₦airaland Forum

ibadankeys:
FOR SALES , another investor's DELIGHT berth in the city's real estate market LISTINGS.......This property definitely is for the astute forward looking !

LOCATION:
Along the highly visible and commercially sought after corridor of GATE-IDI APE dual carriage way .Subject property is almost opposite YIDI praying ground and adjacent to ECO bank.

PROPERTY DESCRIPTION:
An imposing OPEN-PLAN single storey solidly built and well-maintained office building with ample off street parking lot. Ground floor:150sqm.Upper floor: 134sqm. Nestled at its side is an "L" shaped shopping centre with 20 shop units.

LAND SIZE:
Approximately 2000 sqm.

FACILITIES:
Well paved off street parking LOT * Borehole * High perimeter fence * Secure Neighborhood with a lot of banks.

ATTRACTIONS:
Very strategic location less than 5-10mins drive to high profile spots such as Bodija, Mokola, Iwo road, Secretariat, Total Garden etc.
* The last tenant was a micro finance institution.

TITLE:
Unencumbered C of O.

PRICE:
N150M or nearest offer.

FACILITIES: Well paved off street parking LOT * Borehole * High perimeter fence * Security neighborhood with many banks

For further details, please Call/WhatsApp 07016304535, e-mail: ibadankeys@yahoo.com, ibadankeys@gmail.com

ibadankeys:
"Never JUDGE a book by its cover"...... Anonymous.

" Not for Sales, BEWARE of 419"... ……these are common sights in the city's real estate landscape cutting across all the stratas of the market be it low income or high income real estate neighborhoods. These signage are however more prevalent in the middle and low income markets......Smeared on the fence walls of uncompleted, empty, fully- tenanted or even owner-occupier properties (sometimes vacant piece of land), these signs seems to sound a "big Alarm".... BUYERS BEWARE !

However with over 20 years in-depth hands on experience/skill in the in city's real estate market, we can CONFIDENTLY attest that " sometimes " these signs throw up "a more than meet the eye" scenario and the subject property could ACTUALLY be for sales !. Many would be investors/purchasers have lost INTEREST and by extension lost out on very genuine and juicy
property deals because they took these supposedly caution signages on FACE-VALUE !.

Kindly note that when you come across a "Not for sales" sign post its 70% likely the property is definitely not in the market for sales and information is TRUE, but what happens to the 30% that is FALSE !

The most painfully are those signs that bear information such as " Not for sales, beware of 419...contact owner on 080....." lf you took the pains to probe further, you might be SHOCKED that the property is actually for sales and the owner is just being discreet and the essence of the phone no was to deal with him/her one on one !. There are equally instances the "Not for sales" owner might feigned " lack of interest " to sell, only wanting you to "push or persuade" him to the Negotiations table "forcing" him to sell usually at OVER the market price.

The essences of this piece is that you should NEVER be put off by a NOT FOR SALE signs. When you come across a "Not for sales" sign in the city's real estate market adopt a "TREAD CAREFULLY approach" rather than the usual" FLEE WITHOUT A SECOND LOOK approach" which most people are known to do. As an astute investor, you will lose NOTHING by engaging the services of your TRUSTED Solicitor or Estate Agent to do/run a background check as to the correctness of the signage and of the genuineness of the property... these two professionals are KEY, you can't do with them !!

The following are instances where a "Not for Sales" CAN be a sham and that the property is actually "red hot" for SALES.
*Owner wants to sell but doesn't want information in public domain because of societal taboos of "selling your property"
*An interested purchaser has made a deposit for a property and is having challenges paying the balance after repeated demands, in order not to lose out he places a sign on the property to dissuade other bids while he makes frantic efforts to balance !
*A prospecting buyer shows interest in a nearby property ( of which he is familiar with the owner) but funds to purchase are not yet forthcoming.... in order to fence off other bids he puts a sign without owner consent while he sourced for funds !
*Warring beneficiaries of a property have finally agreed to SELL, but an influential member of the family ( probably the Eldest) wants you to deal directly with him for a CUT, thereby adopting a "difficult" altitude for you go "through" him to buy.
* There is minor issue on a property which can be resolved amicably, but to spit the other party, a faction places a CAVEAT to dissuade buyers

Please note once again these above scenarios are EXCEPTION not the NORM !......"Not for Sales" Signages are usually true, but a with a DUE DILIGENCE you might have the LAST LAUGH !

