₦airaland Forum

Still Available!

“Buy land, they’re not making it anymore.” ~Mark Twain
This is an unbelievable opportunity to own plots of Land at Eluju, Ibeju Lekki just 2 minutes drive away from the Lekki-Epe expressway. The plots of land are beside the luxurious estate, “The Shepherd Court”.
Only 3 plots of Land are left, with each plot is selling for N3,500,000 (Plots at The Shepherd Court are going for N4,300,000).

Neighbouring Facilities in the area are:
Schools: Greensprings School, Pan-Atlantic University
Estates: Mayfair Gardens, Beechwood Estate, Sapphire Gardens, Amen Estate
Resorts: Lakowe Golf Course, Omu resort, Eleko Beach
Industries: Eleganza Industries, Tinubu Central Business District, 4th Mainland Bridge, Lekki Free Trade Zone, Dangote Refinery, Lekki Deep-Sea Port

Why are you still reading this?? CALL OR EMAIL NOW!
Bimbo
phone – 08125978047
email – bolaoyebo@gmail.com
website – www.naijavillas.com

See the exact location and pictures below:
https://i2.wp.com/www.naijavillas.com/wp-content/uploads/2016/07/IMG_20160709_0856081.jpg
https://i1.wp.com/www.naijavillas.com/wp-content/uploads/2016/07/IMG_20160709_085544.jpg
https://i1.wp.com/www.naijavillas.com/wp-content/uploads/2016/07/IMG_20160709_085821.jpg
https://i1.wp.com/www.naijavillas.com/wp-content/uploads/2016/07/IMG_20160709_090046.jpg
https://i0.wp.com/www.naijavillas.com/wp-content/uploads/2016/07/eluju-map.png

woodfrank:
Yeah, I mean why would one have to pay all thos extra developmental and other levies even after the outright payment. Not cool

The truth is paying for extra levies outside outright payment is normal when buying within an Estate. This includes documentation fees and funds to develop infrastructure (roads, drainage, street lights etc) within the Estate that would further enhance the property value.

I own several land in the Imota area bought for cheap from the Community. This means I have contend with Omo onile though, paying fees when I want to put a Fence, Foundation, Decking and Roofing a structure. I am even expected to "drop something" whenever I visit.

So there are extra payments whether dealing with Real Estate firms or Omo onile. The former offers more security though.

Among the three options, I would recommend Ikorodu due to current and ongoing infrastructure like the 4th Mainland Bridge.
However, the best location in my opinion is Ibeju Lekki axis with upcoming projects like Dangote Refinery, Lekki-Epe International Airport, Lekki Seaport, Lekki Free Trade Zone and many more.

Guys, we may be missing the most obvious tell-tale sign on that certificate:
"STATEMENT OF RESULTS "
The font and style looks like word art from Microsoft Word. Notice that the text even has shadow effect. I doubt if this was possible in the 60s.

Oh dear...

Application form
The Agent may require you to complete an application form affixing passport photographs to the form. This is a registration form for record keeping. The fee is about N2,000-N3,000.

Inspection/Transportation costs
Some Agents might require you pay the transport fare to view properties. It is sometimes called Inspection fee. This fee is negotiable so bargain hard.

Agent Commission
This commission is usually paid by the prospective Tenant to the Agent for services rendered once a property has been chosen. The norm is 10% of the Rent fee. Unfortunately, many Agents crazily charge their Commissions over a 2-year period regardless of whether your tenancy lease is for 1 year or 2 years.

Legal Agreement
This is about signing and issuing the Tenancy Agreement and sometimes Payment Receipt. The norm is 10% of the Rent fee. Like Agency Commissions, don’t be surprised to pay this charge for a 2-year period regardless of whether your tenancy lease is for 1 year or 2 years.

Caution/Damages
This is an upfront refundable fee paid as “insurance” against the property. When the Tenant decides to leave the property, an inspection/audit of the apartment is carried out to ensure nothing has been damaged. If there are damages, it is deducted from the Caution fees paid. In Theory, The balance of the remaining fees (if there is leftover) is returned back to the Tenant. In Practice, it is usually difficult or next to impossible to get your Caution fees back.

Case Study
The story of my puzzling but hugely frustrating search for an accommodation is for another post.
I paid over N5,000 for a combination of Application form/Inspection/Transportation costs for the Agent to take me to several properties to view.
After settling for a 2-bedroom flat at Gbagada (Lagos Mainland), the rent was negotiated to N500,000 per annum.
Despite agreeing to 1 year rent, the Commission/Legal Agreement/Caution fees where all charged on a 2-year basis.
Rent = N500,000
Agent Commission: 10% x N500,000 = N50,000 x 2 years = N100,000
Legal Agreement: 10% x N500,000 = N50,000 x 2 years = N100,000
Caution fee: N50,000 x 2 years = N100,000
TOTAL RENT PACKAGE: N500,000 (Rent x 1 year) + N300,000 (Additional charges) = N800,000
Needless to say I “received sense” after seeing the ludicrous extra charges, I eventually paid Rent 2 years to March the extra charges.
UPDATED TOTAL RENT PACKAGE: N1,000,000 (Rent x 2 years) + N300,000 (Additional charges) = N1,300,000.

