₦airaland Forum

Serviced 3 bedroom flat at Gbagada
Rent - N850k X 2yrs
SC - N400k per annum
Services - Electricity (generator), Uniformed Security, Cleaning
CONDITION
Newly Renovated to taste
Serene compound and neighbourhood
2 standby generators to augment PHCN
NO EXTRA CHARGE FOR DIESEL!!!!!

CALL PROPERTY MANAGER NOW
07062160598
08051958602

Fully furnished 2 bedroom flat off Palace Road, Oniru to let
RENT - N4million per annum X 2yrs
CONTACT 07062160598, 08051958602

URGENT REQUEST

2 bedrooms detaced bungalow at VI or Oniru area. The budget is N35 million. Terrace flat could also be considered. U can call Alex on 07062160598 for details. thank u. We can also be reached on samesrealtors@yahoo.com.

Sames Realtors
07062160598
samesrealtors@yahoo.com

Hi James
Do u have a detached bungalow of 2 or 3 bedrooms at V/I or Oniru for sale. The budget is N35 million. I can be reached on 07062160598. We can also deal for a terrace if available at these locations . Thanks.

Sames Realtors - 07062160598

IF U ARE A PTY OWNER OR DIRECT AGENT and do have pty that can pass for a boutique along Adeniyi Jones or off not far from the road. The budget is N400k to N450k p.a.

Call Sammy on 08051958602 or 07062160598 for further details on inspection.

In response to the question. One should understand the mindset of a prudent investor. His motive is primarily to maximize his returns. Of course, having a reduced payback period is also of great concern in any investment analysis. why i agree that the payback period for rental properties could take up to 10years in some locations, it should also be noted that areas such as Lekki has shown a considerable reduction in payback period for investors in recent years.

On Ashland's comparison with fixed deposits, I strongly fault his basis of analysis. You forget that the capital used in acquiring the property is the principal on the investment while the rents form the interest on the property. If you are an investor who gets facility of N20million with a repayment plan of 7years? Would you fix it in a bank that offers up to 9% interest rate per annum or u rather invest in real estate that could give u a returns of 6%(I am been very extreme with the rates)

On maturity, how much does the investor get if he invests in certificate deposits? All he gets will be just enough to service the loan you will agree.
However, if he invests in real estate, the rents will service the loans and the capital gains on liquidation will surely be above the principal sum. enough to make the investor smile at himself and want to get into the next deal.

So ALL, REAL ESTATE INVESTMENTS STILL OFFER GOOD RETURNS WITH REDUCED PAYBACK (if holding isnt your motive). However, care should be taken when acquiring property for investment purposes. It doesnt make sense acquiring a detached bungalow for investment purpose and expect to have a payback period of 5years. REMAIN BLESSED

Hi Lifted one,
Just wonderin if u cover the VI/ Ikoyi axis as well. If u have ppty for sale suitable for commercial use around Adeola Odeku axis. kindly contact me on 08051958602 or samesrealtors@yahoo.com so we can discuss further. The required land area is about 1200m2. Thank u very kindly.

Also, if anyone can get land of 11,000m2 at banana island for urgent purchase.

Budget: Open
Title must be good and transferable

Our client requires land measuring about 11,000sq mt at Banana Island for urgent purchase. Kindly call us on 08051958602 for details on joint identification and inspection. Thank you.

NB: Only DIRECT AGENTS or OWNERS need respond to this request

We are a Real Estate Company involved in property acquisition, sales and development. We are located in Victoria Island, Lagos.
If you have properties that offer good viability prospects where a reasonable return can be achieved in one to two years. Kindly contact us on the following phone numbers. 08051958602 and 07028069264.

Thank you.

Samuel Essien
samesrealtors@yahoo.com