₦airaland Forum

thanks for given the previlage to serve u

all relevant details and appraisal report will be sent to u in ernest.
i will like to knw what kind of investment u will like to have after reconniassance
survey and apppraisal report has been sent to u. that is, if residencial is most viable
at the end of the report, would u prefer an estate development with some numbers of housing units,
b'cos that will determine the design and the size of land required.

meanwhile i will recommend to u arc.nasir of ARCHIES EQUISIT LINKS. he has handled various project for
government, private individuals and presently handling a banks project. his sample of work will b sent to
u via an attached mail. and all details of construcion wit respect to schedule of cost and time will b communicated
appropriately.

thanks
hakir
onivehu2000@yahoo.com

thanks for ur request.

kuje is located about 20km from main city and about 8km off lugbe-airport road. in effect about 20-25mins drive from main city. it is a promising area in terms of development. the population there is quit large and lots of development are croping up there. the amenites is not quit an encouraging. there is a major tarred road thats not too good in term of its state.

land is cheap and the rent is of average and will be quit good to have an investment there now, talking about foresight, take advantage of time value for money.

alot of people are looking for were they will get a fair rent in terms of accomodation and a just unique nice estate development will just be a perfect answer to there need.

i will say yes is advisable to buy a land cos is cheap and valuable.

let me knw if u still have further questions and any real estate service u want rendered for.

thanks

The areas are maitama, asokoro, wuse, garki, utako, jabi, sun city and life camp. other coming up areas are prince and princess estate, gudu, gaduwa, lugbe, games village, gwarinpa, mabushi, kubwa and karu.

property investment in abuja cant be any better.


in respect to the mortgage, as much as u can meet the basic requirement, u are go to go.

UPDATE ON ABUJA PROPERTIES



A going concern hotel sitting on 3561.51m2 land with 10no suites furnished with a/c,

bar, multipurpose hall, dedicated generate, laundry and well landscaped @ bwari – N 35m (neg) .fully utilised


A unit of 2nos 4 bedroom semi detached duplex in a large compound with a gen house fenced with metal grill @ area 2 – N50m (govt building)


5 b/r duplex with 2 rooms guest chalet and 4 rooms BQ off aminu kano crescent @ wuse 2 – N80m

2733m2 with 2 rooms BQ along aminu kano crescent @ wuse 2 – 65m

2 b/r wing of duplex @wuse2 – 13.5m

4 b/r duplex with 2 b/r guest chalet well paved interlocking stone, standby gen, bore hole @ zone 4 – 65m

3 b/r duplex with 1 rm BQ senior staff qtrs CBN@ wuse 2 – 28m

5 b/r duplex with 2 rm BQ@ zone 6 – 50m

3b/r flat OAU qtrs @ wuse 2 – 12m

twin 5b/r duplex with 2 rm BQ each (roofed) 80% completed @ zone 6 – 45m(neg)

1200m2 (plot 571) @ guzape – N5m (offer)

3000m2 @ guzape – 10m (neg)

1000m2 not far from high court @ lugbe – 1m

1490.32m2 @ lugb1 layout – 2.5m

1000m2 with a functional bore hole FHA @ lugbe – 4m

1300m2 lugbe 1 by lugbe guest inn – 3.5m

3000m2 @ sabon lugbe – 4m

15,000m2@ lugbe – 9m (neg)

5700m2 (multi-function) @ sabon lugbe SW extension – 8.5m

1000m2 @lugbe extention – 1.2m

1141m2 @ sabon lugbe SW extention – 3.5m

2500m2 by aso estate @ sabon lugbe- 1.5m

3 nos 3 b/r FHA bungalow @ lugbe– 4m, 4.5m, 5m



1207m2, 892m2, 854m2, 829m2, 1000m2@ jikoyi – 1.6m, 1.2m, 1.2m, 1.2m, 1.3m

1340m2 @durumi area1 - 5m

3900m2 (comm) @ kado – 15m

4798m2 (clinic) @kado – 40m

1000m2 with 2 rooms BQ @ maitama – 25m

3 b/r flat in a block of 4 flats @ maitama – 13m

well finished and serviced 5 & 4 b/r house with 1 room BQ and basement @ maitama – 66m & 55m