ibadankeys:
ln some climes tax evasion is considered to more criminal than burglary !.To them, a burglar probably steals from one person, but a tax evader steals from EVERYONE who has paid his or her tax ANYTIME he uses facilities provided by the Government through tax revenues which he has refused to pay !. ln actual fact this view point makes sense, thus underpinning why authorities in these in countries are for ever beaming search light on finances of citizenry to ensure their tax obligations are met or face prosecution.

ln bid to change the Oyo state tax narrative, Ajilmobi/OYSG seems determined to travel this road.... with fall in oil revenue, OYSG has no CHOICE but scaling up its IGR !.According to a recent NBS( National bureau of Stastics) report, Oyo gets an appalling 28% of its total revenue through IGR. In simple language, what these means is that for every N100 Oyo wants to spend it can only generate N28 from its IGR portal...while sister states of Lagos & Ogun are doing 75% and 65%/respectively. For those in corridors of power at AGODI, things have to change and since Oyo has no oil or better still since LAND is the "oil" of Oyo, everything from this "Land resource "
must cough out money!.

Therefore the daggers are drawn at the Ministry of Lands where Oyo lays siege for tax evaders !...These is one of the scenario that plays out: If for instance you buy a acre of land at one of the prime GRAs..(Jericho for instance) and you want to "perfect " the title, one of the requirements is the current TAX CERTIFICATES of both vendor and purchaser.The minimum/entry sum of tax clearance in Oyo is N50,000 and thinking you are "smart" you opt for this minimum. Upon the issuance of this certificate your file will go through the normal administrative processes until it gets to the Governor's Consent stage...now these where the daggers start to pierces !.Let's assume your property was valued at open market price of N21,000/per metre square × 4354sqm (1 acre)= N92M. You will therefore be required to 10% of this sum as consent fee....that's not all, the Govt will now enforce what they call "quality control" and "revisit" your earlier tax remittance of N50,000 and do a very "logic and sensible" assessment.....saying "how can a person with an asset worth N90M pay a tax of N50,000...Ole ni, o fe ja igba ole ni"!!. This is where OYSG goes for the "KILL", you will now be complied to pay additional tax payment to bring you up to a figure that tally with the current worth of your property. A lot of Deed of Assignment processing has been "shipwrecked" at this junction.

Unfortunately, Ajimobi/OYSG has every right to bear their fang and go for the jugular... Nigerian scorn taxes and Oyo state's situation is pitiable !. According to Fed inland Revenue, there 70m taxable adults in Nigeria, only 14m are captured in the Tax net, 94% of which are PAYE!. Also according to Knight frank Wealth Report there 770 billionaires in Nigeria, "only" 14 pay a tax of N20m annually and they are based in Lagos and Ogun !. Oyo therefore has a lot of work to do, but its tax drive must be "gentle" as tax is alien to the Psyche of its people !

ibadankeys:
"A cemetery in all honesty should be an earthly PARADISE 4 the
DEAD,". ---Anonymous

lts therefore dishearten that in a cosmopolitan city such as
lbadan, its society bigwigs holds burial reception in posh, classy, highbrow Event centres that cost N500k or thereabout,
after they have buried thier loved ones in an unsafe,undignified
ritualist prone church or public cemeteries than cost less than 10% of the cost of hall rentage....Why ?. No such interment
(cemetery) facilities is available in reasonable proportion in city landscape !

Death is an inevitable part of life which most mortals dread, its
therefore always a "shock" for the fainthearted that some people can actually be making money (legitimate too) from it.
Many wonder how the late M.I.C, EBONY etc can be smiling to the bank on the misfortune of others !.However a run through
the Dailies, Radio and T.V adverts(especially the obituary section) one can appreciate why....as the departed one are adorned with heart rending encomiums by thier loved ones
giving the impression that those left behind will do everything
possible to preserve thier memories.... one of which is giving
them a BEFITTING burial and a befitting FINAL RESTING PLACE
.
This is where Ibadan is found wanting...Befitting Final Resting Place !

The city in recent time have "upped its game "in giving Lagos a
run for its money in terms of high profile income generating private sector investments in the city....first class shopping malls, Grade A Cinemas, 3/4 star internationally claimed hotels, High brow Night clubs, Eye popping event centres, Mega-Gas plants,
state of the Art luxury Apartments, first class private universities etc. However the absence of a top notch state of the art private cemetery leaves a between the two sister cities.
With vast land and fairly large "market" (with the city's illustrious sons home and diaspora), some city's real estate pundit have wondered why the city can't have something in the
"resemblance"of VAULT and GARDEN, HFP's Victoria Gardens Cemetery or even lesser ikoyi Cemetery in city's landscape.