Source: Naija Villas

Agbowa Ikosi, is in Ikorodu, Lagos.

(Some parts of Agbowa fall in Lagos state, the other part is within Ogun state)

babalose:
Which area of lagos is this?

The truth is every developing area in Lagos (Ibeju Lekki/Epe - Ikorodu - Mowe/Ibafo - Sango Otta/Agbara) all have good potential in the long term period of 10 years time or more. The areas listed above will give good returns on investments in that period due to the ever increasing population of Lagos and developing infrastructure.

The true question is which area offers the best potential in Lagos? My answer - Ibeju Lekki/Epe. Several upcoming projects like Lekki-Epe airport, Lekki Seaport, Dangote Refinery, Lagos state golf course, 4th Mainland bridge are driving land prices in that area. Don't forget that Ambode is also from the area .

On Agbowa Ikosi development, it is not a bad investment if that's what you can afford at the moment. The expansion of Itokin - Imota - Agbowa roads will further open the area up.

AppleofGod:
I want to know if Agbowa Ikosi is a good land investment. And will it be beneficial or has a good potential in 10 years time.

BrainnewsNg:
Good news

@BrainnewsNg - I don't think it's good news as the N300,000 fine is paltry compared to the havoc these Omo Onile cause.

Would it really deter them particularly when dealing with a Land/Property worth several millions (or billions)?

Please what is Agbogunleri?

Pprovost:

I can relate with this bro

I would not argue on New Owerri beating Lekki in terms of Aesthetics and Infrastructure but not in property appreciation. Lekki axis is the fastest growing area in West Africa which has led to unprecedented price growth over the years.

I agree on the stress level involved though when buying land in Lagos.

proeast:
They are still considering the bill in this age & time? So much for the centre of excellence! I dont know why my brothers will continue to risk their hard earned resources trying to buy land in Lagos when Owerri is there for them to invest in without much stress. Wether for private abode or commercial estate, the ROI in Owerri is almost the same! New Owerri is very much comparable to Lekki in terms ofaesthetics, goods roads, nice apartments, well cut flowers & lawns etc. Lagos is just an urban jungle were life is very stressful!

Add Torture and Hard Labour to Long jail term as a fitting punishment.

datola:
Long jail term is what is needed to curb their criminal activities.

Ambode will go in history as an outstanding governor if he is able to eradicate the menace of omo onile and agbero alike.

This is a good strategy - placing military signs on your land. It is more effective in outskirts areas of Lagos like Ikorodu compared to other places like Lekki. Imagine these Guys encroaching General Theophillus Danjuma lands in Ajah?

Speakdatruth:
to handle dos guys is simple, wot I did was to engage my military brother. I placed a sign post Military Zone Keep Off n dats all. who wan die?

Omo Onile, Ajagungbale, Land Grabbers, whatever else they are called have also been a menace to Land Owners for several decades. They range from family members of the original land owner, membes of the community or plain Opportunistic Thugs.

Their modus operandi is to disrupt activities of Land Owners, or forcefully infringe themselves on other people’s Lands. They are usuaully armed with weapons and sometimes work with Enforcement agencies. In more affulent areas like the Lekki-axis, these thugs are more dangerous and powerful, riding around in luxury SUV vehicles, demanding for outrageous amounts.

Unfortunately, I have been involved with these groups of individuals in my personal land endeavours. The “Ajagungbales” are a group that forcefully collect other people’s lands. Openly confronting them can lead to violent, deadly encounters (remember the issue of the death of Lekki Free Trade Zone Managing Director, Bola Disu when called to resolve some land dispute). These Guys have “confisticated” large parcels of Land in Ikorodu, include mine. These Gang of about 200 people are armed with weaponry to the teeth, so visiting is not even an option.

Seems like the Lagos state government are ready to implement a Bill to curtail the activities of these scourge. Unfortunately, [b]the punishment upon successful conviction – only N300,000 fine.[b]
Even the traditional leader of Ikorodu, the Ayangburen of Ikorodu, Oba Kabir Adewale Shotobi, called the fine “too meagre”. Enforcement of the Bill is another project on its own.

So it looks like Land grabbing is not going to end in Lagos anytime soon…

Source: Naija Villas

...4 more plots remaining...

Call or text 08125978047 to capture the last plots.

Generally CISA is the most respected in the industry (amongst those three)

Trunaijian has answered your questions.

First and most important thing is verification of land titles. You don't want to buy now and eventually lose it on something that could have been avoided.