1300m2, 1175m2, 2400m2 @ utako – 15m, 20m, 24m

3600m2, 5400m2 (comm) @ utako – 45m, 65m

1000m2, 1260m2, 1700m2, 2000m2 @ wuye – 5m, 7m, 13m, 15m

4 b/r flat with 1 rm BQ @ wuye - 15m


1300m2 by deeper life @ kado – 6m

1541m2 in housing estate @ kado – 8m


9200m2 estate plot @ asokoro – 250m (neg)

1600m2, 2200m2 off t.y danjuma str.@ asokoro – 22m, 30m

3 b/r bungalow sitting on 1500m2 with hillview @ karu -7m

1000m2 @ mabushi – 6m

1390m2 opp minister’s hill maitama @ katampe – 10m

3.5 hect @ gwagwalada – 25m

8000m2 @ gwagwalada – 1.8m

670m2 @ gwagwalada – 650,000

4 b/r bungalow on 1100m2 by specialist hospital @gwagwalada – 5.5m

3 b/r flat @ area 2 – 8m

3 b/r flat @ garki 2 – 9m

2 nos 2 b/r flats on a 1300m2 land close to conoil@ area 1 – 15m

2 b/r flat @ area 2 – 5m

6 b/r duplex with 2 rm BQ beside CBN@ garki 2 – 65m (neg)

2 units of 4 b/r duplex @ garki 2 – 85m (neg)

1000m2, 1300m2, 1488m2 @ gwarinpa – 7.5m, 7m, 10m

FHA (galadima) fenced 1300m2 @ gwarinpa- 8m

FHA estate 1600m2 with approved building plan for a block of 6 nos 3 b/r flan @ gwarinpa – 11m

4 b/r bungalow FHA @ gwarinpa – 12m

2 nos 3 b/r semi detached duplex @ gwarinpa – 15m each

1500m2, 5200m2 (hotel) @ gwarinpa – on application

2 plots by citec villa – 5m each

1300m2 @ dakibiu – 5m

1800m2, 3600m2 @ gudu – 9m (neg), 10m (neg)


IN ADDITION THERE ARE :

VARIOUS FILLING STATION FUNCTIONAL AND PLOTS FOR SALE

EXCLUSIVE HOUSES FOR SALE AND LET FOR DIPLOMATES AND PRIVATE INDIVIDUAL

FUNCTIONAL OFFICE AND SHOPPING COMPLEX FOR SALE

FARM LANDS

GOING CONCERN HOTELS AND HOTEL PLOTS

ESTATE PLOTS

COMMERCIAL PLOTS

STAY TUNED ON SUBSEQUENT UPDATE ON PROPERTIES IN ABUJA

thanks for ur enquiry. i would be posting some properties soon, just have a look and feel free to contact me at ur choice time.

evept

you asked for detached bungalow in a seren and good location. there are couples of detached 3 b/r @zone 1,7 and 6 that i know of within the range of 23-30 million naira.

as for the 3/4 bedroom duplex- there are some in a terrace form and some exclusively on there own. in a good area like phase one of abuja. we ve 3&4 b/r terrace duplex + 1 room BQ each @ademola adetokunbo cresent wuse2 - 40 &45million naira. the other 4 b/r duplex + 2rooms guest chalet, interlocking compound, standby gen, borehole @zone4 is 65million naira

but i can intensify on my search and let u knw the outcoming in my coming posting.

pls stay intune and thanks for reposing ur confidence in me.

Well, recommended area for a graduate or a house for holiday seekers is a relative thing. Being in asokoro, maitama, garki, wuse, utako or jabi will be ideal. But it comes with its cost.


Self contain or studio apartment – 200k and above p.a
1 B/R flat-300k and above p.a
2 B/R flat – 500k and above p.a
3 B/R flat – 600k and above p.a
3 B/R detached house – 1.0m and above p.a
4 B/R detached house – 1.2m and above p.a

You could get less though, but on a rear cases

The major clause is that most landlords prefer a 2years rent advance payment option, only in just rear occasion U GET A YEAR .



