₦airaland Forum

@ Sagewood,
Thanks for your advice. I appreciate it.

But loans? I am a bit scared of the effect the over 20% rate will have on the payback period. And, i think loans are still very tough to get here.

Thanks again. I am thinking harder now.

closed

I am hooked to this thread. Keep it coming guys, before i make a ''fatal'' mistake with my Enugu investment plans. And come to think that many of us may not see N50m that many times in this life! There must be some ''faster money'' approach.

Need we say more? Location is indeed king. But like most good things, it comes with a huge price.
I like to buy plots around semi-developed areas where you can see the unfolding class and determine if it suits your needs.
Buying such plots or houses would pinch your pocket but you'll get to appreciate it in the long run.

But jokes apart, Enugu has changed for the better. Try hanging out in this town any night with small change in your pocket. That is what i call value for money. And guys, the streets are neat enough. Roads are pliable. Taxis plenty. Hotels affordable. And like my more ''learned'' contributors opinied, ''umu asa'' full ground. What else do you want in a city? Tell me!

@Brabus,
Good morning. Do you happen to have any picture of a naija terrace building? I am actually thinking hard about one of such- for investment purpose shaa.


But guy, there is nothing like living and sharing your own little space with your family. I have done that for a couple of years and i won't give that up for any ''collaborative environment''. Anyhow, I still ''collaborate'' with my neighbors too.
For investment purpose, terrace apartments make a lot of sense but i maintain that the clientele would be predominantly quick movers living like in an extended stay motel.

Thanks Hakir. I appreciate it. Infact, i got into Jahi early enough and i am waiting for the right time to dispose of a plot at ''optimum'' price!

Put all those costs together and the big boy can conveniently rent a duplex somewhere else with it.

The main concern here is that the same class that could like and afford these luxuries(24 hr power, machine washing and drying! security, gardener etc) are the same set that would also like space and privacy.

My fear is that community living or glorified face-me-i-face-you may not work in Naija. Where they exist, there will be a near zero percentage of willing clients.

There are many furnished apartments in Ikoyi in particular but they are almost always rented by top companies who pay top dollars for them.

Hakir,
Thanks for the info.
You've got your ears to the ground. Do you have an update on the infastructural development in Jahi? What is the average price of a 1000sq. m C of O plot out there?

Nat

From my experience, landlords and students don't fight over rent payment. It is simply pay and pack in. You rarely have to fight to get your money. Infact they pay before the rent expires because there are usually many more on the list waiting to pay and pack in.
I paid 100k per annum + 10k agency fee for a room(aka self contained) along New heaven for an ESUT student. Place is not even that close to the school and that was in 2006!

Ok. Thanks, Hakir.
I just don't know much about this AMAC and FCDA things. I hope they don't wake up tomorrow and put it under another body.

Hakir,
Karu is under which control?
Abeg, how does one start to chart a new plot in Karu? Where do i start?

Nat

Brabus,
U say dis one na terrace or abi extra terrestial? Na for where tenant go hang im cloth wen e don wash finish? For where e go throway water?

Jokes apart, co-sharing will be a serious issue with this type of inhabitation even with the so-called ''big boys''! Naija people need some kinda privacy and space to themselves, no matter how small.

But i like the picture scatter shaa. More, abegi!

Oga Brabus,
Abeg, you fit post some pixs of these terrace style apartments you wrote about?

Obrigado

I fear o!

Good thread. Watching this space closely.

Thanks Spyder.

I completely go with you on that installmental payment thing. Once you start out, you are hooked and so you must go all the way. With savings, you are optimizing your decision every step of the way and you are open to new deals. The only bad side is that it is not so easy to save that kinda money without channeling the fund elsewhere,

Am luvin it!

Still available. One plot will soon go. Thank you guys for the interest.

,, Good value. Contact me for details

All,
I am selling these Abuja plots ASAP.

a. Residential Jahi 981 sq.m  with C of O- N18m.
Remember Jahi? Infrastructure awarded and ongoing. This plot is very accessible and close to the major highway.

b. Residential Karu 2200 sq.m with C of O- N20m.
Locked in a fully developed area/estate right after the first filling station coming from Asokoro.

Both belong to me and are free of any issues whatsoever. Interested? Contact me on egbudu2007@yahoo.com or text me @ 08039333989

Cheers.
Nat

agabaI23:
Remii, which state is that?

Kaduna

Odunnu:
T/E polling unit ward 003: Enugu North.
PDP =193
PDC = 136
ACN = 31
LP    = 4
CPC  =2
APGA = 9

You mean PDP still pulled this off in Nsukka? No No way! Please, which one was it? House or the Senate?

I know PH will be orderly, peaceful and fully fortified. God save you if you are caught doing ''wuru-wuru''.

So, far, so good from PH city.

Ozin,
So, what car do you want? I should be able to get you one from the Port harcourt axis but the drop off point should be PH or you will have to cough out some return fees depending on where the car ends up.
I should also be able to buy back from you at the end of your stay, if you prefer that option.

Cheers
egbudu2007@yahoo.com

@Zogo,
Can you post or send me pictures of the NTA road porperties? Thanks

egbudu2007@yahoo.com

Bro, a picture will help you drive this home.

I am still swallowing my saliva.

Keep it coming guys. Thanks all, for your enquiries. This car is almost gone. Still available!

Almost gone. Going,

Still up for grabs

Stevo30,

NLanders dey try see how to manage use 2M naira build 3 bedroom bungalow with 2 toilets and u dey show us dis design dat design!

I for start to dey ''abuse'' you but i take style like better thing too o!

More designs jare!