What we are advocating here is a Functional, Alluring, WELL
MANICURED cemeterial GARDEN (with well crated tombs/vaults) spiced walkways, private sit-out, magnificent in-house
CHAPEL with impeccable facilities all set and arranged in a serene, quiet,amiable Victorian lush green environment befitting for the DEAD !

Sango Cemetery which is arguably the city's popular public
cemetery is full to OVER FLOW !.Opened in 1962, 55years after
with no major upgrade, Sango cemetery is a city eye-sore...a disrespect both to living and dead !. A ritualist prone cemetery,
ibadan with its mega city status deserve better than this !

Eleven years after Asiwaju Bola Tinubu opened Vaults and Garden(2006)....one of best cemetery Spots in Nigeria, ibadan is grappling in dark for a PRESTIGIOUS final resting place.
While we acknowledge that are one or two standard and equally good private cemetertial spots in Ibadan, we believe the city can do BETTER !.

According to investigation, Vaults in the Lagos Market are segmented into low density, medium density and special sites, with price ranging from N1m to special sites of N30M-N70M.
This is a project worth exploring in Ibadan, let's get you a SITE !

For value adding real estate services in Ibadan, please Call/WhatsApp ibadankeys on 07016304535, e-mail: ibadankeys @yahoo.com, ibadankeys @gmail.com

ibadankeys:
Top of the Range brand new, beautifully designed, soildly built and finished partly SERVICED 2units of 2BR Apartments at kolapo lshola GRA.

LOCATION: Serene, Prestigous fully Tared and gated "A list" Kolapo lshola GRA.

PROPERTY: Brand New 2 no 2bedrooms Apartment with* Living/Dinning room*Main bedroom(wardrobe) ensuite* Other bedroom with wardrobe* Toilet/shower* Cute Kitchen.

FACILITIES: Brand New Split A/C* Generator* industrial borehole* Gate house/24 hours in-house security system* large premises/parking lot* Cleaners to common path

ATTRACTION: Serene, Quiet, Clean and Prestigious Kolapo Ishola Residential Community* less than 2 mins drive to the Popular GEN GAS overhead to exit Akobo* A- list Valencia College* Neighborhood Well Established PDCOS Estate, Akobo

RENT: N500k...exclusive of service charge.

For further details, Please Call/WhatsApp ibadankeys on 07016304535. e-mail: ibadankeys@yahoo.com ,ibadankeys@gmail.com

ibadankeys:
This prime Commercial property located just 2 blocks from the "Highly Sought After" and Commercially Centric CHALLENGE is most suitable for VIRTUALLY any commercial use and should thus endear discerning/forward looking investors.

LOCATION: Directly behind ZENITH BANK, Iya ni Wura Circular
interception CHALLENGE.Property is less than 20m
to the Main Challenge Road....A shouting Distance
PROPERTY: A well maintained spacious Block of 2 flats of 4BR
each with a rear 4br BQ and lock-up Garage.
LAND SIZE: Approximately 800sqm
TITLE. : Unencumbered CONVEYANCE.
PRICE. : N22M or nearest offer.
IDEAL USE: A stone-throw from the popular iya-ni Wura Round
About, this property is an INVESTOR'S DELIGHT
in terms of location, No of Rms, land size, clean title
etc. Its suitable for Corporate Offices, Shopping
complex, Clinics, Eatery, Lodges, Betting Centres
Micro-finance Disbursement Outlets, Fintechs...
name it this property is Adaptable/Convertible !
Further Details, please Call/WhatsApp ibadankeys on 07016304535, e-mail: ibadankeys@yahoo.com


This prime Commercial property located just 2 blocks from the "Highly Sought After" and Commercially Centric CHALLENGE is most suitable for VIRTUALLY any commercial use and should thus endear discerning/forward looking investors.

LOCATION: Directly behind ZENITH BANK, Iya ni Wura Circular
interception CHALLENGE.Property is less than 20m
to the Main Challenge Road....A shouting Distance
PROPERTY: A well maintained spacious Block of 2 flats of 4BR
each with a rear 4br BQ and lock-up Garage.
LAND SIZE: Approximately 800sqm
TITLE. : Unencumbered CONVEYANCE.
PRICE. : N22M or nearest offer.