Do you mean buying or “design and build” for investment purposes (i.e. letting). If that is the case, then any place mentioned above is very good for investment purpose. I will suggest utako and jabi cos of the cost in land in retrospect to the rental value, You get similar value for your money in respect to maitama, asokoro, garki and wuse. But if one can afford the cost of land in these areas, is very ok too, cos of its strategic location.



But, if you want to buy properties for letting investment purposes. It all depends on your pocket, cos these areas are just great. If you read my posting on “KNOW ABUJA” hardly, do u ve places with vacant properties that’s not being taken. The further from the city centre the lesser the land value, lesser the rent and constant cost of construction. Averagely payback period is between 10-12 years on property rental investment.





No, company do not offer mortgage to student / graduate unless you meet certain conditions. Check my post on mortgage.

Most houses in city centre have pipe borne water and most without have the developers dredging bore holes except few that the buyer have to dredge themself.

So take your time in your investment decisions and feel free to get yourself informed

Participation in mortgage is not quite common in Nigeria. Though, in the advent of monetization where govt.
houses were sold out on owners occupiers, Aso Savings & Loan a PMI (primary mortgage institution) granted
mortgage facilities to various civil servants.


Though, my research so far is on Stallion Home Savings & Loan Ltd (SHSL) a PMI, i will flourish you with that
of Aso Savings and Loans on a later day.

In the interim here are the conditions for SHSL mortgage facilities


GENERAL CONDITIONS FOR OBTAINING NHF LOAN, SHSL LTD
[/b]
[b]GENERAL CONDITIONS
1. opening of savings account with a minimum of N10,000 with 2 passport
2. purchase of SHSL NHF (National Housing Fund) loan application form (N1,500) 1 passport
3. 3 months pay slips and 3 passports. If u are self employed u should know hw much u should
be paying yourself monthly. U can also arrange that with a N20,000 fee to SHSL.
4. participating actively in SHOP (i.e. Stallion Home Ownership Program ) min. of N1,000
5. photocopy of tax clearance certificate
6. must be a contributor of NHF scheme
7. Service charge 2.75% flat (both FMBN & SHSL) 0.25% FMBN & 2.5% SHSL. U will need 2 passport
to fill the Federal Mortgage Bank of Nig. form
8. Interest rate 6%
9. legal search fee (N1000 for FMBN)
10. a letter from employer


BUYING A PROPERTY
• Provisional allocation from the seller
• Evidence of advance payment from the seller
• Valuation report of the property
• Root title of the property i.e. allocation letter, certificate of occupancy ‘c of o’, deed of assignment or sublease.
• Approved building plan

BUILDING A HOUSE OR DEVELOPING A PROPERTY
• Valuation report of the property
• Root title to the property
• Approved building plan
• Priced bill of quantity BOQ
• Personal stake invested or sunk in the project (20% at least). Foundation base
could be considered as 20% of the project depending on the valuation as an overall function of the BOQ.
• Service charge 2.75% (both FMBN & SHSL)


NOTE:- SHSL will not vet a mortgage on govt developed houses that were sold out on owners occupier to civil servant.
They can give mortgage on the purchase of privately built houses by private individuals, developers and building of personal houses giving the stated conditions above.

ENQUIRE ABOUT PROPERTIES IN ABUJA THAT ‘S WHY WE ARE HERE.

thanks for ur comment. my office is located in garshi plaza at zone 3 wuse abuja. Diran Ofi & Co estate surveyors and valuers on the ground floor. the plaza is directly opposite wuse post office and on the same street with ministry of foreign affairs.

there are various mortgage institution such as ASO SAVINGS AND LOAN, STALLION HOMES SAVINGS AND LOANS LTD they are primary mortgage institution (PMI). I should be seeing one tomorrow pls stay tuned as i will b florishing you with some mortgage institution policy.

with respect to cheap land, the term cheap is relative. let me know your budget range and i can act accordingly. i will though, publicate some land tommorrow so u can choose.

