Call 08148402280 to book a free site inspection
Properties / Do You Want To Purchase A Land? Here Are Some Tips by Chibu100(m): 7:32am On Oct 09, 2020
1) Be clear about why you are purchasing the land: You have to know why you are buying the land. Is it for investment purpose or you want to build a family house? You need to a plan for the plot because it will determine what and where you buy.
2) Focus on areas with growth potential: Location is really important. Search for areas that have great potential, don't just buy anywhere because it's cheap or expensive.
3) Make sure the land is properly documented: Make sure all necessary documents are available. If you don't know how to go about it contact a lawyer.
4) Always treat the purchase of a land as a long term investment: You are not likely to make a quick profit on a land in the present climate, so it is sensible to play the long game and try to judge the optimum time to develop on the land or to sell it.
Properties / Pearl Park Estate by Chibu100(m): 7:17am On Oct 07, 2020
You can stop your search for that land you have been looking for because Pearl park estate has all your needs. Pearl park estate is located at Otolu, Ibeju-Lekki. The land is 100% dry and has a title of excision and registered survey. Once you make payment you get allocated instantly.

Landmark:
• la campaigne tropicana,
• Lekki free trade zone etc.

Size/Price:
450sqm: N2,250,000
600sqm: N3,000,000

To book a free site inspection call 08148402280
Properties / Making Money Owing Real Estate by Chibu100(m): 7:23am On Oct 02, 2020
You don't really make money until you make money while sleeping. There are good investments out there, but the best that can make you money in your sleep is real estate. Today, we would be looking at how to make money while sleeping but first, what is real estate?
Real estate can be defined as a land along with any permanent improvement attached to the land, whether natural or man-made including water, trees, minerals, buildings, homes etc.
There are many ways you can make money owing real estate but we will discuss a few below:
• house hacking: this involves you renting out portions of your primary residence to generate income. For example you live in a 2 bedroom apartment. You can rent out a room to generate extra income.
• house flipping can be described as the process of buying, rehabbing and selling properties for profit.
• land: You can rent out your land or sell it after it has appreciated.
•Owning houses on a long term basis: owning commercial, residential or industrial buildings are some of the best forms of real estate because you can rent them out and as the year go by you can increase your rent.
These are some of the ways you can make money owing real estate. Select one that suits your personality and generate extra income. Have a nice weekend.
Properties / Maplewood Plus by Chibu100(m): 12:16pm On Sep 30, 2020
Once you buy into Maplewood plus at Ibeju-Lekki, you will instantly know that you have secured a goldmine for yourself.
Going for a promo price of N1,700,000( instead of N2,500,000) a whooping discount of N800,000.
Discount ends soon
Directly opposite La Campaigne Tropicana at Ibeju-Lekki.100% dry land with perimeter fencing and gatehouse 70% done.
To reserve a plot call 08148402280
Properties / Beach Haven by Chibu100(m): 7:30am On Sep 28, 2020
This beautiful beach front is located at Lapia community by LA Campagne tropicana, Ibeju-Lekki.

Title: Government Excision

100% dry land

Neighborhood:
• the new international airport
• Lekki free trade zone
• Dangote refinery
• Forth mainland bridge

Estate features:
• Perimeter fencing
• Good road network
• Good security
• Good drainage system
Size/Price:
300sqm: N1,900,000
450sqm: N2,850,000
600sqm: N3,800,000

Call 08148402280 to reserve a plot
Properties / Oasis Garden Phase 3 by Chibu100(m): 5:15pm On Sep 21, 2020
This magnificent beach front property is located at Ilagbe village free trade zone, few minutes drive from lekki free trade zone.
Amazing benefits of owning a land in Oasis garden are:
• you are guaranteed a maximum return on your investment,
• the estate is located in a strategic environment,
• close proximity to free trade zone etc

size: 600sqm

You can get a free plot by purchasing 2 plots of land which goes for N2.5m each. Limited plots available. Call 08148402280 to reserve a plot

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