IDEAL USE: A stone-throw from the popular iya-ni Wura Round
About, this property is an INVESTOR'S DELIGHT
in terms of location, No of Rms, land size, clean title
etc. Its suitable for Corporate Offices, Shopping
complex, Clinics, Eatery, Lodges, Betting Centres
Micro-finance Disbursement Outlets, Fintechs...
name it this property is Adaptable/Convertible !

Further Details, please Call/WhatsApp ibadankeys on 07016304535, e-mail: ibadankeys@yahoo.com

ibadankeys:
To the inhabitants of Ibadan, lWO ROAD needs needs no introduction !

lts serves not only as a major entry and exist point in Ibadan's
road architecture, but its also a major commercial melting point and a highly sought after business hub and Bus terminus !.
Although it exist as a dual carriage way, its is adjudged by traffic monitoring experts including the FRSC as one of the busiest route and a persistent traffic flash point in Ibadan.

A corridor of less than half a kilometer, Iwo road is a cluster
of forms of businesses/commercial activities ranging from
eateries, shopping complexes, banking, lodges/hotels, several
filling stations, fairly used electronics market, telecomms accessories market, a buildings material market and crown it up a Divisional POLICE HQ !

To show the commercial intensity of this HUB, lwo road has an array of over 15 commercial banks(excluding Mirco finance)
competing for HUGE FUNDS circulating in business hub. Infact
some financial experts estimate there are over close to a billion naira UNBANKED funds floating around lwo Road corridor thus
making it a HOT SPOT for financial institutions.

However with all its "impressive attributes" one bank is not in the least IMPRESSED.. G.T.B .!. Almighty GTB seem aloof. For the past 10 years Real Estate pundits have pulled/tried everything in the "books" to bring GTB to buy a land and build a BRANCH in lwo road, but NO WAY !. The bank does not even have an ATM BOOTH along the corridor !

GTB , Multiple Award Winning Tier 1 Bank with top notch state of the art facilities provides one of best financial services in the county. As at the last count GTB has an intimidating record of 224 branches, 46 e-branches, 1165 ATM outlets, but Iwo road is missing in action !
The question is does GTB "know something" that other don't...
thus making them(GTB) SKIP a "cash cow "corridor like lwo road.

Hiding behind the Digital Banking revolution/innovation will not
suffice as GTB recently opened an upscale Branch at "Awolowo Avenue "Bodija less than 1000metres from its "Awolowo junction "Branch.

2018, GTB should do everything to berth at IWO ROAD !

ibadankeys:
Ibadan city holds the enviable position of" first " in several landmark endeavors in Nigeria.... the city with the first TV station (WNTV), the first standard stadium (Liberty stadium), first skyscraper (25flr Cocoa house), the first university (UI), the teaching hospital (UCH). But its looks like the city is not yet done with the addition of another first to its bag of honor.....the 8floors 24hours prayer tower. This is the first of its kind in Nigeria!.

Built under the ministry of highly reversed man of GOD, Dr Moses Aransiola (GETHSEMANE prayer ministry), the eye popping tower is a beauty to behold. Nestled at the rear of the Church premises, the tower which is non denominational and always open for prayer intercession comes with a high speed elevator amongst other facilities. Dr Aransiola incidental is the Coordinator of the NIGERIA PRAYS PROJECT of which Elderstateman Gen Yakubu Gowon is the convener and chairman. Let's therefore be hearld that the ALMIGHTY who is mightly present in Redemption camp, MFM prayer city, Cannanland is also wroughting sign and wonders in Ibadan's PRAYER TOWER !

Strategically located at Eleyele water works interception, the for those seeking the of GOD, the tower is s most visit. GOD bless you !

ibadankeys:
"A cemetery in all honesty should be an earthly PARADISE 4 the
DEAD"---Anonymous.

lts therefore dishearten that in a cosmopolitan city such as
lbadan, its society bigwigs holds burial reception in posh, classy, highbrow Event centres that cost N500k or thereabout,
after they have buried thier loved ones in an unsafe, undignified
ritualist prone church or public cemeteries than cost less than 10% of the cost of hall rentage....Why ?. No such interment
(cemetery) facilities is available in reasonable proportion in city landscape !

Death is an inevitable part of life which most mortals dread, its
therefore always a "shock" for the fainthearted that some people can actually be making money (legitimate too) from it.
Many wonder how the late M.I.C, EBONY etc can be smiling to the bank on the misfortune of others !.However a run through
the Dailies, Radio and T.V adverts(especially the obituary section) one can appreciate why....as the departed one are adorned with heart rending encomiums by thier loved ones
giving the impression that those left behind will do everything
possible to preserve thier memories.... one of which is giving
them a BEFITTING burial and a befitting FINAL RESTING PLACE
This is where Ibadan is found wanting...Befitting Final Resting Place !