as for the house u can call me to arrange for its inspection when you are ready. BUT THE EARLIER THE BETTER.

thanks once again. this my number 08056605688

in Nigeria we have not really developed our mortgage system. but, i will see some of the mortgage institution in this regards and get back to you latest Tuesday. the owners occupiers given by the government to civil servant was granted by mortgage institution. but in due course, i will clearify there stand in regards to private individual.

thanks for your comment

thanks for your enquiry. u asked about security, electricity and provision of water in this area. there are good securities in maitama, garki, wuse, apo/gudu, utako, jabi, kubwa,asokoro but that of gwarinpa is a bit less secured in respect to others.
most secured area include ASO ROCK which accomodate private people aside the presidency(surprised) asokoro and maitama others follows

electricity is fair enough in all the areas, best at maitama, asokoro, wuse2 and least in kubwa.

water is available in garki , wuse and apo areas. the remaining areas rely on bore holes and lugbe has skelental water supply

yes, as an estate surveyor i have my map, hard copy though, and if u so desire u can obtain one from the vendors.


THANKS AGAIN FOR UR COMMENT

ABUJA AS A MODEL TOWN

life in abuja is better experienced than imagined. though, this does not come without a price.the city is quite expensive. the location of abuja, the

category of people i.e social status, infrastructural facilities, organisation (with regards to building, people and activity), security,climate, recreation and

green areas.e.t.c. there are no motor bikes in the city centre or phase 1& 2 of abuja. all illegal structures has been wiped out and land documents and

titles has been unified and highly documented with a G.I.S (geographical information system)

though, with all this accolades, the major fun and high social activities remains in lagos, but not without its price too.

i will talk on various places in abuja: maitama, asokoro, wuse, garki, wuye, apo/ gudu, lugbe, gwarinpa, utako, jabi, kubwa.

MAITAMA:

this is a high brow area of abuja with lots of expensive buildings and an attractive place to the big shots in nigeria. have nice scenerio. properties are

high in value. great place to live, but, ur pocket will tell. located in phase 1. with most resedents relaying on boreholes

ASOKORO:

same with maitama, but at its adjascent. it has the seat of power located within it "ASO ROCK " nice senerio. it has a lot of relaxation places to behold.

located in phase 1

WUSE:

wuse is also strategically located. the rent are moderate relatively to the above 2 areas likewise property values. it also has a lot of prototype buildings

which were former government which are now owners occupier. good infrastructures, nice relaxation points. wuse is divided into zones such as zone1, 2 ,

3, 4, 5, 6, 7. we also have wuse2 which shares charasteristics like maitama and asokoro. well centralised an exceptional of other wuses.located in phase 1

GARKI:

garki is similar to the nominal wuses, with same charasteristics. beautiful and nice to live in. we have garki area 1, 2, 3, 7, 8, 10. located in phase 1

WUYE:

is a nice new layout with ministry of finance quarters located within a high promising area. land value is relatively moderate. it is located in phase 2 of

abuja. rent here is far lower than the above mentioned location.

APO/GUDU

this is a nice and coming up area and the home of your esrstwhile senators and reps. sweet location, good nice estates within this area such as gaduwa

estate. you will love the area. it is in phase 2 of abuja. 2min drive to the city centre.

LUGBE:

this is located along airport road just after the city gate. there are lots of private estates located along this axises. lugbe is a predominant govt estate

now on owners occupier. there are good private houses built around. lots of motor bikes around. the roads are not that good as compared to the main

city. it is about 10min drive from the city centre. is a feature promising area. rent is cheap here as well as land values.

GWARINPA:

this is one of the largest single unit estate built in africa, having more than 2000 housing units well landscaped and beautified . the housing units cuts

across all strata of social groups. it has its high, medium and low density areas. rents are cheap there. there are absents of motor bikes. pipe borne

water is absent and they rely more on bore hole. you will love to own a property there.