Also find out the Total costs which includes Documentation fees, Development /Infrastructure fees. The latter might not be paid immediately and can be as much as the price of the land (sometimes more).

Find out what type of structures can be built e.g. Some Estates only allow a maximum of one storey building.

After payment, do you get allocated your land immediately? (So many Estates take months before allocated as many do it in batches)

Finally, ensure you visit the site before Payment. See and review the place before making such a massive investment. Don't stop asking questions (no question is stupid)

overcomer123:
Guys what are the tips and documents to look out for when buying estate land, particularly in abuja?

I am interested in this goshen estate plot in pyakasa but men i dont just knw.

I no wan enter one chance.

Remii:
Why do they always report highest rate in the market. I just made online transaction at N295/$

$199 - Official Bank rate (almost nobody gets it at this rate)
$295 - Debit/Credit card rate (mostly online transactions)
$321 - Parallel market rate/Bureau DE change/Aboki rate

Mayflowa:
You can't be a billionaire by being an employee. You can't even be a multimillionaire until you are close to retirement. Only entrepreneurs become so.

If there exist any chance of you developing useful products, it is in lecturing and research. Who told u lecturers are not reach? Meet me to tutor u.

It's not likely to become a Billionaire as an Employee but not impossible. Many C-Level Executives are given shares of the Company which can be worth a lot.

I disagree though that you cannot be a multimillionaire as an Employee. There are many "employees" here in Nigeria with networth in the 8 figures (some 9 figures) in Real Estate and Shares.

I agree though that entrepreneurship offers better possibility of a fat bank balance.

There's nothing wrong with Banking and Finance as a course. You can work in almost every industry as a Finance professional. Whether its Banking and Finance, Accounting or Economics, work experience and professional certifications will define your career path. Infact, your first job is a massive decider to their future career path.
The relevant professional certifications are CIBN - for Banking, ICAN/ACCA - Accounting, CIS/CFA - Stocking Broking and Investment Banking.

If you are interested in investment, buy Land in a good area.

Good Programmers are very much in demand from Start-ups (cc hub) to the Corporate world.

Available

phoenix480:
Available

Available

Available

phoenix480:
Available

If you really want to know about certifications, google IWCF Certification and IADC Certification.

Note that you cannot walk into jobs these days without experience even with certifications. I would focus on getting ANY experience in the Oil and Gas firms. This should include unpaid stints - if you are really keen to break into the Sector. Use Family Friends and the people you know as Leverage into the Sector. Pound the streets and approach smaller firms to speak to the MD/CEO.

ezra01:
@Phoenix thanks, I would prefer drilling engineer and as for the networking, I know some persons but they demanded I get the necessary certifications and skills.
I would appreciate it, if u can help me on this issue.

The IPS is the best Petroleum training school in Nigeria, you will receive a Degree jointly awarded by IFP School, France and the University of Port Harcourt, Nigeria and Professional Certification in Associate Environment Practitioners (AEP) Certification (NREP, USA).. Pre-2015 Crude Oil crash, its candidates got Oil and Gas jobs. There have been severe job cuts in the Oil and Gas jobs so things were not like before.

Nevertheless, if you gain admission ensure you graduate in the top 5% so you can be poached as Firms like TOTAL, NLNG partner IPS.

samuel3818:
OP I think that puts us in about the same shoes. I studied Civil Engineering with a 2:1(was amongst the top 10 in my class). I am about rounding up my service year too (april by His grace). I am supposed to start an application for an MSc at IPS Port Harcourt (I hope I am successful amd offered admission eventually tho)...Whatever you do, I wish you the best

phoenix, you know anyone who knows much about IPS (OR perhaps you do)?

Orioner:
People are your greatest assets. Be cordial and go out helping people. (As humans, we usually think we have it worse until we meet someone in a worst position and besides helping another human fills you up with a cheerful optimism towards life. And yeah there is Karma... yeah Karma still does it work well)

I concur. Networking still remains the easiest way to get to the next level. Always be around people that are better than you. Start helping these people and eventually, they will send opportunities down your way.

My contribution to the top Banks.

Note that the order might not be 100% but these are the top paying Banks.

dsaynt:
Are you trying to tell me that NLNG pays higher than Total, Agip and Chevron? I doubt that. They pay well but not as much as the IOCs. Don't forget that the staff of NLNG are made up of staff of these OICs.
Can some tell me the highest paying by sector? i.e.
Manfacturing: Top 5
Telcoms: Top 5
Oil & Gas (multinationals): Top 5
Oil & Gas (local): Top 5
Banking/Financial Services: Top 5 1. Diamond 2.Access 3. GTB 4. First Bank 5. UBA

Available

What job/role do you want at an Oil and Gas firm?

This will inform the skills and certifications you need.

Probably the most important soft skill you need is Networking. You should know people by now in different Oil and Gas firms. This remains the easiest way to secure a job.