The city in recent time have "upped its game "in giving Lagos a
run for its money in terms of high profile income generating private sector investment in the city....first class shopping mall, Grade A Cinemas, 3/4 star internationally claimed hotels, High brow Night clubs, Eye popping event centres, Mega-Gas plants,
state of the Art luxury Apartments, High class private universities etc. However the absence of a top notch state of the art private cemetery leaves a between the two sister cities.
With vast land and fairly large "market" (with the city's illustrious sons home and diaspora), some city's real estate pundit have wondered why the city can't have something in the
"resemblance"of VAULT and GARDEN, HFP's Victoria Gardens Cemetery or even lesser ikoyi Cemetery in city's landscape.

What we are advocating here is a Functional, Alluring, WELL
MANICURED cemeterial GARDEN (with well crated tombs/vaults) spiced walkways, private sit-out, magnificent in-house
CHAPEL with impeccable facilities all set and arranged in a serene, quiet,amiable Victorian lush green environment befitting for the DEAD !

Sango Cemetery which is arguably the city's popular public
cemetery is full to OVER FLOW !.Opened in 1962, 55years after
with no major upgrade, Sango cemetery is a city eye-sore...a disrespect both to living and dead !. A ritualist prone cemetery,
ibadan with its mega city status deserve better than these.

Eleven years after Asiwaju Bola Tinubu opened Vaults and Garden(2006)....one of best cemetery Spots in Nigeria, ibadan is grappling in dark for a PRESTIGIOUS final resting place.
While we acknowledge that are one or two standard and equally good private cemetertial spots in Ibadan, we believe the city can do BETTER !.

According to investigation, Vaults in the Lagos Market are segmented into low density, medium density and special sites, with price ranging from N1m to special sites of N30M-N70M.
This is a project worth exploring in Ibadan, let's get you a SITE !

For value adding real estate services in Ibadan, please Call/WhatsApp ibadankeys on 07016304535, e-mail: ibadankeys @yahoo.com, ibadankeys @gmail.com

ibadankeys:
Millennials "traits" holds KEYS to major REAL ESTATE INVESTMENT decisions....even NOW !

For Astute Real estate investors especially players in the Middle Class Residential Market, the Nation's demographics should play a very vital role in its decision making process. Property investment should filter a thorough " due-diligence" mechanism to get the best ROI !. A recurring decimal in this filtration are the Millennials and their peculiar "wants".

According NBS( National Bureau of Statistics) Nigerians Millennials will be the 4th largest in Globe by 2040. With 70%
of Nigeria's population presently below 27years of age, it will be FOOL HARDLY not to "factor in" these "potential market" third requirements.

Empirical Ibadan "local market " real estate surveys have shown that Millennials are not likely 2 fancy large apartments...
Studio, 1,2 or at most 3 bedrooms fully/partially Serviced Apartments will be the HOT CAKES of the future !. 4brs and excessively large 3br Apartments are fast fading out especially
in High income Neighborhood such as Bodija Estate where a lot of convertion are taking place from the "good old" 4br, 5br, and 6 br Duplexes to Mini Smaller Apartments that generate higher and stable rents

There is no doubt that Millennials will want "less" space in favour or in exchange for well finished fixtures/fittings in a building coupled with top notch facilities such as gated neighborhood, large parking, in-house facilities management
system or at worse cleaners to common path, borehole, etc

A recent conversion of a 5br duplex in Middle class Neighborhood of ASHI to 3 units of 1 bedroom Apartments gave a rent increase of more than 200%. For property Developers ,communal living with top notch finishings and impeccable services and facilities especially in the luxury Apartments sector (Sales) will continue to thrive in Ibadan.

These set of people (Millennials) are mostly upward mobile
and easily flow/flock together as they nurture strong bonds, connectivity and networking with minimal beefs....so living together in a regulated, close-circuit environment with top notch facilities is key to thier well being and they are willing to pay for this INCENTIVE !

So next time you call your Architect for a new project, the question topmost on your mind should be "What do the
Millennials want in Ibadan"
?