UTAKO & JABI:

these are also a high and medium brow area. good senerio, good road networks. moderate rent. at jabi there is an artificial lake that has portrayed class

and clustered by highly place personalities. land around this area is now a "hot cake ". the housing design there are superb. the infrastructures are of

high class. if u ask me, my pefrence.

KUBWA:

this is the lagos of abuja. it is located at the outsketch of the major town. densely populated and conjested houses. the rent are cheaper than any of the

above mentioned areas. traffic to work and back is a very busy and crowded one. the intra roads and infrastructure are not too good. you have lots of

motor bikes. you can bet you are in lagos (laugh)


this is just a tip of abuja. so have fun any time you are in abuja. YOU ARE WELCOME TO THE SEAT OF POWER

mr babasin
is good to know you are interested. well there are mortgage facilities in abuja such as ASO savings and loans. most civil servants that bought over there houses on owner occupiers used the mortgage facility. but it goes with protocols which cant be exhausted right now.
coming to your interest in the properties. i will like to knw if is 1 of d unit or the 2 u are interested in. and do u want it for your self or on behalf of a client.
and also if you reside in abuja. you can get my contacts from the above posting.

thanks, i will b looking forward to your prompt call.

a big thanks for ur contribution. i will try it out. pls focks i will love ur contribution on this, it could be the lee way to a better feature.

yes, am a real estate surveyor in abuja. if u could see as i ve stated. there are more of commercial lands and that dont come cheap in abuja. well the term cheap is relative. if u ar e conversant with abuja market you will knw that, thats just the price. the residential lands are quite cheap.

thanks for ur comment anyway we need more of this to improve on our service

HERE ARE SOME HOT PROPERTIES IN ABUJA. GET A BUYER AND CUT YOURSELF A DEAL.

note: in respect to land make sure you go for search at "Abuja Geographic Information System" (A.G.I.S). located at kumasi cresent off aminu kano way,

wuse 2 abuja.

look at item 10 of the recertified "certificate of occupancy" c of o. for the land use and stick to it.

we go through with design 2D, 3D and its approval from the relevant authority.

for the case of any complication; mail or call onivehu2000@yahoo.com 08056605688

LAND

1.2 hectares (commercial) @central area- 150m

6000m2 (commercial) @central area- 100m (neg)

5000m2 (hotel) @central area- 150m (uncompleted structure)

4000m2 (commercial) @asokoro- 200m

6000m2 (hospital/commercial) @gudu- 45m

4300m2 (commercial) @gudu/apo- 50m

6000m2 (commercial) @gudu- 70m

2300m2 (comm) @garki - 200m

1111m2 (comm) @ gudu- 15m

2000m2 (resi) @wuye- 15m

1800m2 (res) @ wuye- 13m

1706m2 (res) @ garki - 25m neg

1500m2 (res) @ jabi - 15m (3 nos plot)

3200m2 offer (res) @ mpape- 4m neg

6900m2 (comm) @ jabi - 65m

2800m2 (res) @ wuse 2 along ademola adetokumbo suitable for bank- 200m .( the title can be converted)

1400m2 (res) @ maitama- 38m

2 hect @ idu industrial area- 70m

1500m2 (res) @ maitama- 27m

3 hect (hotel) @ jabi - 100m

1800m2 (comm) @ wuye/utako - 20m

more land brief to come in a later update

HOUSE

3 bedroom flat @ gwarinpa- 8m (ono)

3 bedroom semi-duplex @ kado estate -14m neg

4 & 5 twins duplex with 3 room bq each on aminu kano way strategically located - 170m

shopping complex along aminu kano way fully occupied with a revenue of 92.6m annually- 1billion neg

2 nos 3 bedroom tarrace duplex @ area 1- 13m each

2 bedroom flat @ zone 2 1st floor- 6m

3 b/f ground floor @ zone 2 - 8m (renovated)

3 b/f 2nd floor @ zone 2 - 7m

3 b/f 2nd floor @ zone 7 - 8m (renovated)

more update will be brought to u subsiquently

REMEBER GET URSELF A DEAL

HERE ARE SOME HOT PROPERTIES IN ABUJA. GET A BUYER AND CUT YOURSELF A DEAL.

note: in respect to land make sure you go for search at "Abuja Geographic Information System" (A.G.I.S). located at kumasi cresent off aminu kano way,

wuse 2 abuja.

look at item 10 of the recertified "certificate of occupancy" c of o. for the land use and stick to it.

we go through with design 2D, 3D and its approval from the relevant authority.

for the case of any complication; mail or call onivehu2000@yahoo.com 08056605688

LAND

1.2 hectares (commercial) @central area- 150m

6000m2 (commercial) @central area- 100m (neg)

5000m2 (hotel) @central area- 150m (uncompleted structure)

4000m2 (commercial) @asokoro- 200m

6000m2 (hospital/commercial) @gudu- 45m

4300m2 (commercial) @gudu/apo- 50m

6000m2 (commercial) @gudu- 70m

2300m2 (comm) @garki - 200m

1111m2 (comm) @ gudu- 15m

2000m2 (resi) @wuye- 15m

1800m2 (res) @ wuye- 13m

1706m2 (res) @ garki - 25m neg

1500m2 (res) @ jabi - 15m (3 nos plot)

3200m2 offer (res) @ mpape- 4m neg

6900m2 (comm) @ jabi - 65m

2800m2 (res) @ wuse 2 along ademola adetokumbo suitable for bank- 200m .( the title can be converted)

1400m2 (res) @ maitama- 38m

2 hect @ idu industrial area- 70m

1500m2 (res) @ maitama- 27m

3 hect (hotel) @ jabi - 100m

1800m2 (comm) @ wuye/utako - 20m

more land brief to come in a later update

HOUSE

3 bedroom flat @ gwarinpa- 8m (ono)

3 bedroom semi-duplex @ kado estate -14m neg

4 & 5 twins duplex with 3 room bq each on aminu kano way strategically located - 170m

shopping complex along aminu kano way fully occupied with a revenue of 92.6m annually- 1billion neg

2 nos 3 bedroom tarrace duplex @ area 1- 13m each

2 bedroom flat @ zone 2 1st floor- 6m

3 b/f ground floor @ zone 2 - 8m (renovated)

3 b/f 2nd floor @ zone 2 - 7m

3 b/f 2nd floor @ zone 7 - 8m (renovated)

more update will be brought to u subsiquently

REMEBER GET URSELF A DEAL

compliment of the season folks, am a real estate graduate and also nurse the ambition to be an entrepreneur. i want to go into hatchery of poultry

birds.i have my feasibility report at hand and a highly experienend personel with over 7 years of wealth of experience who still currently heads the

department of hatchery in an agricultural institute in kaduna as well as an agriculturist (animal production) and a vertinery doctor in the team of

business. is a very highly rewarding venture but of high capital input (looking at 20,000 capacity production a month @ #8m).

THE QUESTION HERE IS HOW CAN ONE RAISE THIS FINANCE. even, if the equipment is provided and we left with the logistics am positive within 4-6

months all loan will be paid.

WE ARE ALSO OPEN TO INTERESTED FINANCIALS WHO ALSO WANT TO BE A STAKEHOLDER IN THE VENTURE

i will love to knw if it is your direct brief, d prices involved. pls send the list of properties to my mail box onivehu2000@yahoo.com and dont forget to indicate the land uses be it commercial or residential and if it is a new c of o. we could do business my number 08056605688

u did not state d country or the city and specific location of your property. pls make it more explicit. thanks

have you ever thought of leasing, disposing or acquiring a property in abuja be it land or building in a geniune and transparent way. we've got it all as a young and dynamic estate survayor in abuja. name your choise of property and we get it for you within a matter of days.[color=#000099][/color]  FOR YOUR INFORMATION THERE ARE CHEAP PROPERTIES FOR ACQUISITION; LAND(COMMERCIAL AND RESIDENTIAL), BUILDINGS (GOVERNMENT HOUSES) take advantage of this offer while it last. for more briefing mail onivehu2000@yahoo.com or proodassociates@yahoo.com. call for the list of properties today and get yourself a deal