For Value Adding Real Estate Services in Ibadan, please Call/WhatsApp us...ibadankeys on 07016304535, e-mail: ibadankeys @yahoo.com, ibadankeys @gmail.com

ibadankeys:
Before consummating the deal on that your new HOME....that property you love so much, you might need to stretch your DUE DILIGENCE on it to some "extreme". But take our word for it,these extremes are extremely important !.Its advisable you do these checks/survey before putting PEN to PAPER or you might regret it.
1)EARLY MORNING: Check out traffic to work and school.
2)MID MORNING. :Check to see if neighborhood is "simply
quiet" or dangerously "deserted"thus prone
to BURGLARY !
3)EARLY EVENING. : Check out traffic from work/school.
4) MID EVENING : Check to appraise NIGHT life in the area
is safe with flourishing neighborhood
stores OR is the neighborhood infested
with miscreants/layabouts who can pose
security challenges.
5) LATE EVENING. :Check to see General SECURITY of the
Neighborhood to see any SURPRISES or
distractions that can endanger your
sleep and peace thus making your
family run under the bed for COVER.
These is a CHECK LIST that must taken with all seriousness. The joy, happiness and longetvity of your new home may depend on it !.

ibadankeys:
With (DMBs) deposits money banks overwhelmed by ATM issues and thus delivering poor services, FINTECHs in the city of Ibadan have refused to UP thier game and fill these gaps by establishing thier FOOTHOLD in a relatively LARGE untapped market !.
With Nigeria's population growing at an alarming rate of 3% per annum with no corresponding economic growth, people are moving to the hinterland for succor, especially with regards to the issue of ACCOMMODATION....as they cant afford high cost rent/accommodation in the city centre. These has being a major challenge to the banks as they can not match these population explosion at the city's fringes/outskirts with banking facilities especially ATM services.
There over 15 non banking operators in Nigeria since PAGA was first given the MOBILE MONEY LICENCE in 2011.Paga have since established itself as a dominant player in the industry with over 120,000 agents, processing over 9.5m transactions worth over N156Billion as at 2015, but what percentage has Ibadan city in piece of data ?....as most fintech have refused to see the great potentials in the city especially at its fringes and outskirts. For some middle class neighborhood, fintechs are not visible (and if visible people are not aware of thier services due to lack of sensitization) leading to city's inhabitants spending long treacherous, cruel and avoidable hours (especially during festive holidays ) queuing for withdrawals. During the last holidays, a colleague who wanted to withdraw money at the STANBIC ATM booth in Monatan was given " No 396" on the queue !.
With improved INTERNET facilities, Fintechs need to wake up and latch on these ibadan "market" and put an end to these sense less and end less queues scattered at the city's ATM booths. With lean pockets the banks are not ready to improve these services, so the earlier fintechs fill these hug gap the better. For instance, the last ATM booth along the major and
popular BASHORUN, Ashi, General Gas, Omolayo, Akobo Ojurin ,Olorunsa Axis is at because...a Sterling Bank ATM. These listed neighborhood literally combined to form almost a city on its own !. A 3 Office Accommodation (for fintechs operations) along these commercial corridor should not be more N150,000 per annum, so Office accommodation should not be an issue to start !. Commission rates also posted here should endear attraction to Prospective Agents.

ibadankeys:
Top of the Range brand new, beautifully designed, soildly built and finished partly SERVICED 2units of 2BR Apartments at kolapo lshola GRA.

LOCATION: Serene, Prestigous fully Tared and gated "A list" Kolapo lshola GRA.

PROPERTY: Brand New 2 no 2bedrooms Apartment with* Living/Dinning room*Main bedroom(wardrobe) ensuite* Other bedroom with wardrobe* Toilet/shower* Cute Kitchen.

FACILITIES: Brand New Split A/C* Generator* industrial borehole* Gate house/24 hours in-house security system* large premises/parking lot* Cleaners to common path

ATTRACTION: Serene, Quiet, Clean and Prestigious Kolapo Ishola Residential Community* less than 2 mins drive to the Popular GEN GAS overhead to exit Akobo* A- list Valencia College* Neighborhood Well Established PDCOS Estate, Akobo

RENT: N500k...exclusive of service charge.

For further details, Please Call/WhatsApp ibadankeys on 07016304535. e-mail: ibadankeys@yahoo.com ,ibadankeys@gmail.com

ibadankeys:
Top of the Range brand new, beautifully designed, soildly built and finished partly SERVICED 2units of 2BR Apartments at kolapo lshola GRA.

LOCATION: Serene, Prestigous fully Tared and gated "A list" Kolapo lshola GRA.

PROPERTY: Brand New 2 no 2bedrooms Apartment with* Living/Dinning room*Main bedroom(wardrobe) ensuite* Other bedroom with wardrobe* Toilet/shower* Cute Kitchen.

FACILITIES: Brand New Split A/C* Generator* industrial borehole* Gate house/24 hours in-house security system* large premises/parking lot* Cleaners to common path

ATTRACTION: Serene, Quiet, Clean and Prestigious Kolapo Ishola Residential Community* less than 2 mins drive to the Popular GEN GAS overhead to exit Akobo* A- list Valencia College* Neighborhood Well Established PDCOS Estate, Akobo

RENT: N500k...exclusive of service charge.

For further details, Please Call/WhatsApp ibadankeys on 07016304535. e-mail: ibadankeys@yahoo.com ,ibadankeys@gmail.com

ibadankeys:
Millennials "traits" holds KEYS to major REAL ESTATE INVESTMENT decisions....even NOW !

For Astute Real estate investors especially players in the Middle Class Residential Market, the Nation's demographics should play a very vital role in its decision making process. Property investment should filter a thorough " due-diligence" mechanism to get the best ROI !. A recurring decimal in this filtration are the Millennials and their peculiar "wants".

According NBS( National Bureau of Statistics) Nigerians Millennials will be the 4th largest in Globe by 2040. With 70%
of Nigeria's population presently below 27years of age, it will be FOOL HARDLY not to "factor in" these "potential market" third requirements.

Empirical Ibadan "local market " real estate surveys have shown that Millennials are not likely 2 fancy large apartments...
Studio, 1,2 or at most 3 bedrooms fully/partially Serviced Apartments will be the HOT CAKES of the future !. 4brs and excessively large 3br Apartments are fast fading out especially
in High income Neighborhood such as Bodija Estate where a lot of convertion are taking place from the "good old" 4br, 5br, and 6 br Duplexes to Mini Smaller Apartments that generate higher and stable rents

There is no doubt that Millennials will want "less" space in favour or in exchange for well finished fixtures/fittings in a building coupled with top notch facilities such as gated neighborhood, large parking, in-house facilities management
system or at worse cleaners to common path, borehole, etc

A recent conversion of a 5br duplex in Middle class Neighborhood of ASHI to 3 units of 1 bedroom Apartments gave a rent increase of more than 200%. For property Developers ,communal living with top notch finishings and impeccable services and facilities especially in the luxury Apartments sector (Sales) will continue to thrive in Ibadan.
These set of people (Millennials) are mostly upward mobile
and easily flow/flock together as they nurture strong bond, connectivity and networking with minimal beefs....so living together in a regulated, close-circuit environment with top notch facilities is key to thier well being and they are willing to pay for this INCENTIVE !
So next time you call your Architect for a new project, the question topmost on your mind should be "What do the
Millennials want in Ibadan"
?

For Value Adding Real Estate Services in Ibadan, please Call/WhatsApp us...ibadankeys on 07016304535, e-mail: ibadankeys @yahoo.com, ibadankeys @gmail.com

ibadankeys:
ln some climes tax evasion is considered to more criminal than burglary !.To them, a burglar probably steals from one person, but a tax evader steals from EVERYONE who has paid his or her tax ANYTIME he uses facilities provided by the Government through tax revenues which he has refused to pay !. ln actual fact this view point makes sense, thus underpinning why authorities in these in countries are for ever beaming search light on finances of citizenry to ensure their tax obligations are met or face prosecution.
ln bid to change the Oyo state tax narrative, Ajilmobi/OYSG seems determined to travel this road.... with fall in oil revenue, OYSG has no CHOICE but scaling up its IGR !.According to a recent NBS( National bureau of Stastics) report, Oyo gets an appalling 28% of its total revenue through IGR. In simple language, what these means is that for every N100 Oyo wants to spend it can only generate N28 from its IGR portal...while sister states of Lagos & Ogun are doing 75% and 65%/respectively. For those in corridors of power at AGODI, things have to change and since Oyo has no oil or better still since LAND is the "oil" of Oyo, everything from this "Land resource "
must cough out money!.
Therefore the daggers are drawn at the Ministry of Lands where Oyo lays siege for tax evaders !...These is one of the Scenario that plays out: If for instance you buy a acre of land at one of the prime GRAs..(Jericho for instance) and you want to "perfect " the title, one of the requirements is the current TAX CERTIFICATES of both vendor and purchaser.The minimum/entry sum of tax clearance in Oyo is N50,000 and thinking you are "smart" you opt for this minimum. Upon the issuance of this certificate your file will go through the normal administrative processes until it gets to the Governor's Consent stage...now these where the daggers start to pierces !.Let's assume your property was valued at open market price of N21,000/per metre square × 4354sqm (1 acre)= N92M. You will therefore be required to 10% of this sum as consent fee....that's not all, the Govt will now enforce what they call "quality control" and "revisit" your earlier tax remittance of N50,000 and do a very "logic and sensible" assessment.....saying "how can a person with an asset worth N90M pay a tax of N50,000...Ole ni, o fe ja igba ole ni"!!. This is where OYSG goes for the "KILL", you will now be complied to pay additional tax payment to bring you up to a figure that tally with the current worth of your property. A lot of Deed of Assignment processing has been "shipwrecked" at this junction.
Unfortunately, Ajimobi/OYSG has every right to bear their fang and go for the jugular... Nigerian scorn taxes and Oyo state's situation is pitiable !. According to Fed inland Revenue, there 70m taxable adults in Nigeria, only 14m are captured in the Tax net, 94% of which are PAYE!. Also according to Knight frank Wealth Report there 770 billionaires in Nigeria, "only" 14 pay a tax of N20m annually and they are based in Lagos and Ogun !. Oyo has a lot of work to do, but its tax drive must be "gentle" as tax is alien to the Psyche of its people !

ibadankeys:
"A cemetery in all honesty should be an earthly PARADISE 4 the
DEAD"---Anonymous.
lts therefore dishearten that in a cosmopolitan city such as
lbadan, its society bigwigs holds burial reception in posh, classy, highbrow Event centres that cost N500k or thereabout,
after they have buried thier loved ones in an unsafe, undignified,
ritualistic prone church or public cemeteries than cost less than 10% of the cost of hall rentage....Why ?. No such interment
(cemetery) facilities available in reasonable proportion in city landscape !
Death is an inevitable part of life which most mortals dread, its
therefore always a "shock" for the fainthearted that some people can actually be making money (legitimate too) from it.
Many wonder how the late M.I.C, EBONY etc can be smiling to the bank on the misfortune of others !.However a run through
the Dailies, Radio and T.V adverts(especially the obituary section) one can appreciate why....as the departed one are adorned with heart rending encomiums by thier loved ones
giving the impression that those left behind will do everything
possible to preserve thier memories.... one of which is giving
them a BEFITTING burial and a befitting FINAL RESTING PLACE
This is where Ibadan is found wanting...Befitting Final Resting Place !
The city in recent time have "upped its game "in giving Lagos a
run for its money in terms of high profile income generating private sector investment in the city....first class shopping mall, Grade A Cinemas, 3/4 star internationally claimed hotels, High brow Night clubs, Eye popping event centres, Mega-Gas plants,
State of the Art luxury Apartments, High class private universities etc. However the absence of a top notch state of the art private cemetery leaves a between the two sister cities.
With vast land and fairly large "market" (with the city's illustrious sons home and diaspora), some city's real estate pundit have wondered why the city can't have something in the
"resemblance"of VAULT and GARDEN, HFP's Victoria Gardens Cemetery or even lesser ikoyi Cemetery in city's landscape.
What we are advocating here is a Functional, Alluring, WELL
MANICURED cemeterial GARDEN (with well crated tombs/vaults) spiced walkways, private sit-out, magnificent in-house
CHAPEL with impeccable facilities all set and arranged in a serene, quiet,amiable Victorian lush green environment befitting for the DEAD !
Sango Cemetery which is arguably the city's popular public
cemetery is full to OVER FLOW !.Opened in 1962, 55years after
with no major upgrade, Sango cemetery is a city eye-sore...a disrespect both to living and dead !. A ritualist prone cemetery,
ibadan with its mega city status deserve better than these.11 years after Asiwaju Bola Tinubu opened Vaults and Garden(2006)....one of best cemetery Spots in Nigeria, ibadan is grappling in dark for a PRESTIGIOUS final resting place.
While we acknowledge that are one or two standard and equally good private cemetertial spots in Ibadan, we believe the city can do BETTER !.
According to investigation, Vaults in the Lagos Market are segmented into low density, medium density and special sites, with price ranging from N1m to special sites of N30M-N70M.
This is a project worth exploring in Ibadan, let's get you a SITE !

For value adding real estate services in Ibadan, please Call/WhatsApp ibadankeys on 07016304535, e-mail: ibadankeys @yahoo.com, ibadankeys @gmail.com